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Also known as: C/O SAMET & COMPANY
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Black Mountain Foundation is a private trust based in CHESTNUT HILL, MA. The foundation received its IRS ruling in 1997. The principal officer is Samet & Company. It holds total assets of $765K. Annual income is reported at $76K. Total assets have decreased from $1.1M in 2011 to $731K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Black Mountain Foundation has made 11 grants totaling $263K, with a median grant of $10K. Annual giving has grown from $100K in 2020 to $163K in 2022. Individual grants have ranged from $2K to $100K, with an average award of $24K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Massachusetts and Vermont and Maine. 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.
Black Mountain Foundation 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 MA, VT, ME.
Black Mountain Foundation has distributed a total of $263K across 11 grants. The median grant size is $10K, with an average of $24K. Individual grants have ranged from $2K to $100K.
Black Mountain Foundation typically selects its grantees rather than accepting unsolicited proposals.
Black Mountain Foundation is headquartered in CHESTNUT HILL, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joan I Thorndike | TRUSTEE | $0 | $0 | N/A |
| William N Thorndike Jr | TRUSTEE | $0 | $0 | N/A |
| Alexander L Thorndike | TRUSTEE | $0 | $0 | N/A |
Total Giving
$106K
Total Assets
$731K
Fair Market Value
$1.6M
Net Worth
$731K
Grants Paid
$100K
Contributions
$3K
Net Investment Income
$75K
Distribution Amount
$74K
Total Grants
11
Total Giving
$263K
Average Grant
$24K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Youth Services IncUNRESTRICTED | Brattleboro, VT | $5K | 2022 |
| Groton SchoolUNRESTRICTED | Groton, MA | $50K | 2022 |
| Brattleboro Museum & Arts CenterUNRESTRICTED | Brattleboro, VT | $15K | 2022 |
| Jesup Memorial LibraryUNRESTRICTED | Bar Harbor, ME | $10K | 2022 |
| Green Mountain Camp For GirlsUNRESTRICTED | Dummerston, VT | $2K | 2022 |
| Cotting SchoolUNRESTRICTED | Lexington, MA | $100K | 2020 |