ACA Scholarship Trust

ASSONET, MA EIN: 02-6019759

ACA Scholarship Trust is a private foundation focused on N/A, based in ASSONET, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $613K in total assets. In 2024, it awarded 23 grants totaling $37K. Net investment income was $50K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$613K

+0.4% YoY

Annual Giving

$37K

-1.3% YoY

Grant Count

23

-4.2% YoY

Avg Grant Size

$2K

+3.0% YoY

Under IRS private-foundation payout rules, ACA Scholarship Trust reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About ACA Scholarship Trust

Based on IRS filings

ACA Scholarship Trust is a private foundation focused on N/A, based in ASSONET, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $613K in total assets. In 2024, it awarded 23 grants totaling $37K. Net investment income was $50K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

AssonetFall River

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$31K$47K$62K20202021202220232024
Metric202420232022
Total Assets$613,146$610,661$626,033
Revenue$50,479$17,614$40,797
Expenses$42,595$43,222$41,397
Qualifying Distributions$37,000$37,000$36,000
Net Investment Income$49,627$14,296$31,215
Distributable Amount$30,245$29,026$30,649

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$29K$39K23 grants202026 grants202124 grants202224 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NICHOLAS POITRAS$3KHAILEY BLANCHETTE$2KHANNAH BLANCHETTE$2KTYLER VIOLET$2KKYLEE BARNES$2KOLIVIA BELFONTI$2KDEVIN BOUGIE$2KLAURENCE CASTONGUAY$2KJORDAN CLAVETTE$2KISABELLA CLOUTIER$2K

Grant Size Distribution

120 grants across all recorded years

120<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nicholas Poitras ($2,500), Hailey Blanchette ($2,000), Hannah Blanchette ($2,000).

RecipientPurposeAmount
KYLEE BARNES Assonet, MAScholarship Grant$1,500
OLIVIA BELFONTI Assonet, MAScholarship Grant$1,500
HAILEY BLANCHETTE Assonet, MAScholarship Grant$2,000
HANNAH BLANCHETTE Assonet, MAScholarship Grant$2,000
DEVIN BOUGIE Assonet, MAScholarship Grant$1,500
LAURENCE CASTONGUAY Assonet, MAScholarship Grant$1,500
JORDAN CLAVETTE Assonet, MAScholarship Grant$1,500
ISABELLA CLOUTIER Assonet, MAScholarship Grant$1,500
TYLER CLOUTIER Assonet, MAScholarship Grant$1,500
JULIETTE CORRIVEAU Assonet, MAScholarship Grant$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NORMAND MORNEAULTPresident1
PAULINE L LALLYTreasurer2
GARY BERGERONSecretary1
PAUL LAFLAMMETrustee1
CONNIE COUTURETrustee1
JOHN TOUSIGNANTTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is ACA Scholarship Trust?

ACA Scholarship Trust is a private foundation focused on N/A, based in ASSONET, MA. It holds $613K in total assets as of 2024.

How large is ACA Scholarship Trust?

As of 2024, ACA Scholarship Trust holds $613K in total assets with $50K in annual revenue. It awarded 23 grants totaling $37K in 2024.

Where does ACA Scholarship Trust operate?

ACA Scholarship Trust has awarded grants in Massachusetts.

What size grants does ACA Scholarship Trust award?

In 2024, ACA Scholarship Trust awarded 23 grants totaling $37K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is ACA Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, ACA Scholarship Trust reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is ACA Scholarship Trust's EIN?

ACA Scholarship Trust's EIN (Employer Identification Number) is 02-6019759. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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