Barre Savings Charitable Foundation Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
109 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Dismas House Worcester, MA | Program to Stabilize Formerly Homeless Adults | $5,000 |
| Town of Barre Library Barre, MA | Summer Reading Program | $4,300 |
| Hardwick Elementary PTO Gilbertville, MA | Natures Classroom | $8,000 |
| Polus Center for Social Econo Dev Athol, MA | Life Skills Program for Blind Youth | $2,500 |
| Camp Putnam New Braintree, MA | Camp Scholarship Assistance | $4,300 |
| Town of Barre Barre, MA | 911 Memorial | $15,000 |
| Town of Hardwick Youth Center Gilbertville, MA | Science-Based Programs | $1,000 |
| Friends of Rutland Public Library Rutland, MA | Summer Reading Program | $1,200 |
| Princeton Arts Society Princeton, MA | Concert Music Series | $2,000 |
| Friends of Fobes Memorial Library Oakham, MA | Library Programming | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephen Brewer | President | — | — |
| Daniel Haynes | Treasurer | — | — |
| Ann Meilus | Clerk | — | — |
| Paul Cranston | Director | — | — |
| Brian Cirelli | Director | — | — |
| Thomas Mertzic | Director | — | — |
| Maureen Marshall | Director | — | — |
| Tracey McDonald | Director | — | — |
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.
Explore Open Grants
Browse active grant opportunities in Barre Savings Charitable Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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