Frederick Henry Prince Testamentary Trust
The Frederick Henry Prince Testamentary Trust is a private foundation established in 1947 by investor Frederick Henry Prince. Based in Chicago, Illinois, it operates as a 501(c)(3) private foundation (designated as a 4947(a)(1) non-exempt charitable trust) composed of three separate funds supporting arts, social activism, and community development initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$4.2M
-2.7% YoY
Grant Count
203
-6.5% YoY
Avg Grant Size
$21K
+4.0% YoY
Mission & Focus Areas
The trust supports both apolitical and left-leaning nonprofit organizations. Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts and cultural programming
- Environmental conservation and advocacy
- Community development
Grantmaking
Grant Types
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Geographic Focus
Where this funder awards grants
The trust maintains active grantmaking in three primary regions:
- Chicago, Illinois
- Washington, D.C.
- Newport, Rhode Island
- Virginia (environmental and conservation initiatives)
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $119,892,632
- Total revenues: -$197,465
- Total expenses: $6,050,270
- Net assets: $111,796,588
Revenue Sources (2023):
- Sales of assets: $2,670,390 (42.5% of revenue)
- Other income: $3,607,384 (57.5% of revenue)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Frederick Henry Prince Testamentary Trust
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dreaming Out Loud Foundation ($85,000), All Voting Is Local ($50,000), Aquidneck Land Trust ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 3Arts Inc Chicago, IL | In honor of Esther Grimm | $1,250 |
| Africulture Unionville, VA | general operating support | $40,000 |
| ALL VOTING IS LOCAL Washington, DC | work to protect voter right and fair elections (3 year grant 2022-2024 $50,000 per year) | $50,000 |
| Allendale Association Inc Lake Villa, IL | general operating support | $2,000 |
| Alzheimers Disease and Related Disorders Association Inc Chicago, IL | general operating support | $100 |
| American Cancer Society Inc Atlanta, GA | for cervical cancer treatment and research in Chicago | $750 |
| Anacostia Coordinating Council Inc Washington, DC | general operating support | $2,500 |
| Animal Welfare League Chicago Ridge, IL | general operating support | $1,000 |
| Aquidneck Community Table Newport, RI | general operating support | $15,000 |
| Aquidneck Land Trust Middletown, RI | Newport Open Space Partnership | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Diana C Prince
- Patrick Wood-Prince
- Charles Twichell
The organization maintains a staff of 7 employees.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The Frederick Henry Prince Memorial Fund, administered through Newport Hospital, continues active grantmaking on Aquidneck Island. In 2025, the fund awarded $188,500 to programs serving youth in the Newport area. The fund maintains an annual application cycle for grants exceeding $100,000.
Newport Hospital\u2019s Frederick Henry Prince Memorial Fund awards $188,500\Frequently Asked Questions
What does Frederick Henry Prince Testamentary Trust fund?
The trust supports both apolitical and left-leaning nonprofit organizations. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and cultural programming • Environmental conservation and advocacy • Community development
How do I apply for a grant from Frederick Henry Prince Testamentary Trust?
**Grant Activity:** • Made 207 grants in the most recent reporting year • Total giving: $4,196,417 (2024) • Typical award range: $100,000–$305,000 • Recent grants include $200,000 to The Piedmont Environmental Council, $60,000 to Virginia Conservation Network, and $50,000 to Martin Luther King Community Center Incorporated **Grant Types:** • General operating support • Capital campaigns • Project-specific funding • Public education and advocacy support
Where does Frederick Henry Prince Testamentary Trust make grants?
The trust maintains active grantmaking in three primary regions: • Chicago, Illinois • Washington, D.C. • Newport, Rhode Island • Virginia (environmental and conservation initiatives)
What size grants does Frederick Henry Prince Testamentary Trust award?
In 2024, Frederick Henry Prince Testamentary Trust awarded 203 grants totaling $4.2M — an average of about $21K per grant, based on its IRS Form 990 filings.
What is Frederick Henry Prince Testamentary Trust's EIN?
Frederick Henry Prince Testamentary Trust's EIN (Employer Identification Number) is 36-6009208. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frederick Henry Prince Testamentary Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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