Machias Savings Bank Community Development Foundation
Accepts applications
Machias Savings Bank Community Development Foundation is a private foundation in Machias, Maine. In tax year 2025 it gave $205,000 in 27 grants; the typical grant was $5,000 and the largest $50,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$205,000
- Number of grants27
- Typical grant$5,000
- Largest grant$50,000
- Assets$6.0 million
- New grantees70%
Giving in 2025 was up from $202,640 the year before.
70% 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 year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $242,750 | 35 | $4.3 million |
| 2024 | $202,640 | 27 | $5.3 million |
| 2025 | $205,000 | 27 | $6.0 million |
How to apply
| Contact | Melissa Moffett Denbow Community Ex PO Box 318, Machias, ME 04654 |
|---|---|
| Phone or email | (207) 255-9266, mdenbow@machiassavings.com |
| What to submit | Potential applicants may learn about and apply for funding through the Machias Savings Bank website, at: https://www.machiassavings.bank/donations-and-sponsorships-guidelines/ Applicants will be asked to describe their organization and why they are deserving of funding. The Foundation will prioritize projects that help improve the lives of our community members. Priorities are given to the following: financial health, basic needs, low to moderate income programming, workforce development, entrepreneurship, broadband connectivity, childcare, and youth programming. The applicant must demonstrate the ability to carry out the objectives cited in the grant application. Applicants will need to attach all supporting documentation and include a copy of their 501(c)(3) determination letter from the IRS. |
| Deadlines | The Foundation grants are awarded twice each year. |
| Restrictions | The Foundation only makes grants to qualified 501(c)(3) organizations. A nonprofit may apply for a donation from the Machias Savings Bank and still be eligible for a grant from the Foundation. Awards are generally limited to organizations operating in the service areas of Machias Savings Bank. The Foundation does not award donations to religious or political organizations, unless the programming is for food insecurity or to advance financial health. The Foundation also does not award donations to individuals. |
Foundation website IRS filings on ProPublica
What Machias Savings Bank Community Development Foundation funds
Where it gives
All of its grants went to recipients in Maine.
| State | Grants | Amount |
|---|---|---|
| Maine | 27 | $205,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Lobstermen's Community Alliance | Program Support Grant | $50,000 |
| Jobs For Maine Graduates Inc | Program Support Grant | $25,000 |
| Penquis CAP Inc | Program Support Grant | $20,000 |
| Homeless Services of Aroostook | Program Support Grant | $10,000 |
| Lift All Boats | Program Support Grant | $10,000 |
| Olympia Snowe Women's Leadership Institute | Program Support Grant | $10,000 |
| Town of Machias | Program Support Grant | $10,000 |
| Avesta Housing Development Corporation | Program Support Grant | $5,000 |
| Families First Community Center | Program Support Grant | $5,000 |
| Information Technology Exchange Give IT Get IT | Program Support Grant | $5,000 |
| Midcoast Habitat For Humanity | Program Support Grant | $5,000 |
| Northern Light Maine Coast Hospital | Program Support Grant | $5,000 |
| Preble Street | Program Support Grant | $5,000 |
| Rural Aspirations Project | Program Support Grant | $5,000 |
| United Way of Southern Maine | Program Support Grant | $5,000 |
| Boys & Girls Club of Bangor | Program Support Grant | $2,500 |
| Coastal Enterprises Inc | Program Support Grant | $2,500 |
| Community Care | Program Support Grant | $2,500 |
| Downeast Institute for Applied Marine Research | Program Support Grant | $2,500 |
| Friends of the Veterans' Memorial Library | Program Support Grant | $2,500 |
| Galen Cole Family Foundation Inc | Program Support Grant | $2,500 |
| Healthy Acadia | Program Support Grant | $2,500 |
| Literacy Volunteers of Bangor | Program Support Grant | $2,500 |
| Lubec Community Outreach Center Inc | Program Support Grant | $2,500 |
| Mount Desert Nursing Association | Program Support Grant | $2,500 |
| ProsperityME | Program Support Grant | $2,500 |
| The Northern Lighthouse Inc | Program Support Grant | $2,500 |
Officers and trustees
- Telford Allen III
- LuAnn Ballesteros
- Chris Fitzpatrick
- Robert W Foster
- Brent K Hartley
- Zachary Means
- Donald E Reynolds
- Oliver Smith
- Lawrence L Barker
- Matthew J Walsh
- Nathan J Martell
Questions people ask
Does Machias Savings Bank Community Development Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: The Foundation grants are awarded twice each year.
How much does Machias Savings Bank Community Development Foundation give?
$205,000 in tax year 2025, across 27 grants, with a typical grant of $5,000.
Who runs Machias Savings Bank Community Development Foundation?
Its 2025 filing lists Telford Allen III (Director), LuAnn Ballesteros (Director), Chris Fitzpatrick (Director) and Robert W Foster (Director) among 11 officers and trustees.
What does Machias Savings Bank Community Development Foundation fund?
Based on its grants, mainly community development, housing and homelessness and health.