Barre Savings Charitable Foundation Inc

BARRE, MA EIN: 81-2319030

Barre Savings Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BARRE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 22 grants totaling $111K. Net investment income was $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-2.7% YoY

Annual Giving

$111K

+14.1% YoY

Grant Count

22

-8.3% YoY

Avg Grant Size

$5K

+24.5% YoY

Under IRS private-foundation payout rules, Barre Savings Charitable Foundation Inc reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.

About Barre Savings Charitable Foundation Inc

Based on IRS filings

Barre Savings Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BARRE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 22 grants totaling $111K. Net investment income was $80K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ActonAtholBarreCincinnatiGardnerGilbertvilleHardwickHubbardstonMedfieldNew BraintreeNorth BrookfieldOakhamPaxtonPetershamPrincetonRutlandSouth BarreSpencerWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$39K$79K$118K$157K20202021202220232024
Metric202420232022
Total Assets$1,360,424$1,398,082$1,366,808
Revenue$88,606$143,017$115,121
Expenses$126,264$111,743$117,128
Qualifying Distributions$117,264$104,783$109,628
Net Investment Income$79,606$135,517$106,621
Distributable Amount$125,035$110,431$112,572

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$111K20 grants202021 grants202122 grants202224 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Barre Food Pantry$16KTown of Barre$15KHardwick Elementary PTO$8KMontachusett Veterans Ou…$8KBarre Historical Society$7KQuabbin Area Little League$6KDismas House$5KFriends of Fobes Memoria…$5KFriends of the Stone Chu…$5KPaige Memorial Library$5K

Grant Size Distribution

109 grants across all recorded years

109<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Barre Food Pantry ($15,900), Town of Barre ($15,000), Hardwick Elementary PTO ($8,000).

RecipientPurposeAmount
Dismas House Worcester, MAProgram to Stabilize Formerly Homeless Adults$5,000
Town of Barre Library Barre, MASummer Reading Program$4,300
Hardwick Elementary PTO Gilbertville, MANatures Classroom$8,000
Polus Center for Social Econo Dev Athol, MALife Skills Program for Blind Youth$2,500
Camp Putnam New Braintree, MACamp Scholarship Assistance$4,300
Town of Barre Barre, MA911 Memorial$15,000
Town of Hardwick Youth Center Gilbertville, MAScience-Based Programs$1,000
Friends of Rutland Public Library Rutland, MASummer Reading Program$1,200
Princeton Arts Society Princeton, MAConcert Music Series$2,000
Friends of Fobes Memorial Library Oakham, MALibrary Programming$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Stephen BrewerPresident
Daniel HaynesTreasurer
Ann MeilusClerk
Paul CranstonDirector
Brian CirelliDirector
Thomas MertzicDirector
Maureen MarshallDirector
Tracey McDonaldDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Barre Savings Charitable Foundation Inc?

Barre Savings Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BARRE, MA. It holds $1.4M in total assets as of 2024.

How large is Barre Savings Charitable Foundation Inc?

As of 2024, Barre Savings Charitable Foundation Inc holds $1.4M in total assets with $89K in annual revenue. It awarded 22 grants totaling $111K in 2024.

Where does Barre Savings Charitable Foundation Inc operate?

Barre Savings Charitable Foundation Inc has awarded grants in Massachusetts, Ohio.

What size grants does Barre Savings Charitable Foundation Inc award?

In 2024, Barre Savings Charitable Foundation Inc awarded 22 grants totaling $111K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Barre Savings Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Barre Savings Charitable Foundation Inc reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Barre Savings Charitable Foundation Inc's EIN?

Barre Savings Charitable Foundation Inc's EIN (Employer Identification Number) is 81-2319030. IRS Form 990 filing data is available on this page for 2020–2024.

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

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