//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Worcester Academy is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1973. The principal officer is 1st National Bank Of Boston. It holds total assets of $509K. Annual income is reported at $114K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Worcester Academy has made 4 grants totaling $99K, with a median grant of $23K. Annual giving has decreased from $33K in 2021 to $25K in 2024. Grantmaking activity was highest in 2023 with $41K distributed across 2 grants. Individual grants have ranged from $20K to $33K, with an average award of $25K. 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.
Worcester Academy is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA.
Worcester Academy has distributed a total of $99K across 4 grants. The median grant size is $23K, with an average of $25K. Individual grants have ranged from $20K to $33K.
Worcester Academy typically selects its grantees rather than accepting unsolicited proposals.
Worcester Academy is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $8K | $0 | $8K |
Total Giving
$34K
Total Assets
$503K
Fair Market Value
$605K
Net Worth
$503K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$28K
Total Grants
4
Total Giving
$99K
Average Grant
$25K
Median Grant
$23K
Unique Recipients
1
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Worcester AcademyUNRESTRICTED GENERAL | Worcester, MA | $25K | 2024 |