Skip to main content

Nonprofit · EIN 23-7425774

GALEN COLE FAMILY FOUNDATION INC

Tax-exempt · BANGOR, ME 04401

Financials

$1.4M$1.3M2023$6.1M$1.5M2024$4.4M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of GALEN COLE FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$4,356,750$1,800,787$2,555,963$52,573,000$6,465$52,566,535
December 31, 2024990-PF$6,060,229$1,520,438$4,539,791$34,703,669$6,666$34,697,003
December 31, 2023990-PF$1,371,665$1,303,460$68,205$30,157,745$533$30,157,212
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$779,736
Dividends
$468,362
Interest
$125,174
Net rental income
$29,820
Net gain from sales of assets
$2,844,545
Other income
$106,881

Expenses

Grants and similar amounts paid
$102,179
Compensation of officers, directors and key employees
$368,332
Salaries, compensation and benefits (total)
$208,440
Disbursements for charitable purposes
$1,430,325
Excise tax on investment income
$46,047

Balance sheet and other

Total assets, start of year
$34,703,669
Total assets, end of year
$52,573,000
Total liabilities, end of year
$6,465
Net assets, end of year
$52,566,535
Fair market value of assets
$52,573,000
Qualifying distributions
$1,528,529
Net investment income
$3,467,901

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Scott Oxley
359 Perry Road, Bangor, ME 04401
President40$258,785$12,192
Jennifer Munson
359 Perry Road, Bangor, ME 04401
Museum Director
Highest-paid employee
40$86,423$10,931
Morgan Knox
359 Perry Road, Bangor, ME 04401
Executive Assistant
Highest-paid employee
40$63,921$11,365
Patricia Trice
359 Perry Road, Bangor, ME 04401
Operations Assistant
Highest-paid employee
40$63,921$11,029
Michael Varney
359 Perry Road, Bangor, ME 04401
Trustee1$0$0
Kristin Vogell
359 Perry Road, Bangor, ME 04401
Chair1$0$0
John R Thomas
359 Perry Road, Bangor, ME 04401
Vice Chair1$0$0
Eric Vogell
359 Perry Road, Bangor, ME 04401
Treasurer1$0$0
George Eaton
359 Perry Road, Bangor, ME 04401
Secretary1$0$0
990-PF for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
SCOTT OXLEY
359 PERRY ROAD, BANGOR, ME 04401
PRESIDENT40$299,520$10,430
JENNIFER MUNSON
359 PERRY ROAD, BANGOR, ME 04401
MUSEUM DIREC40$68,504$8,715
ERIC VOGELL
12 FENGLER ROAD, SCARBOROUGH, ME 04074
TREASURER1$0$0
KRISTIN VOGELL
12 FENGLER ROAD, SCARBOROUGH, ME 04074
CHAIR1$0$0
JOHN R THOMAS
334 MAPLE STREET, BANGOR, ME 04401
VICE CHAIR1$0$0
MICHAEL VARNEY
8 PAYEUR CIRCLE, FALMOUTH, ME 04105
TRUSTEE1$0$0
GEORGE EATON
50 HEMLOCK POINT ROAD, ORONO, ME 04473
TRUSTEE1$0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
SCOTT OXLEY
RR 13 BOX 1808, HOLDEN, ME 04429
PRESIDENT40$177,231$226
JENNIFER MUNSON
359 PERRY ROAD, BANGOR, ME 04401
MUSEUM DIREC40$58,869$11,920
JOHN R THOMAS
334 MAPLE STREET, BANGOR, ME 04401
INTERIM ED40$35,120$2,245
ERIC VOGELL
12 FENGLER ROAD, SCARBOROUGH, ME 04074
TREASURER1$0$0
KRISTIN VOGELL
12 FENGLER ROAD, SCARBOROUGH, ME 04074
CHAIR1$0$0
MICHAEL VARNEY
383 US RTE 1, STE1E BOX 5, SCARBOROUGH, ME 04074
TRUSTEE1$0$0
GEORGE EATON
50 HEMLOCK POINT ROAD, ORONO, ME 04473
TRUSTEE1$0$0

Address and contacts

Address (IRS master file)
359 PERRY RD, BANGOR, ME 04401-6723
Signed the 990-PF
Scott Oxley, President
Phone
(207) 262-9910
Return prepared by
Baker Newman & Noyes

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-7425774
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1975
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$52,573,000
Income (IRS master file)
$20,403,742

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$4,356,750$1,800,787$52,573,000XML
990-PFDecember 2024$6,060,229$1,520,438$34,703,669XML
990-PFDecember 2023$1,371,665$1,303,460$30,157,745XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 23-7425774).

Questions about GALEN COLE FAMILY FOUNDATION INC

What is the EIN of GALEN COLE FAMILY FOUNDATION INC?
The employer identification number (EIN) of GALEN COLE FAMILY FOUNDATION INC is 23-7425774.
Is GALEN COLE FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to GALEN COLE FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does GALEN COLE FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GALEN COLE FAMILY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GALEN COLE FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of GALEN COLE FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 9 people; 4 received compensation from the organization, the highest $258,785 (Scott Oxley, President).
How much revenue does GALEN COLE FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,356,750, expenses of $1,800,787 and total assets of $52,573,000 at year end.

Other nonprofits in BANGOR

All nonprofits in BANGOR · Maine