The Joseph & Agatha Sicari Charitable Trust

Private foundation · Grantmaker Shrewsbury, MA EIN: 04-6922636

The Joseph & Agatha Sicari Charitable Trust is a private foundation, based in Shrewsbury, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 7 grants totaling $698K. Net investment income was $776K.

Key facts about The Joseph & Agatha Sicari Charitable Trust

In short: The Joseph & Agatha Sicari Charitable Trust gave $698K across 7 grants in 2024 (avg $100K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
04-6922636
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$697,500
Grants made (2024)
7
Average grant
$99,643
Median grant
$50,000
Total assets
$4,514,732
Primary geography
Massachusetts (77% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+10.7% YoY

Annual Giving

$698K

+39.5% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$100K

+39.5% YoY

Under IRS private-foundation payout rules, The Joseph & Agatha Sicari Charitable Trust reported a distributable amount of $551K for 2024 — the minimum it must pay out in qualifying distributions.

How The Joseph & Agatha Sicari Charitable Trust gives

  • Giving grew 43% from 2021 to 2024. Method
  • In 2024 it paid out 127% of its IRS minimum distribution (the 5% rule). 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

5states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

BrewerHoldenWestministerBostonFatettevilleWorcesterKingstonSterlingWestboroughColorado SpringsFayettevilleShrewsburyWestwood

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K9 grants2020 8 grants2021 7 grants2022 7 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $482K (2020) to $698K (2024). In 2024 it made 7 grants totaling $698K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Earning for Life Inc: $400KEarning for Life Inc$400KFriends of Ellen M Leach Memorial H: $85KFriends of Ellen M LeachMemorial H$85KHolden Christian Academy: $75KHolden Christian Academy$75KDucks on a Pond: $50KDucks on a Pond$50KMissionaries 2 Marriages: $48KMissionaries 2 Marriages$48KRegenerating Life Ministries: $30KRegenerating Life Ministries$30KWestwood Food Pantry: $10KWestwood Food Pantry$10K

The largest 2024 recipient was Earning for Life Inc ($400K). Together the top 7 received $698K.

Grant Size Distribution

38 grants across all recorded years

20<$50K10$50–100K6$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 38 (53%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Earning for Life Inc Shrewsbury, MAGeneral Purpose$400,000
Friends of Ellen M Leach Memorial H Brewer, MEGeneral Purposes$85,000
Holden Christian Academy Holden, MAGeneral Purposes$75,000
Ducks on a Pond Boston, MAGeneral Purposes$50,000
Missionaries 2 Marriages Westminister, COGeneral Purposes$47,500
Regenerating Life Ministries Fatetteville, GAGeneral Purposes$30,000
Westwood Food Pantry Westwood, MAGeneral Purpose$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$4,514,732$4,078,726$4,489,485
Revenue$1,364,143$260,653$313,537
Expenses$928,137$671,512$686,913
Qualifying Distributions$697,500$500,000$505,200
Net Investment Income$776,420$120,920$164,495
Distributable Amount$551,375$466,195$457,729

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 August 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Joseph & Agatha Sicari Charitable Trust is led by David Taylor, Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2024 filing

  • David Taylor

    Trustee

    On filings since 2020

    5 hrs/week

    $49K (2020) → $65K (2024)

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.

Compensation Overview

From 2024 IRS filing

David Taylor — Trustee: $65KDavid TaylorTrustee$65K

The highest reported compensation on the 2024 filing was $65K, to David Taylor (Trustee).

Frequently asked questions about The Joseph & Agatha Sicari Charitable Trust

How much does The Joseph & Agatha Sicari Charitable Trust give each year?

The Joseph & Agatha Sicari Charitable Trust gave $698K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $500K across 7 grants.

What is The Joseph & Agatha Sicari Charitable Trust's typical grant size?

The Joseph & Agatha Sicari Charitable Trust's median grant in 2024 was $50,000, and its average grant was $99,643, across 7 grants on its 2024 IRS Form 990-PF.

Where does The Joseph & Agatha Sicari Charitable Trust give grants?

The Joseph & Agatha Sicari Charitable Trust gives mostly in Massachusetts: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Maine (12%) and Colorado (7%).

Does The Joseph & Agatha Sicari Charitable Trust give general operating support?

Yes: 100% of The Joseph & Agatha Sicari Charitable Trust's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Joseph & Agatha Sicari Charitable Trust's largest grantees?

The Joseph & Agatha Sicari Charitable Trust's largest 2024 grantees include Earning for Life Inc ($400,000), Friends of Ellen M Leach Memorial H ($85,000) and Holden Christian Academy ($75,000), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.

How large is The Joseph & Agatha Sicari Charitable Trust?

The Joseph & Agatha Sicari Charitable Trust reported $4.5M in total assets on its 2024 IRS Form 990-PF. It paid out $698K in qualifying distributions that year, against a required minimum of $551K (roughly 5% of its investment assets).

What is The Joseph & Agatha Sicari Charitable Trust's EIN?

The Joseph & Agatha Sicari Charitable Trust's EIN (Employer Identification Number) is 04-6922636. IRS Form 990 filing data is available on this page for 2020–2024.

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

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