NBT II Foundation JH3540
NBT II Foundation JH3540 is a private foundation based in Boston, Massachusetts. Its 2025 filing reports $900,000 in grants to 22 organizations; the foundation states that it gives only to preselected charitable organizations and does not accept unsolicited requests.
NBT II Foundation JH3540 at a glance
In short: NBT II Foundation JH3540 gave $900K across 22 grants in 2025 (avg $41K), mostly in Massachusetts. 29% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $900,000
- +0.0% vs 2024
- Grants made (2025)
- 22
- +4.8% vs 2024
- Average grant
- $40,909
- -4.5% vs 2024
- Median grant
- $35,000
- Total assets
- $11,085,758
- +5.5% vs 2024
- New grantees (estimate)
- 29% first-time grantees (6 of 21, 2025; small sample)
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to NBT II Foundation JH3540
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 50 Congress St Ste 832, Boston, MA 02109-4017
Phone: (617) 523-6800
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who NBT II Foundation JH3540 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Broad Institute Inc ($150K). Together the top 10 received $640K.
Organizations only. It also paid 1 individual scholarship ($35,000), which are not listed by name.
Grant Size Distribution
111 grants across all recorded years
The most common grant size was under $50K: 94 grants of 111 (85%).
Geographic Focus
Where this funder awards grants
All reported grant dollars in 2025 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 22 itemized grants.
States
Cities
Is NBT II Foundation JH3540 open to new grantees?
29%
first-time grantees, 2025
In 2025, 6 of 21 grantees (29%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $35K; repeat grants $44K. How we count
Medians: $33K first-time, $35K repeat.
- 67% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $430K (2023) to $1.1M (2019). In 2025 it made 22 grants totaling $900K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Broad Institute Inc Cambridge, MA | Institute's Pediatric | $150,000 |
| Household Goods Boston, MA | Charitable | $100,000 |
| Cure Alzheimer's Fund Wellesley Hills, MA | Immunotherapies Targeting | $100,000 |
| Groton Hill Music Center Groton, MA | Unrestricted Support | $50,000 |
| Youthbuild Boston Inc Roxbury, MA | Building Trades Exploration | $45,000 |
| Hyde Square Task Force Jamaica Plain, MA | Unrestricted Support | $40,000 |
| Artists for Humanity Boston, MA | Youth Arts Enterprise | $40,000 |
| Year up United Boston, MA | Charitable | $40,000 |
| Conservatory Lab Charter School Boston, MA | Support of the Revolution | $40,000 |
| Zumix Boston, MA | Unrestricted Support | $35,000 |
Ready to take the next step with NBT II Foundation JH3540?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $11,085,758 | $1,704,024 | $1,028,058 | $900,000 | 22 | $973,752 | $1,651,651 | $923,096 |
| 2024 | $10,510,426 | $690,073 | $1,027,817 | $900,000 | 21 | $956,073 | $637,802 | $917,633 |
| 2023 | $10,867,125 | $1,205,285 | $524,731 | $430,000 | 13 | $478,807 | $1,135,760 | $812,658 |
| 2022 | $10,210,652 | $652,477 | $946,034 | $815,000 | 28 | $870,906 | $567,372 | $813,850 |
| 2021 | $10,536,516 | $1,320,992 | $1,190,439 | $1,080,000 | 27 | $1,136,755 | $1,247,296 | $840,430 |
| 2020 | $10,434,890 | $-157,281 | $1,184,205 | $1,082,000 | 26 | — | $281,191 | $757,526 |
| 2019 | $11,781,760 | $273,348 | $1,214,334 | $1,096,700 | 22 | — | $313,506 | $765,735 |
Under IRS private-foundation payout rules, NBT II Foundation JH3540 reported a distributable amount of $923K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants went to organizations working in areas including biomedical research, household furnishings for people in need, youth education and employment, and arts and creative development. For example, the Broad Institute describes its work as research to understand and treat disease, while Household Goods says it provides donated furniture and household items free of charge to people in need. YouthBuild Boston describes its mission as providing educational and skills training for low-income youth, and Artists for Humanity says it uses mentorship and paid professional experiences to inspire teens.
Grantmaking
In 2025, the foundation gave $900,000 through 22 grants. Grants ranged from $2,500 to $150,000, with a median of $35,000. Among the largest reported grants were $150,000 to the Broad Institute, $100,000 to Household Goods, $100,000 to Cure Alzheimer’s Fund, and $50,000 to Groton Hill Music Center. Other grants included $45,000 to YouthBuild Boston and $40,000 each to Hyde Square Task Force and Artists for Humanity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Richard K Nichols, Joseph A Wheelock III, and Andronica Stanley-Wheelock as trustees.
NBT II Foundation JH3540's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Richard K. Nichols See Footnote
Trustee
On filings since 2019
2 hrs/week
$51K (2019) → $90K (2025)
Andronica Stanley-Wheelock
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Joseph A. Wheelock III
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $90K, to Richard K Nichols See Footnote (Trustee).
Frequently asked questions about NBT II Foundation JH3540
How much does NBT II Foundation JH3540 give each year?
NBT II Foundation JH3540 gave $900K across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $900K across 21 grants.
What is NBT II Foundation JH3540's typical grant size?
NBT II Foundation JH3540's median grant in 2025 was $35,000, and its average grant was $40,909, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from NBT II Foundation JH3540 that year got $35K on average.
Where does NBT II Foundation JH3540 give grants?
NBT II Foundation JH3540 gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (9 grants), Lincoln, MA (3 grants), Cambridge, MA (2 grants) and Roxbury, MA (2 grants).
Does NBT II Foundation JH3540 give general operating support?
Yes: 27% of NBT II Foundation JH3540's 2025 grants with a stated purpose (6 of 22) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Charitable" (6 grants).
Who are NBT II Foundation JH3540's largest grantees?
NBT II Foundation JH3540's largest 2025 grantees include The Broad Institute Inc ($150,000), Household Goods ($100,000) and Cure Alzheimer's Fund ($100,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($35,000), which are not listed by name. Together they received 39% of its itemized 2025 grant dollars.
How large is NBT II Foundation JH3540?
NBT II Foundation JH3540 reported $11.1M in total assets on its 2025 IRS Form 990-PF. It paid out $974K in qualifying distributions that year, against a required minimum of $923K (roughly 5% of its investment assets).
What does NBT II Foundation JH3540 fund?
The available information does not state a mission for the foundation. Its 2025 grants went to organizations working in areas including biomedical research, household furnishings for people in need, youth education and employment, and arts and creative development. See mission & focus areas ↑
How do I apply for a grant from NBT II Foundation JH3540?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is NBT II Foundation JH3540's EIN?
NBT II Foundation JH3540's EIN (Employer Identification Number) is 56-2341579. IRS Form 990 filing data is available on this page for 2019–2025.
Does NBT II Foundation JH3540 accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work NBT II Foundation JH3540 funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in NBT II Foundation JH3540's focus areas in our free grants database
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Cite this profile
Grantable. (2026). NBT II Foundation JH3540 funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/nbt-ii-foundation-jh3540-morg_450b049ef0d3422faaec8740f7df9756
BibTeX
@misc{grantable_562341579_2026,
author = {{Grantable}},
title = {{NBT II Foundation JH3540 funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nbt-ii-foundation-jh3540-morg_450b049ef0d3422faaec8740f7df9756},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from NBT II Foundation JH3540'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.
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