The Ausolus Trust is a private foundation established in 1997 and based in Boston, Massachusetts. Operating as a 501(c)(3) organization, it functions as a grantmaking foundation dedicated to supporting exempt charitable purposes through philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.4M
+9.6% YoY
Annual Giving
$1.5M
+6.3% YoY
Grant Count
68
+9.7% YoY
Avg Grant Size
$22K
-3.1% YoY
Under IRS private-foundation payout rules, The Ausolus Trust reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Trust's primary funding interests include:
- Education
- Historical societies
- The arts
- Hospitals
- Human services
- Philanthropy and voluntarism
Grantmaking
The Trust also supports Harvard University and numerous other organizations aligned with its funding priorities.
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Geographic Focus
Where this funder awards grants
The Trust primarily funds organizations in:
- Massachusetts
- Maine
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $32,406,464
- Total revenue: $1,025,942
- Total expenses: $1,741,641
- Total liabilities: $0
As of 2023:
- Total assets: $29,576,368
- Total revenues: $2,470,779
- Total expenses: $1,673,327
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,406,464 | $29,576,368 | $26,288,985 |
| Revenue | $1,025,942 | $2,470,779 | $2,610,321 |
| Expenses | $1,741,641 | $1,673,327 | $1,774,712 |
| Qualifying Distributions | $1,533,250 | $1,434,150 | $1,472,625 |
| Net Investment Income | $827,551 | $2,264,065 | $2,393,234 |
| Distributable Amount | $1,563,389 | $1,381,130 | $1,435,246 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Morris Aboretum ($100,000), Vassar College ($100,000), Lowell Observatory ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATES COLLEGE LEWISTON, ME | EXEMPT PURPOSE | $50,000 |
| BOSTON COLLEGE HIGH SCHOOL BOSTON, MA | EXEMPT PURPOSE | $4,000 |
| COLBY COLLEGE WATERVILLE, ME | EXEMPT PURPOSE | $25,000 |
| COLLEGE OF THE ATLANTIC BAR HARBOR, ME | EXEMPT PURPOSE | $10,000 |
| DANA-FARBER CANCER INSTITUTE INC BOSTON, MA | EXEMPT PURPOSE | $50,000 |
| DOWNEAST INSTITUTE BEALS, ME | EXEMPT PURPOSE | $5,000 |
| EMMANUEL CHURCH - MANCHESTER MANCHESTERBYTHESEA, MA | EXEMPT PURPOSE | $5,000 |
| EPIPHANY SCHOOL DORCHESTER, MA | EXEMPT PURPOSE | $25,000 |
| FRIENDS OF ACADIA BAR HARBOR, ME | EXEMPT PURPOSE | $10,000 |
| FRIENDS OF LOBKOWICZ COLLECTIONS DEDHAM, MA | EXEMPT PURPOSE | $35,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The Trust is associated with George P. Beal and operates through the Boston Family Office.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE PUTNAM III | TRUSTEE | 1 | — |
| BARBARA P LYMAN | TRUSTEE | 1 | — |
| SUSAN W PECK | TRUSTEE | 1 | — |
Contact Information
Address: 88 Broad Street, Floor 2, Boston, MA 02110-3403
Telephone: 617-624-0800
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Ausolus Trust fund?
The Trust's primary funding interests include: • Education • Historical societies • The arts • Hospitals • Human services • Philanthropy and voluntarism
How do I apply for a grant from The Ausolus Trust?
**Grant Activity:** • Made 55 grants in 2023 • Total giving of $1,515,000 in 2024 • Typical award range: $1,000–$100,000 **Recent Grantees (2023):** • Bates College ($100,000) • Springside Chestnut Hill Academy ($100,000) • Vassar College ($100,000) The Trust also supports Harvard University and numerous other organizations aligned with its funding priorities.
Where does The Ausolus Trust make grants?
The Trust primarily funds organizations in: • Massachusetts • Maine • New York
What size grants does The Ausolus Trust award?
In 2024, The Ausolus Trust awarded 68 grants totaling $1.5M — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is The Ausolus Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ausolus Trust reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ausolus Trust's EIN?
The Ausolus Trust's EIN (Employer Identification Number) is 04-3368079. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Ausolus Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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