North Haven Foundation

Organization Overview

North Haven Foundation is located in Rockland, ME. The organization was established in 1967. According to its NTEE Classification (T31) the organization is classified as: Community 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. North Haven 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 06/2022, North Haven Foundation generated $621.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $230.7k during the year ending 06/2022. While expenses have increased by 4.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FOUNDATION IS TO ASSIST GRADUATES OF THE NORTH HAVEN COMMUNITY SCHOOL AND ADULT RESIDENTS OF THE ISLAND IN THEIR PURSUIT OF A POST SECONDARY EDUCATION, AND TO SUPPORT THE NORTH HAVEN COMMUNITY SCHOOL IN SUPPORT OF ITS EXTRA CURRICULAR AND TUITION PROGRAMS AND COLLEGE COUNSELING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL ASSISTANCE TO FAMILIES OF GRADUATES OF THE NORTH HAVEN COMMUNITY SCHOOL AND OTHERS WITH SUBSTANTIAL CONNECTIONS TO THE TOWN OF NORTH HAVEN. DURING THE YEAR ENDING JUNE 30, 2022 FAMILIES OF EIGHT STUDENTS FROM NORTH HAVEN WERE ASSISTED WITH COLLEGE EXPENSES IN THE AMOUNT OF 133,009.


TO ASSIST NORTH HAVEN COMMUNITY SCHOOL WITH PROGRAMS, INCLUDING COLLEGE PLANNING FOR HIGH SCHOOL SENIORS, SUMMER SCHOOL, ACAMDEMIC TUTORING AND OTHER EDUCATIONAL PROGRAMS.


TO ASSIST FAMILIES IN NEED WITH TUITION FOR NORTH HAVEN ARTS AND ENRICHMENT LAUGH AND LEARN PRESCHOOL AND TODDLER PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Curtis
Vice Preside
$0
Charles C Cunningham Jr
Vice Preside
$0
Janice Hopkins
President
$0
Jesse Rutter
Treasurer
$0
Haven Hopkins Stone
Executive Di
$0
David Testa
Financial Ad
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$193,987
Noncash contributions included in lines 1a–1f $2,725
Total Revenue from Contributions, Gifts, Grants & Similar$193,987
Total Program Service Revenue$0
Investment income $158,208
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $269,300
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $621,495

Grants Awarded

Over the last fiscal year, North Haven Foundation has awarded $52,325 in support to 2 organizations.

Grant RecipientAmount

NORTH HAVEN COMMUNITY SCHOOLNORTH HAVEN COMMUNITY SCHOOL

PURPOSE: CAREER COUNSELING

$34,000

NORTH HAVEN ARTS AND ENRICHMENTNORTH HAVEN ARTS AND ENRICHMENT

PURPOSE: PRE SCHOOL PROGRAMS

$18,325
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that North Haven Foundation has recieved totaling $102,100.

Awarding OrganizationAmount
Cornolia Cogswell Rossi Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$75,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$10,000
Angel Foundation

New York, NY

PURPOSE: EDUCATIONAL

$10,000
Weld Foundation

Boston, MA

PURPOSE: GENERAL

$5,000
Strypemonde Foundation Tr

New York, NY

PURPOSE: GENERAL PURPOSES

$1,500
The Jebediah Foundation

Boston, MA

PURPOSE: CONTRIBUTION TO GENERAL

$600
View Grant Recipient Profile

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