Nbt Charitable Trust
Nbt Charitable Trust is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 7 grants totaling $250K. Net investment income was $398K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+4.1% YoY
Annual Giving
$250K
-48.2% YoY
Grant Count
7
-53.3% YoY
Avg Grant Size
$36K
+11.0% YoY
Under IRS private-foundation payout rules, Nbt Charitable Trust reported a distributable amount of $258K for 2024 — the minimum it must pay out in qualifying distributions.
About Nbt Charitable Trust
Based on IRS filings
Nbt Charitable Trust is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 7 grants totaling $250K. Net investment income was $398K.
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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 | $2,846,061 | $2,735,177 | $2,601,401 |
| Revenue | $414,365 | $651,837 | $144,750 |
| Expenses | $298,036 | $511,094 | $147,128 |
| Qualifying Distributions | $266,836 | $495,665 | $126,214 |
| Net Investment Income | $398,221 | $630,182 | $118,998 |
| Distributable Amount | $258,350 | $238,995 | $244,976 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Philanthropy Massachusetts Inc ($50,000), Courageous Sailing Center for Youth Inc ($50,000), The Discovery Museum ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Philanthropy Massachusetts Inc Boston, MA | SUMMER PROGRAM | $50,000 |
| West End House Girls Camp ALLSTON, MA | GIRLS CAMP | $25,000 |
| Boston Private Industry Council Inc BOSTON, MA | SUMMER LEARNING PROJECT | $35,000 |
| Courageous Sailing Center for Youth Inc BOSTON, MA | STEPS TO LEAD PROGRAM | $50,000 |
| WriteBoston BOSTON, MA | SUMMER JOURNALISM INSTITUTE | $20,000 |
| THE DISCOVERY MUSEUM ACTON, MA | CHILDREN'S PROGRAMS | $50,000 |
| SOMEONE ELSE'S CHILD DORCHESTER, MA | SUMMER PROGRAM | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH A WHEELOCK III | TRUSTEE (SEE FOOTNOTE) | 2 | — |
| RICHARD K NICHOLS | TRUSTEE (SEE FOOTNOTE) | 2 | $25,108 |
| ANDRONICA T WHEELOCK | TRUSTEE (SEE FOOTNOTE) | 2 | — |
Frequently Asked Questions
How large is Nbt Charitable Trust?
As of 2024, Nbt Charitable Trust holds $2.8M in total assets with $414K in annual revenue. It awarded 7 grants totaling $250K in 2024.
Where does Nbt Charitable Trust operate?
Nbt Charitable Trust has awarded grants in Massachusetts.
What size grants does Nbt Charitable Trust award?
In 2024, Nbt Charitable Trust awarded 7 grants totaling $250K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Nbt Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nbt Charitable Trust reported a distributable amount of $258K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nbt Charitable Trust's EIN?
Nbt Charitable Trust's EIN (Employer Identification Number) is 04-6677641. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nbt 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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