Northeast Harbor Library Trust

PAOLI, PA EIN: 23-6409729

Northeast Harbor Library Trust is a private foundation, based in PAOLI, PA. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $739K. Net investment income was $19K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$739K

Grant Count

4

Avg Grant Size

$185K

Under IRS private-foundation payout rules, Northeast Harbor Library Trust reported a distributable amount of $39K for 2020 — the minimum it must pay out in qualifying distributions.

About Northeast Harbor Library Trust

Based on IRS filings

Northeast Harbor Library Trust is a private foundation, based in PAOLI, PA. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $739K. Net investment income was $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Northeast HarborRadnor

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$209K$418K$627K$837K2020
Metric2020
Total Assets
Revenue$25,648
Expenses$760,530
Qualifying Distributions
Net Investment Income$18,586
Distributable Amount$39,469

Giving Over Time

Total grant dollars and number of grants per year

$0$185K$369K$554K$739K4 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2020

MEMORIAL LIBRARY$392KNORTHEAST HARBOR LIBRARY$195KMEMORIAL LIBRARY$101KNORTHEAST HARBOR LIBRARY$51K

Grant Size Distribution

4 grants across all recorded years

<$50K1$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Memorial Library ($391,857), Northeast Harbor Library ($195,469), Memorial Library ($100,619).

RecipientPurposeAmount
NORTHEAST HARBOR LIBRARY NORTHEAST HARBOR, MEFBO RECIPIENT (STATEMENT A: VARIOUS SECURITIES: DISTRIBUTION OF ASSETS IN COMPLETE TERMINATION)$195,469
NORTHEAST HARBOR LIBRARY NORTHEAST HARBOR, MEFBO RECIPIENT (STATEMENT A: DISTRIBUTION OF CASH IN COMPLETE TERMINATION)$50,769
MEMORIAL LIBRARY RADNOR, PAFBO RECIPIENT (STATEMENT A: VARIOUS SECURITIES: DISTRIBUTION OF ASSETS IN COMPLETE TERMINATION)$391,857
MEMORIAL LIBRARY RADNOR, PAFBO RECIPIENT (STATEMENT A: DISTRIBUTION OF CASH IN COMPLETE TERMINATION)$100,619

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
LUCY B NEWLIN SELLERSTRUSTEE
WILLIAM VERPLANK NEWLINTRUSTEE

Frequently Asked Questions

Where does Northeast Harbor Library Trust operate?

Northeast Harbor Library Trust has awarded grants in Maine, Pennsylvania.

What size grants does Northeast Harbor Library Trust award?

In 2020, Northeast Harbor Library Trust awarded 4 grants totaling $739K — an average of about $185K per grant, based on its IRS Form 990 filings.

How much is Northeast Harbor Library Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Northeast Harbor Library Trust reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Northeast Harbor Library Trust's EIN?

Northeast Harbor Library Trust's EIN (Employer Identification Number) is 23-6409729. IRS Form 990 filing data is available on this page for 2020.

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

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