Charles Montague Charitable Tr

Private foundation · Grantmaker Dallas, TX EIN: 04-6047134

Charles Montague Charitable Tr is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $70K. Net investment income was $123K.

Key facts about Charles Montague Charitable Tr

In short: Charles Montague Charitable Tr gave $70K across 1 grant in 2025 (avg $70K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-6047134
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$70,000
Grants made (2025)
1
Average grant
$70,000
Median grant
$70,000
Total assets
$1,439,839
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+3.5% YoY

Annual Giving

$70K

+7.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$70K

+7.7% YoY

Under IRS private-foundation payout rules, Charles Montague Charitable Tr reported a distributable amount of $86K for 2025 — the minimum it must pay out in qualifying distributions.

How Charles Montague Charitable Tr gives

  • Giving held roughly steady from 2022 to 2025 (−12%). Method
  • In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 the 2025 grant dollars on its one itemized grant.

Cities

Wakefield

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $60K (2021) to $80K (2022). In 2025 it made 1 grant totaling $70K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Scholarship Foundation of Wakefield: $70KThe Scholarship Foundation ofWakefield$70K

The largest 2025 recipient was The Scholarship Foundation of Wakefield ($70K).

Grant Size Distribution

5 grants across all recorded years

<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Scholarship Foundation of Wakefield Wakefield, MAScholarships$70,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,439,839$1,391,651$1,382,222
Revenue$140,194$56,633$-164
Expenses$98,164$93,396$102,045
Qualifying Distributions$81,952$78,448$82,487
Net Investment Income$123,319$37,955$18,667
Distributable Amount$86,048$81,267$75,592

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Charles Montague Charitable Tr's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $21K (2021) → $21K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $21KBank of AmericaTrustee$21K

The highest reported compensation on the 2025 filing was $21K, to Bank of America (Trustee).

Frequently asked questions about Charles Montague Charitable Tr

How much does Charles Montague Charitable Tr give each year?

Charles Montague Charitable Tr gave $70K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $65K across 1 grant.

How large is Charles Montague Charitable Tr?

Charles Montague Charitable Tr reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $82K in qualifying distributions that year, against a required minimum of $86K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Charles Montague Charitable Tr operate?

Charles Montague Charitable Tr has awarded grants in Massachusetts.

What is Charles Montague Charitable Tr's EIN?

Charles Montague Charitable Tr's EIN (Employer Identification Number) is 04-6047134. IRS Form 990 filing data is available on this page for 2021–2025.

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

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