Question 1

What does Biddeford and Mechanics Savings fund?

Accepted Answer

Biddeford and Mechanics Savings has funded 40 organizations with 97 grants on file.

Question 2

How much does Biddeford and Mechanics Savings give in grants?

Accepted Answer

In the most recent filing year, Biddeford and Mechanics Savings awarded $182,500 in grants. The foundation holds $107,693 in total assets. Grant data is available for 4 years, from 2021 to 2024. There are 97 individual grants on file.

Question 3

Who runs Biddeford and Mechanics Savings?

Accepted Answer

Biddeford and Mechanics Savings is led by Suzanne Carney (Secretary), Carri Brown (Treasurer), Keith Jacques (Vice Chair & Board Member), and 12 others. This information is from their 2024 IRS 990-PF filing.

Question 4

Where is Biddeford and Mechanics Savings located?

Accepted Answer

Biddeford and Mechanics Savings is located in Auburn, ME. Their EIN is 85-1674412. Their website is https://maine.bank/community/.

Question 5

How to apply for a grant from Biddeford and Mechanics Savings?

Accepted Answer

Grant application processes vary by foundation. Biddeford and Mechanics Savings accepts unsolicited proposals. Potential recipient organizations will be identified and examined by the Board of Directors of the Foundation. The Foundation may require written grant proposals from each potential grant recipient. If the Foundation does require a written grant proposal, the grant proposal should specify the purposes for which the grant will be used, the applicant's willingness and commitment to abide by any terms applicable to the grant, and the applicant will document their exempt status. After receipt of the grant funds, the grant recipient may be required to provide annual reports, as well as a final written report, detailing the use of grant funds. Grant terms of agreement may specify the Foundation's right to withhold and/or recover grant funds in case such funds are, or appear to be, misused. Applicants may also submit direct grant-requests to the Foundation online at: https://maine.bank/community/ Visit their website for more information. You can also use Signal990 to research their grant history and find the best approach.

Year	Total Granted	Grants Made	Avg Grant
2024	$182,500	26	$7,019
2023	$135,834	23	$5,906
2022	$120,000	22	$5,455
2021	$185,707	26	$7,143

Biddeford and Mechanics Savings

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