The Peter Musto Charitable Trust

PIEDMONT, CA EIN: 94-3053811

The Peter Musto Charitable Trust is a private foundation, based in PIEDMONT, CA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 6 grants totaling $137K. Net investment income was $57K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$137K

+31.4% YoY

Grant Count

-76.0% YoY

Avg Grant Size

$23K

+447.3% YoY

Under IRS private-foundation payout rules, The Peter Musto Charitable Trust reported a distributable amount of $3K for 2021 — the minimum it must pay out in qualifying distributions.

About The Peter Musto Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $200K (83%)

District of Columbia $30K (12%)

Connecticut $6K (2%)

Massachusetts $5K (2%)

New York $800 (0%)

States

California Connecticut District of Columbia Massachusetts New York

Cities

Camp MeekerCastro ValleyConcordEast HaddamHealdsburgMontereyNew YorkPalm SpringsSacramentoSan FranciscoWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$93,315
Revenue	$63,560	$82,698
Expenses	$156,875	$107,075
Qualifying Distributions	—	—
Net Investment Income	$56,925	$81,135
Distributable Amount	$3,372	$9,248

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2021

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Society of California Pioneers ($77,401), Crocker Art Museum ($50,000), Church of St Mary the Virgin ($5,000).

Recipient	Purpose	Amount
42ND STREET MOON SAN FRANCISCO, CA	GRANT IS NON-RESTRICTIVE	$2,500
CHURCH OF ST MARY THE VIRGIN SAN FRANCISCO, CA	GRANT IS NON-RESTRICTIVE	$5,000
CORPORATION OF THE FINE ARTS MUSEUM SAN FRANCISCO, CA	GRANT IS NON-RESTRICTIVE	$300
CROCKER ART MUSEUM SACRAMENTO, CA	GRANT IS NON-RESTRICTIVE	$50,000
SAN FRANCISCO BALLET SAN FRANCISCO, CA	GRANT IS NON-RESTRICTIVE	$1,500
SOCIETY OF CALIFORNIA PIONEERS SAN FRANCISCO, CA	GRANT IS NON-RESTRICTIVE	$77,401

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
SPENCER M BRUSH	DIRECTOR	—	—
PETER A MCCOY	DIRECTOR	—	—
PIERRE FV MERLE	DIRECTOR	—	—
PETER J MUSTO	DIRECTOR	—	—

Frequently Asked Questions

Where does The Peter Musto Charitable Trust operate?

The Peter Musto Charitable Trust has awarded grants in California, Connecticut, District of Columbia, Massachusetts, New York.

What size grants does The Peter Musto Charitable Trust award?

In 2021, The Peter Musto Charitable Trust awarded 6 grants totaling $137K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is The Peter Musto Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Peter Musto Charitable Trust reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Peter Musto Charitable Trust's EIN?

The Peter Musto Charitable Trust's EIN (Employer Identification Number) is 94-3053811. IRS Form 990 filing data is available on this page for 2020–2021.