Doing the Good Work: President and CEO Meredith Jones gives a quick introduction to the Maine Community Foundation. Video courtesy of MPBN, edited by Benjamin Speed of Summerfly Productions
The Maine Community Foundation is a statewide nonprofit created by and for the people of Maine. The foundation is a philanthropic leader in building sustainable and vibrant communities for all Maine people.
Individuals, families, businesses, and organizations create charitable funds that help Maine meet the challenges of changing times. Today, the community foundation's assets of more than $250 million are held in stewardship for more than 1,300 different funds. Since opening its doors in 1983, the foundation has awarded nearly $150 million in grants and scholarships.
Maine Community Foundation grants cover the full range of nonprofit undertakings, with a special focus in the areas of education, community economic development, the environment, and civic engagement.
The community foundation depends on volunteers to help review grants and build philanthropic resources. In 1986 the community foundation established the first three county funds to support grantmaking in more rural regions of the state. These county funds, now numbering 12, are a highly effective way to build community capital.
We are the community foundation of Maine. We look forward to working with you.
Resources for Donors
The Maine Community Foundation is one of the leading charitable resources for donors seeking to provide long-term support to strengthen Maine communities.
Known for its innovative grant program, financial strength, and prudent investment strategies, the Maine Community Foundation is a public charity incorporated in Maine and governed by a statewide volunteer Board of Directors.
A professional staff works in three program areas: grantmaking and program initiatives; resource development and philanthropic services; and finance and investments.
The community foundation offers a variety of fund options to meet the diverse goals of individuals, families, businesses, and nonprofit organizations.
As a nonprofit public foundation the Maine Community Foundation offers donors flexibility in fulfilling their charitable goals, and provides permanent, professional management and investment of charitable funds without the expense or effort of establishing and administering a private foundation or estate trust.
Sarbanes-Oxley
At its annual meeting held at Colby College in June 2004, the Maine Community Foundation's Board of Directors voluntarily adopted compliance policies that conform to the requirements of the Sarbanes-Oxley Act of 2002.
While most of that law applies to public companies, the community foundation's board of directors believes it is important to conform, of its own volition, to the relevant provisions of the law in order to enhance the community foundation's governance policies, thereby assuring continued public confidence in our financial integrity and operations.
We also hope that this action will provide a good model for other nonprofit organizations.
View the Maine Community Foundation's Sarbanes-Oxley guidelines.