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Foundations / Maine

Aroostook Savings & Loan Foundation

Preselected recipients only Caribou, Maine · EIN 872518525

Aroostook Savings & Loan Foundation is a private foundation in Caribou, Maine. In tax year 2025 it gave $15,000 in 2 grants; the typical grant was $7,500 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was up from $11,000 the year before.

100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$5,2502$202,961
2024$11,0002$29,767
2025$15,0002$13,392

How to apply

Aroostook Savings & Loan Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Aroostook Savings & Loan Foundation funds

Where it gives

All of its grants went to recipients in Maine.

StateGrantsAmount
Maine2$15,000

Grants paid in 2025

All 2 grants
RecipientPurposeAmount
Galen Cole Foundation
Bangor, ME
Veteran heating assistance$10,000
Northern Maine Community Trails
Presque Isle, ME
Community activities$5,000

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does Aroostook Savings & Loan Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Aroostook Savings & Loan Foundation give?

$15,000 in tax year 2025, across 2 grants, with a typical grant of $7,500.

Who runs Aroostook Savings & Loan Foundation?

Its 2025 filing lists Katherine Anderson (Chairman), Richard D Solman (Secretary/Cl), Vicki L Keaton (Director) and Kyle A Washington (Director) among 6 officers and trustees.

What does Aroostook Savings & Loan Foundation fund?

Based on its grants, mainly veterans and environment and conservation.

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