The US Charitable Gift Trust
The US Charitable Gift Trust is a public charity based in Boston, Massachusetts. It offers donor-advised funds and pooled income funds; through its donor-advised funds, account holders can recommend grants to qualified charitable organizations, subject to the Trust’s review and approval.
The US Charitable Gift Trust at a glance
In short: The US Charitable Gift Trust gave $231.4M across 6,518 grants in 2024 (avg $35K), top state Florida. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $231,369,518
- +31.9% vs 2023
- Grants made (2024)
- 6,518
- +18.3% vs 2023
- Average grant
- $35,497
- +11.6% vs 2023
- Median grant
- $12,356
- Total assets
- $2,193,546,383
- +26.2% vs 2023
- Primary geography
- Florida (12% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to The US Charitable Gift Trust
- Contact
Mailing address: One Post Office Square, Boston, MA 02109
Phone: (800) 836-2414
Website: https://uscharitablegifttrust.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The US Charitable Gift Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Schwab Charitable Fund - Paula J Campbell Donor Do ($13.4M). Together the top 10 received $38.8M.
Organizations only. It also paid 6 grants to individuals ($334,424), which are not listed by name.
Grant Size Distribution
12,033 grants across all recorded years
The most common grant size was under $50K: 10,541 grants of 12,033 (88%).
Geographic Focus
Where this funder awards grants
The Trust reported that the largest shares of 2024 grant dollars went to recipients in Florida (12%), California (8%), Massachusetts (7%), New York (6%), and Texas (6%). Its listed 2024 grants also included recipients in states such as Ohio, Pennsylvania, Tennessee, Indiana, Utah, and Vermont.
Grant Distribution by State
Share of 2024 grant dollars across all 6,518 itemized grants.
States
Cities
How The US Charitable Gift Trust gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $129.7M (2019) to $231.4M (2024). In 2024 it made 6,518 grants totaling $231.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable Fund - Paula J Campbell Donor Do Orlando, FL | For Recipient's Exempt Purpose | $13,363,046 |
| Fidelity Investments Charitable Gift Fund Boston, MA | For Recipient's Exempt Purpose | $5,169,219 |
| American Endowment Foundation Hudson, OH | For Recipient's Exempt Purpose | $4,985,885 |
| Raymond James Charitable Endowment Fund St Petersburg, FL | For Recipient's Exempt Purpose | $4,298,175 |
| Renaissance Charitable Foundation Inc Indianapolis, IN | For Recipient's Exempt Purpose | $3,902,395 |
| National Philanthropic Trust Jenkintown, PA | For Recipient's Exempt Purpose | $1,978,796 |
| St Jude Children's Research Hospital Memphis, TN | For Recipient's Exempt Purpose | $1,565,185 |
| LPL Financial LLC - FBO Ceces House of Hope San Diego, CA | For Recipient's Exempt Purpose | $1,188,648 |
| The Ohio State University Foundation Columbus, OH | For Recipient's Exempt Purpose | $1,180,402 |
| The Church of Jesus Christ of Latter Day Saints Salt Lake City, UT | For Recipient's Exempt Purpose | $1,140,787 |
Ready to take the next step with The US Charitable Gift Trust?
Financial History
Multi-year comparison from IRS filings
The Trust was formed in 1999. Its 2024 filing states that control and custody of assets obtained through fundraising resides with Eaton Vance Trust Company, the Trust’s trustee.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,193,546,383 | $430,857,316 | $277,614,618 | $231,369,518 | 6,518 | $79,882,087 |
| 2023 | $1,737,981,703 | $311,917,718 | $213,327,595 | $175,395,853 | 5,512 | $37,972,237 |
| 2022 | $1,258,791,921 | $236,415,879 | $203,557,691 | $172,483,014 | 1 | $21,832,596 |
| 2021 | $1,329,314,188 | $424,474,116 | $175,475,992 | $148,683,357 | 1 | $37,614,749 |
| 2020 | $1,001,513,171 | $244,430,823 | $181,157,001 | $156,013,766 | 1 | $22,143,511 |
| 2019 | $870,606,632 | $218,949,196 | $150,847,897 | $129,741,050 | 1 | $23,070,585 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Trust’s stated mission or purpose is listed as “See Schedule O.” Its website describes services for donors and charitable organizations, including donor-advised funds. It does not specify grantmaking focus areas in the information available here.
