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Margaret Early Charitable Trust is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2011. The principal officer is Bank Of America. It holds total assets of $2.6M. Annual income is reported at $2.1M. Total assets have grown from $1.7M in 2011 to $2.4M in 2023. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, Margaret Early Charitable Trust has made 8 grants totaling $400K, with a median grant of $50K. The foundation has distributed between $100K and $200K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $200K distributed across 4 grants. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and 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.
Margaret Early Charitable Trust 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 NY, MA.
Margaret Early Charitable Trust has distributed a total of $400K across 8 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $50K to $50K.
Margaret Early Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Margaret Early Charitable Trust is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $32K | $0 | $32K |
Total Giving
$136K
Total Assets
$2.4M
Fair Market Value
$2.6M
Net Worth
$2.4M
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$145K
Distribution Amount
$121K
Total: $2.1M
Total Grants
8
Total Giving
$400K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
2
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trustees Of Boston UniversityGENERAL OPERATING | Boston, MA | $50K | 2023 |
| Syracuse UniversityGENERAL OPERATING | Syracus, NY | $50K | 2023 |