Quimby Family Foundation
- Assets
- $18.6m
- Revenue
- $1.3m
- Investments
- $18.2m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 08/2004
- Data as of
- 12/2021
- EIN
- 20-0041017
Organization Overview
Quimby Family Foundation is located in Portland, ME. The organization was established in 2004. 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. Quimby Family 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 12/2021, Quimby Family Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 0.6% 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.
Since 2015, Quimby Family Foundation has awarded 369 individual grants totaling $7,010,694. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOOST COMMUNICATION PROGRAM - A FOUR MONTH PROGRAM DESIGNED TO ASSIST SMALL NON-PROFIT ORGANIZATIONS WITH IDENTIFYING WAYS TO STREAMLINE, COORDINATE, AND AMPLIFY COMMUNICATION EFFORTS TO SUPPORT THE NON-PROFIT'S MISSION. THROUGH 2021, THE PROGRAM HAS ASSISTED 8 NON-PROFIT ORGANIZATIONS. SEE WWW.QUIMBYFAMILYFOUNDATION.ORG/BOOST FOR MORE INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Quimby Executive Director & Director | 40 | $103,096 | |
Megan Quimby Director | 2 | $0 | |
Roxanne Quimby President & Director | 2 | $0 | |
Rebecca Rowe Treasurer & Director | 4 | $0 | |
Yemaya St Clair Secretary | 2 | $0 | |
Morgan Quimby Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58,944 |
| Dividends & Interest | $314,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $924,214 |
| Capital Gain Net Income | $924,214 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,298,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $103,096 |
| Other employee salaries and wages | $87,224 |
| Pension plans, employee benefits | $17,322 |
| Interest | $0 |
| Taxes | $19,370 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $312,036 |
| Total operating and administrative expenses | $659,502 |
| Contributions, gifts, grants paid | $1,043,565 |
| Total expenses and disbursements | $1,703,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,021 |
| Savings and temporary cash investments | $304,784 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,992,594 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,595,487 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $80,000 |
| Total liabilities | $80,000 |
Grants Awarded
Over the last fiscal year, Quimby Family Foundation has awarded $1,043,565 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE GEAR SHARE PURPOSE: FUNDING PROVIDED AS FISCAL SPONSOR DURING START UP PERIOD | $27,565 |
ST MARY'S NUTRITION CENTER PURPOSE: 2021 NOURISHMENT GRANT | $25,000 |
WABANAKI PUBLIC HEALTH (FISCAL SPONSOR WABANAKI HEALTH & WELLNESS) PURPOSE: 2021 NOURISHMENT GRANT | $25,000 |
THE SOMALI BANTU COMMUNITY ASSOCIATION PURPOSE: 2021 NOURISHMENT GRANT | $25,000 |
Norway, ME PURPOSE: 2021 NOURISHMENT GRANT | $24,000 |
Portland, ME PURPOSE: 2021 MOVEMENT GRANT | $24,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Quimby Family Foundation has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
The Outdoor Foundation Boulder, CO PURPOSE: CONSERVATION | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
P M Allen Family Foundation Hanover, NH | $110,796,013 | $13,365,268 |
Rannie Webster Foundation Rye, NH | $21,769,366 | $13,522,122 |
Elmina B Sewall Foundation Freeport, ME | $198,399,545 | $18,229,129 |
Lunder Foundation Portland, ME | $114,918 | $28,179,943 |
Otto And Fran Walter Foundation Inc Boothbay Harbor, ME | $14,780,673 | $2,403,803 |
The Jack & Dorothy Byrne Foundation Inc Hanover, NH | $178,090 | $5,355,970 |
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |
Albert B Glickman Family Foundation Portland, ME | $24,527,916 | $3,353,968 |