The grantees’ own mission statements illustrate the range of organizations receiving grants. St. Jude Children’s Research Hospital says its mission is to advance cures and means of prevention for pediatric catastrophic diseases through research and treatment. Bynum School says it provides personalized educational, behavioral, and vocational programs for people with special needs. Shelburne Farms says it works to inspire and cultivate learning for a sustainable future. These are the grantees’ missions, not stated focus areas of the Trust.
Grantmaking
In 2024, the Trust reported 6,518 grants totaling $231,369,518. Grant amounts ranged from $5,001 to $13,363,046, with a median of $12,356. The listed grants were for recipients’ exempt purposes.
Among the largest 2024 grants were $13,363,046 to Schwab Charitable Fund – Paula J Campbell Donor Do; $5,169,219 to Fidelity Investments Charitable Gift Fund; $4,985,885 to American Endowment Foundation; $4,298,175 to Raymond James Charitable Endowment Fund; and $3,902,395 to Renaissance Charitable Foundation Inc. Other listed recipients included National Philanthropic Trust ($1,978,796), St. Jude Children’s Research Hospital ($1,565,185), Bynum School ($1,091,500), and Shelburne Farms ($1,060,324).
The website says donor-advised fund holders may recommend grants to qualified charitable organizations, subject to the Trust’s review and approval. It provides donor materials including an application, a gifting booklet, and an entity form for donors that are corporations, partnerships, or other entities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jeffrey P. Beale as lead independent director. Directors listed are Michelle A. Kinch, John Griffin, Katharine B. Leness, Kathleen L. Ames, and Amy Danforth, who served until July 2024. Officers listed are Stephen W. Clarke, president and chief philanthropy officer; James Kirchner, treasurer; Michael P. Shattuck, assistant treasurer; and Stephanie Rosander, secretary.
The US Charitable Gift Trust is led by Stephen W. Clarke, President & Chief Phil. Officer since 2024 (on filings since 2023); 6 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Stephen W. Clarke
President & Chief Phil. Officer
President → President & Chief Phil. Officer, 2024
On filings since 2023
40 hrs/week
No compensation reported
Jeffrey P. Beale
Lead Independent Director
Director → Lead Director, 2022
Lead Director → Lead Independent Director, 2023
On filings since 2019
4 hrs/week
$35K (2019) → $60K (2024)
Katharine B. Leness
Director
Director → Vice President, 2020
Vice President → Director, 2021
On filings since 2019
3.5 hrs/week
$35K (2019) → $45K (2024)
Kathleen L. Ames
Director
On filings since 2019
2.5 hrs/week
$30K (2019) → $40K (2024)
John Griffin
Director
On filings since 2021
3 hrs/week
$48K (2022) → $45K (2024)
Michelle A. Kinch
Director
On filings since 2023
3.5 hrs/week
$50K (2023) → $50K (2024)
Amy Danforth
Director
New on the 2024 filing
$17K (2024)
A. John Murphy
Vice President
On filings since 2019
1 hr/week
No compensation reported
James Kirchner
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Lawrence L. Fahey
Vice President & Chief Administrator Officer
President & Director → Vice President, 2023
Vice President → Vice President & Chief Administrator Officer, 2024
On filings since 2019
5 hrs/week
No compensation reported
Michael P. Shattuck
Assistant Treasurer
On filings since 2019
5 hrs/week
No compensation reported
Stephanie Rosander
Secretary
On filings since 2019
5 hrs/week
No compensation reported
Desmond Gallacher
Vice President
On filings since 2021
1 hr/week
No compensation reported
Michael Askew
Assistant Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (6)
- Former: Meghan Moses (2021–2023) — Chief Phil. Officer
- Former: E Michael Brown (2019–2022) — Lead Director
- Former: Michelle A Shell (2019–2022) — Director
- Former: Michelle Rousseau (2019–2022) — Assistant Secretary
- Former: John Shea (2019–2021) — Vice President
- Former: Peter F Crowley (2019–2021) — Vice President
Data from IRS Form 990 filings, 2019–2024. "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
The highest reported compensation on the 2024 filing was $60K, to Jeffrey P Beale (Lead Independent Director). 6 officers or directors reported compensation on that filing.
