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Newport Charity Trust is a private trust based in CONCORD, NH. The foundation received its IRS ruling in 2013. The principal officer is % Mclane Law Firm. It holds total assets of $1.6M. Annual income is reported at $439K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Newport Charity Trust has made 5 grants totaling $311K, with a median grant of $25K. Annual giving has grown from $13K in 2020 to $25K in 2022. Grantmaking activity was highest in 2021 with $273K distributed across 3 grants. Individual grants have ranged from $5K to $146K, with an average award of $62K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Hampshire. Contributions to this foundation are tax-deductible.
Newport Charity Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NH.
Newport Charity Trust has distributed a total of $311K across 5 grants. The median grant size is $25K, with an average of $62K. Individual grants have ranged from $5K to $146K.
Newport Charity Trust typically selects its grantees rather than accepting unsolicited proposals.
Newport Charity Trust is headquartered in CONCORD, NH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Susan Leahy | TRUSTEE | $0 | $0 | $0 |
Total Giving
$150K
Total Assets
$1.6M
Fair Market Value
$2.7M
Net Worth
$1.6M
Grants Paid
$124K
Contributions
$0
Net Investment Income
$125K
Distribution Amount
$120K
Total: $448K
Total Grants
5
Total Giving
$311K
Average Grant
$62K
Median Grant
$25K
Unique Recipients
4
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATIONS | Concord, NH | $5K | 2021 |
| Newport Community TrustNEWPORT COMMUNITY CENTER PROJECT | Newport, NH | $25K | 2022 |
| Episcopal Church Of The EpiphanyGENERAL OPERATIONS | Newport, NH | $122K | 2021 |
| Town Of NewportNEWPORT COMMUNITY TRUST | Newport, NH | $13K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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