//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Paine Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1972. The principal officer is Trust Tax Dept. It holds total assets of $5.4M. Annual income is reported at $1.1M. 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, Paine Charitable Trust has made 25 grants totaling $1.4M, with a median grant of $3K. Annual giving has decreased from $273K in 2020 to $210K in 2023. Grantmaking activity was highest in 2022 with $632K distributed across 10 grants. Individual grants have ranged from $500 to $156K, with an average award of $56K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$63K
Largest Grant
$156K
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.
Paine Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MA.
Paine Charitable Trust has distributed a total of $1.4M across 25 grants. The median grant size is $3K, with an average of $56K. Individual grants have ranged from $500 to $156K.
Paine Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Paine Charitable Trust is headquartered in DALLAS, TX.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$272K
Total Assets
$5.2M
Fair Market Value
$6.1M
Net Worth
$5.2M
Grants Paid
$210K
Contributions
N/A
Net Investment Income
$128K
Distribution Amount
$280K
Total: $5.1M
Total Grants
25
Total Giving
$1.4M
Average Grant
$56K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Antiquarian SocietyUNRESTRICTED GENERAL | Worcester, MA | $103K | 2023 |
| Worcester Art MuseumUNRESTRICTED GENERAL | Worcester, MA | $103K | 2023 |
| Worcester Natural History SocUNRESTRICTED GENERAL | Worcester, MA | $3K | 2023 |
| First Unitarian ChurchUNRESTRICTED GENERAL | Worcester, MA | $500 | 2023 |
| Worcester Historical MuseumUNRESTRICTED GENERAL | Worcester, MA | $500 | 2023 |