2023

Donut chart titled "Marginal Way Preservation Fund Allocation of Funds - 2023," showing funds generated, operating expenses, and allocation percentages. Mission Related accounts for 69.4% or $573,429, while Operating Expenses make up 30.6% or $252,523. Total funds generated are $825,952, excluding unrealized endowment losses.

For the year ended December 31, 2023, the Marginal Way Preservation Fund allocated $825,952, or 100% of funds generated for the year.  Funds allocated to mission-related activities were $573,429 (69.4%), which consisted of both support for the Town of Ogunquit in funding Marginal Way initiatives, as well as allocation to the Fund’s endowment and reserves.  Fundraising and other fund administration expenses totaled $252,523 (30.6%).  These expenses included direct fundraising related expenses, such as plaque, event, and appeal expenses, as well as fund administration costs such as payroll, advertising, outside services and other miscellaneous administrative costs. 

"Our goal is to keep our operational expense ratio at best practice levels. In 2023, we achieved a 30% ratio. Best practice levels range from 20-30%.“ John Phinney, President and Chair of the MWPF.

2022

Graph showing the Marginal Way Preservation Fund's 2022 fund allocation. A donut chart displays 73.6% for mission-related expenses ($518,380) and 26.4% for operating expenses ($185,909). Total funds generated are $704,289, excluding unrealized endowment losses.

For the year ended December 31, 2022, the Marginal Way Preservation Fund allocated $704,289, or 100% of funds generated for the year.  Funds allocated to mission-related activities were $518,380 (73.6%), which consisted of both support for the Town of Ogunquit in funding Marginal Way initiatives, as well as allocation to the Fund’s endowment and reserves.  Fundraising and other fund administration expenses totaled $185,909 (26.4%).  These expenses included direct fundraising related expenses, such as plaque, event and appeal expenses, as well as fund administration costs such as payroll, outside services and other miscellaneous administrative costs.

"Our goal is to keep our operational expense ratio at best practice levels. In 2022, we achieved a 26% ratio. Best practice levels range from 20-30%.“ John Phinney, President and Chair of the MWPF.

2021

Pie chart of Marginal Way Preservation Fund Allocation of Funds for 2021, showing total funds of $1,070,005, with $894,298 for mission-related expenses and $175,707 for fundraising and administration, resulting in an operating expense ratio of 16.4%."}

For the year ended December 31, 2021, the Marginal Way Preservation Fund allocated $1,070,005, or 100% of funds generated for the year.  Funds allocated to mission-related activities were $894,298 (83.6%), which consisted of both support for the Town of Ogunquit in funding Marginal Way initiatives, as well as allocation to the Fund’s endowment and reserves.  Fundraising and other fund administration expenses totaled $175,707 (16.4%).  These expenses included direct fundraising related expenses, such as plaque, event and appeal expenses, as well as fund administration costs such as payroll, outside services and other miscellaneous administrative costs.