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Pmg Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2021. The principal officer is Loring Wolcott And Coolidge LLC. It holds total assets of $522K. Annual income is reported at $431K. Total assets have grown from $464 in 2020 to $497K in 2023. The foundation is governed by 3 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 2020 to 2023. The foundation primarily funds organizations in California, Michigan and Louisiana. According to available records, Pmg Foundation has made 14 grants totaling $940K, with a median grant of $50K. Annual giving has decreased from $270K in 2021 to $170K in 2023. Grantmaking activity was highest in 2022 with $500K distributed across 6 grants. Individual grants have ranged from $20K to $100K, with an average award of $67K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Massachusetts, California, Maine, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$50K
Average Grant
$47K
Largest Grant
$80K
Based on 6 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.
Pmg Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MA, CA, ME.
Pmg Foundation has distributed a total of $940K across 14 grants. The median grant size is $50K, with an average of $67K. Individual grants have ranged from $20K to $100K.
Pmg Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pmg Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wendy S Holding | CO-TRUSTEE | $2K | $0 | $2K |
| Amy L Domini | CO-TRUSTEE | $2K | $0 | $2K |
| Paul Miller Gamble | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$177K
Total Assets
$497K
Fair Market Value
$601K
Net Worth
$497K
Grants Paid
$170K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$29K
Total: $488K
Total Grants
14
Total Giving
$940K
Average Grant
$67K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Corporate AccountabilityGENERAL PURPOSE | Boston, MA | $100K | 2023 |
| Project FreewillGENERAL PURPOSE | North Anson, ME | $50K | 2023 |
| Resource GenerationGENERAL PURPOSE | New York, NY | $20K | 2023 |
| Where Do We Go BerkeleyGENERAL PURPOSES | Oakland, CA | $100K | 2022 |
| All Souls Episcopal ParishGENERAL PURPOSE | Berkeley, CA | $50K | 2021 |
| Grassroots InternationalGENERAL PURPOSE | Jamaica Plain, MA | $50K | 2021 |