Frequently asked questions about The US Charitable Gift Trust
How much does The US Charitable Gift Trust give each year?
The US Charitable Gift Trust gave $231.4M across 6,518 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $175.4M across 5,512 grants.
What is The US Charitable Gift Trust's typical grant size?
The US Charitable Gift Trust's median grant in 2024 was $12,356, and its average grant was $35,497, across 6,518 grants on its 2024 IRS Form 990.
Where does The US Charitable Gift Trust give grants?
The US Charitable Gift Trust's top state is Florida, with 12% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (8%) and Massachusetts (7%). The most frequent recipient cities were New York, NY (162 grants), Washington, DC (130 grants), Boston, MA (79 grants) and Minneapolis, MN (73 grants).
Who are The US Charitable Gift Trust's largest grantees?
The US Charitable Gift Trust's largest 2024 grantees include Schwab Charitable Fund - Paula J Campbell Donor Do ($13,363,046), Fidelity Investments Charitable Gift Fund ($5,169,219) and American Endowment Foundation ($4,985,885), according to its 2024 IRS Form 990. It also paid 6 grants to individuals ($334,424), which are not listed by name. Together they received 10% of its itemized 2024 grant dollars.
How large is The US Charitable Gift Trust?
The US Charitable Gift Trust reported $2.2B in total assets on its 2024 IRS Form 990. Its revenue that year was $430.9M.
What does The US Charitable Gift Trust fund?
The Trust’s stated mission or purpose is listed as “See Schedule O.” Its website describes services for donors and charitable organizations, including donor-advised funds. It does not specify grantmaking focus areas in the information available here. See mission & focus areas ↑
How do I apply for a grant from The US Charitable Gift Trust?
The US Charitable Gift Trust has no public application process in the sources Grantable reviewed. Check uscharitablegifttrust.org for current guidelines, or contact the foundation directly before submitting a request.
What is The US Charitable Gift Trust's EIN?
The US Charitable Gift Trust's EIN (Employer Identification Number) is 31-1663020. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS May 7, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in The US Charitable Gift Trust's focus areas in our free grants database
Similar Funders
Similar funders in Massachusetts
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation supports economic inclusion and mobility, including small businesses, early childhood development, affordable housing, and workforce development. Its 2025 grants ranged from $50 to $2,002,500, with a median of $2,500, primarily in Massachusetts and also in New Hampshire and Rhode Island. It accepts online applications and does not limit giving to preselected organizations.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
Barr Foundation
Boston, MA
The Barr Foundation funds arts and creativity, climate, education, and New England’s social sector, primarily through long-term support for organizations in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. Its filing says it accepts only requests from preselected organizations and does not accept unsolicited requests, though its website describes program-page inquiries and occasional open calls.
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (FKA Oneworld Boston Inc)
Woburn, MA
Cummings Foundation Grants Inc. funds nonprofits working in human services, education, healthcare, fairness and justice, and the environment, primarily in greater Boston and eastern Massachusetts. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal during its application cycle, which was not open at the time described.
Assets
$258.2M
Grants
658
Total Given
$38.2M
American Tower Corporation Foundation
Boston, MA
Assets
$15.4M
Grants
632
Total Given
$1.7M
More similar funders
More Funders in Massachusetts
Cite this profile
Grantable. (2026). The US Charitable Gift Trust funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/the-us-charitable-gift-trust-morg_092f9c50d1fc495f96193a43dfd47362
BibTeX
@misc{grantable_311663020_2026,
author = {{Grantable}},
title = {{The US Charitable Gift Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-us-charitable-gift-trust-morg_092f9c50d1fc495f96193a43dfd47362},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The US Charitable Gift Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The US Charitable Gift Trust down — hundreds of funders to go?