Massachusetts Inst of Tech Trust

Private foundation · Grantmaker Paoli, PA EIN: 23-6297385

Massachusetts Inst of Tech Trust is a private foundation, based in Paoli, PA. IRS filing data is available from 2019 through 2020. In 2020, it awarded 3 grants totaling $977K. Net investment income was $28K.

Massachusetts Inst of Tech Trust at a glance

In short: Massachusetts Inst of Tech Trust gave $977K across 3 grants in 2020 (avg $326K), mostly in Massachusetts. Source: 2020 IRS Form 990-PF.

Annual giving (2020)
$977,230
+2295.9% vs 2019
Grants made (2020)
3
+200.0% vs 2019
Average grant
$325,743
+698.6% vs 2019
Median grant
$182,707
Primary geography
Massachusetts (100% of itemized 2020 grant dollars)
Latest 990 filing
Form 990-PF, 2020 View filing

Data from IRS Form 990-PF, 2020; updated September 2026.

Who Massachusetts Inst of Tech Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2020

Massachusetts Institute of Technology: $977K across 3 grantsMassachusetts Institute ofTechnology$977K · 3 grants

The largest 2020 recipient was Massachusetts Institute of Technology ($977K across 3 grants).

Grant Size Distribution

4 grants across all recorded years

2<$50K$50–100K1$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2020 grant dollars across all 3 itemized grants.

Cities

Cambridge

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2019 3 grants2020

From 2019 to 2020, annual grant giving ranged from $41K (2019) to $977K (2020). In 2020 it made 3 grants totaling $977K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Massachusetts Institute of Technology Cambridge, MAFbo recipient (statement a: various securities: distribution of assets in complete termination)$774,117
Massachusetts Institute of Technology Cambridge, MAFbo recipient (statement a: distribution of cash in complete termination)$182,707
Massachusetts Institute of Technology Cambridge, MAFBO Recipient$20,406
Your AI grants department

Ready to take the next step with Massachusetts Inst of Tech Trust?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2020—$35,188$1,000,244$977,2303$27,658$52,887
2019$965,056$47,030$63,795$40,7881$42,585$75,655

Under IRS private-foundation payout rules, Massachusetts Inst of Tech Trust reported a distributable amount of $53K for 2020 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Massachusetts Inst of Tech Trust's 2020 filing lists 2 officers; none of the 2 officers listed in 2020 report compensation.

Officers on the 2020 filing

  • Lucy B. Newlin Sellers

    Trustee

    On filings since 2019

    No compensation reported

  • William Verplank Newlin

    Trustee

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Massachusetts Inst of Tech Trust

How much does Massachusetts Inst of Tech Trust give each year?

Massachusetts Inst of Tech Trust gave $977K across 3 grants in 2020, according to its 2020 IRS Form 990-PF. In 2019 it gave $41K across 1 grant.

What is Massachusetts Inst of Tech Trust's typical grant size?

Massachusetts Inst of Tech Trust's median grant in 2020 was $182,707, and its average grant was $325,743, across 3 grants on its 2020 IRS Form 990-PF.

Where does Massachusetts Inst of Tech Trust give grants?

Massachusetts Inst of Tech Trust gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cambridge, MA (3 grants).

Does Massachusetts Inst of Tech Trust give general operating support?

Not in 2020: none of the 3 grants with a stated purpose on Massachusetts Inst of Tech Trust's 2020 IRS Form 990-PF were described as general or operating support.

How much is Massachusetts Inst of Tech Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Massachusetts Inst of Tech Trust reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Massachusetts Inst of Tech Trust's EIN?

Massachusetts Inst of Tech Trust's EIN (Employer Identification Number) is 23-6297385. IRS Form 990 filing data is available on this page for 2019–2020.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
  2. IRS filings on file for fiscal year 2020

Explore Open Grants

Browse active grant opportunities in Massachusetts Inst of Tech Trust's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Ud Klingler Charitable Fdn

Dallas, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.9M

Grants

5

Total Given

$176K

Hirji Wigglesworth Family Foundation

Los Angeles, CA

Philanthropy, Voluntarism & Grantmaking

Assets

$136.6M

Grants

1

Total Given

$5.2M

Franklin W Olin College of Engineering Inc

Needham, MA

Franklin W. Olin College of Engineering primarily supports engineering education and related learning initiatives; its filings show one $10,000 grant in each of 2023 and 2024, but none in 2025. It is based in Needham, Massachusetts, and no grantmaking geographic focus is specified. Its website describes grant support for Olin faculty and staff, not an application program for outside organizations.

Education

Assets

$511.0M

Grants

0

Total Given

$587K

Freedom Together Foundation

New York, NY

The foundation funds work to strengthen multiracial democracy and build community and worker power, racial and gender justice, movement infrastructure, reproductive health, medical research, and community institutions. In 2024, its grants ranged from $5,000 to $14 million, with a median of $500,000; its largest shares went to organizations in Washington, DC, New York, California, Massachusetts, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.4B

Grants

595

Total Given

$470.0M

Change Happens Foundation

Urbandale, IA

Change Happens Foundation funds environmental science, education, and human services, including sustainable environmental solutions, early education and STEM, and nutrition and community health. Its 2024 grants ranged from $250 to $50,000, with a median of $17,500; it supports national or global work and local initiatives primarily in Iowa, with occasional funding in the San Francisco Bay Area, Santa Barbara County, and Puget Sound. It accepts online letters of inquiry and invites selected applicants to submit a full proposal.

Philanthropy, Voluntarism & Grantmaking

Assets

$17.8M

Grants

12

Total Given

$255K

The Nell Newman Foundation Inc

Santa Cruz, CA

The Nell Newman Foundation supports humanitarian, scientific, and environmental work, with interests including ecology, education, arts, and human services; recent grants went mainly to organizations in California, Oregon, Washington, and Vermont. Its 2025 grants ranged from $1,000 to $15,000, with a median of $10,000. It does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$86K

Grants

10

Total Given

$85K

More similar funders

More Funders in Pennsylvania

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Massachusetts Inst of Tech Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Massachusetts Inst of Tech Trust down — hundreds of funders to go?

Want AI to do this for you?