Macricostas Scholarship Trust Inc

BROOKFIELD, CT EIN: 06-1462843

Macricostas Scholarship Trust Inc is a private foundation focused on Education, based in BROOKFIELD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94K in total assets. In 2024, it awarded 29 grants totaling $47K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$94K

-34.0% YoY

Annual Giving

$47K

+13.4% YoY

Grant Count

29

+0.0% YoY

Avg Grant Size

$2K

+13.4% YoY

Under IRS private-foundation payout rules, Macricostas Scholarship Trust Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Macricostas Scholarship Trust Inc

Based on IRS filings

Macricostas Scholarship Trust Inc is a private foundation focused on Education, based in BROOKFIELD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94K in total assets. In 2024, it awarded 29 grants totaling $47K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states
+7 more states

Cities

AlbanyArlingtonAthensAustinBaltimoreBoiseBostonBristolBrooklynCollege StationCollege StationcollegeCosta MesaDanburyDavisElonGreshamHamdenHoustonJacksonJohnson City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$66K$100K$133K20202021202220232024
Metric202420232022
Total Assets$94,290$142,962$62,697
Revenue$120,825$27,942
Expenses$50,047$41,560$42,312
Qualifying Distributions$47,000$41,438$39,438
Net Investment Income$825$2,942
Distributable Amount$6,674$5,562$4,350

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$35K$47K29 grants202027 grants202120 grants202229 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTHEASTERN UNIVERSITY …$3KUNIVERSITY OF TEXAS AT A…$3KFASHION INSTITUTE OF DES…$3KMCGILL UNIVERSITY ON BEH…$3KBOISE STATE UNIVERSITY O…$3KUNIVERSITY OF IDAHO ON B…$3KTEXAS A&M ON BEHALF OF E…$2KSUNY ON BEHALF OF SAMANT…$2KQUINNIPIAC UNIVERSITY ON…$2KUNION UNIVERSITY ON BEHA…$2K

Grant Size Distribution

134 grants across all recorded years

134<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northeastern University on Behalf of Aleena Jacob ($2,875), University of Texas at Austin on Behalf of Connie Cai ($2,875), Fashion Institute of Design and Merchandising on Behalf of Natalie Chatergo ($2,750).

RecipientPurposeAmount
BOISE STATE UNIVERSITY ON BEHALF OF CADEN CRITES BOISE, IDSCHOLARSHIP$2,625
BOISE STATE UNIVERSITY ON BEHALF OF CAMERON CRITES BOISE, IDSCHOLARSHIP$500
BRINGHAM YOUNG UNIVERSITY ON BEHALF OF ALEX MELENDEZ PROVO, UTSCHOLARSHIP$500
CENTRAL CONNECTICUT STATE UNIVERSITY ON BEHALF OF HOLLY SUTTILE NEW BRITAIN, CTSCHOLARSHIP$1,125
CENTRAL CONNECTICUT STATE UNIVERSITY ON BEHALF OF MORGAN SUTTILE NEW BRITAIN, CTSCHOLARSHIP$1,875
CENTRAL CONNECTICUT STATE UNIVERSITY ON BEHALF OF SPENCER SUTTILE NEW BRITAIN, CTSCHOLARSHIP$875
COLLIN COLLEGE ON BEHALF OF CHLOE WALTON MCKINNEY, TXSCHOLARSHIP$750
DUTCHESS COMMUNITY COLLEGE ON BEHALF OF GARRETT TURNER POUGHKEEPSIE, NYSCHOLARSHIP$625
FASHION INSTITUTE OF DESIGN AND MERCHANDISING ON BEHALF OF NATALIE CHATERGO LOS ANGELES, CASCHOLARSHIP$2,750
MCGILL UNIVERSITY ON BEHALF OF RAYMOND SHU SCHOLARSHIP$2,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CONSTANTINE S MACRICOSTASCHAIRMAN/DIRECTOR
ELLIE ZHANGSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Macricostas Scholarship Trust Inc?

Macricostas Scholarship Trust Inc is a private foundation focused on Education, based in BROOKFIELD, CT. It holds $94K in total assets as of 2024.

How large is Macricostas Scholarship Trust Inc?

As of 2024, Macricostas Scholarship Trust Inc holds $94K in total assets. It awarded 29 grants totaling $47K in 2024.

Where does Macricostas Scholarship Trust Inc operate?

Macricostas Scholarship Trust Inc has awarded grants in California, Connecticut, Idaho, Massachusetts, Maryland, North Carolina, New York, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Utah, Virginia, Washington.

What size grants does Macricostas Scholarship Trust Inc award?

In 2024, Macricostas Scholarship Trust Inc awarded 29 grants totaling $47K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Macricostas Scholarship Trust Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Macricostas Scholarship Trust Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Macricostas Scholarship Trust Inc's EIN?

Macricostas Scholarship Trust Inc's EIN (Employer Identification Number) is 06-1462843. IRS Form 990 filing data is available on this page for 2020–2024.

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

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