Charles J Spaid Tua

PENNINGTON, NJ EIN: 04-6021286

Charles J Spaid Tua is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $237K in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$237K

+0.7% YoY

Annual Giving

$15K

+3.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$15K

+3.1% YoY

Under IRS private-foundation payout rules, Charles J Spaid Tua reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles J Spaid Tua

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $69K (100%)

States

Massachusetts

Cities

Springfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$237,378	$235,808	$232,544
Revenue	$16,741	$19,320	$12,216
Expenses	$16,800	$15,976	$15,564
Qualifying Distributions	$15,700	$15,169	$14,299
Net Investment Income	$15,995	$18,456	$11,519
Distributable Amount	$13,315	$12,299	$12,659

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Springfield Museums Corporation ($14,995).

Recipient	Purpose	Amount
SPRINGFIELD MUSEUMS CORPORATION SPRINGFIELD, MA	GENERAL OPERATING	$14,995

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$1,117

Frequently Asked Questions

How large is Charles J Spaid Tua?

As of 2024, Charles J Spaid Tua holds $237K in total assets with $17K in annual revenue. It awarded 1 grants totaling $15K in 2024.

Where does Charles J Spaid Tua operate?

Charles J Spaid Tua has awarded grants in Massachusetts.

What size grants does Charles J Spaid Tua award?

In 2024, Charles J Spaid Tua awarded 1 grants totaling $15K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Charles J Spaid Tua required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles J Spaid Tua reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.