Elisha V Ashton Trust UW

BOSTON, MA EIN: 04-6016303

The Elisha V Ashton Trust UW is a private foundation established in 1957 under the will of Elisha V. Ashton. Based in Boston, Massachusetts, the trust is administered by the law firm Choate Hall & Stewart LLP. The foundation operates as a 501(c)(3) private foundation with a fiscal year ending in October.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.9M

+16.3% YoY

Annual Giving

$1.1M

+57.2% YoY

Grant Count

17

+0.0% YoY

Avg Grant Size

$64K

+57.2% YoY

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

Mission & Focus Areas

The trust focuses its grantmaking on established Massachusetts-based organizations in the following areas:

  • Education
  • Human Services
  • Philanthropy and Voluntarism

The foundation makes general operating grants to preselected charitable organizations and does not accept unsolicited applications.

Grantmaking

Grant Range

$30,459 to $152,295

Invitation Only

** Invitation only; the foundation does not accept unsolicited applications.

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses on Massachusetts, with particular emphasis on the Boston area.

Grant Distribution by State

1states

Cities

BostonBrooklineChelseaEast BostonRoslindaleRoxburySalemSouth DartmouthWaltham

Financial History

Multi-year comparison from IRS filings

Assets:

  • $19,927,359 (as of 2024)

Annual Giving:

  • 2024: $1,082,840
  • 2023: $688,736

Revenue (2024):

  • Total revenues: $1,854,116
  • Investment income and dividends: $454,268
  • Net gain from sale of non-inventory assets: $1,399,848

Expenses (2024):

  • Total expenses: $1,274,384

Investment Portfolio: The foundation's assets are invested primarily in:

  • Corporate stocks: $12.7 million
  • Government obligations: $3.2 million
  • Short-term investments

The foundation receives no external contributions and generates its income entirely from investments.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$510K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$19,927,359$17,129,189$16,998,418
Revenue$1,854,116$621,210$719,714
Expenses$1,274,384$837,898$374,299
Qualifying Distributions$1,117,069$718,804$294,227
Net Investment Income$1,718,123$502,116$654,642
Distributable Amount$943,020$866,304$905,554

Giving Over Time

Total grant dollars and number of grants per year

$0$271K$541K$812K$1M17 grants202017 grants202117 grants202217 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Home for Little Wand…$246KBoston Children's Hospital$98KBoston Fatherless & Wido…$49KBoston Pilot's Relief So…$49KBoston Seaman's Friend S…$49KDimock Community Health …$49KGoddard House$49KManagers of Boston Port …$49KMassachusetts Eye & Ear …$49KMassachusetts Medical Be…$49K

Grant Size Distribution

85 grants across all recorded years

77<$50K4$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Richard K NicholsTrustee$31K

From 2024 filing

NameTitleHoursCompensation
Richard K NicholsTrustee1$31,429
Kristin T AbatiTrustee1

Contact Information

Administrator: Choate Hall & Stewart LLP
Phone: (617) 248-4760
Address: Two International Place, Boston, MA 02110

Related Funders

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

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