Poirier Family Foundation Udt Dated November 9 2016
Poirier Family Foundation Udt Dated November 9 2016 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $329K in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$329K
-1.1% YoY
Annual Giving
$11K
-21.5% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$3K
+17.8% YoY
Under IRS private-foundation payout rules, Poirier Family Foundation Udt Dated November 9 2016 reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Poirier Family Foundation Udt Dated November 9 2016
Based on IRS filings
Poirier Family Foundation Udt Dated November 9 2016 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $329K in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $329,322 | $333,099 | $174,839 |
| Revenue | $7,851 | $7,910 | $2,309 |
| Expenses | $11,628 | $14,650 | $16,802 |
| Qualifying Distributions | $11,628 | $14,650 | $16,802 |
| Net Investment Income | $7,573 | $7,710 | $2,107 |
| Distributable Amount | $17,056 | $8,435 | $8,939 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salem State University ($10,000), Angel Flight ($750), Ipswich CC Scholarship Fund ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Salem State University Salem, MA | Scholarship fund | $10,000 |
| Angel Flight North Andover, MA | fund | $750 |
| American Heart Association Dallas, TX | general fund | $100 |
| Ipswich CC Scholarship Fund Ipswich, MA | Scholarship fund | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Poirier | Trustee | 1 | — |
| Coreen Poirier | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Poirier Family Foundation Udt Dated November 9 2016?
Poirier Family Foundation Udt Dated November 9 2016 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. It holds $329K in total assets as of 2024.
How large is Poirier Family Foundation Udt Dated November 9 2016?
As of 2024, Poirier Family Foundation Udt Dated November 9 2016 holds $329K in total assets with $8K in annual revenue. It awarded 4 grants totaling $11K in 2024.
Where does Poirier Family Foundation Udt Dated November 9 2016 operate?
Poirier Family Foundation Udt Dated November 9 2016 has awarded grants in Massachusetts, North Carolina, Texas.
What size grants does Poirier Family Foundation Udt Dated November 9 2016 award?
In 2024, Poirier Family Foundation Udt Dated November 9 2016 awarded 4 grants totaling $11K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Poirier Family Foundation Udt Dated November 9 2016 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Poirier Family Foundation Udt Dated November 9 2016 reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Poirier Family Foundation Udt Dated November 9 2016's EIN?
Poirier Family Foundation Udt Dated November 9 2016's EIN (Employer Identification Number) is 81-4376291. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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