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Grimes-King Foundation For The Elderly Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 1972. The principal officer is Fiduciary Trust Company. It holds total assets of $2M. Annual income is reported at $707K. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2023. According to available records, Grimes-King Foundation For The Elderly Inc. has made 3 grants totaling $403K, with a median grant of $133K. The foundation has distributed between $118K and $152K annually from 2020 to 2023. Individual grants have ranged from $118K to $152K, with an average award of $134K. Grant recipients are concentrated in 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.
Grimes-King Foundation For The Elderly Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MA.
Grimes-King Foundation For The Elderly Inc. has distributed a total of $403K across 3 grants. The median grant size is $133K, with an average of $134K. Individual grants have ranged from $118K to $152K.
Elderly black community of boston.
Grimes-King Foundation For The Elderly Inc. is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| See Attached Statement | SEE ATTACHED STATEMENT | $0 | $0 | N/A |
Total Giving
$188K
Total Assets
$2.1M
Fair Market Value
$2.6M
Net Worth
$2.1M
Grants Paid
$152K
Contributions
$31K
Net Investment Income
$97K
Distribution Amount
$122K
Total: $1.3M
Total Grants
3
Total Giving
$403K
Average Grant
$134K
Median Grant
$133K
Unique Recipients
1
Most Common Grant
$118K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Multiple CharitableGENERAL PURPOSES | Boston, MA | $152K | 2023 |