//
Also known as: CHARITABLE FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Josephine M & Rita C Mastracci Charitable Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2011. The principal officer is Loring Wolcott & Coolidge Trust L. It holds total assets of $585K. Annual income is reported at $127K. Total assets have grown from N/A in 2011 to $584K 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 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Josephine M & Rita C Mastracci Charitable Foundation has made 8 grants totaling $90K, with a median grant of $8K. Individual grants have ranged from $5K to $20K, with an average award of $11K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Massachusetts and Kentucky and Kansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$15K
Average Grant
$13K
Largest Grant
$15K
Based on 5 grants from the most recent 990-PF filing.
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.
Josephine M & Rita C Mastracci Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, KY, KS.
Josephine M & Rita C Mastracci Charitable Foundation has distributed a total of $90K across 8 grants. The median grant size is $8K, with an average of $11K. Individual grants have ranged from $5K to $20K.
Josephine M & Rita C Mastracci Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Josephine M & Rita C Mastracci Charitable Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amory Loring Logan | TRUSTEE | $3K | $0 | $3K |
| Frederick D Ballou | TRUSTEE | $3K | $0 | $3K |
| Nushin Kormi | TRUSTEE | $3K | $0 | $3K |
Total Giving
$98K
Total Assets
$584K
Fair Market Value
$1.8M
Net Worth
$584K
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$52K
Distribution Amount
$82K
Total: $529K
Total Grants
8
Total Giving
$90K
Average Grant
$11K
Median Grant
$8K
Unique Recipients
8
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Perkins School For The BlindTO IMPROVE THE LIVES OF PEOPLE WITH BLINDNESS AND DEFBLINDNESS ALL AROUND THE WORLD | Watertown, MA | $20K | 2022 |
| Massachusetts General HospitalTO PURSUE THE MOST PROMISING AND INNOVATIVE RESEARCH AND CLINICAL OPPORTUNITIES | Boston, MA | $20K | 2022 |
| Greater Boston Food BankTO PROVIDE FOOD TO THOSE IN NEED CREATED BY THE COVID-19 PANDEMIC | Boston, MA | $20K | 2022 |
| Disabled American Veterans Charitable Service TrustTO EMPOWER VETERANS TO LEAD HIGH-QUALITY LIVES WITH RESPECT AND DIGNITY | Erlanger, KY | $10K | 2022 |
| The Salvation ArmyTO HELP FAMILIES AND INDIVIDUALS MEET ESSENTIAL DAILY NEEDS AND WORK TOWARDS A BRIGHTER FUTURE | Salem, MA | $5K | 2022 |
| Spaulding Rehabilitation NetworkFOR THE DR. ROSS D ZAFONTE PRESIDENT'S FUND | Charlestown, MA | $5K | 2022 |
| Wounded Warrior ProjectTO PROVIDE PROGRAMS, SERVICES AND EVENTS FOR WOUNDED VETERANS OF THE US MILITARY | Topeka, KS | $5K | 2022 |
| Uss Constitution MuseumTO SPARK EXCITEMENT ABOUT MARITIME HERITAGE, NAVAL SERVICE AND THE AMERICAN EXPERIENCE. | Boston, MA | $5K | 2022 |