//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $9.6M in 2019 to $37M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. 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.
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.
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 | N/A |
| Steven W Barnes | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$37M
Fair Market Value
N/A
Net Worth
$37M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |