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Open Charitable Trust is a private trust based in WELLESLEY, MA. The foundation received its IRS ruling in 2013. The principal officer is Robert F Bodio Jr. It holds total assets of $519K. Annual income is reported at $42K. Total assets have grown from $300K in 2012 to $570K in 2023. The foundation is governed by 2 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. The foundation primarily funds organizations in Massachusetts and Washington. According to available records, Open Charitable Trust has made 12 grants totaling $86K, with a median grant of $3K. Individual grants have ranged from $420 to $52K, with an average award of $7K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Massachusetts, Texas, California, which account for 42% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 45 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.
Open Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MA, TX, CA.
Open Charitable Trust has distributed a total of $86K across 12 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $420 to $52K.
Open Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Open Charitable Trust is headquartered in WELLESLEY, MA. While based in MA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judy A Batson | TRUSTEE | $0 | $0 | N/A |
| James A Batson Jr | TRUSTEE | $0 | $0 | N/A |
Total Giving
$38K
Total Assets
$570K
Fair Market Value
$669K
Net Worth
$570K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$32K
Total Grants
12
Total Giving
$86K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Turning PointGENERAL | San Diego, CA | $3K | 2022 |
| Cape Cod ChurchGENERAL | East Falmouth, MA | $52K | 2022 |
| The Rising ChurchGENERAL | Arvada, CO | $8K | 2022 |
| Open Collective FoundationGENERAL | Walnut, CA | $5K | 2022 |
| Premier InsightGENERAL | Plano, TX | $5K | 2022 |
| New Hope EurasiaGENERAL | Sugar Land, TX | $5K | 2022 |
| The Voice Of The MartyrsGENERAL | Bartlesville, OK | $2K | 2022 |
| Eternal Perspective MinistriesGENERAL | Sandy, OR | $2K | 2022 |
| Acts MinistryGENERAL | North Grosvenor Dale, CT | $2K | 2022 |
| The Biologos Foundation IncGENERAL | Grand Rapids, MI | $1K | 2022 |
| Sat-7 North AmericaGENERAL | Easton, MD | $1K | 2022 |
| World Vision IncGENERAL | Federal Way, WA | $420 | 2022 |