NBT II Foundation is a private independent foundation established in 2003 and based in Boston, Massachusetts. The foundation operates as a grantmaking organization with a selective approach to charitable giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
-3.3% YoY
Annual Giving
$900K
+109.3% YoY
Grant Count
21
+61.5% YoY
Avg Grant Size
$43K
+29.6% YoY
Under IRS private-foundation payout rules, Nbt Ii Foundation Jh3540 reported a distributable amount of $918K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation has indicated it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
How to Apply
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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
Assets: $18,000,000 (2023)
Annual Activity (2023):
- Total distributions: $479,000
- Contributions received: $0
- Latest tax filing: 2023 (published by IRS in June 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,510,426 | $10,867,125 | $10,210,652 |
| Revenue | $690,073 | $1,205,285 | $652,477 |
| Expenses | $1,027,817 | $524,731 | $946,034 |
| Qualifying Distributions | $956,073 | $478,807 | $870,906 |
| Net Investment Income | $637,802 | $1,135,760 | $567,372 |
| Distributable Amount | $917,633 | $812,658 | $813,850 |
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
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Whitehead Institute for Biomedical Resea ($150,000), Cure Alzheimer's Fund ($100,000), Future Chefs ($95,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE FOOD PROJECT LINCOLN, MA | SUPPORT YOUTH LEADERSHIP | $35,000 |
| HYDE SQUARE TASK FORCE JAMAICA PLAIN, MA | UNRESTRICTED SUPPORT | $40,000 |
| BIKES NOT BOMBS JAMAICA PLAIN, MA | YOUTH PATHWAYS PROGRAMS | $25,000 |
| TENACITY INC BOSTON, MA | SUPPORT COLLEGE | $30,000 |
| YEAR UP GREATER BOSTON BOSTON, MA | UNRESTRICTED SUPPORT | $40,000 |
| ZUMIX BOSTON, MA | UNRESTRICTED SUPPORT | $35,000 |
| ARTISTS FOR HUMANITY BOSTON, MA | YOUTH ARTS ENTERPRISE | $40,000 |
| BOSTON ARTS ACADEMY FOUNDATION BOSTON, MA | SCHOLARSHIPS AND EMERGENCY | $45,000 |
| FUTURE CHEFS BOSTON, MA | SUPPORT SCHOOL TO CAREER | $95,000 |
| YOUTHBUILD BOSTON INC ROXBURY, MA | BUILDING TRADES EXPLORATION | $45,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by three trustees:
- Richard K Nichols — Trustee (2 hours/week, $81,000 compensation)
- Joseph A Wheelock III — Trustee (2 hours/week, no compensation)
- Andronica Stanley-Wheelock — Trustee (2 hours/week, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD K NICHOLS SEE FOOTNOTE | TRUSTEE | 2 | $87,883 |
| JOSEPH A WHEELOCK III | TRUSTEE | 2 | — |
| ANDRONICA STANLEY-WHEELOCK | TRUSTEE | 2 | — |
Contact Information
Address: 50 Congress Street, Suite 832, Boston, MA 02109-4017
Telephone: 617-523-6800
EIN: 56-2341579
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Nbt Ii Foundation Jh3540?
**Grant Activity:** • Annual distributions: $479,000 (2023) • Number of grants: 13 grants (2023) • Grant median: $35,000 • Grant maximum: $40,000 **Application Process:** The foundation has indicated it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What size grants does Nbt Ii Foundation Jh3540 award?
In 2024, Nbt Ii Foundation Jh3540 awarded 21 grants totaling $900K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is Nbt Ii Foundation Jh3540 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nbt Ii Foundation Jh3540 reported a distributable amount of $918K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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