Coburn Charitable Society Inc

Private foundation · Grantmaker Ipswich, MA EIN: 04-2104012

Coburn Charitable Society Inc is a private foundation, based in Ipswich, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $829K in total assets. In 2025, it made $470 in qualifying distributions. Net investment income was $15K.

Key facts about Coburn Charitable Society Inc

EIN
04-2104012
Latest 990 filing
Form 990-PF, 2025
Total assets
$829,219

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$829K

-0.5% YoY

Revenue

$7K

-74.6% YoY

Qualifying Distributions

$470

-98.9% YoY

Expenses

$11K

-80.3% YoY

Under IRS private-foundation payout rules, Coburn Charitable Society Inc reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.

How Coburn Charitable Society Inc gives

  • Giving fell 36% from 2021 to 2024. Method
  • In 2025 it paid out 1% 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

Cities

IpswichGloucesterSouth Hamilton

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K10 grants2021 9 grants2022 10 grants2023 9 grants2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $26K (2023) to $69K (2021). In 2024 it made 9 grants totaling $44K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 38 grants of 38 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$829,219$832,977$859,972
Revenue$6,899$27,144$-5,354
Expenses$10,657$54,139$36,038
Qualifying Distributions$470$44,144$26,743
Net Investment Income$14,752$19,622$16,404
Distributable Amount$41,224$43,499$42,925

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

Coburn Charitable Society Inc is led by Gavin Keenan, President & Trustee on every filing since 2021; none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gavin Keenan

    President & Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Carl Soderland

    Secretary & Trustee

    Trustee → Clerk & Trustee, 2022

    Clerk & Trustee → Secretary & Trustee, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Josie Keenan

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Carla Kolesar

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matthew Knight

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Cindy Ring

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Debbie Sullivan

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • John Sullivan

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Martha Finlay

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Scott Finlay

    Treasurer & Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Nathaniel Pulsifer (2021–2022) — Assistant Treasurer & Trustee
  • Former: Richard Corder (2021–2022) — Treasurer & Trustee
  • Former: Rebecca Pugh (2021) — Trustee

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.

Frequently asked questions about Coburn Charitable Society Inc

How large is Coburn Charitable Society Inc?

Coburn Charitable Society Inc reported $829K in total assets on its 2025 IRS Form 990-PF. It paid out $470 in qualifying distributions that year, against a required minimum of $41K (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 Coburn Charitable Society Inc operate?

Coburn Charitable Society Inc has awarded grants in Massachusetts.

What is Coburn Charitable Society Inc's EIN?

Coburn Charitable Society Inc's EIN (Employer Identification Number) is 04-2104012. 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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