Artemas W Stearns Trust
The Artemas W Stearns Trust is a private foundation established in 1896 and located in Andover, Massachusetts. The trust operates as an independent foundation with a focused mission to support charitable causes in the Lawrence, Massachusetts area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
-2.0% YoY
Annual Giving
$249K
-2.7% YoY
Grant Count
38
-2.6% YoY
Avg Grant Size
$7K
-0.2% YoY
Mission & Focus Areas
The trust's primary purpose is to support organizations that service and benefit the deserving poor and indigent aged people, including hospitals, community projects, and secondary schools in the Lawrence, Massachusetts area.
Funding interests include:
- Community health and medical services
- Health and wellness initiatives
- School health programs
- Renewable energy projects
- Food pantries and community gardens
- Environmental education
Grantmaking
The trust does not fund individuals, endowments, capital campaigns, or construction projects. Organizations must demonstrate direct benefit to indigent aged people and the deserving poor in Lawrence, Massachusetts.
Grant Range
varies by project
Average Grant
varies by project
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Geographic Focus
Where this funder awards grants
The trust exclusively funds projects and organizations serving the city of Lawrence, Massachusetts and the surrounding area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $4,186,120
- Total revenues: $275,264
- Total expenses: $367,988
- Investment income and dividends: $162,552
- Net gain from sale of non-inventory assets: $112,310
- Number of employees: 0
EIN: 04-2137061
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,186,120 | $4,271,416 | $4,604,836 |
| Revenue | $275,264 | $167,265 | $86,755 |
| Expenses | $367,988 | $356,973 | $344,994 |
| Qualifying Distributions | $290,082 | $290,302 | $270,246 |
| Net Investment Income | $196,956 | $100,592 | $227,667 |
| Distributable Amount | $223,391 | $207,964 | $219,929 |
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
185 grants across all recorded years
Open Grants
1 open opportunity from Artemas W Stearns Trust
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Marsha E Rich, Esq. serves as the trust's contact and administrator.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARSHA E RICH ESQ | TRUSTEE | 10 | $6,000 |
| EILEEN M KHOURY | TRUSTEE | 10 | $6,000 |
| JOHN T POLLANO ESQ | TRUSTEE | 10 | $6,000 |
| REV CHRISTOPHER CASEY | TRUSTEE | 10 | $6,000 |
| MATTHEW A KRAUNELIS | TRUSTEE | 10 | $6,000 |
Contact Information
Address: 9 Bartlet Street, Suite 343, Andover, MA 01810-3655
Telephone: 978-687-0156
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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