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Technical Training Foundation is a private trust based in BEVERLY, MA. The foundation received its IRS ruling in 1989. It holds total assets of $59.7M. Annual income is reported at $21.7M. The foundation is governed by 2 officers and trustees. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including California, Massachusetts, New York. According to available records, Technical Training Foundation has made 60 grants totaling $13.5M, with a median grant of $200K. Annual giving has grown from $4.3M in 2021 to $9.2M in 2022. Individual grants have ranged from $2K to $1M, with an average award of $225K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in California, Massachusetts, New Hampshire, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$149K
Average Grant
$255K
Largest Grant
$750K
Based on 18 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.
Technical Training Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 60 grants. Its grantmaking reaches organizations primarily in CA, MA, NH.
Technical Training Foundation has distributed a total of $13.5M across 60 grants. The median grant size is $200K, with an average of $225K. Individual grants have ranged from $2K to $1M.
Scientific and technical training education.
Technical Training Foundation is headquartered in BEVERLY, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wensley Hefni | TRUSTEE | $0 | $0 | N/A |
| Suzanne Wright | TRUSTEE | $0 | $0 | N/A |
Total Giving
$5.1M
Total Assets
$56.4M
Fair Market Value
$101.9M
Net Worth
$56.4M
Grants Paid
$4.4M
Contributions
N/A
Net Investment Income
$5.8M
Distribution Amount
$4.5M
Total: $51.2M
Total Grants
60
Total Giving
$13.5M
Average Grant
$225K
Median Grant
$200K
Unique Recipients
9
Most Common Grant
$500K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| LandmarkGRANTS | Prides Crossing, MA | $500K | 2022 |
| Sola I Can FoundationGRANTS | Los Angeles, CA | $500K | 2022 |
| Windham Woods SchoolGRANTS | Windham, NH | $500K | 2022 |
| California Science Center FoundationGRANTS | Los Angeles, CA | $333K | 2022 |
| Notre Dame High SchoolGRANTS | Lawrence, MA | $213K | 2022 |
| Empowers AfricaGRANTS | New York, NY | $200K | 2022 |
| Cal PolyGRANTS | San Luis Obispo, CA | $128K | 2022 |
| El-Hefni Educational FoundationGRANTS | Beverly, MA | $13K | 2022 |