GREAT BAY FOUNDATION FOR SOCIAL ENTREPRENEURSHIP

Financial Information

Total Assets: $11,038,700

Total Giving: $855,734

Area of Service:

Maine
Massachusetts
New Hampshire
Rhode Island
Vermont

Areas of Interest:

Not Available

Programs

None

Grants

The following grants were reported in 2007:
$150,000 to Amos House, Providence, RI For working capital for More Than a Meal Project, payable over 1 year.
$147,080 to Crossroads Rhode Island, Providence, RI For purchase of copy machine and expansion of copy business, payable over 1 year.
$123,500 to Maine Highlands Guild, Dover Foxcroft, ME For central Maine retail outlet to support struggling Maine artisans and to provide sustainable revenue stream for new Maine Crafts Association. The Center for Maine Craft will create a market in underserved Central and Northern Maine to draw out-of-state tourists and Mainers annually to learn about and purchase Maine-made products, payable over 1 year.
$119,066 to Families in Transition, Manchester, NH For the start-up of Family Outfitters Thrift Store II, payable over 1 year.
$54,000 to Building Materials Resource Center, Roxbury, MA For marketing and advertising expenses, payable over 1 year.
$53,252 to Rippleffect, Portland, ME For working capital for Retreats Project, payable over 1 year.
$41,667 to Platform Shoes Forum, Rockland, ME For further establish and expand programs and the number of participants, payable over 1 year.
$30,214 to Safe Passage, Yarmouth, ME For Safe Passage with additional enhancements for hotel and events planning component of the hospitality and hotel training program at Luna Maya hotel that provides training and marketable experience for at-risk youth from Guatemala City Garbage Dump in food service, tourism, and hospitality, payable over 1 year.
$27,500 to Central Aroostook ARC, Presque Isle, ME For working capital for Shreddit Project to train and employ people with disabilities, payable over 1 year.
$26,000 to New Hampshire Aquaculture Association, Hillsborough, NH For equipment and operations for Pond Rehabilitation Program, payable over 1

Limitations

Giving primarily in MA, ME, NH, RI, and VT.
No support for political or religious organizations, or for research projects (unless they lead toward self-sufficiency), public schools, colleges or universities, state agencies, or direct social service programs.
No grants to individuals, or for travel or study, capital campaigns, or bricks and mortar.

Summary

Giving to increase individuals’ self-reliance by encouraging principle-based social entrepreneurs. Great Bay makes grants to nonprofit organizations lead by individuals who have an entrepreneurial attitude, drive and vision, and who work toward social change in the areas of economic development, education and health care.

Additional

Type of Grantmaker: Independent foundation
Established in 1998.

Quick Facts Sheet
URL:

http://www.greatbayfoundation.org/

Located in:

Yarmouth,

Maine
Massachusetts
New Hampshire
Rhode Island
Vermont

United States

Contact Information / Process

Phone: (207) 846-1131

Email: [email protected]

Address:
253 Main St.
Yarmouth, ME 04096-6800

Procedure:
Application guidelines available on foundation web site. Application form required. Applicants should submit the following:
1. Explanation of why grantmaker is considered an appropriate donor for project
2. Detailed description of project and amount of funding requested
Initial approach: Letter (2 pages maximum, preferably by e-mail)
Deadline(s): Jan. 15, Apr. 15, July 15, and Oct. 15

Donors & Leadership

Donors:
James R. Singer
White Mountains Foundation

Officer:
Peter W. Greenleaf, President

Trustee:
Marilyn T. Bronzi

Director:
Charles E. Vadakin

EIN:

10519446