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Alden N Young Trust Fund is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 1999. The principal officer is Spencer & Stone. It holds total assets of $1.8M. Annual income is reported at $136K. Total assets have grown from $1.2M in 2011 to $1.9M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. According to available records, Alden N Young Trust Fund has made 11 grants totaling $73K, with a median grant of $3K. Annual giving has decreased from $43K in 2021 to $30K in 2022. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New Hampshire and Massachusetts. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alden N Young Trust Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NH, MA.
Alden N Young Trust Fund has distributed a total of $73K across 11 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Distributees living in wakefield nh or vicinity.
Alden N Young Trust Fund is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Puzo | TRUSTEE | $0 | $0 | N/A |
| Rev Dr Nancy S Smith | TRUSTEE | $0 | $0 | N/A |
Total Giving
$212K
Total Assets
$1.9M
Fair Market Value
$3.4M
Net Worth
$1.9M
Grants Paid
$194K
Contributions
N/A
Net Investment Income
$100K
Distribution Amount
$165K
Total: $1.5M
Total Grants
11
Total Giving
$73K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| EversourceWELFARE ASSISTANCE | Tilton, NH | $2K | 2022 |
| Gafney LibraryGENERAL PURPOSE | Sanbornville, NH | $10K | 2022 |
| Brewster AcademyGENERAL PURPOSE | Wolfeboro, NH | $3K | 2022 |
| The Episcopal Church Of St John The BaptistGENERAL PURPOSE | Sanbornville, NH | $20K | 2021 |
| University Of Massachusetts Medical SchoolGENERAL PURPOSE | Worcester, MA | $10K | 2021 |
| Wakefield-Brookfield Historical SocietyGENERAL PURPOSE | Sanbornville, NH | $1K | 2021 |