The Carol a and James J McInnis Charitable Trust

Private foundation · Grantmaker North Andover, MA EIN: 46-1535074

The Carol a and James J McInnis Charitable Trust is a private foundation, based in North Andover, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $251K in total assets. In 2024, it awarded 2 grants totaling $33K. Net investment income was $14K.

Key facts about The Carol a and James J McInnis Charitable Trust

In short: The Carol a and James J McInnis Charitable Trust gave $33K across 2 grants in 2024 (avg $16K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
46-1535074
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$32,500
Grants made (2024)
2
Average grant
$16,250
Median grant
$16,250
Total assets
$250,723
Primary geography
Massachusetts (92% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$251K

-6.9% YoY

Annual Giving

$33K

+116.7% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$16K

+8.3% YoY

Under IRS private-foundation payout rules, The Carol a and James J McInnis Charitable Trust reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.

How The Carol a and James J McInnis Charitable Trust gives

  • Giving held roughly steady from 2021 to 2024 (−2%). Method
  • In 2024 it paid out 99% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

21states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

North AndoverBaltimoreBostonWashingtonAlexandriaDallasEsteroLynnNew YorkOrlandoAlbert LeaAtlantaBedfordBrewsterBrooklynBrownwoodChicagoClearwaterColombusDanvers

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K57 grants2020 9 grants2021 2 grants2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2023) to $33K (2021). In 2024 it made 2 grants totaling $33K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Merrimack College: $30KMerrimack College$30KThe Ireland Funds: $3KThe Ireland Funds$3K

The largest 2024 recipient was Merrimack College ($30K). Together the top 2 received $33K.

Grant Size Distribution

71 grants across all recorded years

71<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 71 grants of 71 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Merrimack College North Andover, MAEducation$30,000
The Ireland Funds New York, NYSupport for Irish Communities in Nee$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$250,723$269,332$277,770
Revenue$13,891$7,192$42,318
Expenses$32,500$15,540$15,283
Qualifying Distributions$32,500$15,000$15,275
Net Investment Income$13,762$7,052$42,275
Distributable Amount$32,845$15,141$14,780

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Carol a and James J McInnis Charitable Trust is led by Marybeth McInnis, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Marybeth McInnis

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: James J. McInnis (2020) — Trustee

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 The Carol a and James J McInnis Charitable Trust

How much does The Carol a and James J McInnis Charitable Trust give each year?

The Carol a and James J McInnis Charitable Trust gave $33K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15K across 1 grant.

How large is The Carol a and James J McInnis Charitable Trust?

The Carol a and James J McInnis Charitable Trust reported $251K in total assets on its 2024 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Carol a and James J McInnis Charitable Trust operate?

The Carol a and James J McInnis Charitable Trust has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Minnesota, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia.

What is The Carol a and James J McInnis Charitable Trust's EIN?

The Carol a and James J McInnis Charitable Trust's EIN (Employer Identification Number) is 46-1535074. IRS Form 990 filing data is available on this page for 2020–2024.

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

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