Danvers Rotary Club Char Endowment Trust

SALEM, MA EIN: 04-6659945

Danvers Rotary Club Char Endowment Trust is a private foundation, based in SALEM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $480K in total assets. In 2024, it made $4K in qualifying distributions. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$480K

+13.8% YoY

Revenue

$39K

+61.3% YoY

Qualifying Distributions

$4K

Expenses

$8K

-86.5% YoY

Under IRS private-foundation payout rules, Danvers Rotary Club Char Endowment Trust reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Danvers Rotary Club Char Endowment Trust

Based on IRS filings

Danvers Rotary Club Char Endowment Trust is a private foundation, based in SALEM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $480K in total assets. In 2024, it made $4K in qualifying distributions. Net investment income was $10K.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$45K$68K$91K20202021202220232024
Metric202420232022
Total Assets$480,002$421,822$458,779
Revenue$39,146$24,268$27,811
Expenses$8,278$61,225$4,704
Qualifying Distributions$3,500
Net Investment Income$9,603$27,443
Distributable Amount$22,074

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
REBECCA KILBORNCHAIRPERSON1
DANIEL W DOHERTYBOARD MEMBER1
NEAL WALDMANBOARD MEMBER1
JACQULYN SHAMAUGHEX-OFFICIO1
THOMAS STRANDRINGBOARD MEMBER1
RICHARD VINCENTEX-OFFICIO1

Frequently Asked Questions

How large is Danvers Rotary Club Char Endowment Trust?

As of 2024, Danvers Rotary Club Char Endowment Trust holds $480K in total assets with $39K in annual revenue.

How much is Danvers Rotary Club Char Endowment Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Danvers Rotary Club Char Endowment Trust reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Danvers Rotary Club Char Endowment Trust's EIN?

Danvers Rotary Club Char Endowment Trust's EIN (Employer Identification Number) is 04-6659945. IRS Form 990 filing data is available on this page for 2020–2024.

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

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