Bracy Memorial Trust Fund

Organization Overview

Bracy Memorial Trust Fund is located in Augusta, ME. The organization was established in 2009. 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. Bracy Memorial Trust Fund 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, Bracy Memorial Trust Fund generated $73.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $58.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Bracy Memorial Trust Fund has awarded 107 individual grants totaling $213,000. 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 $0
Interest on Savings $0
Dividends & Interest $19,707
Net Rental Income$0
Net Gain on Sale of Assets $53,922
Capital Gain Net Income $53,922
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $109
Total Revenue $73,738

Grants Awarded

Over the last fiscal year, Bracy Memorial Trust Fund has awarded $50,000 in support to 26 organizations.

Grant RecipientAmount

MAINE CONGREGATIONAL CHURCH N BERWICK

PURPOSE: GENERAL CHARITABLE PURPOSES

$5,000

READFIELD UNITED METHODIST CHURCH

Org PageRecipient Profile

Kents Hill, ME

PURPOSE: GENERAL CHARITABLE PURPOSES

$5,000

CHILDREN'S CENTER

PURPOSE: GENERAL CHARITABLE PURPOSES

$5,000

READFIELD UNION MEETING HOUSE

Org PageRecipient Profile

Readfield, ME

PURPOSE: GENERAL CHARITABLE PURPOSES

$5,000

NORTHERN LIGHT INLAND HOSPITAL FOUNDATION

PURPOSE: GENERAL CHARITABLE PURPOSES

$2,500

MAINE GENERAL HEALTH

Org PageRecipient Profile

Augusta, ME

PURPOSE: GENERAL CHARITABLE PURPOSES

$2,500
View Grant Profile

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