Almond M Paine Trust

Foundation · Grantmaker DALLAS, TX EIN: 05-6006029

Almond M Paine Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 11 grants totaling $23K. Net investment income was $51K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$556K

+4.8% YoY

Annual Giving

$23K

-8.0% YoY

Grant Count

+1000.0% YoY

Avg Grant Size

$2K

-91.6% YoY

Under IRS private-foundation payout rules, Almond M Paine Trust reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About Almond M Paine Trust

Based on IRS filings

Your AI grants department

Ready to take the next step with Almond M Paine Trust?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $87K (81%)

Connecticut $17K (15%)

Massachusetts $3K (2%)

Hawaii $2K (2%)

States

Connecticut Hawaii Massachusetts Rhode Island

Cities

DanielsonHonoluluKingstonNew BritainNew HavenNorwichSee Attached ScheduleStorrsWenhamWest HartfordWillimantic

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$556,243	$530,836	$547,572
Revenue	$56,675	$17,649	$-11,105
Expenses	$34,480	$34,162	$34,122
Qualifying Distributions	$28,823	$29,244	$26,385
Net Investment Income	$50,683	$11,073	$6,048
Distributable Amount	$35,218	$28,804	$29,205

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Connecticut State Community College ($7,000), Gordon College ($2,500), University of Connecticut ($2,000).

Recipient	Purpose	Amount
GORDON COLLEGE WENHAM, MA	UNRESTRICTED GENERAL	$2,500
UNIVERSITY OF SAINT JOSEPH WEST HARTFORD, CT	UNRESTRICTED GENERAL	$500
UNIVERSITY OF CONNECTICUT STORRS, CT	SCHOLARSHIPS	$2,000
CENTRAL CT STATE UNIVERSITY NEW BRITAIN, CT	SCHOLARSHIPS	$2,000
QUINEBAUG VALLEY COMMUNITY COLLEGE DANIELSON, CT	SCHOLARSHIPS	$500
THREE RIVERS COMMUNITY COLLEGE NORWICH, CT	SCHOLARSHIPS	$2,000
CONNECTICUT STATE COMMUNITY COLLEGE NEW BRITAIN, CT	SCHOLARSHIPS	$7,000
UNIVERSITY OF RHODE ISLAND KINGSTON, RI	SCHOLARSHIPS	$2,000
EASTERN CT STATE UNIVERSITY WILLIMANTIC, CT	SCHOLARSHIPS	$500
SOUTHERN CONNECTICUT STATE UNIVERSITY NEW HAVEN, CT	SCHOLARSHIPS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$6,352

Frequently Asked Questions

How large is Almond M Paine Trust?

As of 2024, Almond M Paine Trust holds $556K in total assets with $57K in annual revenue. It awarded 11 grants totaling $23K in 2024.

Where does Almond M Paine Trust operate?

Almond M Paine Trust has awarded grants in Connecticut, Hawaii, Massachusetts, Rhode Island.

What size grants does Almond M Paine Trust award?

In 2024, Almond M Paine Trust awarded 11 grants totaling $23K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Almond M Paine Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Almond M Paine Trust reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.