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    HAROLD ALFOND FOUNDATION

    Supporting OrganizationIRS data 2022–2024
    PORTLAND, MEEIN 223281672 Website

    Annual Giving

    $102.7M+34% YoY

    Grants

    45

    Median Grant

    $250K

    Organizations Funded

    41

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    Foundation Overview

    Mission

    The Harold Alfond Foundation honors the values of Harold Alfond through transformative investments for the benefit of Maine in education, health care, and youth development.

    Focus Areas

    higher educationscholarshipsathletics facilities and programsworkforce development and job trainingstem education and computer sciencehealthcare facility expansioncancer research and genomicsyouth development and camps

    Grant Types

    capital campaigns and facilitiesscholarship payments and endowmentsoperating supportprogram scaling and initiative fundingfeasibility studiesunrestricted/general operatingseason/event sponsorships

    Funded Initiatives

    MyAlfondGrant Program ($75M+ to 150,000+ Maine children), Maine Community College System ($15.5M for Harold Alfond Center), Colby College (athletic/recreation center), Waterville Creates ($6M for Paul J. Schupf Art Center), over $1.2B in grants since 2007

    How to Apply

    Applications not being accepted due to significant commitments to large-scale Maine projects. Check back mid-2025. When open: must meet guidelines for eligibility, matching challenge grants for projects with demonstrable need, entrepreneurial approach, teamwork, measurable outcomes, financial viability, quality management

    Does Not Fund

    Geographic restriction to Maine only, focus limited to education/health care/youth development, applications currently suspended

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

    Giving History

    2024+34%

    $102.7M

    Grants

    45

    Median

    $250K

    States

    4

    2023+3%

    $76.7M

    Grants

    50

    Median

    $107K

    States

    5

    2022

    $74.3M

    Grants

    59

    Median

    $250K

    States

    5

    Grant Size Distribution

    $250K

    Typical Grant (Median)

    $150

    Smallest

    $15K

    25th Pctile

    $2.0M

    75th Pctile

    $28.0M

    Largest

    Excludes grants ≤ $5K. Half fall between $15K and $2.0M.

    Largest Recent Grants

    $28.0M

    2024

    UNIVERSITY OF MAINE FOUNDATION

    ME · UNIVERSITY OF MAINE ATHLETICS MASTER FACILITIES PLAN

    $14.5M

    2024

    MAINEGENERAL HEALTH

    ME · HAROLD ALFOND CENTER FOR CANCER CARE EXPANSION

    $12.0M

    2024

    NORTHEASTERN UNIVERSITY

    MA · THE HAROLD ALFOND SCHOLARS INITIATIVE AT THE ROUX INSTITUTE

    $7.0M

    2024

    UNIVERSITY OF MAINE SYSTEM

    ME · REVITALIZE GRADUATE & PROFESSIONAL CENTER & ENGINEERING, COMPUTING, & INFO SCIENCE

    $5.6M

    2024

    ALFOND SCHOLARSHIP FOUNDATION

    ME · MY ALFOND GRANT SCHOLARSHIPS 2024

    Geographic Focus

    ME
    $89.1M38 grants
    MA
    $13.5M5 grants
    FL
    $65K1 grants
    NY
    $40K1 grants

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

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $1.0B
    $102.7M(9.8%)
    2023
    $1.0B
    $76.7M(7.7%)
    2022
    $992.0M
    $74.3M(7.5%)

    Grants paid shown as percentage of total assets

    Network Intelligence

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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.

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