Margaret W Soule Charitable Trust
Margaret W Soule Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 13 grants totaling $133K. Net investment income was $180K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+3.0% YoY
Annual Giving
$133K
+5.6% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$10K
+5.6% YoY
Under IRS private-foundation payout rules, Margaret W Soule Charitable Trust reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret W Soule Charitable Trust
Based on IRS filings
Margaret W Soule Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 13 grants totaling $133K. Net investment income was $180K.
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 | $1,303,721 | $1,265,466 | $1,310,794 |
| Revenue | $201,419 | $98,422 | $55,175 |
| Expenses | $163,086 | $151,981 | $156,353 |
| Qualifying Distributions | $139,929 | $135,986 | $132,577 |
| Net Investment Income | $179,971 | $79,474 | $36,216 |
| Distributable Amount | $141,038 | $121,120 | $124,004 |
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
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Preble Street ($15,000), Dempsey Center ($15,000), Animal Refuge League of Greater ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOSPICE OF SOUTHERN MAINE SCARBOROUGH, ME | GENERAL PURPOSE | $9,000 |
| MAINE COAST HERITAGE TRUST TOPSHAM, ME | GENERAL PURPOSE | $10,000 |
| MAINE PRESERVATION YARMOUTH, ME | GENERAL PURPOSE | $9,000 |
| MIDDLEBURY COLLEGE MIDDLEBURY, VT | GENERAL PURPOSE | $6,000 |
| PREBLE STREET PORTLAND, ME | GENERAL PURPOSE | $15,000 |
| RIDING TO THE TOP WINDHAM, ME | GENERAL PURPOSE | $9,000 |
| WAYNFLETE SCHOOL PORTLAND, ME | GENERAL PURPOSE | $9,000 |
| OLYMPIA SNOWE WOMENS LEADERSHIP PORTLAND, ME | EDUCATION | $6,000 |
| DEMPSEY CENTER AUBURN, ME | GENERAL PURPOSE | $15,000 |
| ANIMAL REFUGE LEAGUE OF GREATER WESTBROOK, ME | GENERAL | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HM PAYSON CO | TRUSTEE | 1 | $21,144 |
| VERRILL DANA | TRUSTEE | 1 | $5,771 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret W Soule Charitable Trust?
Margaret W Soule Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. It holds $1.3M in total assets as of 2024.
How large is Margaret W Soule Charitable Trust?
As of 2024, Margaret W Soule Charitable Trust holds $1.3M in total assets with $201K in annual revenue. It awarded 13 grants totaling $133K in 2024.
Where does Margaret W Soule Charitable Trust operate?
Margaret W Soule Charitable Trust has awarded grants in Massachusetts, Maine, Vermont.
What size grants does Margaret W Soule Charitable Trust award?
In 2024, Margaret W Soule Charitable Trust awarded 13 grants totaling $133K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Margaret W Soule Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret W Soule Charitable Trust reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret W Soule Charitable Trust's EIN?
Margaret W Soule Charitable Trust's EIN (Employer Identification Number) is 01-6168256. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret W Soule 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.