New England Education Society

BOSTON, MA EIN: 04-6067431

New England Education Society is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $2.0M.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$2.0M

Grant Count

Avg Grant Size

$979K

Under IRS private-foundation payout rules, New England Education Society reported a distributable amount of $2K for 2021 — the minimum it must pay out in qualifying distributions.

About New England Education Society

Based on IRS filings

New England Education Society is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $2.0M.

Ready to take the next step with New England Education Society?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $2.0M (100%)

States

Massachusetts

Cities

Boston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$1,972,514
Revenue	$7,315	$75,466
Expenses	$1,979,829	$29,346
Qualifying Distributions	—	—
Net Investment Income	—	$54,565
Distributable Amount	$1,907	$47,238

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Funds Advanced 1979-2018 to Various Students at Bu School of Theology ($1,354,324), Trustees of Boston University ($602,998).

Recipient	Purpose	Amount
TRUSTEES OF BOSTON UNIVERSITY BOSTON, MA	EDUCATIONAL	$602,998
FUNDS ADVANCED 1979-2018 TO VARIOUS STUDENTS AT BU SCHOOL OF THEOLOGY BOSTON, MA	EDUCATIONAL	$1,354,324

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
REV EARL R BEANE	PRESIDENT & DIRECTOR	0.5	—
DAVID W FITTS ESQ	TREASURER, SECRETARY & DIR	0.5	—

Frequently Asked Questions

Where does New England Education Society operate?

New England Education Society has awarded grants in Massachusetts.

What size grants does New England Education Society award?

In 2021, New England Education Society awarded 2 grants totaling $2.0M — an average of about $979K per grant, based on its IRS Form 990 filings.

How much is New England Education Society required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, New England Education Society reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.