It’s Friday night in the middle of winter in a yard in the town of Almost, Maine. Pete (Lawrence Nathanson) and Ginette (Wendy Rich Stetson) find themselves together admiring the Northern Lights during the prologue of the romantic comedy Almost, Maine at Portland Stage Company... more
Photo credit: Darren Setlow.
When your nonprofit endowment is at the Maine Community Foundation, you start something wonderful. Your endowment:
- Joins an investment pool of more than $200 million, with excellent returns
- Joins nearly a thousand donors and nonprofits who have entrusted their endowments to the foundation over the past 24 years
- Provides another option for donors who wish to support your organization forever
- Is associated with a nationally regarded foundation whose only “business” is philanthropy.
Nonprofit organizations are critical providers of social and educational programs for Maine. The state benefits from having organizations working on a broad range of issues, from improved health care and affordable housing to education, environmental protection and artistic expression. The Maine Community Foundation is proud to be a resource—for ideas, grant support and bringing people together—for organizations whose collective mission is to make a difference in the lives of people of all ages and of all backgrounds.
One important benefit of working with MaineCF is its professional investment management services. Normally, nonprofit endowments are not able to retain the level of investment expertise and oversight available through MaineCF, which pools its various funds to achieve a large portfolio.
Experience has shown that the permanency of MaineCF’s mission reassures many prospective donors who value the stewardship that the foundation provides against a change in the status or fortunes of a nonprofit or agency in the future.
To learn more about nonprofit endowments at the Maine Community Foundation or to arrange a meeting, call toll-free 877-700-6800. You can also e-mail Jim Geary, Vice President for Finance.