Royalston Academy Inc is a private foundation focused on Education, based in Royalston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $519K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $40K.
Key facts about Royalston Academy Inc
In short: Royalston Academy Inc gave $3K across 1 grant in 2025 (avg $3K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 04-2322818
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $3,477
- Grants made (2025)
- 1
- Average grant
- $3,477
- Median grant
- $3,477
- Total assets
- $518,989
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$519K
-1.2% YoY
Annual Giving
$3K
-30.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3K
-30.5% YoY
Under IRS private-foundation payout rules, Royalston Academy Inc reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.
How Royalston Academy Inc gives
- In 2025 it paid out 68% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $3K (2025) to $5K (2023). In 2025 it made 1 grant totaling $3K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was Phinehas Newton Library ($3K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Phinehas Newton Library Athol, MA | Education | $3,477 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $518,989 | $525,344 | $502,079 |
| Revenue | $18,206 | $38,702 | $20,649 |
| Expenses | $24,561 | $15,437 | $10,063 |
| Qualifying Distributions | $21,789 | $15,120 | $9,288 |
| Net Investment Income | $39,854 | $38,385 | $24,503 |
| Distributable Amount | $32,176 | $24,347 | $22,649 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 11, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2025)
Leadership & Key People
Officers and directors from IRS filings
Royalston Academy Inc is led by Joanne Deacon, President since 2025 (on filings since 2019); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joanne Deacon
President
Vice President → President, 2025
On filings since 2019
No compensation reported
Andrea Lively
Director
On filings since 2019
No compensation reported
Kristen West
Director
On filings since 2019
No compensation reported
Richard Corser
Director
New on the 2025 filing
No compensation reported
Theresa A. Bowers
Treasurer
On filings since 2019
No compensation reported
Thomas Musco
Clerk
Clerk & Secretary → Clerk, 2025
On filings since 2019
No compensation reported
Former officers (1)
- Former: Alan Bowers (2019–2022) — President
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.
Frequently asked questions about Royalston Academy Inc
How much does Royalston Academy Inc give each year?
Royalston Academy Inc gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 1 grant.
How large is Royalston Academy Inc?
Royalston Academy Inc reported $519K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).
What is Royalston Academy Inc?
Royalston Academy Inc is a private foundation focused on Education, based in Royalston, MA. It holds $519K in total assets as of 2025.
Where does Royalston Academy Inc operate?
Royalston Academy Inc has awarded grants in Massachusetts.
What is Royalston Academy Inc's EIN?
Royalston Academy Inc's EIN (Employer Identification Number) is 04-2322818. 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.
Here's the math on researching Royalston Academy Inc by hand.
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