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Summer Isle Foundation is a private trust based in WOBURN, MA. The foundation received its IRS ruling in 2017. The principal officer is % Ann Marie Viglione. It holds total assets of $37M. Annual income is reported at $20.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Summer Isle Foundation has made 6 grants totaling $1.6M, with a median grant of $300K. Annual giving has decreased from $1.1M in 2022 to $600K in 2023. Individual grants have ranged from $25K to $500K, with an average award of $275K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Summer Isle Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MA.
Summer Isle Foundation has distributed a total of $1.6M across 6 grants. The median grant size is $300K, with an average of $275K. Individual grants have ranged from $25K to $500K.
The application deadline is NO SPECIFIC RESTRICTIONS. NO LIMITATIONS.
Summer Isle Foundation is headquartered in WOBURN, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deborah A Barnes | TRUSTEE | $0 | $0 | $0 |
| Steven W Barnes | TRUSTEE | $0 | $0 | $0 |
Total Giving
$730K
Total Assets
$17.2M
Fair Market Value
$19.6M
Net Worth
$17.2M
Grants Paid
$600K
Contributions
$6.8M
Net Investment Income
$5M
Distribution Amount
$652K
Total: $7.3M
Total Grants
6
Total Giving
$1.6M
Average Grant
$275K
Median Grant
$300K
Unique Recipients
2
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lawrence AcademyTO PROMOTE ITS CHARITABLE PURPOSE | Groton, MA | $500K | 2023 |
| Boston Children'S HospitalTO PROMOTE ITS CHARITABLE PURPOSE | Boston, MA | $100K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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