Sharp Charitable Trust is a private foundation based in Newton, Massachusetts, established in 2013. The trust operates as a 501(c)(3) grantmaking organization with no employees, governed by trustee Phillip A. Sharp.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+0.2% YoY
Annual Giving
$853K
-49.3% YoY
Grant Count
39
+2.6% YoY
Avg Grant Size
$22K
-50.6% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made at least 23 grants totaling approximately $92,500 in documented awards, including:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- Vermont
- North Carolina
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $7,540,742
- Total revenues: $390,034
- Total expenses: $1,719,249
- Investment income and dividends: $323,629
As of most recent 990 filing (2024):
- Total assets: $7,559,506
- Total giving: $853,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,559,506 | $7,540,742 | $8,869,957 |
| Revenue | $3,423,296 | $390,034 | $3,017,395 |
| Expenses | $909,258 | $1,719,249 | $2,369,833 |
| Qualifying Distributions | $853,000 | $1,681,624 | $2,282,000 |
| Net Investment Income | $1,752,572 | $352,872 | $129,594 |
| Distributable Amount | $730,744 | $593,842 | $640,444 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
169 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Phillip A. Sharp serves as trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILLIP A SHARP | TRUSTEE | 5 | — |
| ANN H SHARP | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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