Marcella Masinda Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 1 grants totaling $19K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
-0.8% YoY
Annual Giving
$19K
-26.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$19K
-26.7% YoY
Under IRS private-foundation payout rules, Marcella Masinda Trust reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Marcella Masinda Trust
Based on IRS filings
Marcella Masinda Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 1 grants totaling $19K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,467 | $247,447 | $235,613 |
| Revenue | $24,262 | $43,811 | $37,339 |
| Expenses | $26,687 | $32,055 | $40,420 |
| Qualifying Distributions | $19,834 | $28,226 | $36,774 |
| Net Investment Income | $21,295 | $39,982 | $33,693 |
| Distributable Amount | $18,628 | $16,890 | $18,369 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ria Saxena ($18,534).
| Recipient | Purpose | Amount |
|---|---|---|
| RIA SAXENA SOUTH WINDSOR, CT | SCHOLARSHIP FOR GEORGE WASHINGTON UNIVERSITY | $18,534 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIME BANK | TRUSTEE | 1 | $3,886 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marcella Masinda Trust?
Marcella Masinda Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWICH, CT. It holds $245K in total assets as of 2024.
How large is Marcella Masinda Trust?
As of 2024, Marcella Masinda Trust holds $245K in total assets with $24K in annual revenue. It awarded 1 grants totaling $19K in 2024.
Where does Marcella Masinda Trust operate?
Marcella Masinda Trust has awarded grants in Connecticut.
What size grants does Marcella Masinda Trust award?
In 2024, Marcella Masinda Trust awarded 1 grants totaling $19K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Marcella Masinda Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marcella Masinda Trust reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marcella Masinda Trust's EIN?
Marcella Masinda Trust's EIN (Employer Identification Number) is 59-7262296. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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