Nonprofit · EIN 26-1765514
ALFOND SCHOLARSHIP FOUNDATION
Tax-exempt · PORTLAND, ME 04101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,603,728 | $7,468,297 | $135,431 | $1,802,228 | $1,535,309 | $266,919 |
| June 30, 2024 | 990 | $7,161,628 | $7,298,094 | -$136,466 | $1,677,903 | $1,546,415 | $131,488 |
| June 30, 2023 | 990 | $7,242,635 | $7,378,689 | -$136,054 | $1,758,855 | $1,490,901 | $267,954 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,603,728
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,757,738
- Compensation of officers, directors and key employees
- $184,500
- Other salaries and wages
- $143,700
- Salaries, compensation and benefits (total)
- $383,619
- Professional fundraising fees
- $0
- Legal fees
- $15,482
- Accounting fees
- $15,497
- Travel
- $11,981
- Depreciation
- $480
- Program services (functional)
- $7,026,296
- Management and general (functional)
- $442,001
Balance sheet and other
- Total assets, start of year
- $1,677,903
- Total assets, end of year
- $1,802,228
- Total liabilities, end of year
- $1,535,309
- Net assets, end of year
- $266,919
- Land, buildings and equipment
- $1,090
- Net assets without donor restrictions
- $132,466
- Net assets with donor restrictions
- $134,453
- Gross receipts
- $7,603,728
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Colleen Quint | President/CEO Officer | 40 | $184,500 | $19,087 |
| Steve DeCastro | Director Trustee or director | 1 | $0 | $0 |
| Steve Akin | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Scott B Bullock | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Christina Cuthbert | Director Trustee or director | 1 | $0 | $0 |
| Anne Swift-Kayatta | Director Trustee or director | 1 | $0 | $0 |
| Pender Makin | Director Trustee or director | 1 | $0 | $0 |
| Amanda Vamvakias Rand | Director Trustee or director | 1 | $0 | $0 |
| J Duke Albanese | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Jennifer Alfond Seeman | Director Trustee or director | 1 | $0 | $0 |
| Dannel Malloy | Director Trustee or director | 1 | $0 | $0 |
| Kim Lipp | Director Trustee or director | 1 | $0 | $0 |
| Dave Daigler | Director Trustee or director | 1 | $0 | $0 |
| Carlos Mello | Director Trustee or director | 1 | $0 | $0 |
| Deborah Ellwood | Director Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Guy Langevin | Director Trustee or director | 1 | $0 |
| Lindsay Gifford Skilling | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Colleen Quint | President/CEO Officer | 40 | $166,000 | $17,426 |
| Steve DeCastro | Director Trustee or director | 1 | $0 | $0 |
| Steve Akin | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Scott B Bullock | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Christina Cuthbert | Director Trustee or director | 1 | $0 | $0 |
| Anne Swift-Kayatta | Director Trustee or director | 1 | $0 | $0 |
| Pender Makin | Director Trustee or director | 1 | $0 | $0 |
| Amanda Vamvakias Rand | Director Trustee or director | 1 | $0 | $0 |
| J Duke Albanese | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Jennifer Alfond Seeman | Director Trustee or director | 1 | $0 | $0 |
| Dannel Malloy | Director Trustee or director | 1 | $0 | $0 |
| Kim Lipp | Director Trustee or director | 1 | $0 | $0 |
| Dave Daigler | Director Trustee or director | 1 | $0 | $0 |
| Carlos Mello | Director Trustee or director | 1 | $0 | $0 |
| Deborah Ellwood | Director Trustee or director | 1 | $0 | $0 |
| Guy Langevin | Director Trustee or director | 1 | $0 | $0 |
| Lindsay Gifford Skilling | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Colleen Quint | President/CEO Officer | 40 | $150,782 | $17,364 |
| Steve DeCastro | Director Trustee or director | 1 | $0 | $0 |
| Steve Akin | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Scott B Bullock | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Christina Cuthbert | Director Trustee or director | 1 | $0 | $0 |
| Anne Swift-Kayatta | Director Trustee or director | 1 | $0 | $0 |
| Pender Makin | Director Trustee or director | 1 | $0 | $0 |
| Amanda Vamvakias Rand | Director Trustee or director | 1 | $0 | $0 |
| J Duke Albanese | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Jennifer Alfond Seeman | Director Trustee or director | 1 | $0 | $0 |
| Dannel Malloy | Director Trustee or director | 1 | $0 | $0 |
| Kim Lipp | Director Trustee or director | 1 | $0 | $0 |
| Dave Daigler | Director Trustee or director | 1 | $0 | $0 |
| Carlos Mello | Director Trustee or director | 1 | $0 | $0 |
| Deborah Ellwood | Director Trustee or director | 1 | $0 | $0 |
| Guy Langevin | Director Trustee or director | 1 | $0 | $0 |
| Lindsay Gifford Skilling | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 482 CONGRESS ST STE 303, PORTLAND, ME 04101-3437
- In care of
- % HENRY BOURGEOIS
- Principal officer (990 for 2024)
- Colleen Quint, 482 Congress Street Suite 303, Portland, ME 04101
- Signed the 990
- Colleen Quint, President/CEO
- Phone
- (207) 347-8638
- Website
- www.myalfondgrant.org
- Return prepared by
- Purdy Powers & Company
Mission
The ASF mission is to provide incentive scholarship grants to Maine children for their higher education and to support Maine's children's aspirations and access to, and preparation for, higher education.
Program accomplishments
- The ASF is responsible for oversight, promotion, and financial support of the Harold Alfond College Challenge program (also known as the My Alfond Grant Program).Expenses $7,026,296 · grants $5,757,738
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1765514
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,802,228
- Income (IRS master file)
- $7,603,728
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,603,728 | $7,468,297 | $1,802,228 | IRS |
| 990 | June 2024 | $7,161,628 | $7,298,094 | $1,677,903 | XML |
| 990 | June 2023 | $7,242,635 | $7,378,689 | $1,758,855 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1765514).
Questions about ALFOND SCHOLARSHIP FOUNDATION
- What is the EIN of ALFOND SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of ALFOND SCHOLARSHIP FOUNDATION is 26-1765514.
- Is ALFOND SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to ALFOND SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does ALFOND SCHOLARSHIP FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALFOND SCHOLARSHIP FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALFOND SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ALFOND SCHOLARSHIP FOUNDATION?
- The 990 for the year ended June 30, 2025 names Colleen Quint.
- Who are the officers and directors of ALFOND SCHOLARSHIP FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $184,500 (Colleen Quint, President/CEO).
- How much revenue does ALFOND SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,603,728, expenses of $7,468,297 and total assets of $1,802,228 at year end.
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