Fuller Trust Inc
Fuller Trust Inc is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 6 grants totaling $224K. Net investment income was $164K.
Fuller Trust Inc at a glance
In short: Fuller Trust Inc gave $224K across 6 grants in 2024 (avg $37K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $223,960
- -18.9% vs 2023
- Grants made (2024)
- 6
- +20.0% vs 2023
- Average grant
- $37,327
- -32.4% vs 2023
- Median grant
- $25,000
- Total assets
- $2,477,651
- -3.1% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Fuller Trust Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Rogerson Communities ($100K). Together the top 6 received $224K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 9 grants of 17 (53%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Fuller Trust Inc gives
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2024, annual grant giving ranged from $108K (2022) to $276K (2023). In 2024 it made 6 grants totaling $224K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rogerson Communities Boston, MA | Housing Assistance to Low Income Households | $100,000 |
| Pine Street Inn Boston, MA | Housing Programs for Low Income Seniors | $50,000 |
| 2LIFE Communities Brighton, MA | To Provide Housing Assistance for Low-Income Seniors | $25,000 |
| Hearth Inc Boston, MA | Housing Assistance for Low Income Seniors | $25,000 |
| Milton Fuller Housing Corp Milton, MA | Provide Housing and Related Services to Indigent Elderly | $23,560 |
| James E Larkin Inc West Roxbury, MA | Provide Moving Assistance for Elderly Households | $400 |
Ready to take the next step with Fuller Trust Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,477,651 | $211,681 | $289,900 | $223,960 | 6 | $239,497 | $164,293 | $301,525 |
| 2023 | $2,555,870 | $176,626 | $398,144 | $276,136 | 5 | $305,374 | $88,248 | $276,131 |
| 2022 | $2,832,966 | $101,027 | $167,249 | $108,297 | 2 | $108,297 | $90,325 | $275,537 |
| 2021 | $2,899,188 | $286,335 | $319,386 | $227,004 | 3 | $227,004 | $280,342 | $295,795 |
| 2020 | $3,212,239 | $241,026 | $288,398 | $181,615 | 1 | — | $199,720 | — |
Under IRS private-foundation payout rules, Fuller Trust Inc reported a distributable amount of $302K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fuller Trust Inc is led by Thomas P. Jalkut, Trustee since 2022 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Thomas P. Jalkut
Trustee
Co-Trustee → Trustee, 2022
On filings since 2020
3 hrs/week
$8K (2020) → $0 (2024)
Former officers (1)
- Former: James R. Degiacomo (2020–2021) — Co-Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $20K, to Thomas P Jalkut (Co-Trustee).
Frequently asked questions about Fuller Trust Inc
How much does Fuller Trust Inc give each year?
Fuller Trust Inc gave $224K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $276K across 5 grants.
What is Fuller Trust Inc's typical grant size?
Fuller Trust Inc's median grant in 2024 was $25,000, and its average grant was $37,327, across 6 grants on its 2024 IRS Form 990-PF.
Where does Fuller Trust Inc give grants?
Fuller Trust Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (3 grants).
Does Fuller Trust Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Fuller Trust Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Fuller Trust Inc's largest grantees?
Fuller Trust Inc's largest 2024 grantees include Rogerson Communities ($100,000), Pine Street Inn ($50,000) and 2LIFE Communities ($25,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is Fuller Trust Inc?
Fuller Trust Inc reported $2.5M in total assets on its 2024 IRS Form 990-PF. It paid out $239K in qualifying distributions that year, against a required minimum of $302K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Fuller Trust Inc's EIN?
Fuller Trust Inc's EIN (Employer Identification Number) is 04-2104243. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Fuller Trust Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation supports economic inclusion and mobility, including small businesses, early childhood development, affordable housing, and workforce development. Its 2025 grants ranged from $50 to $2,002,500, with a median of $2,500, primarily in Massachusetts and also in New Hampshire and Rhode Island. It accepts online applications and does not limit giving to preselected organizations.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Amelia Peabody Charitable Fund Trust
Boston, MA
This fund supports Massachusetts nonprofits in medicine, social welfare, visual arts, historic preservation, and land conservation, but only for capital projects and purchases. In 2024, grants ranged from $15,000 to $4 million, with a median of $90,000. It invites applications from eligible organizations through its application process.
Assets
$121.5M
Grants
54
Total Given
$15.2M
Rubblestone Foundation
Jamaica Plain, MA
Assets
$624K
Grants
25
Total Given
$32K
Boston Evening Clinic Foundation Inc
Newton, MA
The foundation funds healthcare services and related programs, equipment, case management, and occasional renovations for low-income people, families, and older adults, prioritizing community-based agencies in Greater Boston within Interstate 128. Its 2025 grants ranged from $3,000 to $10,000, with a median of $7,500. It accepts applications through the Philanthropy Massachusetts Common Proposal Form, submitted by mail or courier.
Assets
$6.5M
Grants
58
Total Given
$409K
Alchemy Foundation
Cambridge, MA
Alchemy Foundation supports charitable organizations, with recent grants for general support to organizations in California and Colorado. Its 2025 grants were $10,000 each, though it made much larger numbers of grants in 2023 and 2024. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$8.1M
Grants
2
Total Given
$20K
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Fuller Trust Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Fuller Trust Inc down — hundreds of funders to go?