Private foundation · EIN 22-2624600 · Augusta, Maine

Kennebec Savings Bank Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 120 grants paid, $866K total, median $3,025. 100% of grants stayed in Maine. Stated restrictions: Applicants must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code. Awards are generally granted to organizations providing services within the market area of Kennebec Savings Bank.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
120
$866K
Median grant
$3,025
Stays in ME
100%
of grants
Deadline
See below
Applications are accepted on a rolling b
Assets
$19M

How to apply

The Foundation accepts applications and may make some donations without a formal request. Applications must include the organization's name, address, purpose of the request, amount requested, and other relevant details. For the Catalyst Grant program, a formal application is required. Contact: Kennebec Savings Bank Foundation, 150 State Street Po Box 50, Augusta, Me, 2076225801 Deadlines: Applications are accepted on a rolling basis. For the Catalyst Grant program, June 1 to August 31. Restrictions: Applicants must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code. Awards are generally granted to organizations providing services within the market area of Kennebec Savings Bank. The Foundation does not provide support for political purposes.

Quoted from Part XV of the foundation's 2025 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2025

Top 60 of 120 grants by amount · from Form 990-PF Part XV

RecipientPurposeAmount
Augusta Colonial TheaterAugusta, MEOperational Support$50K
United Way of Kennebec ValleyAugusta, MEAnnual Support$47K
Kennebec Land TrustWinthrop, MEHoward Hill Campaign$45K
Alfond Youth & Community CenterWaterville, MEProject & Annual Support$35K
Friends of Quarry RoadWaterville, MECapital Improvements$25K
Gardiner Library AssociationGardiner, MECapital Improvements$25K
Johnson Hall Performing Arts CenterGardiner, MECampaign Donation$25K
Portland Parks ConservatoryPortland, MEPool Project$25K
Town of ReadfieldReadfield, MEFairgrounds Community Park Capital Campaign$25K
Victoria MansionPortland, MECampaign Donation$25K
Cyc Lake AssociationManchester, MEAnnual Support$23K
Mitchell InstitutePortland, MEOperational & Event Support$17K
Annabessacook Lake Improvement AssociationWinthrop, MEHerbicide Treatment Support$17K
Ember's Paws of HopeSteep Falls, MEOperational Support$15K
Kvcap - South End Teen CenterWaterville, MEOperational Support$15K
Watershed FriendsEast Winthrop, MEAnnual Support$15K
YMCA Camp of MaineWinthrop, MEOperational Support$15K
Foundation for Portland Public SchoolsPortland, MEOperational & Event Support$13K
Johnson Hall Performing Arts CenterGardiner, MEAnnual Support$13K
Friends of Lake Winnecook (unity Pond Algae Mitigation)Unity, MEMatching Grant Donation$11K
Alfond Youth & Community CenterWaterville, MESummer Camp Scholarships$10K
Augusta Food BankAugusta, MEAnnual Donation$10K
Boys and Girls Clubs of Kennebec ValleyGardiner, MEAnnual Support$10K
Capital Area Recreation AssociationAugusta, MEAnnual Support$10K
First Amendment MuseumAugusta, MEAnnual Support$10K
Freeport Wood BankFreeport, MECampaign Donation$10K
Greater Portland Business Education CollaborativePortland, MECampaign Donation$10K
Maine Arts AcademyAugusta, MEOperational Support$10K
Maine Center for Public Interest ReportingHallowell, MEProgram & Annual Support$10K
Maine GolfFreeport, MECampaign Donation$10K
Tedford HousingBrunswick, MEWarming Center Support$10K
Augusta Colonial TheaterAugusta, MEAnnual Support$8,500
Maine Children's HomeWaterville, MEProgram Support$8,500
Theater at MonmouthMonmouth, MEEvent Support$8,500
30 Mile River WatershedMount Vernon, MEAnnual Support & Construction Contribution$8,000
Junior Achievement of MainePortland, MEEvent Support$7,500
Growsmart MaineAugusta, MEEvent Support$7,000
Kennebec Valley YMCAAugusta, MEScholarship Donation$7,000
Kennebec Land TrustWinthrop, MEAnnual Support$6,500
Freeport Community ServicesFreeport, MEAnnual Support$6,200
Youth in ActionPortland, MEEvent Support$6,000
Hallowell FoodbankHallowell, MEAnnual Support$5,500
Yarmouth Little LeagueYarmouth, MEAnnual Support$5,500
Augusta Downtown AllianceAugusta, MEAnnual Support$5,000
Boys and Girls Club Augusta Teen CenterAugusta, MEOperational Support$5,000
China Lake AssociationChina, MEMitigation Project Matching Grant$5,000
Finding Our VoicesCamden, MEAnnual Support$5,000
Hearts FoundationPortland, MEAnnual Support$5,000
Honor Flight MaineBrunswick, MEUnrestricted Support$5,000
Preble StreetPortland, MEAnnual Support$5,000
Shine on CassOakland, MEAnnual Support$5,000
Town of OaklandOakland, MEEvent Support$5,000
United Way of Southern MainePortland, MEHeating Assistance Fund$5,000
Watershed FriendsEast Winthrop, MEBoat Purchase Support$5,000
Waterville Area Soup KitchenWaterville, MEOperational Support$5,000
Women in NeedPortland, MEEvent Support$5,000
YMCA Camp of MaineWinthrop, MECampaign Donation$5,000
Bridging the GapAugusta, MEAnnual Support$4,500
Maine GearshareBrunswick, MEEvent Support$3,500
Mount Merici AcademyWaterville, MEIXL Software Purchase$3,050

About this foundation

Kennebec Savings Bank Foundation is a private grantmaking foundation in Augusta, Maine, administered in care of Andrew Silsby, tax-exempt since 1985. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Kennebec Savings Bank Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Kennebec Savings Bank Foundation give each year?

In tax year 2025 it paid $866K across 120 grants, a median of $3,025.

Where does Kennebec Savings Bank Foundation give?

Maine (120 grants), per its latest filing.

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