Curry & Downey Scholarship Trust Charitable T
Curry & Downey Scholarship Trust Charitable T is a private foundation focused on Education, based in Boston, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 9 grants totaling $72K. Net investment income was $181K.
Key facts about Curry & Downey Scholarship Trust Charitable T
In short: Curry & Downey Scholarship Trust Charitable T gave $72K across 9 grants in 2025 (avg $8K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 45-6837157
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $71,500
- Grants made (2025)
- 9
- Average grant
- $7,944
- Median grant
- $6,500
- Total assets
- $1,522,239
- Primary geography
- Massachusetts (73% 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
$1.5M
+7.1% YoY
Annual Giving
$72K
-8.3% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$8K
+1.9% YoY
Under IRS private-foundation payout rules, Curry & Downey Scholarship Trust Charitable T reported a distributable amount of $94K for 2025 — the minimum it must pay out in qualifying distributions.
How Curry & Downey Scholarship Trust Charitable T gives
- Giving fell 21% from 2022 to 2025. Method
- In 2025 it paid out 79% 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
Share of 2025 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $54K (2020) to $90K (2022). In 2025 it made 9 grants totaling $72K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Northeastern University ($13K). Together the top 9 received $72K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northeastern University Boston, MA | Scholarship | $13,000 |
| Emmanuel College Boston, MA | Scholarship | $13,000 |
| Bentley University Waltham, MA | Scholarship | $6,500 |
| St Anselm College Goffstown, NH | Scholarship | $6,500 |
| Brandeis University Waltham, MA | Scholarship | $6,500 |
| College of the Holy Cross Worcester, MA | Scholarship | $6,500 |
| Merrimack College North Andover, MA | Scholarship | $6,500 |
| North Carolina Central University Durham, NC | Scholarship | $6,500 |
| Pomona College Claremont, CA | Scholarship | $6,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,522,239 | $1,421,734 | $1,421,607 |
| Revenue | $193,894 | $97,622 | $120,019 |
| Expenses | $98,501 | $103,107 | $101,865 |
| Qualifying Distributions | $74,376 | $89,641 | $88,956 |
| Net Investment Income | $180,502 | $85,467 | $108,608 |
| Distributable Amount | $93,895 | $88,862 | $78,710 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Curry & Downey Scholarship Trust Charitable T's only listed officer is Eastern Bank, Trustee on every filing since 2023 (compensated).
Officers on the 2025 filing
Eastern Bank
Trustee
On filings since 2023
2 hrs/week
$4K (2023) → $5K (2025)
Former officers (1)
- Former: Eastern Bank Eastern Wealth Mgmt (2020–2022) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $5K, to Eastern Bank (Trustee).
Frequently asked questions about Curry & Downey Scholarship Trust Charitable T
How much does Curry & Downey Scholarship Trust Charitable T give each year?
Curry & Downey Scholarship Trust Charitable T gave $72K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $78K across 10 grants.
What is Curry & Downey Scholarship Trust Charitable T's typical grant size?
Curry & Downey Scholarship Trust Charitable T's median grant in 2025 was $6,500, and its average grant was $7,944, across 9 grants on its 2025 IRS Form 990-PF.
Where does Curry & Downey Scholarship Trust Charitable T give grants?
Curry & Downey Scholarship Trust Charitable T gives mostly in Massachusetts: 73% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Hampshire (9%) and North Carolina (9%). The most frequent recipient cities were Boston, MA (2 grants) and Waltham, MA (2 grants).
Does Curry & Downey Scholarship Trust Charitable T give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Curry & Downey Scholarship Trust Charitable T's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).
Who are Curry & Downey Scholarship Trust Charitable T's largest grantees?
Curry & Downey Scholarship Trust Charitable T's largest 2025 grantees include Northeastern University ($13,000), Emmanuel College ($13,000) and Bentley University ($6,500), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.
How large is Curry & Downey Scholarship Trust Charitable T?
Curry & Downey Scholarship Trust Charitable T reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $94K (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.
What is Curry & Downey Scholarship Trust Charitable T?
Curry & Downey Scholarship Trust Charitable T is a private foundation focused on Education, based in Boston, MA. It holds $1.5M in total assets as of 2025.
What is Curry & Downey Scholarship Trust Charitable T's EIN?
Curry & Downey Scholarship Trust Charitable T's EIN (Employer Identification Number) is 45-6837157. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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