Barbara Joy Trust co Christine J Soverel

Private foundation · Grantmaker Mercer Island, WA EIN: 30-6083952

Barbara Joy Trust co Christine J Soverel is a private foundation, based in Mercer Island, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $74K.

Key facts about Barbara Joy Trust co Christine J Soverel

In short: Barbara Joy Trust co Christine J Soverel gave $27K across 2 grants in 2024 (avg $14K), mostly in Maine. Source: 2024 IRS Form 990-PF.

EIN
30-6083952
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$27,200
Grants made (2024)
2
Average grant
$13,600
Median grant
$13,600
Total assets
$1,210,202
Primary geography
Maine (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-2.9% YoY

Annual Giving

$27K

-44.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$14K

-44.2% YoY

Under IRS private-foundation payout rules, Barbara Joy Trust co Christine J Soverel reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.

How Barbara Joy Trust co Christine J Soverel gives

  • Giving fell 48% from 2021 to 2024. Method
  • In 2024 it paid out 163% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

Bar Harbor

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $27K (2024) to $63K (2022). In 2024 it made 2 grants totaling $27K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Jesup Memorial Library: $14KJesup Memorial Library$14KMount Desert Island Hospital Auxilary: $14KMount Desert Island HospitalAuxilary$14K

The largest 2024 recipient was Jesup Memorial Library ($14K). Together the top 2 received $27K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jesup Memorial Library Bar Harbor, MEPublic Charity Unrestricted Gift$13,600
Mount Desert Island Hospital Auxilary Bar Harbor, MECharityrestricted gift to benefit the marion j morse scholarship fund$13,600

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,210,202$1,246,423$1,283,382
Revenue$79,880$49,254$56,410
Expenses$118,951$96,700$92,463
Qualifying Distributions$112,650$89,040$84,014
Net Investment Income$74,172$42,194$47,961
Distributable Amount$68,989$77,060$79,579

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Barbara Joy Trust co Christine J Soverel's 2024 filing lists 3 officers; all 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Andrew Gostel

    Trustee

    On filings since 2020

    4 hrs/week

    $1K (2020) → $4K (2024)

  • Peter W. Soverel

    Trustee

    On filings since 2020

    4 hrs/week

    $7K (2020) → $4K (2024)

  • Christine J. Soverel

    Trusteetreasurer

    Trustee & Treasurer → Trusteetreasurer, 2024

    On filings since 2020

    8 hrs/week

    $7K (2020) → $18K (2024)

Former officers (1)
  • Former: Ernest Joy (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Christine J Soverel — TrusteeTreasurer: $18KChristine J SoverelTrusteeTreasurer$18KPeter Soverel — Trustee: $4KPeter SoverelTrustee$4KAndrew Gostel — Trustee: $4KAndrew GostelTrustee$4K

The highest reported compensation on the 2024 filing was $18K, to Christine J Soverel (TrusteeTreasurer). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Barbara Joy Trust co Christine J Soverel

How much does Barbara Joy Trust co Christine J Soverel give each year?

Barbara Joy Trust co Christine J Soverel gave $27K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $49K across 2 grants.

How large is Barbara Joy Trust co Christine J Soverel?

Barbara Joy Trust co Christine J Soverel reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $113K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets).

Where does Barbara Joy Trust co Christine J Soverel operate?

Barbara Joy Trust co Christine J Soverel has awarded grants in Maine.

What is Barbara Joy Trust co Christine J Soverel's EIN?

Barbara Joy Trust co Christine J Soverel's EIN (Employer Identification Number) is 30-6083952. IRS Form 990 filing data is available on this page for 2020–2024.

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

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