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The Sandy River Charitable Foundation

Profile

Last Updated: 2016-07-29

At A Glance

The Sandy River Charitable Foundation

349 Voter Hill Rd.

Farmington, ME United States 04938-6030

Telephone: (207) 779-1682

URL: www.srcfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2015-05-31)

Assets: $38,269,764

Total giving: $1,751,680

EIN

522029911

BRIDGE Number

5961794872

Background

Established in 1997 in ME

Purpose and Activities

Giving primarily to disaster rehabilitation and hunger relief services; funding also for a community foundation in Ellsworth, Maine, and a mountain alliance in Farmington, Maine. Funding is also made for international and rural development, micro financing, and adoption services.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Accion International

This program provides technical support for microfinance institutions in Latin America. The foundation is also interested in Accion's Latin America Bridge Fund providing financial leverage to help MF institutions gain access to market based capital. Holt International Children's Service/Holt Romania - helped establish local family service agency to deal with orphan and family at risk problems.

Program-Related Investment

The foundation has made PRIs in the form of loans to a non-profit organization dedicated to creating financing solutions for small- and midsized farms, limited-resource farms, and those using ecologically sound practices; a project which contributes to the expansion of micro finance throughout the world; and to an organization for economic development in Somerset County, ME. Historically, the foundation has made a PRI in the form of a loan to an organization that supports investors who wish to invest with their values and to get a financial return, while contributing to the economic, social and environmental well being of low income people and communities in Maine.

Fields of Interest

Subjects
  • Adoption
  • Agriculture
  • Disaster relief
  • Environment
  • Family services
  • Food aid
  • Foundations
  • International development
  • Rural development
  • Sustainable development
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Victims of disaster
Organizations
  • Community foundations

Financial Data

Year ended 2015-05-31

Assets: $38,269,764 (market value)

Expenditures: $2,048,089

Total giving: $1,751,680

Qualifying distributions: $1,871,313