Prospect Hill Cemetery Charitable Trust
Prospect Hill Cemetery Charitable Trust is a private foundation focused on mutual and membership benefit, based in Nantucket, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 1 grant totaling $13K. Net investment income was $579.
Prospect Hill Cemetery Charitable Trust at a glance
In short: Prospect Hill Cemetery Charitable Trust gave $13K across 1 grant in 2024 (avg $13K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $12,500
- Grants made (2024)
- 1
- Average grant
- $12,500
- Median grant
- $12,500
- Total assets
- $73,534
- -18.8% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Prospect Hill Cemetery Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Prospect Hill Cemetary Association ($13K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Prospect Hill Cemetery Charitable Trust gives
- In 2024 it paid out 513% of its IRS minimum distribution (the 5% rule). 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
In 2024 it made 1 grant totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Prospect Hill Cemetary Association Nantucket, MA | For Support of Cemetary Activities | $12,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $73,534 | $1,228 | $24,094 | $12,500 | 1 | $14,420 | $579 | $2,812 |
| 2023 | $90,586 | $974 | $1,955 | — | — | — | — | $3,156 |
| 2022 | $90,202 | $913 | $5,874 | — | — | — | — | $3,254 |
| 2021 | $89,624 | $1,227 | $2,865 | — | — | — | — | $3,795 |
| 2020 | $88,397 | $24,768 | $1,100 | — | — | — | — | $3,013 |
Under IRS private-foundation payout rules, Prospect Hill Cemetery Charitable Trust reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Prospect Hill Cemetery Charitable Trust is led by Timothy Soverino, President on every filing since 2023; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Timothy Soverino
President
On filings since 2023
1 hr/week
No compensation reported
Charley Walters
Trustee
On filings since 2020
1 hr/week
No compensation reported
Stephen Godwin
Trustee
On filings since 2020
1 hr/week
No compensation reported
Maryanne Waine
Secretary
On filings since 2020
1 hr/week
No compensation reported
Patricia Anathan
Vice President
On filings since 2020
1 hr/week
No compensation reported
William Hourihan
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (7)
- Former: Bob Graves (2020–2022) — Trustee
- Former: Cam Dulton (2020–2022) — Trustee
- Former: John Renwick (2020–2022) — Treasurer
- Former: John West (2020–2022) — Trustee
- Former: Ken Blackshaw (2020–2022) — Trustee
- Former: Mimi Young (2020–2022) — Trustee
- Former: Tim Soverino (2020–2022) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Prospect Hill Cemetery Charitable Trust
How much does Prospect Hill Cemetery Charitable Trust give each year?
Prospect Hill Cemetery Charitable Trust gave $13K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is Prospect Hill Cemetery Charitable Trust?
Prospect Hill Cemetery Charitable Trust reported $74K in total assets on its 2024 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is Prospect Hill Cemetery Charitable Trust?
Prospect Hill Cemetery Charitable Trust is a private foundation focused on mutual and membership benefit, based in Nantucket, MA. It holds $74K in total assets as of 2024.
Where does Prospect Hill Cemetery Charitable Trust operate?
Prospect Hill Cemetery Charitable Trust has awarded grants in Massachusetts.
What is Prospect Hill Cemetery Charitable Trust's EIN?
Prospect Hill Cemetery Charitable Trust's EIN (Employer Identification Number) is 20-6898461. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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