Iva & Jerome Preston Charitable Trust DBA
Iva & Jerome Preston Charitable Trust DBA is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $607K in total assets. In 2025, it awarded 4 grants totaling $50K. Net investment income was $75K.
Key facts about Iva & Jerome Preston Charitable Trust DBA
In short: Iva & Jerome Preston Charitable Trust DBA gave $50K across 4 grants in 2025 (avg $13K), top state Maryland. Source: 2025 IRS Form 990-PF.
- EIN
- 04-6108371
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $50,000
- Grants made (2025)
- 4
- Average grant
- $12,500
- Median grant
- $13,750
- Total assets
- $607,499
- Primary geography
- Maryland (34% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$607K
+2.7% YoY
Annual Giving
$50K
+0.0% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$13K
+75.0% YoY
Under IRS private-foundation payout rules, Iva & Jerome Preston Charitable Trust DBA reported a distributable amount of $50K for 2025 — the minimum it must pay out in qualifying distributions.
How Iva & Jerome Preston Charitable Trust DBA gives
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 120% 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
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $47K (2020) to $56K (2022). In 2025 it made 4 grants totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Center for American Indian Health ($17K). Together the top 4 received $50K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 29 grants of 29 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center for American Indian Health Baltimore, MD | General Purposes | $17,000 |
| National Network of Abortion Funds Beaverton, OR | General Purposes | $15,000 |
| Ridgeview Conservancy Princeton, NJ | General Purposes | $12,500 |
| Lakota Waldorf School Kyle, SD | General Purposes | $5,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $607,499 | $591,398 | $609,375 |
| Revenue | $90,151 | $50,638 | $97,592 |
| Expenses | $73,855 | $68,272 | $64,513 |
| Qualifying Distributions | $59,768 | $50,000 | $50,000 |
| Net Investment Income | $75,250 | $31,613 | $83,871 |
| Distributable Amount | $49,915 | $48,245 | $46,697 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Iva & Jerome Preston Charitable Trust DBA's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ellen B. Cutler
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard M. Preston
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Iva & Jerome Preston Charitable Trust DBA
How much does Iva & Jerome Preston Charitable Trust DBA give each year?
Iva & Jerome Preston Charitable Trust DBA gave $50K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 7 grants.
What is Iva & Jerome Preston Charitable Trust DBA's typical grant size?
Iva & Jerome Preston Charitable Trust DBA's median grant in 2025 was $13,750, and its average grant was $12,500, across 4 grants on its 2025 IRS Form 990-PF.
Where does Iva & Jerome Preston Charitable Trust DBA give grants?
Iva & Jerome Preston Charitable Trust DBA's top state is Maryland, with 34% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Oregon (30%) and New Jersey (25%).
Does Iva & Jerome Preston Charitable Trust DBA give general operating support?
Yes: 100% of Iva & Jerome Preston Charitable Trust DBA's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Iva & Jerome Preston Charitable Trust DBA?
Iva & Jerome Preston Charitable Trust DBA reported $607K in total assets on its 2025 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $50K (roughly 5% of its investment assets).
What is Iva & Jerome Preston Charitable Trust DBA's EIN?
Iva & Jerome Preston Charitable Trust DBA's EIN (Employer Identification Number) is 04-6108371. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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