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 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 13 grants totaling $142K. Net investment income was $58K.
Key facts about Margaret W Soule Charitable Trust
In short: Margaret W Soule Charitable Trust gave $142K across 13 grants in 2025 (avg $11K), mostly in Maine. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 01-6168256
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $142,000
- Grants made (2025)
- 13
- Average grant
- $10,923
- Median grant
- $9,600
- New grantees (estimate)
- 0% first-time grantees (0 of 13, 2025)
- Total assets
- $1,202,652
- Primary geography
- Maine (91% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.2M
-7.8% YoY
Annual Giving
$142K
+6.8% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$11K
+6.8% YoY
Under IRS private-foundation payout rules, Margaret W Soule Charitable Trust reported a distributable amount of $157K for 2025 — the minimum it must pay out in qualifying distributions.
Is Margaret W Soule Charitable Trust open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 13 grantees (0%) were first-time recipients. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PREBLE STREET Portland, ME | GENERAL PURPOSE | $16,000 |
| DEMPSEY CENTER Auburn, ME | GENERAL PURPOSE | $16,000 |
| ANIMAL REFUGE LEAGUE OF GREATER Westbrook, ME | GENERAL | $16,000 |
| WAYFINDER SCHOOLS New Gloucester, ME | EDUCATION | $16,000 |
| MAINE COAST HERITAGE TRUST Topsham, ME | GENERAL PURPOSE | $10,500 |
| HOSPICE OF SOUTHERN MAINE Scarborough, ME | GENERAL PURPOSE | $9,600 |
| MAINE PRESERVATION Yarmouth, ME | GENERAL PURPOSE | $9,600 |
| RIDING TO THE TOP Windham, ME | GENERAL PURPOSE | $9,600 |
| WAYNFLETE SCHOOL Portland, ME | GENERAL PURPOSE | $9,600 |
| United Recovery Fund Portland, ME | GENERAL PURPOSE | $9,600 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,202,652 | $1,303,721 | $1,265,466 |
| Revenue | $75,257 | $201,419 | $98,422 |
| Expenses | $175,907 | $163,086 | $151,981 |
| Qualifying Distributions | $154,271 | $139,929 | $135,986 |
| Net Investment Income | $57,518 | $179,971 | $79,474 |
| Distributable Amount | $156,714 | $141,038 | $121,120 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
Leadership & Key People
Officers and directors from IRS filings
Margaret W Soule Charitable Trust is led by Hm Payson Co, Trustee on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2025 filing
Hm Payson Co
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $22K (2025)
Former officers (1)
- Former: Verrill Dana (2020–2024) — Trustee
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.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Margaret W Soule Charitable Trust
How much does Margaret W Soule Charitable Trust give each year?
Margaret W Soule Charitable Trust gave $142K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $133K across 13 grants.
What is Margaret W Soule Charitable Trust's typical grant size?
Margaret W Soule Charitable Trust's median grant in 2025 was $9,600, and its average grant was $10,923, across 13 grants on its 2025 IRS Form 990-PF.
Where does Margaret W Soule Charitable Trust give grants?
Margaret W Soule Charitable Trust gives mostly in Maine: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Portland, ME (4 grants).
Does Margaret W Soule Charitable Trust give general operating support?
Yes: 85% of Margaret W Soule Charitable Trust's 2025 grants with a stated purpose (11 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Margaret W Soule Charitable Trust's largest grantees?
Margaret W Soule Charitable Trust's largest 2025 grantees include Preble Street ($16,000), Dempsey Center ($16,000) and Animal Refuge League of Greater ($16,000), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.
How large is Margaret W Soule Charitable Trust?
Margaret W Soule Charitable Trust reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $154K in qualifying distributions that year, against a required minimum of $157K (roughly 5% of its investment assets).
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 $1.2M in total assets as of 2025.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Margaret W Soule Charitable Trust by hand.
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