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Holt & Bugbee Foundation Inc. is a private corporation based in TEWKSBURY, MA. The foundation received its IRS ruling in 2005. The principal officer is Phillip T Pierce. It holds total assets of $278K. Annual income is reported at $218K. 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 2020 to 2023. According to available records, Holt & Bugbee Foundation Inc. has made 15 grants totaling $103K, with a median grant of $5K. Annual giving has grown from $13K in 2021 to $53K in 2023. Individual grants have ranged from $3K to $15K, with an average award of $7K. The foundation has supported 14 unique organizations. 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.
Holt & Bugbee Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MA.
Holt & Bugbee Foundation Inc. has distributed a total of $103K across 15 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $15K.
Holt & Bugbee Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Holt & Bugbee Foundation Inc. is headquartered in TEWKSBURY, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Phillip T Pierce | PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
| Rebecca Pierce | CLERK AND DIRECTOR | $0 | $0 | N/A |
| Roger C Pierce Jr | TREASURER AND DIRECTOR | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$301K
Fair Market Value
$401K
Net Worth
$301K
Grants Paid
$53K
Contributions
$32K
Net Investment Income
$19K
Distribution Amount
$533
Total: $267K
Total Grants
15
Total Giving
$103K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tewksbury Memorial High ChoolSCHOLARSHIPS | Tewksbury, MA | $15K | 2023 |
| North Bennet Street SchoolOPERATING SUPPORT | Boston, MA | $10K | 2023 |
| Utec IncOPERATING SUPPORT | Lowell, MA | $10K | 2023 |
| Challenge Unlimited At Ironstone FarmOPERATING SUPPORT | Andover, MA | $10K | 2023 |
| Bread And Roses Heritage Committee IncOPERATING SUPPORT | Lawrence, MA | $5K | 2023 |
| Partners In Child DevelopmentOPERATING SUPPORT | Andover, MA | $3K | 2023 |
| Student Scholarships Co Tewksbury MSCHOLARSHIPS | Tewksbury, MA | $10K | 2022 |
| Bread And RosesOPERATING SUPPORT | Lawrence, MA | $5K | 2022 |
| La ColaborativeOPERATING SUPPORT | Chelsea, MA | $5K | 2022 |
| Merrimack Valley Food BankOPERATING SUPPORT | Lowell, MA | $5K | 2022 |
| Tewksbury Community PantryOPERATING SUPPORT | Tewksbury, MA | $5K | 2022 |
| Tewksbury Memorial High School Robotics ClubOPERATING SUPPORT | Tewksbury, MA | $5K | 2022 |
| The Professional Center For Child DevelopmentOPERATING SUPPORT | Andover, MA | $3K | 2022 |
| Professional Center For Handicapped Children IncOPERATING SUPPORT | Andover, MA | $3K | 2021 |