Alden N Young Trust

Foundation · Grantmaker BOSTON, MA EIN: 02-6117755

Alden N Young Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 5 grants totaling $139K. Net investment income was $132K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-4.8% YoY

Annual Giving

$139K

-28.2% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$28K

-42.5% YoY

Under IRS private-foundation payout rules, Alden N Young Trust reported a distributable amount of $171K for 2024 — the minimum it must pay out in qualifying distributions.

About Alden N Young Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Hampshire $376K (96%)

Massachusetts $10K (3%)

Vermont $5K (1%)

States

Massachusetts New Hampshire Vermont

Cities

MiddleburySanbornvilleTiltonUnionWolfeboroWorcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,790,732	$1,880,146	$1,808,261
Revenue	$135,547	$113,706	$105,665
Expenses	$159,956	$211,760	$33,051
Qualifying Distributions	$142,275	$196,057	$17,380
Net Investment Income	$132,234	$99,797	$92,518
Distributable Amount	$170,937	$164,556	$158,903

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wakefield Brookfield Historical Society ($115,000), Gaffney Library ($10,000), Middlebury College ($5,000).

Recipient	Purpose	Amount
BREWSTER ACADEMY WOLFEBORO, NH	GENERAL PURPOSE	$4,000
MIDDLEBURY COLLEGE MIDDLEBURY, VT	GENERAL PURPOSE	$5,000
WAKEFIELD BROOKFIELD HISTORICAL SOCIETY SANBORNVILLE, NH	GENERAL PURPOSE	$115,000
GAFFNEY LIBRARY SANBORNVILLE, NH	GENERAL PURPOSE	$10,000
ACTON WAKEFIELD WATERSHED ALLIANCE UNION, NH	GENERAL PURPOSE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REV DR NANCY S SMITH	TRUSTEE	3	—
MICHAEL J PUZO	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alden N Young Trust?

Alden N Young Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $1.8M in total assets as of 2024.

How large is Alden N Young Trust?

As of 2024, Alden N Young Trust holds $1.8M in total assets with $136K in annual revenue. It awarded 5 grants totaling $139K in 2024.

Where does Alden N Young Trust operate?

Alden N Young Trust has awarded grants in Massachusetts, New Hampshire, Vermont.

What size grants does Alden N Young Trust award?

In 2024, Alden N Young Trust awarded 5 grants totaling $139K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Alden N Young Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alden N Young Trust reported a distributable amount of $171K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.