Sharp Charitable Trust

Private foundation · Grantmaker Newton, MA EIN: 35-7004860

Sharp Charitable Trust is a private foundation based in Newton, Massachusetts. In 2024, it gave $853,000 through 39 grants to charitable organizations, including a large unrestricted grant to MIT Press Fund for the Future and support for organizations working in areas such as cancer research, health care, food assistance, and science history.

Sharp Charitable Trust at a glance

In short: Sharp Charitable Trust gave $853K across 39 grants in 2024 (avg $22K), mostly in Massachusetts. 23% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$853,000
-49.3% vs 2023
Grants made (2024)
39
+2.6% vs 2023
Average grant
$21,872
-50.6% vs 2023
Median grant
$2,000
Total assets
$7,559,506
+0.2% vs 2023
New grantees (estimate)
23% first-time grantees (9 of 39, 2024)
Primary geography
Massachusetts (88% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Sharp Charitable Trust

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 36 Fairmont Avenue, Newton, MA 02158
Phone: (617) 253-6421

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Sharp Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MIT Press Fund for the Future: $460KMIT Press Fund for the Future$460KThe Termeer Foundation: $250KThe Termeer Foundation$250KCancer Engineering Workshop at National Academy of Scienses: $52KCancer Engineering Workshop atNational Academy of Scienses$52KEliot Church of Newton: $15KEliot Church of Newton$15KAspen Cancer Conference Inc: $5KAspen Cancer Conference Inc$5KCongregational United Church of Christ: $5KCongregational United Churchof Christ$5KFriends of Boston's Homeless: $5KFriends of Boston's Homeless$5KMustard Seed Community Health: $5KMustard Seed Community Health$5KOpen Medicine Foundation: $5KOpen Medicine Foundation$5KRosie's Place: $5KRosie's Place$5K

The largest 2024 recipient was MIT Press Fund for the Future ($460K). Together the top 10 received $807K.

Grant Size Distribution

169 grants across all recorded years

157<$50K2$50–100K2$100–250K2$250–500K2$500K–1M3$1–5M1$5M+

The most common grant size was under $50K: 157 grants of 169 (93%).

Geographic Focus

Where this funder awards grants

In 2024, 88% of grant dollars went to recipients in Massachusetts, 6% to recipients in the District of Columbia, 2% to North Carolina, and 1% each to New Hampshire and Vermont.

Grant Distribution by State

15states

Share of 2024 grant dollars across all 39 itemized grants.

Cities

WaterburyBostonGreensboroCambridgeConcordMachiasNewtonAgora HillsBowNew BedfordNewtonvilleWalthamWaterbury CenterPhiladelphiaMontpelierBasaltPasadenaRidgecrestBarreBatan Rouge

Is Sharp Charitable Trust open to new grantees?

23%

first-time grantees, 2024

In 2024, 9 of 39 grantees (23%) were first-time recipients. First grants averaged $35K; repeat grants $18K. How we count

Medians: $2K first-time, $2K repeat.

  • 77% of 2024 grantees were also funded in 2023. Method
  • Giving fell 86% from 2021 to 2024. Method
  • In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M30 grants2020 29 grants2021 33 grants2022 38 grants2023 39 grants2024

From 2020 to 2024, annual grant giving ranged from $681K (2020) to $6.1M (2021). In 2024 it made 39 grants totaling $853K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
MIT Press Fund for the Future Cambridge, MAUnrestricted$460,000
The Termeer Foundation Boston, MAUnrestricted$250,000
Cancer Engineering Workshop at National Academy of Scienses Washington, DCUnrestricted$52,000
Eliot Church of Newton Newton, MAUnrestricted$15,000
Aspen Cancer Conference Inc Basalt, COUnrestricted$5,000
Congregational United Church of Christ Greensboro, NCUnrestricted$5,000
Friends of Boston's Homeless Boston, MAUnrestricted$5,000
Mustard Seed Community Health Greensboro, NCUnrestricted$5,000
Open Medicine Foundation Agora Hills, CAUnrestricted$5,000
Rosie's Place Boston, MAUnrestricted$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$7,559,506$3,423,296$909,258$853,00039$853,000$1,752,572$730,744
2023$7,540,742$390,034$1,719,249$1,681,62438$1,681,624$352,872$593,842
2022$8,869,957$3,017,395$2,369,833$2,282,00033$2,282,000$129,594$640,444
2021$8,222,395$1,860,011$6,154,831$6,080,53429$6,080,534$1,791,955$731,088
2020$12,517,215$2,604,892$735,250$681,00030—$537,877$743,114

