Theodore Eliott Charitable Trust Agency

Private foundation · Grantmaker Kennebunk, ME EIN: 27-0163539

Theodore Eliott Charitable Trust Agency is a private foundation, based in Kennebunk, ME. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 7 grants totaling $110K. Net investment income was $100K.

Key facts about Theodore Eliott Charitable Trust Agency

In short: Theodore Eliott Charitable Trust Agency gave $110K across 7 grants in 2025 (avg $16K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
27-0163539
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$110,000
Grants made (2025)
7
Average grant
$15,714
Median grant
$12,500
Total assets
$1,926,023
Primary geography
Massachusetts (50% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.9M

-0.6% YoY

Annual Giving

$110K

+10.0% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$16K

-21.4% YoY

Under IRS private-foundation payout rules, Theodore Eliott Charitable Trust Agency reported a distributable amount of $123K for 2025 — the minimum it must pay out in qualifying distributions.

How Theodore Eliott Charitable Trust Agency gives

  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 89% 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

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

RaleighBrooklineBaltimoreAtlantaBostonConcordNorth AttleboroTowson

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants2020 6 grants2021 8 grants2022 6 grants2023 5 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $100K (2020) to $122K (2023). In 2025 it made 7 grants totaling $110K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Annunciation Greek Orthodox Cathedral: $30KAnnunciation Greek OrthodoxCathedral$30KGreek Orthodox Metropolis of Boston: $25KGreek Orthodox Metropolis ofBoston$25KSt John the Merciful Outreach Ministry: $20KSt John the Merciful OutreachMinistry$20KHoly Trinity Greek Orthodox Church: $13KHoly Trinity Greek OrthodoxChurch$13KAll Saints Antiochian Orthodox Church: $10KAll Saints Antiochian OrthodoxChurch$10KInternational Orthodox Christian Charities: $8KInternational OrthodoxChristian Charities$8KUNH Franklin Pierce School of Law: $5KUNH Franklin Pierce School ofLaw$5K

The largest 2025 recipient was Annunciation Greek Orthodox Cathedral ($30K). Together the top 7 received $110K.

Grant Size Distribution

32 grants across all recorded years

31<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 32 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Annunciation Greek Orthodox Cathedral Brookline, MAFor Organization's General Purposes$30,000
Greek Orthodox Metropolis of Boston Brookline, MAFor Organization's General Purposes$25,000
St John the Merciful Outreach Ministry Raleigh, NCFor the Organization's General Purposes$20,000
Holy Trinity Greek Orthodox Church Raleigh, NCFor Organization's General Purposes$12,500
All Saints Antiochian Orthodox Church Raleigh, NCFor the Organization's General Purposes$10,000
International Orthodox Christian Charities Towson, MDFor the Organization's General Purposes$7,500
UNH Franklin Pierce School of Law Concord, NHFor the Organization's General Purposes$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,926,023$1,936,740$1,976,890
Revenue$128,042$98,050$305,909
Expenses$138,422$140,503$147,214
Qualifying Distributions$110,000$100,000$122,361
Net Investment Income$99,620$63,883$282,173
Distributable Amount$123,291$116,658$103,476

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 May 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)

Leadership & Key People

Officers and directors from IRS filings

Theodore Eliott Charitable Trust Agency's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Charles Karvelas

    Co-Trustee

    On filings since 2020

    No compensation reported

  • Marica Arvanites

    Co-Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Theodore Eliott Charitable Trust Agency

How much does Theodore Eliott Charitable Trust Agency give each year?

Theodore Eliott Charitable Trust Agency gave $110K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 5 grants.

What is Theodore Eliott Charitable Trust Agency's typical grant size?

Theodore Eliott Charitable Trust Agency's median grant in 2025 was $12,500, and its average grant was $15,714, across 7 grants on its 2025 IRS Form 990-PF.

Where does Theodore Eliott Charitable Trust Agency give grants?

Theodore Eliott Charitable Trust Agency gives mostly in Massachusetts: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (39%) and Maryland (7%). The most frequent recipient cities were Raleigh, NC (3 grants) and Brookline, MA (2 grants).

Does Theodore Eliott Charitable Trust Agency give general operating support?

Yes: 100% of Theodore Eliott Charitable Trust Agency's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Theodore Eliott Charitable Trust Agency's largest grantees?

Theodore Eliott Charitable Trust Agency's largest 2025 grantees include Annunciation Greek Orthodox Cathedral ($30,000), Greek Orthodox Metropolis of Boston ($25,000) and St John the Merciful Outreach Ministry ($20,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.

How large is Theodore Eliott Charitable Trust Agency?

Theodore Eliott Charitable Trust Agency reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $123K (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.

What is Theodore Eliott Charitable Trust Agency's EIN?

Theodore Eliott Charitable Trust Agency's EIN (Employer Identification Number) is 27-0163539. IRS Form 990 filing data is available on this page for 2020–2025.

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

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