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The Nbt Charitable Trust is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 1992. The principal officer is State Street B K & Trust Co Ttees. It holds total assets of $2.8M. Annual income is reported at $576K. Total assets have grown from $2.1M in 2011 to $2.7M in 2023. 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. According to available records, The Nbt Charitable Trust has made 17 grants totaling $598K, with a median grant of $30K. Annual giving has grown from $115K in 2022 to $483K in 2023. Individual grants have ranged from $3K to $100K, with an average award of $35K. The foundation has supported 15 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.
The Nbt Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MA.
The Nbt Charitable Trust has distributed a total of $598K across 17 grants. The median grant size is $30K, with an average of $35K. Individual grants have ranged from $3K to $100K.
The Nbt Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Nbt Charitable Trust is headquartered in BOSTON, MA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard K Nichols | TRUSTEE (SEE FOOTNOTE) | $24K | $0 | $24K |
| Joseph A Wheelock Iii | TRUSTEE (SEE FOOTNOTE) | $0 | $0 | N/A |
| Andronica T Wheelock | TRUSTEE (SEE FOOTNOTE) | $0 | $0 | N/A |
Total Giving
$511K
Total Assets
$2.7M
Fair Market Value
$5.1M
Net Worth
$2.7M
Grants Paid
$483K
Contributions
N/A
Net Investment Income
$630K
Distribution Amount
$239K
Total: $2.7M
Total Grants
17
Total Giving
$598K
Average Grant
$35K
Median Grant
$30K
Unique Recipients
15
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Discovery MuseumCHILDREN'S PROGRAMS | Acton, MA | $100K | 2023 |
| Cure Alzheimer'S FundCURE ALZHEIMER'S FUND | Wellesley, MA | $100K | 2023 |
| Philanthropy Massachusetts IncSUMMER PROGRAM | Boston, MA | $50K | 2023 |
| Courageous Sailing Center For Youth IncSTEPS TO LEAD PROGRAM | Boston, MA | $50K | 2023 |
| Codman Community Farms IncEDUCATION DEPT AND 50TH | Lincoln, MA | $35K | 2023 |
| Boston Arts AcademySUPPORT FOR ART AND | Boston, MA | $35K | 2023 |
| Boston Private Industry Council IncSUMMER LEARNING PROJECT | Boston, MA | $30K | 2023 |
| West End House Girls CampGIRLS CAMP | Allston, MA | $23K | 2023 |
| Boston ExplorersSUMMER PROGRAM | Boston, MA | $20K | 2023 |
| Groton Hill Music CenterSUPPORT FOR MUSIC | Groton, MA | $15K | 2023 |
| WritebostonSUMMER JOURNALISM INSTITUTE | Boston, MA | $15K | 2023 |
| Town Of Lincoln Council On AgingEMERGENCY ASSISTANCE FUND | Lincoln, MA | $3K | 2023 |
| Domestic Violence Services Network IncDOMESTIC VIOLENCE SERVICES | Concord, MA | $3K | 2023 |
| Town Of Lincoln Parks And Recreation DepPARKS AND RECREATION | Lincoln, MA | $3K | 2023 |
| Tenacity IncSUPPORT COLLEGE | Boston, MA | $40K | 2022 |