Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Paine Charity Fund is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 1964. The principal officer is Roger Hunt Trustee. It holds total assets of $151K. Annual income is reported at $259K. The foundation is governed by 3 officers and trustees. 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 Charity Fund has made 94 grants totaling $225K, with a median grant of $500. Annual giving has grown from $25K in 2020 to $175K in 2023. Individual grants have ranged from $250 to $150K, with an average award of $2K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Vermont, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$500
Average Grant
$792
Largest Grant
$3K
Based on 32 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 Charity Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 94 grants. Its grantmaking reaches organizations primarily in MA, NY, VT.
Paine Charity Fund has distributed a total of $225K across 94 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from $250 to $150K.
Paine Charity Fund typically selects its grantees rather than accepting unsolicited proposals.
Paine Charity Fund is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan W Paine | TRUSTEE | $0 | $0 | N/A |
| Lisa N Mingolla | TRUSTEE | $0 | $0 | N/A |
| Deborah L Allinson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$190K
Total Assets
$249K
Fair Market Value
$372K
Net Worth
$249K
Grants Paid
$175K
Contributions
N/A
Net Investment Income
$109K
Distribution Amount
$23K
Total: $238K
Total Grants
94
Total Giving
$225K
Average Grant
$2K
Median Grant
$500
Unique Recipients
41
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boston Symphony OrchestraGENERAL CHARITABLE PURPOSES | Boston, MA | $150K | 2023 |
| Cambridge Community FoundationGENERAL CHARITABLE PURPOSES | Cambridge, MA | $3K | 2023 |
| Vermont Center For EcostudiesGENERAL CHARITABLE PURPOSES | Norwich, VT | $3K | 2023 |
| Boston BalletGENERAL CHARITABLE PURPOSES | Boston, MA | $3K | 2023 |
| Great Dixter Charitable TrustGENERAL CHARITABLE PURPOSES | Suite, NY | $2K | 2023 |
| ManometGENERAL CHARITABLE PURPOSES | Manomet, MA | $1K | 2023 |
| American Academy Of Arts And SciencesGENERAL CHARITABLE PURPOSES | Cambridge, MA | $1K | 2023 |
| Boston Children'S ChorusGENERAL CHARITABLE PURPOSES | Boston, MA | $1K | 2023 |
| Mass MocaGENERAL CHARITABLE PURPOSES | North Adams, MA | $1K | 2023 |
| The Boston FoundationGENERAL CHARITABLE PURPOSES | Boston, MA | $1K | 2023 |
| EnrootGENERAL CHARITABLE PURPOSES | Cambridge, MA | $1K | 2023 |
| Unicef UsaGENERAL CHARITABLE PURPOSES | New York, NY | $500 | 2023 |
| Rosie'S PlaceGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Soft Power HealthGENERAL CHARITABLE PURPOSES | Purchase, NY | $500 | 2023 |
| The Women'S Lunch PlaceGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Cambridge Public Library FoundationGENERAL CHARITABLE PURPOSES | Cambridge, MA | $500 | 2023 |
| 152 Commonwealth FoundationGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Brattle Film FoundationGENERAL CHARITABLE PURPOSES | Cambridge, MA | $500 | 2023 |
| Massart FoundationGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Pine Street InnGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Vna Care Network & HospiceGENERAL CHARITABLE PURPOSES | Danvers, MA | $500 | 2023 |
| 909 WburGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| BeheardworldGENERAL CHARITABLE PURPOSES | Cambridge, MA | $500 | 2023 |
| Project StepGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| FamilyaidGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Trustees Of Tufts CollegeGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Massachusetts Historical SocietyGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2023 |
| Cotting SchoolGENERAL CHARITABLE PURPOSES | Lexington, MA | $500 | 2023 |
| Armstrong Heritage MuseumGENERAL CHARITABLE PURPOSES | Armstrong, IA | $300 | 2023 |
| Society Of Saint JohnGENERAL CHARITABLE PURPOSES | Cambridge, MA | $300 | 2023 |
| History CambridgeGENERAL CHARITABLE PURPOSES | Cambridge, MA | $250 | 2023 |
| Family To Family ProjectGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2022 |
| School Of The Museum Of Fine ArtsGENERAL CHARITABLE PURPOSES | Medford, MA | $500 | 2022 |