George B Foster Memorial Trust

HANOVER, MA EIN: 04-6725453

George B Foster Memorial Trust is a private foundation focused on Education, based in HANOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 3 grants totaling $12K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$232K

+1.5% YoY

Annual Giving

$12K

-40.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$4K

-40.0% YoY

About George B Foster Memorial Trust

Based on IRS filings

George B Foster Memorial Trust is a private foundation focused on Education, based in HANOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 3 grants totaling $12K. Net investment income was $17K.

Focus Areas

Ready to take the next step with George B Foster Memorial Trust?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Buckfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6K$13K$19K$25K20202021202220232024
Metric202420232022
Total Assets$231,707$228,191$243,119
Revenue$19,063$7,736$22,726
Expenses$15,608$22,745$18,407
Qualifying Distributions$13,607$20,967$16,511
Net Investment Income$17,139$6,271$20,801
Distributable Amount$13,337$12,989$13,160

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants20200 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Collin McGarr$4KAustin Gates$4KEthan Gates$4K

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$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

Rockland trust companyCo-Trustee$4K

From 2024 filing

NameTitleHoursCompensation
Rockland trust companyCo-Trustee2$3,745
JERALD WILEYCo-Trustee1
Don DarlingCo-Trustee1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with George B Foster Memorial Trust on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities