Associated Charities of Gloucester Investment
Associated Charities of Gloucester Investment is a private foundation, based in Gloucester, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $118K in total assets. In 2025, it awarded 1 grant totaling $7K. Net investment income was $14K.
Associated Charities of Gloucester Investment at a glance
In short: Associated Charities of Gloucester Investment gave $7K across 1 grant in 2025 (avg $7K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,000
- +4.5% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $7,000
- +4.5% vs 2024
- Median grant
- $7,000
- Total assets
- $118,003
- +7.2% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Associated Charities of Gloucester Investment funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Assoc Charities of Gloucester Inc ($7K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Associated Charities of Gloucester Investment gives
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2023) to $8K (2021). In 2025 it made 1 grant totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Assoc Charities of Gloucester Inc Gloucester, MA | General Financial Support | $7,000 |
Ready to take the next step with Associated Charities of Gloucester Investment?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $118,003 | $17,008 | $9,034 | $7,000 | 1 | $7,060 | $13,555 | $6,472 |
| 2024 | $110,028 | $11,974 | $8,397 | $6,700 | 1 | $6,750 | $8,427 | $6,180 |
| 2023 | $106,420 | $3,650 | $7,257 | $5,450 | 1 | $5,500 | $1,150 | $5,597 |
| 2022 | $110,028 | $16,121 | $8,169 | $6,700 | 1 | $6,750 | $9,360 | $5,544 |
| 2021 | $102,097 | $14,596 | $9,833 | $8,100 | 1 | $8,150 | $12,888 | $6,328 |
| 2020 | $97,358 | $9,598 | $7,458 | $6,200 | 1 | — | $3,463 | $5,314 |
Under IRS private-foundation payout rules, Associated Charities of Gloucester Investment reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Associated Charities of Gloucester Investment is led by Rosemary Lundberg, President on every filing since 2023; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rosemary Lundberg
President
On filings since 2023
4 hrs/week
No compensation reported
Caitlin Sumner
Clerk
On filings since 2020
5 hrs/week
No compensation reported
Serena Low
Treasurer
On filings since 2020
13 hrs/week
No compensation reported
Amy Randazza
Vice President
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Mary J. Powers (2020–2022) — Vice President
- Former: Michele H. Harrison (2020–2022) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Associated Charities of Gloucester Investment
How much does Associated Charities of Gloucester Investment give each year?
Associated Charities of Gloucester Investment gave $7K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 1 grant.
How large is Associated Charities of Gloucester Investment?
Associated Charities of Gloucester Investment reported $118K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
Where does Associated Charities of Gloucester Investment operate?
Associated Charities of Gloucester Investment has awarded grants in Massachusetts.
What is Associated Charities of Gloucester Investment's EIN?
Associated Charities of Gloucester Investment's EIN (Employer Identification Number) is 04-6048893. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
Other open foundation grants in Massachusetts
Massachusetts Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Associated Charities of Gloucester Investment's focus areas in our free grants database
Similar Funders
Similar funders in Massachusetts
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Barr Foundation
Boston, MA
The Barr Foundation funds arts and creativity, climate, education, and New England’s social sector, primarily through long-term support for organizations in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. Its filing says it accepts only requests from preselected organizations and does not accept unsolicited requests, though its website describes program-page inquiries and occasional open calls.
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (FKA Oneworld Boston Inc)
Woburn, MA
Cummings Foundation Grants Inc. funds nonprofits working in human services, education, healthcare, fairness and justice, and the environment, primarily in greater Boston and eastern Massachusetts. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal during its application cycle, which was not open at the time described.
Assets
$258.2M
Grants
658
Total Given
$38.2M
American Tower Corporation Foundation
Boston, MA
Assets
$15.4M
Grants
632
Total Given
$1.7M
The Stephen Phillips Memorial Scholarship Fund Inc
Boston, MA
The fund awards need- and merit-based scholarships to full-time students pursuing bachelor’s degrees who permanently reside in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont; recipients may attend college anywhere in the United States. Awards generally range from $3,000 to $17,000, with typical annual awards of $6,000 to $10,000. It accepts applications through an online student portal; the profile does not describe other unsolicited requests.
Assets
$41.6M
Grants
520
Total Given
$5.1M
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Associated Charities of Gloucester Investment's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Associated Charities of Gloucester Investment down — hundreds of funders to go?