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Margaret E Burnham Charitable Trust is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 1995. The principal officer is Hm Payson & Co Ttee. It holds total assets of $7.4M. Annual income is reported at $2.4M. Total assets have grown from $5.5M in 2011 to $7.1M 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 2020 to 2023. According to available records, Margaret E Burnham Charitable Trust has made 3 grants totaling $1.7M, with a median grant of $580K. Annual giving has grown from $485K in 2020 to $596K in 2023. Individual grants have ranged from $485K to $596K, with an average award of $554K. Grant recipients are concentrated in 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.
Margaret E Burnham Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in ME.
Margaret E Burnham Charitable Trust has distributed a total of $1.7M across 3 grants. The median grant size is $580K, with an average of $554K. Individual grants have ranged from $485K to $596K.
The application deadline is OCTOBER 1. Awards are only made to organizations that are exempt under section 501(c)(3) and not to private foundations under section 509, nor to governmental entities or religious organizations.
Margaret E Burnham Charitable Trust is headquartered in PORTLAND, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hm Payson Co | TRUSTEE | $56K | $0 | $56K |
| Thomas Pierce | TRUSTEE | $0 | $0 | N/A |
Total Giving
$671K
Total Assets
$7.1M
Fair Market Value
$12.8M
Net Worth
$7.1M
Grants Paid
$596K
Contributions
N/A
Net Investment Income
$407K
Distribution Amount
$590K
Total Grants
3
Total Giving
$1.7M
Average Grant
$554K
Median Grant
$580K
Unique Recipients
1
Most Common Grant
$580K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedGENERAL USE | Portland, ME | $596K | 2023 |