Margaret Collins Charitable Trust
Margaret Collins Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METHUEN, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 15 grants totaling $138K. Net investment income was $154K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+0.5% YoY
Annual Giving
$138K
+12.2% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$9K
+4.7% YoY
Under IRS private-foundation payout rules, Margaret Collins Charitable Trust reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret Collins Charitable Trust
Based on IRS filings
Margaret Collins Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METHUEN, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 15 grants totaling $138K. Net investment income was $154K.
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 | $2,418,368 | $2,407,313 | $2,476,059 |
| Revenue | $182,761 | $76,991 | $293,175 |
| Expenses | $170,555 | $154,066 | $185,553 |
| Qualifying Distributions | $139,085 | $129,313 | $175,850 |
| Net Investment Income | $154,291 | $58,155 | $285,472 |
| Distributable Amount | $130,867 | $138,445 | $146,290 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bread and Roses ($15,000), Lazarus House ($15,000), Lawrence General Hospital ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BREAD AND ROSES LAWRENCE, MA | POOR | $15,000 |
| ESSEX COUNTY COMMUNITY FOUNDATION DANVERS, MA | CHILDREN SERVICES | $8,000 |
| FAMILY SERVICES LAWRENCE, MA | EDUCATION AND AID TO POOR | $5,000 |
| JOEY FOURNIER SERVICES LAWRENCE, MA | CHARITABLE UNDERPRIVILEGED CHILDREN | $5,000 |
| LAWRENCE GENERAL HOSPITAL LAWRENCE, MA | HEALTH CARE CHARITABLE | $10,000 |
| LAZARUS HOUSE LAWRENCE, MA | CHARITABLE/POOR | $15,000 |
| MASS GENERAL HOSPITAL BOSTON, MA | CHARITABLE | $10,000 |
| MERRIMACK VALLEY FOOD BANK LOWELL, MA | POOR | $10,000 |
| MISSION OF DEEDS READING, MA | EDUCATION | $7,000 |
| MSPCA AT NEVINS FARM METHUEN, MA | ANIMAL WELFARE EDUCATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN T POLLANO | TRUSTEE | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret Collins Charitable Trust?
Margaret Collins Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METHUEN, MA. It holds $2.4M in total assets as of 2024.
How large is Margaret Collins Charitable Trust?
As of 2024, Margaret Collins Charitable Trust holds $2.4M in total assets with $183K in annual revenue. It awarded 15 grants totaling $138K in 2024.
Where does Margaret Collins Charitable Trust operate?
Margaret Collins Charitable Trust has awarded grants in California, Massachusetts.
What size grants does Margaret Collins Charitable Trust award?
In 2024, Margaret Collins Charitable Trust awarded 15 grants totaling $138K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Margaret Collins Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret Collins Charitable Trust reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret Collins Charitable Trust's EIN?
Margaret Collins Charitable Trust's EIN (Employer Identification Number) is 51-6542774. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret Collins Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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