Saco & Biddeford Savings Charitable Foundation

Organization Overview

Saco & Biddeford Savings Charitable Foundation is located in Saco, ME. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saco & Biddeford Savings Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Saco & Biddeford Savings Charitable Foundation generated $664.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $496.7k during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Saco & Biddeford Savings Charitable Foundation has awarded 1,081 individual grants totaling $3,408,459. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $591,189
Interest on Savings $60
Dividends & Interest $19,177
Net Rental Income$0
Net Gain on Sale of Assets $53,783
Capital Gain Net Income $228,350
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $664,209

Grants Awarded

Over the last fiscal year, Saco & Biddeford Savings Charitable Foundation has awarded $493,103 in support to 161 organizations.

Grant RecipientAmount

UNITED WAY OF SOUTHERN MAINE

PURPOSE: GENERAL OPERATING SUPPORT

$56,300

TRUSTEES OF THORNTON ACADEMY

Org PageRecipient Profile

Saco, ME

PURPOSE: GENERAL OPERATING SUPPORT

$48,548

HOSPICE OF SOUTHERN MAINE

Org PageRecipient Profile

Scarborough, ME

PURPOSE: GENERAL OPERATING SUPPORT

$25,700

THE LIFEFLIGHT FOUNDATION

Org PageRecipient Profile

Camden, ME

PURPOSE: GENERAL OPERATING SUPPORT

$25,000

Portland, ME

PURPOSE: $1,750 BARBARA BUSH CHILDREN'S HOSPTIAL; $20,000 MAINE MEDICAL CENTER

$21,750

RONALD MCDONALD HOUSE CHARITIES INC

Org PageRecipient Profile

Portland, ME

PURPOSE: GENERAL OPERATING SUPPORT

$13,500
View Grant Profile

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