Dennis and Marion Mavrogenis Trust Fund

Private foundation · Grantmaker Saugus, MA EIN: 04-3179137

The Dennis and Marion Mavrogenis Trust Fund is a private foundation based in Saugus, Massachusetts. Its 2025 filing describes scholarships for the education of residents of Salem, Massachusetts, as its charitable activity.

Key facts about Dennis and Marion Mavrogenis Trust Fund

In short: Dennis and Marion Mavrogenis Trust Fund gave $105K across 13 grants in 2025 (avg $8K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-3179137
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$105,000
Grants made (2025)
13
Average grant
$8,077
Median grant
$10,000
Total assets
$2,410,383
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)
How to apply
The filing states that the foundation does not restrict giving to preselected organizations. Full details ↓
Deadline
May 1.

Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.4M

+3.7% YoY

Annual Giving

$105K

+7.9% YoY

Grant Count

13

+18.2% YoY

Avg Grant Size

$8K

-8.7% YoY

Under IRS private-foundation payout rules, Dennis and Marion Mavrogenis Trust Fund reported a distributable amount of $124K for 2025 — the minimum it must pay out in qualifying distributions.

How Dennis and Marion Mavrogenis Trust Fund gives

  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

In filing year 2025, the fund reported 13 grants totaling $105,000. Grants ranged from $5,000 to $10,000, with a median of $10,000. Listed recipients included Salem State University ($10,000 and $5,000), Saint Anselm College ($10,000), Endicott College ($10,000), and the University of Massachusetts–Boston ($10,000); the listed purposes were scholarships.

Review Cycle

May 1. The filing does not specify a year for this deadline, so its timing is unclear.

How to Apply

The filing states that the foundation does not restrict giving to preselected organizations. It lists a letter request as the application material and says net income from the trust is to be used for the education of residents of Salem, Massachusetts.

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Geographic Focus

Where this funder awards grants

The filing states that trust net income is to be used for the education of Salem, Massachusetts, residents. All reported 2025 grant dollars went to recipients in Massachusetts.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 13 itemized grants.

Cities

Boston

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K18 grants2019 13 grants2020 13 grants2021 10 grants2022 8 grants2023 11 grants2024 13 grants2025

From 2019 to 2025, annual grant giving ranged from $72K (2020) to $117K (2021). In 2025 it made 13 grants totaling $105K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

University of Massachusetts- Amhers: $25K across 3 grantsUniversity of Massachusetts-Amhers$25K · 3 grantsUniversity of Massachusetts- Boston: $10KUniversity of Massachusetts-Boston$10KWentworth Institute of Technology F: $10KWentworth Institute ofTechnology F$10KNortheastern University FBO Gabriel: $5KNortheastern University FBOGabriel$5K

The largest 2025 recipient was University of Massachusetts- Amhers ($25K across 3 grants). Together the top 4 received $50K.

Organizations only. It also paid 7 individual scholarships ($55,000), which are not listed by name.

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 55 grants of 55 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
7 individual scholarships Recipients not named —$55,000
University of Massachusetts- Amhers Boston, MAScholarship$10,000
University of Massachusetts- Boston Boston, MAScholarship$10,000
Wentworth Institute of Technology F Boston, MAScholarship$10,000
University of Massachusetts- Amhers Boston, MAScholarship$10,000
Northeastern University FBO Gabriel Boston, MAScholarship$5,000
University of Massachusetts- Amhers Boston, MAScholarship$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $2,410,383 $227,313 $141,382 $105,000 (13)
2024 $2,324,452 $161,990 $137,783 $97,334 (11)
2023 $2,304,985 $177,627 $126,115 $91,300 (8)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,410,383$2,324,452$2,304,985
Revenue$227,313$161,990$177,627
Expenses$141,382$137,783$126,115
Qualifying Distributions$126,745$120,115$113,753
Net Investment Income$212,816$144,322$165,265
Distributable Amount$123,639$137,948$126,431

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 3, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 25, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

Eastern Bank Wealth Management is listed as trustee on the 2025 filing.

Dennis and Marion Mavrogenis Trust Fund's only listed officer is Eastern Bank Wealth Management, Trustee on every filing since 2019 (uncompensated).

Officers on the 2025 filing

  • Eastern Bank Wealth Management

    Trustee

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Christine Drew Co Eastern Bank Weal
Mailing address: 605 Broadway, Saugus, MA 01970
Phone: (781) 581-4292

Frequently asked questions about Dennis and Marion Mavrogenis Trust Fund

How much does Dennis and Marion Mavrogenis Trust Fund give each year?

Dennis and Marion Mavrogenis Trust Fund gave $105K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $97K across 11 grants.

What is Dennis and Marion Mavrogenis Trust Fund's typical grant size?

Dennis and Marion Mavrogenis Trust Fund's median grant in 2025 was $10,000, and its average grant was $8,077, across 13 grants on its 2025 IRS Form 990-PF.

Where does Dennis and Marion Mavrogenis Trust Fund give grants?

Dennis and Marion Mavrogenis Trust Fund gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (6 grants).

Does Dennis and Marion Mavrogenis Trust Fund give general operating support?

Not in 2025: none of the 13 grants with a stated purpose on Dennis and Marion Mavrogenis Trust Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (13 grants).

Who are Dennis and Marion Mavrogenis Trust Fund's largest grantees?

Dennis and Marion Mavrogenis Trust Fund's largest 2025 grantees include University of Massachusetts- Amhers ($25,000 across 3 grants), University of Massachusetts- Boston ($10,000) and Wentworth Institute of Technology F ($10,000), according to its 2025 IRS Form 990-PF. It also paid 7 individual scholarships ($55,000), which are not listed by name. Together they received 43% of its itemized 2025 grant dollars.

How large is Dennis and Marion Mavrogenis Trust Fund?

Dennis and Marion Mavrogenis Trust Fund reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $127K in qualifying distributions that year, against a required minimum of $124K (roughly 5% of its investment assets).

How do I apply for a grant from Dennis and Marion Mavrogenis Trust Fund?

The filing states that the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Dennis and Marion Mavrogenis Trust Fund's EIN?

Dennis and Marion Mavrogenis Trust Fund's EIN (Employer Identification Number) is 04-3179137. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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