Guy L Marsters Jr FBO Andover Alumni Fund

Private foundation · Grantmaker Norwich, NY EIN: 16-6342884

Guy L Marsters Jr FBO Andover Alumni Fund is a private foundation, based in Norwich, NY. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $124K in total assets. In 2026, it awarded 1 grant totaling $7K. Net investment income was $8K.

Key facts about Guy L Marsters Jr FBO Andover Alumni Fund

In short: Guy L Marsters Jr FBO Andover Alumni Fund gave $7K across 1 grant in 2026 (avg $7K), mostly in Massachusetts. Source: 2026 IRS Form 990-PF.

EIN
16-6342884
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$6,924
Grants made (2026)
1
Average grant
$6,924
Median grant
$6,924
Total assets
$124,281
Primary geography
Massachusetts (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$124K

-0.4% YoY

Annual Giving

$7K

+0.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$7K

+0.8% YoY

Under IRS private-foundation payout rules, Guy L Marsters Jr FBO Andover Alumni Fund reported a distributable amount of $7K for 2026 — the minimum it must pay out in qualifying distributions.

How Guy L Marsters Jr FBO Andover Alumni Fund gives

  • Giving held roughly steady from 2023 to 2026 (−14%). Method
  • In 2026 it paid out 116% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2026 grant dollars on its one itemized grant.

Cities

Andover

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2020 to 2026, annual grant giving ranged from $7K (2024) to $8K (2020). In 2026 it made 1 grant totaling $7K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2026

Phillips Academy: $7KPhillips Academy$7K

The largest 2026 recipient was Phillips Academy ($7K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Phillips Academy Andover, MAAndover Alumni Fund -$6,924

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$124,281$124,814$126,163
Revenue$9,504$8,135$3,778
Expenses$10,020$9,484$9,070
Qualifying Distributions$8,209$7,824$7,501
Net Investment Income$7,839$6,499$2,574
Distributable Amount$7,061$6,844$6,569

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS June 5, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Guy L Marsters Jr FBO Andover Alumni Fund's only listed officer is NBT Bank NA, Trustee on every filing since 2020 (compensated).

Officers on the 2026 filing

  • NBT Bank NA

    Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $2K (2026)

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

NBT Bank NA — Trustee: $2KNBT Bank NATrustee$2K

The highest reported compensation on the 2026 filing was $2K, to NBT Bank NA (Trustee).

Frequently asked questions about Guy L Marsters Jr FBO Andover Alumni Fund

How much does Guy L Marsters Jr FBO Andover Alumni Fund give each year?

Guy L Marsters Jr FBO Andover Alumni Fund gave $7K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $7K across 1 grant.

How large is Guy L Marsters Jr FBO Andover Alumni Fund?

Guy L Marsters Jr FBO Andover Alumni Fund reported $124K in total assets on its 2026 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

Where does Guy L Marsters Jr FBO Andover Alumni Fund operate?

Guy L Marsters Jr FBO Andover Alumni Fund has awarded grants in Massachusetts.

What is Guy L Marsters Jr FBO Andover Alumni Fund's EIN?

Guy L Marsters Jr FBO Andover Alumni Fund's EIN (Employer Identification Number) is 16-6342884. IRS Form 990 filing data is available on this page for 2020–2026.

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

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