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Trustey Family Foundation Trust is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2023. The principal officer is Robert G Bannish. It holds total assets of $8M. Annual income is reported at $2.2M. Total assets have grown from $7M in 2022 to $10.7M 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 2021 to 2023. According to available records, Trustey Family Foundation Trust has made 4 grants totaling $4.4M, with a median grant of $178K. Individual grants have ranged from $25K to $4M, with an average award of $1.1M. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and Oregon. 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.
Trustey Family Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA, NY, OR.
Trustey Family Foundation Trust has distributed a total of $4.4M across 4 grants. The median grant size is $178K, with an average of $1.1M. Individual grants have ranged from $25K to $4M.
Trustey Family Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Trustey Family Foundation Trust is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kristine M Trustey | DIRECTOR | $0 | $0 | N/A |
| Sean D Mcgraw | DIRECTOR | $0 | $0 | N/A |
| Robert G Bannish | DIRECTOR | $0 | $0 | N/A |
Total Giving
$4.4M
Total Assets
$10.7M
Fair Market Value
$10.6M
Net Worth
$10.7M
Grants Paid
$4.4M
Contributions
$8M
Net Investment Income
$180K
Distribution Amount
$374K
Total: $7.4M
Total Grants
4
Total Giving
$4.4M
Average Grant
$1.1M
Median Grant
$178K
Unique Recipients
4
Most Common Grant
$4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mclean HospitalTHE WAY FORWARD: THE CAMPAIGN FOR MCLEAN | Belmont, MA | $4M | 2023 |
| The Irish American PartnershipCONTRIBUTION OF 306,389 | Boston, MA | $306K | 2023 |
| The American Ireland FundGENERAL | New York, NY | $50K | 2023 |
| Peace In SchoolsGENERAL | Portland, OR | $25K | 2023 |