The George I Alden Trust logo

The George I Alden Trust

WORCESTER, MA EIN: 04-6023784 Website

The George I. Alden Trust is a private philanthropic foundation established on August 24, 1912, by George I. Alden (1843-1926). Based in Worcester, Massachusetts, the Trust operates with a focus on educational advancement and community development, particularly in New England. The organization maintains offices at 100 Front Street, 5th Floor, Worcester, MA 01608.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$214.4M

+5.4% YoY

Annual Giving

$11.5M

+4.1% YoY

Grant Count

79

+3.9% YoY

Avg Grant Size

$145K

+0.2% YoY

Under IRS private-foundation payout rules, The George I Alden Trust reported a distributable amount of $12.2M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Trust was created "for the maintenance of some charitable or philanthropic enterprises," with particular emphasis on "the promotion of education in schools, colleges, or other educational institutions."

The Trust awards grants across five primary categories:

  • Higher Education — Capital projects that enhance undergraduate academic offerings and educational infrastructure
  • Secondary Schools — Educational advancement at the secondary level
  • Educationally Related Community Organizations — Community-based educational initiatives
  • YMCAs — Programs aligned with the Trust's historical commitment to youth development
  • Unsolicited Special Worcester Grants — Community-focused grants in Worcester, Massachusetts

Grantmaking

Grant Range

s & Range:**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The Trust's geographic priorities vary by grant category:

  • Higher Education: New England, New York, New Jersey, and Pennsylvania
  • YMCAs: Massachusetts
  • Community Organizations: Worcester, Massachusetts

Grant Distribution by State

13states
+5 more states

Cities

AllentownAmherstAnnandaleonhudsonAnnvilleAston TownshipAtlantaAttleboroBabson ParkBangorBereaBethlehemBeverlyBostonBoylstonBrocktonBronxBronxvilleBrooklynBrunswickBryn Mawr

Financial History

Multi-year comparison from IRS filings

  • Total Assets: Approximately $205 million
  • Annual Giving: $11,000,000+ (consistent distribution in recent years, with 2024 reaching $11,478,000)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13M$25M$38M$50M20202021202220232024
Metric202420232022
Total Assets$214,398,299$203,372,681$204,621,748
Revenue$24,510,938$11,284,418$6,944,899
Expenses$14,187,415$13,482,495$13,962,308
Qualifying Distributions$11,781,783$11,330,208$11,788,333
Net Investment Income$22,425,306$9,262,131$5,030,966
Distributable Amount$12,192,356$11,071,098$11,345,143

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$11M1 grants2020125 grants202194 grants202276 grants202379 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ECOTARIUM$750KASSUMPTION UNIVERSITY$500KNEW ENGLAND BOTANIC GARD…$500KANNA MARIA COLLEGE$475KFRANKLIN COUNTY YMCA$250KALICE LLOYD COLLEGE$200KBABSON COLLEGE$200KBARNARD COLLEGE$200KGREATER HOLYOKE YMCA$200KMASSACHUSETTS BIOMEDICAL…$200K

Grant Size Distribution

201 grants across all recorded years

69<$50K16$50–100K96$100–250K10$250–500K7$500K–1M2$1–5M1$5M+

Open Grants

4 open opportunities from The George I Alden Trust

Show all 4 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ecotarium ($750,000), Assumption University ($500,000), New England Botanic Garden at Tower Hill ($500,000).

RecipientPurposeAmount
ARTSWORCESTER INC WORCESTER, MATO FURTHER EDUCATION$15,000
AMERICAN RED CROSS- MEDFORD MEDFORD, MATO FURTHER EDUCATION$100,000
ALICE LLOYD COLLEGE PIPPA PASSES, KYTO FURTHER EDUCATION$200,000
ALLEGHENY COLLEGE MEADVILLE, PATO FURTHER EDUCATION$150,000
ANNA MARIA COLLEGE PAXTON, MATO FURTHER EDUCATION$475,000
ASSUMPTION UNIVERSITY WORCESTER, MATO FURTHER EDUCATION$500,000
ATTLEBORO NORTON YMCA ATTLEBORO, MATO FURTHER EDUCATION$150,000
BABSON COLLEGE BABSON PARK, MATO FURTHER EDUCATION$200,000
BARD COLLEGE ANNANDALEONHUDSON, NYTO FURTHER EDUCATION$175,000
BARNARD COLLEGE NEW YORK, NYTO FURTHER EDUCATION$200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WARNER S FLETCHERTRUSTEE$150KJAMES E COLLINSTRUSTEE$150KGAIL T RANDALLTRUSTEE$150KDOUGLAS MEYSTRETRUSTEE$150K

From 2024 filing

NameTitleHoursCompensation
WARNER S FLETCHERTRUSTEE25$150,000
JAMES E COLLINSTRUSTEE20$150,000
GAIL T RANDALLTRUSTEE20$150,000
DOUGLAS MEYSTRETRUSTEE20$150,000

Recent News & Activity

Recent developments and announcements

2025

Mount Wachusett Community College received a $100,000 grant for its Automotive Technology Program (2025)

MWCC Awarded $100,000 from the George I. Alden Trust - Mount Wachusett Community
2024

Lycoming College received a $150,000 grant (2024)

Lycoming College awarded $150000 grant by George I. ...
2024

Manhattanville University received a grant to renovate classrooms (2024)

Manhattanville University Awarded Grant from George I. ...

Frequently Asked Questions

What does The George I Alden Trust fund?

The Trust was created "for the maintenance of some charitable or philanthropic enterprises," with particular emphasis on "the promotion of education in schools, colleges, or other educational institutions." The Trust awards grants across five primary categories: • **Higher Education** — Capital projects that enhance undergraduate academic offerings and educational infrastructure • **Secondary Schools** — Educational advancement at the secondary level • **Educationally Related Community Organiza…

How do I apply for a grant from The George I Alden Trust?

**Grant Sizes & Range:** • Grant range: $15,000 - $1,100,000 • First-time grants: Up to $100,000 • 2024 grants paid: $11,478,000 (a new high) **Recent Grant Activity:** • 2024: $11,478,000 in paid grants (fourth consecutive year exceeding $11,000,000) • 2023: 76 grants awarded • 2022: 94 grants awarded • 2021: 125 grants awarded • 2020: 110 grants awarded **Application Process:** • Decision time: Approximately 6-8 weeks • First-time applicants are strongly encouraged to contact the Trust prior …

Where does The George I Alden Trust make grants?

The Trust's geographic priorities vary by grant category: • **Higher Education:** New England, New York, New Jersey, and Pennsylvania • **YMCAs:** Massachusetts • **Community Organizations:** Worcester, Massachusetts

What size grants does The George I Alden Trust award?

In 2024, The George I Alden Trust awarded 79 grants totaling $11.5M — an average of about $145K per grant, based on its IRS Form 990 filings.

How much is The George I Alden Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The George I Alden Trust reported a distributable amount of $12.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The George I Alden Trust's EIN?

The George I Alden Trust's EIN (Employer Identification Number) is 04-6023784. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The George I Alden Trust's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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