Symes Family Charitable Foundation

BEVERLY, MA EIN: 04-3494605

Symes Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY, MA. IRS filing data is available for 2021. As of 2021, the organization holds $2.1M in total assets. In 2021, it awarded 2 grants totaling $291K. Net investment income was $199K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$2.1M

Annual Giving

$291K

Grant Count

Avg Grant Size

$145K

Under IRS private-foundation payout rules, Symes Family Charitable Foundation reported a distributable amount of $185K for 2021 — the minimum it must pay out in qualifying distributions.

About Symes Family Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $291K (100%)

States

Massachusetts

Cities

BostonStoneham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021
Total Assets	$2,141,315
Revenue	$280,063
Expenses	$382,196
Qualifying Distributions	—
Net Investment Income	$198,965
Distributable Amount	$185,255

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Greater Boston Stage Company Stoneham Theatre Corp ($190,872), Beth Israel Deaconess Medical Center ($100,000).

Recipient	Purpose	Amount
GREATER BOSTON STAGE COMPANY STONEHAM THEATRE CORP STONEHAM, MA	TO CONTINUE THE NON PROFIT REGIONAL THEATRE EDUCATION AND PERFORMANCE OPPORTUNITIES FOR CHILDREN IN THEATRE	$190,872
BETH ISRAEL DEACONESS MEDICAL CENTER BOSTON, MA	TO DIRECTLY BENEFIT THE BETH ISARAEL DEACONESS MEDICAL CENTER.	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
ARICA SYMES-ELMER	PRESIDENT	2	—
WEYLIN SYMES	VP	2	—
LANDERS SYMES	TREASURER CLERK	2	—
DENISE SYMES	DIRECTOR	2	—
ARICA SYMES-ELMER	DIRECTOR	2	—
WEYLIN SYMES	DIRECTOR	2	—
LANDERS SYMES	DIRECTOR	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Symes Family Charitable Foundation?

Symes Family Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY, MA. It holds $2.1M in total assets as of 2021.

How large is Symes Family Charitable Foundation?

As of 2021, Symes Family Charitable Foundation holds $2.1M in total assets with $280K in annual revenue. It awarded 2 grants totaling $291K in 2021.

Where does Symes Family Charitable Foundation operate?

Symes Family Charitable Foundation has awarded grants in Massachusetts.

What size grants does Symes Family Charitable Foundation award?

In 2021, Symes Family Charitable Foundation awarded 2 grants totaling $291K — an average of about $145K per grant, based on its IRS Form 990 filings.

How much is Symes Family Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Symes Family Charitable Foundation reported a distributable amount of $185K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.