Tbb Scholarships Inc

WELLESLEY, MA EIN: 04-2705767

Tbb Scholarships Inc is a private foundation, based in WELLESLEY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grants totaling $126K. Net investment income was $140K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+0.6% YoY

Annual Giving

$126K

-5.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$126K

-5.6% YoY

About Tbb Scholarships Inc

Based on IRS filings

Tbb Scholarships Inc is a private foundation, based in WELLESLEY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grants totaling $126K. Net investment income was $140K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Wellesley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$82K$164K$246K$328K20202021202220232024
Metric202420232022
Total Assets$1,641,147$1,632,150$1,640,245
Revenue$176,973$154,624$238,619
Expenses$167,976$161,254$133,282
Qualifying Distributions$128,272$133,850$104,122
Net Investment Income$140,024$116,996$298,227
Distributable Amount$100,317$90,511$541

Giving Over Time

Total grant dollars and number of grants per year

$0$33K$67K$100K$134K0 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

PAID DIRECTLY TO COLLEGES$126K

Grant Size Distribution

4 grants across all recorded years

<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BARBARA SHELLITOPRESIDENT, DIRECTOR0.5
CHIZU SHIONOTREASURER, DIRECTOR2
ADELE BEGGSCLERK, DIRECTOR0.5

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

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