Southanson Trust

Foundation · Grantmaker Jamiaca Plain, MA EIN: 77-6256995

Southanson Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jamiaca Plain, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $372K in total assets. In 2024, it made $1K in qualifying distributions. Net investment income was $23K.

Key facts about Southanson Trust

EIN
77-6256995
Latest 990 filing
Form 990-PF, 2024
Total assets
$371,849

Data from IRS Form 990-PF, 2024; updated September 2026.

How Southanson Trust gives

  • Giving grew 30% from 2020 to 2023. Method
  • In 2024 it paid out 6% 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.

Next steps with Southanson Trust

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$372K

+6.2% YoY

Revenue

$24K

+2461.1% YoY

Qualifying Distributions

$1K

-96.7% YoY

Expenses

$2K

-93.0% YoY

Under IRS private-foundation payout rules, Southanson Trust reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About Southanson Trust

Based on IRS filings

Southanson Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jamiaca Plain, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $372K in total assets. In 2024, it made $1K in qualifying distributions. Net investment income was $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

PlymouthBostonWeymouth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$39K20202021202220232024
Metric202420232022
Total Assets$371,849$350,218$373,049
Revenue$24,100$941$4,141
Expenses$2,469$35,052$2,926
Qualifying Distributions$1,100$33,776$1,449
Net Investment Income$23,000$11,016$2,692
Distributable Amount$17,461$17,657$18,584

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$33K1 grants20201 grants20210 grants20222 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Jennifer M PetersonTrustee2—
Vincent Morgan JrTrustee2—
Craig MorganTrustee2—
Christina MorganTrustee2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Southanson Trust?

Southanson Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jamiaca Plain, MA. It holds $372K in total assets as of 2024.

How large is Southanson Trust?

As of 2024, Southanson Trust holds $372K in total assets with $24K in annual revenue.

Where does Southanson Trust operate?

Southanson Trust has awarded grants in Massachusetts.

How much is Southanson Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Southanson Trust reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Southanson Trust's EIN?

Southanson Trust's EIN (Employer Identification Number) is 77-6256995. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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