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    MELMAC EDUCATION FOUNDATION

    Supporting OrganizationIRS data 2022–2024
    AUGUSTA, MEEIN 010390854 Website

    Annual Giving

    $1.4M-14% YoY

    Grants

    180

    Median Grant

    $2K

    Organizations Funded

    16

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    Foundation Overview

    Mission

    The MELMAC Education Foundation's mission is to prepare Maine's youth to be ready for and successful in college and career. The MELMAC Education Foundation serves as a strategic thought partner that funds and collaboratively supports best practices in post-secondary pathways, with funding from MELMAC helping school partners expose students to education and employment opportunities to build the skills necessary to pursue post-secondary education, attain credentials-of value, and find success after high school.

    Focus Areas

    postsecondary successcollege accesscollege readiness (PSAT)career and technical education (CTE)scholarships for studentscollege success programshigh school programscareer readiness and workforce development

    Grant Types

    scholarshipsprogram/project grantsplanning grantscontinued/operating support

    Funded Initiatives

    Boosting Readiness for Career and College Initiative (grants for middle, high school, and CTE students); Promoting Post-Secondary Success Initiative (grants for post-secondary degree programs); Aligning Education and Employment Systems Initiative (bringing education and employer partners together); Aspire Scholarships ($2,000 per Maine high school); CTE Scholarships ($2,000 per career and technical education center).

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-14%

    $1.4M

    Grants

    180

    Median

    $2K

    States

    2

    2023-25%

    $1.7M

    Grants

    197

    Median

    $2K

    States

    4

    2022

    $2.2M

    Grants

    270

    Median

    $2K

    States

    3

    Grant Size Distribution

    $2K

    Typical Grant (Median)

    $2K

    Smallest

    $2K

    25th Pctile

    $2K

    75th Pctile

    $220K

    Largest

    Excludes grants ≤ $5K. Half fall between $2K and $2K.

    Largest Recent Grants

    $220K

    2024

    GEN US

    ME · ASPIRE GRANT

    $190K

    2024

    GEN US

    ME · ASPIRE GRANT

    $150K

    2024

    JOBS FOR MAINE'S GRADUATES

    ME · COLLEGE SUCCESS PROGRAM

    $77K

    2024

    GEN US

    ME · ASPIRE GRANT

    $58K

    2024

    JOBS FOR MAINE'S GRADUATES

    ME · JMG/MELMAC PARTNERSHIP

    Geographic Focus

    ME
    $1.4M179 grants
    NY
    $57K1 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $38.7M
    $1.4M(3.7%)
    2023
    $45.0M
    $1.7M(3.7%)
    2022
    $41.2M
    $2.2M(5.4%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

    Questions?