The Bill and Joan Alfond Foundation
EIN 010421806 Private FoundationTotal Given 2016–2024
$52.1M
411 grants · $5.8M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$10K
typical small grants · $2K–$31K
grant size
39%
supporter · 70/178 multi-year
repeat
$81.2M
Assets (2024)
178
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
THE BILL JOAN ALFOND FOUNDATION CO
Phone
(207) 828-7999
Deadlines
NO SUBMISSION DEADLINES.
How to Apply
APPLICANTS SHOULD SUBMIT THEIR REQUESTS AS FOLLOWS: (1) A BRIEF (1-3 PAGE) LETTER DESCRIBING THE PROJECT, DRIVE OR CAMPAIGN. THIS SHOULD INCLUDE A STATEMENT OF NEED, NUMBER OF PEOPLE BENEFITED, GEOGRAPHIC AREA SERVED, TOTAL FUND RAISING GOAL, STRATEGY AND AMOUNT REQUESTED FROM THE FOUNDATION, (2) CAPITAL CAMPAIGNS AND SPECIAL PROJECTS SHOULD ALSO INCLUDE A BUDGET, (3) ORGANIZATIONS SHOULD ENCLOSE A COPY OF THEIR 501(C)(3) DETERMINATION LETTER, (4) OTHER SUPPORTING MATERIAL.
Restrictions
THE FOUNDATION CONTRIBUTES TO ORGANIZATIONS IN THE FIELD OF HIGHER EDUCATION. THE FOUNDATION ALSO CONTRIBUTES TO WORTHY CHARITIES WITHIN ITS PRINCIPAL AREA OF GEOGRAPHIC INTEREST. WHEN CONSIDERING MAJOR GRANTS, THE FOUNDATION NORMALLY REQUIRES THAT THE GRANTEE RAISE MATCHING FUNDS FROM OTHER ORGANIZATIONS AND INDIVIDUALS.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $3.0M | $56.1M | $5.1M | 86 |
| 2017 | $31.6M | $62.9M | $4.3M | 79 |
| 2018 | $4.5M | $61.8M | $130K | 82 |
| 2019 | N/A | $66.9M | $1.7M | N/A |
| 2020 | $4.2M | $65.8M | $12.7M | 31 |
| 2022 | $2.2M | $72.6M | $3.5M | 33 |
| 2023 | $3.0M | $72.8M | $5.1M | 53 |
| 2024 | $3.6M | $81.2M | $4.5M | 47 |
Grant Size Distribution
Based on 411 grants on record
Minimum
$100
25th Pctl
$2K
Median
$10K
Average
$127K
75th Pctl
$31K
Maximum
$24.0M
Geographic Distribution
Officers & Directors
JA
Joan Alfond
8+ yrs
Vice President, Director
Leadership
WA
William Alfond
8+ yrs
President, Director
Leadership
GE
Gregory Powell See General Explantn
8+ yrs
Treasurer
Leadership
EE
Elizabeth Menard See Genrl Explantn
Secretary
Leadership
RA
REIS Alfond
8+ yrs
Director
JA
Justin Alfond
8+ yrs
Director
KA
Kenden Alfond
8+ yrs
Director
Grants Awarded (411 total)
| Purpose | ||||
|---|---|---|---|---|
| President and Trustees of Colby College | Waterville, ME | $24,000,000 | DARE NORTHWARD CAMPAIGN | 2017 |
| Governor's Academy | Byfield, MA | $4,796,037 | PARKER RIVER SCIENCE CENTER | 2017 |
| President and Trustees of Colby College | Waterville, ME | $2,002,086 | DARE NORTHWARD CAMPAIGN | 2018 |
| President and Trustees of Colby College | Waterville, ME | $2,000,000 | BILL AND JOAN ALFOND MAIN STREET COMMONS (DARE NORTHWARD CAMPAIGN) | 2020 |
| President and Trustees of Colby College | Waterville, ME | $1,000,000 | DARE NORTHWARD CAMPAIGN | 2017 |
| Governor's Academy | Byfield, MA | $998,282 | PARKER RIVER SCIENCE CENTER | 2020 |
| Governor's Academy | Byfield, MA | $796,037 | PARKER RIVER SCIENCE CENTER | 2018 |
| Central Maine Community Betterment Collaborative | Waterville, ME | $634,374 | ECONOMIC DEVELOPMENT LEADERSHIP | 2023 |
| Colby College | Waterville, ME | $600,173 | UNDESIGNATED LIFETIME COMMITMENT (DARE NORTHWARD CAMPAIGN) | 2024 |
| Brigham and Women's Faulkner Hospital | Boston, MA | $500,000 | 2018 FELLOWSHIP PROGRAM AT JOHN R. GRAHAM HEADACHE CENTER | 2018 |
| Kennebec Valley Community Action Program | Waterville, ME | $500,000 | SKOWHEGAN PUBLIC SCHOOL EARLY CHILDHOOD EDUCATION WING | 2022 |
| Kennebec Valley Community Action Program | Waterville, ME | $500,000 | SKOWHEGAN PUBLIC SCHOOL EARLY CHILDHOOD EDUCATION WING | 2024 |
| Mass General Brigham Incorporated | Boston, MA | $500,000 | MASS EYE & EAR HEARING LABS CAPITAL IMPROVEMENTS | 2024 |
| Brigham and Women's Faulkner Hospital | Boston, MA | $500,000 | FELLOWSHIP PROGRAM AT THE JOHN R. GRAHAM HEADACHE CENTER | 2017 |
| Partners Healthcare System Inc | Boston, MA | $499,000 | FELLOWSHIP PROGRAM AT THE JOHN R. GRAHAM HEADACHE CENTER | 2023 |
| BNY Mellon Charitable Gift Fund | Boston, MA | $446,000 | UNRESTRICTED | 2023 |
| Carrabassett Valley Academy | Carrabassett Valley, ME | $423,000 | COMPETITION CENTER | 2016 |
| Partners Healthcare System Inc | Boston, MA | $400,000 | 2022 FELLOWSHIP PROGRAM AT THE JOHN R. GRAHAM HEADACHE CENTER | 2022 |
| BNY Mellon Charitable Gift Fund | Boston, MA | $398,225 | DONOR ADVISED FUNDS WITH DISQUALIFIED PERSON ADVISORY PRIVILEGES | 2024 |
| Mass General Brigham Incorporated | Boston, MA | $395,000 | HEADACHE MEDICINE, RESEARCH, AND TREATMENT | 2024 |
| The Governor's Academy (Formerly Governor Dummer Academy) | Byfield, MA | $322,000 | DINING HALL PROJECT | 2016 |
| Kennebec Valley Community Action Program | Waterville, ME | $300,000 | CAREQUILT: BEYOND THE WALLS | 2016 |
| Thomas College | Waterville, ME | $280,000 | EVP CHALLENGE GRANT | 2016 |
| Coastal Enterprises Inc | Brunswick, ME | $250,000 | CHILD CARE BUSINESS LAB EXPANSION IN THE RIM COUNTIES | 2020 |
| Jewish Community Alliance | Portland, ME | $250,000 | TOGETHER B'YACHAD CAMPAIGN | 2016 |
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