Iva & Jerome Preston Charitable Trust DBA

Private foundation · Grantmaker Boston, MA EIN: 04-6108371

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

11states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

BaltimoreKyleLos AngelesBevertonHamdenNew YorkQuincyAlexandriaBeavertonBrooklynNew OrleansOaklandPrincetonWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants2020 5 grants2021 6 grants2022 7 grants2023 7 grants2024 4 grants2025

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

Center for American Indian Health: $17KCenter for American IndianHealth$17KNational Network of Abortion Funds: $15KNational Network of AbortionFunds$15KRidgeview Conservancy: $13KRidgeview Conservancy$13KLakota Waldorf School: $6KLakota Waldorf School$6K

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

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 29 grants of 29 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Center for American Indian Health Baltimore, MDGeneral Purposes$17,000
National Network of Abortion Funds Beaverton, ORGeneral Purposes$15,000
Ridgeview Conservancy Princeton, NJGeneral Purposes$12,500
Lakota Waldorf School Kyle, SDGeneral Purposes$5,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. 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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