The Masonic Charitable Foundation of the Grand Lodge of Maine
The Masonic Charitable Foundation of the Grand Lodge of Maine
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About this organization
Revenue
$3,447,347
Expenses
$798,243
Mission
The Foundation was established for charitable, educational and other specific purposes in accordance with Masonic principles and practices.
About
Youth Activities:Bikes for Books -Our Bikes for Books program continues to expand by leaps and bounds across the State. The program is intended to be executed in concert with a school's reading initiative to support local schools. Each year, we have seen an increase in the number of lodges who are going into the community, reaching schools to propose a partnership, engage the community to raise funds, and see free bikes and helmets into the hands of worthy children who have earned a reward for their efforts. This past year we have seen thousands of bikes given away and our matching grants totals were up by 38%. School administrators, children, parents, and lodge members all know this program works and benefits their communities.Scholarships - to approximately 30 students.Other youth activities - Including grants to organizations and projects such as Project Graduation and children's dyslexia.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “The foundation was established for charitable, educational and other specific purposes in accordance with masonic principles and practices.”.
When outlining the tasks it performs, they were referred to as: “The foundation was established for charitable, educational and other specific purposes in accordance with masonic principles and practices.”.
- The non-profit's reported state of operation is ME as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is P O Box 430, Holden, ME, 044290430.
- As of 2020, the non-profit has 2 employees reported on their 990 form.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,649,104.
- The organization has 9 independent voting members.
- The organization was formed in 1991.
- The organization pays $95,038 in salary, compensation, and benefits to its employees.
- The organization pays $24,022 in fundraising expenses.
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