Paine Charitable Trust UA
Paine Charitable Trust UA is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.7M in total assets. In 2025, it awarded 5 grants totaling $231K. Net investment income was $553K.
Paine Charitable Trust UA at a glance
In short: Paine Charitable Trust UA gave $231K across 5 grants in 2025 (avg $46K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $231,448
- -17.3% vs 2024
- Grants made (2025)
- 5
- +0.0% vs 2024
- Average grant
- $46,290
- -17.3% vs 2024
- Median grant
- $3,000
- Total assets
- $5,679,555
- +5.4% vs 2024
- 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 September 2026.
Who Paine Charitable Trust UA funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Worcester Art Museum ($114K). Together the top 5 received $231K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 15 grants of 25 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Paine Charitable Trust UA gives
- Giving fell 27% from 2022 to 2025. Method
- In 2025 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $210K (2023) to $316K (2022). In 2025 it made 5 grants totaling $231K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Worcester Art Museum Worcester, MA | Unrestricted General | $113,724 |
| American Antiquarian Society Worcester, MA | Unrestricted General | $113,724 |
| Worcester Natural History Soc Worcester, MA | Unrestricted General | $3,000 |
| Worcester Historical Museum Worcester, MA | Unrestricted General | $500 |
| First Unitarian Church Worcester, MA | Unrestricted General | $500 |
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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 | $5,679,555 | $601,583 | $311,803 | $231,448 | 5 | $257,429 | $553,234 | $328,097 |
| 2024 | $5,388,029 | $543,086 | $355,257 | $280,000 | 5 | $304,364 | $492,346 | $307,075 |
| 2023 | $5,205,911 | $169,728 | $272,169 | $209,880 | 5 | $231,641 | $127,812 | $279,593 |
| 2022 | $5,310,481 | $-108,766 | $388,918 | $316,206 | 5 | $337,672 | $70,045 | $286,214 |
| 2021 | $5,807,955 | $1,208,470 | $345,449 | $273,956 | 5 | $296,886 | $1,159,852 | $318,859 |
| 2020 | $4,898,041 | $456,887 | $333,562 | $272,546 | 5 | — | $419,971 | $270,941 |
| 2019 | $4,805,106 | $332,112 | $280,215 | $220,810 | 5 | — | $311,757 | $262,623 |
Under IRS private-foundation payout rules, Paine Charitable Trust UA reported a distributable amount of $328K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Paine Charitable Trust UA's only listed officer is Bank Of America, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2019
1 hr/week
$49K (2019) → $64K (2025)
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 $64K, to Bank of America (Trustee,).
Frequently asked questions about Paine Charitable Trust UA
How much does Paine Charitable Trust UA give each year?
Paine Charitable Trust UA gave $231K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $280K across 5 grants.
What is Paine Charitable Trust UA's typical grant size?
Paine Charitable Trust UA's median grant in 2025 was $3,000, and its average grant was $46,290, across 5 grants on its 2025 IRS Form 990-PF.
Where does Paine Charitable Trust UA give grants?
Paine Charitable Trust UA 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 Worcester, MA (5 grants).
Does Paine Charitable Trust UA give general operating support?
Yes: 100% of Paine Charitable Trust UA's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Paine Charitable Trust UA's largest grantees?
Paine Charitable Trust UA's largest 2025 grantees include Worcester Art Museum ($113,724), American Antiquarian Society ($113,724) and Worcester Natural History Soc ($3,000), according to its 2025 IRS Form 990-PF.
How large is Paine Charitable Trust UA?
Paine Charitable Trust UA reported $5.7M in total assets on its 2025 IRS Form 990-PF. It paid out $257K in qualifying distributions that year, against a required minimum of $328K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Paine Charitable Trust UA's EIN?
Paine Charitable Trust UA's EIN (Employer Identification Number) is 04-6036990. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 2, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 19, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2019–2025
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Browse active grant opportunities in Paine Charitable Trust UA's focus areas in our free grants database
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