Nbt Ii Foundation Jh3540

BOSTON, MA EIN: 56-2341579

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

1states

Cities

ActonAllstonBostonCambridgeConcordGrotonJamaica PlainLincolnNew BedfordRoxburySomervilleWellesley Hills

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)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$363K$727K$1M$1M20202021202220232024
Metric202420232022
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

$0$271K$541K$812K$1M26 grants202027 grants202128 grants202213 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WHITEHEAD INSTITUTE FOR …$150KCURE ALZHEIMER'S FUND$100KFUTURE CHEFS$95KGROTON HILL MUSIC CENTER$60KBOSTON ARTS ACADEMY FOUN…$45KYOUTHBUILD BOSTON INC$45KHYDE SQUARE TASK FORCE$40KYEAR UP GREATER BOSTON$40KARTISTS FOR HUMANITY$40KTHE FOOD PROJECT$35K

Grant Size Distribution

115 grants across all recorded years

97<$50K11$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

RICHARD K NICHOLS SE…TRUSTEE$88K

From 2024 filing

NameTitleHoursCompensation
RICHARD K NICHOLS SEE FOOTNOTETRUSTEE2$87,883
JOSEPH A WHEELOCK IIITRUSTEE2
ANDRONICA STANLEY-WHEELOCKTRUSTEE2

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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