Douglas Drane Charitable Trust
Douglas Drane Charitable Trust is a private foundation, based in Gloucester, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $957K in total assets. In 2025, it awarded 8 grants totaling $165K. Net investment income was $34K.
Douglas Drane Charitable Trust at a glance
In short: Douglas Drane Charitable Trust gave $165K across 8 grants in 2025 (avg $21K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $165,000
- +43.2% vs 2024
- Grants made (2025)
- 8
- -11.1% vs 2024
- Average grant
- $20,625
- +61.1% vs 2024
- Median grant
- $20,000
- Total assets
- $957,119
- -12.1% vs 2024
- Primary geography
- Massachusetts (64% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Douglas Drane Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Care Dimensions ($50K). Together the top 8 received $165K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 30 grants of 34 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Douglas Drane Charitable Trust gives
- Giving grew 72% from 2022 to 2025. Method
- In 2025 it paid out 175% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $96K (2022) to $165K (2025). In 2025 it made 8 grants totaling $165K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Care Dimensions Danvers, MA | unrestricted | $50,000 |
| Association on Aging in New York Albany, NY | unrestricted | $25,000 |
| Essex North Shore Agricultural & Technical School Hawthorne, MA | unrestricted | $20,000 |
| I Am ALS Washington, DC | unrestricted | $20,000 |
| Masssachusetts Wonderfund Inc Boston, MA | unrestricted | $20,000 |
| Coalition to Transform Advanced Care Washington, DC | unrestricted | $15,000 |
| Childrens Hospital Boston Boston, MA | unrestricted | $10,000 |
| Pingree School South Hamilton, MA | unrestricted | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $957,119 | $53,786 | $185,411 | $165,000 | 8 | $165,000 | $33,935 | $94,188 |
| 2024 | $1,088,744 | $49,437 | $135,040 | $115,200 | 9 | $115,200 | $34,873 | $91,299 |
| 2023 | $1,174,347 | $50,413 | $158,839 | $140,000 | 5 | $140,000 | $35,360 | $87,389 |
| 2022 | $1,282,773 | $21,137 | $115,623 | $96,000 | 6 | $96,000 | $24,193 | $91,159 |
| 2021 | $1,377,259 | $31,904 | $147,127 | $117,500 | 6 | $117,500 | $31,904 | $103,964 |
| 2020 | $1,492,482 | $500,130 | $126,687 | $105,000 | 4 | — | $500,130 | $88,706 |
Under IRS private-foundation payout rules, Douglas Drane Charitable Trust reported a distributable amount of $94K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Douglas Drane Charitable Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alexandra M Drane
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Douglas Drane
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Randell B Drane
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
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.
Frequently asked questions about Douglas Drane Charitable Trust
How much does Douglas Drane Charitable Trust give each year?
Douglas Drane Charitable Trust gave $165K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 9 grants.
What is Douglas Drane Charitable Trust's typical grant size?
Douglas Drane Charitable Trust's median grant in 2025 was $20,000, and its average grant was $20,625, across 8 grants on its 2025 IRS Form 990-PF.
Where does Douglas Drane Charitable Trust give grants?
Douglas Drane Charitable Trust gives mostly in Massachusetts: 64% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (21%) and New York (15%). The most frequent recipient cities were Washington, DC (2 grants) and Boston, MA (2 grants).
Does Douglas Drane Charitable Trust give general operating support?
Yes: 100% of Douglas Drane Charitable Trust's 2025 grants with a stated purpose (8 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Douglas Drane Charitable Trust's largest grantees?
Douglas Drane Charitable Trust's largest 2025 grantees include Care Dimensions ($50,000), Association on Aging in New York ($25,000) and Essex North Shore Agricultural & Technical School ($20,000), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.
How large is Douglas Drane Charitable Trust?
Douglas Drane Charitable Trust reported $957K in total assets on its 2025 IRS Form 990-PF. It paid out $165K in qualifying distributions that year, against a required minimum of $94K (roughly 5% of its investment assets).
What is Douglas Drane Charitable Trust's EIN?
Douglas Drane Charitable Trust's EIN (Employer Identification Number) is 04-3371223. 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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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