Ethel M Gainey Charitable Trust

Foundation · Grantmaker PLYMOUTH, MA EIN: 20-6605552

Ethel M Gainey Charitable Trust is a private foundation focused on Education, based in PLYMOUTH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $331K in total assets. In 2024, it awarded 4 grants totaling $22K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$331K

-2.5% YoY

Annual Giving

$22K

+5.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

+5.1% YoY

Under IRS private-foundation payout rules, Ethel M Gainey Charitable Trust reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Ethel M Gainey Charitable Trust

Based on IRS filings

Focus Areas

Education Environment Religion

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $117K (100%)

States

Massachusetts

Cities

FairhavenFall River

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$331,279	$339,775	$349,690
Revenue	$32,042	$14,271	$31,609
Expenses	$37,669	$27,212	$39,297
Qualifying Distributions	$27,856	$23,494	$28,988
Net Investment Income	$23,399	$10,654	$27,168
Distributable Amount	$22,340	$21,069	$22,296

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way of Greater Fall River Inc ($5,549), Union United Methodist Church ($5,549), Bristol Community College Foundation In ($5,549).

Recipient	Purpose	Amount
United Way of Greater Fall River Inc Fall River, MA	GENERAL USE	$5,549
Union United Methodist Church Fall River, MA	GENERAL USE	$5,549
Bristol Community College Foundation In Fall River, MA	GENERAL USE	$5,549
SouthCoast Hospital Group Fairhaven, MA	GENERAL USE	$5,549

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PLIMOTH INVESTMENT ADVISORS	TRUSTEE	1	$6,371

Subject Areas

Focus areas based on grantmaking activity

Education Environment Religion

Frequently Asked Questions

What is Ethel M Gainey Charitable Trust?

Ethel M Gainey Charitable Trust is a private foundation focused on Education, based in PLYMOUTH, MA. It holds $331K in total assets as of 2024.

How large is Ethel M Gainey Charitable Trust?

As of 2024, Ethel M Gainey Charitable Trust holds $331K in total assets with $32K in annual revenue. It awarded 4 grants totaling $22K in 2024.

Where does Ethel M Gainey Charitable Trust operate?

Ethel M Gainey Charitable Trust has awarded grants in Massachusetts.

What size grants does Ethel M Gainey Charitable Trust award?

In 2024, Ethel M Gainey Charitable Trust awarded 4 grants totaling $22K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Ethel M Gainey Charitable Trust required to give away each year?

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

What is Ethel M Gainey Charitable Trust's EIN?

Ethel M Gainey Charitable Trust's EIN (Employer Identification Number) is 20-6605552. IRS Form 990 filing data is available on this page for 2020–2024.