Under IRS private-foundation payout rules, Sharp Charitable Trust reported a distributable amount of $731K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the trust is provided. Its 2024 grants show support for a range of organizations. For example, Aspen Cancer Conference says it shares current cancer research with scientists; Mustard Seed Community Health describes its work as providing holistic health care to people in need; and The Friendly Kitchen says it provides meals for people who are hungry. Other recipients describe work in domestic-violence support, education, library services, and the history of science.

Grantmaking

In 2024, the trust made 39 grants totaling $853,000. Grant amounts ranged from $500 to $460,000, with a median grant of $2,000. Its largest grants were $460,000 to MIT Press Fund for the Future and $250,000 to The Termeer Foundation, both unrestricted. It also gave $52,000 to Cancer Engineering Workshop at National Academy of Sciences, $15,000 to Eliot Church of Newton, and $5,000 each to several organizations, including Aspen Cancer Conference, Friends of Boston’s Homeless, Mustard Seed Community Health, Open Medicine Foundation, Rosie’s Place, Science History Institute, and The Friendly Kitchen.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Phillip A. Sharp and Ann H. Sharp as trustees.

Sharp Charitable Trust's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ann H. Sharp

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Phillip A. Sharp

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

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 Sharp Charitable Trust

How much does Sharp Charitable Trust give each year?

Sharp Charitable Trust gave $853K across 39 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.7M across 38 grants.

What is Sharp Charitable Trust's typical grant size?

Sharp Charitable Trust's median grant in 2024 was $2,000, and its average grant was $21,872, across 39 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Sharp Charitable Trust that year got $35K on average.

Where does Sharp Charitable Trust give grants?

Sharp Charitable Trust gives mostly in Massachusetts: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (6%). The most frequent recipient cities were Waterbury, VT (6 grants), Cambridge, MA (4 grants), Greensboro, NC (4 grants) and Boston, MA (3 grants).

Does Sharp Charitable Trust give general operating support?

Yes: 100% of Sharp Charitable Trust's 2024 grants with a stated purpose (39 of 39) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Sharp Charitable Trust's largest grantees?

Sharp Charitable Trust's largest 2024 grantees include MIT Press Fund for the Future ($460,000), The Termeer Foundation ($250,000) and Cancer Engineering Workshop at National Academy of Scienses ($52,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.

How large is Sharp Charitable Trust?

Sharp Charitable Trust reported $7.6M in total assets on its 2024 IRS Form 990-PF. It paid out $853K in qualifying distributions that year, against a required minimum of $731K (roughly 5% of its investment assets).

What does Sharp Charitable Trust fund?

No mission statement for the trust is provided. Its 2024 grants show support for a range of organizations. See mission & focus areas ↑

How do I apply for a grant from Sharp Charitable Trust?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Sharp Charitable Trust's EIN?

Sharp Charitable Trust's EIN (Employer Identification Number) is 35-7004860. IRS Form 990 filing data is available on this page for 2020–2024.

Does Sharp Charitable Trust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Sharp Charitable Trust funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/sharp-charitable-trust-morg_51e49d106f3d4286b9e0f5478d4f9eb6

BibTeX
@misc{grantable_357004860_2026,
  author       = {{Grantable}},
  title        = {{Sharp Charitable Trust funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/sharp-charitable-trust-morg_51e49d106f3d4286b9e0f5478d4f9eb6},
  note         = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Sharp Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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