Torrice Family Charitable Trust
The Torrice Family Charitable Trust is a private foundation based in Andover, Massachusetts. Its 2024 grants supported charitable organizations working in areas including hunger relief, assistance to people facing poverty, youth programming, health and cancer research, wildlife conservation, and Armenian relief.
Torrice Family Charitable Trust at a glance
In short: Torrice Family Charitable Trust gave $169K across 74 grants in 2024 (avg $2K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $168,936
- -13.7% vs 2023
- Grants made (2024)
- 74
- +25.4% vs 2023
- Average grant
- $2,283
- -31.2% vs 2023
- Median grant
- $2,000
- Total assets
- $686,377
- +179.2% vs 2023
- Primary geography
- Massachusetts (62% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Torrice Family Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 43 Canterbury Street, Andover, MA 01810
Phone: (508) 423-8741
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Torrice Family Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Fund for Armenian Relief ($15K). Together the top 10 received $51K.
Grant Size Distribution
202 grants across all recorded years
The most common grant size was under $50K: 199 grants of 202 (99%).
Geographic Focus
Where this funder awards grants
In 2024, Massachusetts organizations received 62% of grant dollars, followed by organizations in Maine (13%), New York (10%), Florida (4%), and New Hampshire (4%). The listed grants also included recipients in other states.
Grant Distribution by State
Share of 2024 grant dollars across all 74 itemized grants.
States
Cities
How Torrice Family Charitable Trust gives
- 5% of 2024 grantees were also funded in 2023. Method
- Giving grew 91% from 2021 to 2024. Method
- In 2024 it paid out 968% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF 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 2020 to 2024, annual grant giving ranged from $89K (2021) to $196K (2023). In 2024 it made 74 grants totaling $169K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fund for Armenian Relief New York, NY | Armenian Releif | $15,000 |
| Beverly Hospital Compass Moms Do Care Watertown, MA | Relief to Victims of KY Tornadoes | $5,000 |
| Fred Hutch Cancer Center Seattle, WA | To Support Cancer Patients and Research | $5,000 |
| James L MC Kewon Boys & Girls Club Woburn, MA | Youth Programming | $5,000 |
| Lazarus House Lawrence, MA | Aid and Support for Disadv & at Risk | $5,000 |
| Woburn Council of Social Concern Woburn, MA | To Fight Hunger | $5,000 |
| Greenbelt - Denormandie Woods Essex, MA | Wildlife Conservation | $3,000 |
| A Place to Turn Natick, MA | To Fight Hunger | $2,000 |
| Acord Food Pantry South Hamilton, MA | To Fight Hunger | $2,000 |
| Acton Food Pantry Boxbourough, MA | To Fight Hunger | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $686,377 | $619,012 | $178,508 | $168,936 | 74 | $168,936 | $17,166 | $17,448 |
| 2023 | $245,873 | $156,065 | $197,213 | $195,750 | 59 | $195,750 | $6,065 | $12,004 |
| 2022 | $287,021 | $109,544 | $94,137 | $93,300 | 67 | $93,300 | $5,541 | $12,607 |
| 2021 | $271,614 | $128,047 | $88,500 | $88,500 | 1 | $88,500 | — | $12,403 |
| 2020 | $232,067 | $96,103 | $90,250 | $90,250 | 1 | — | $4,432 | $11,138 |
Under IRS private-foundation payout rules, Torrice Family Charitable Trust reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the trust is provided. Its 2024 grants went to organizations whose stated work included food access, poverty relief, animal welfare, veteran housing, and community services. For example, the Council of Social Concern describes its work as responding to basic needs and providing early childhood education and care; Lazarus House describes providing shelter, food, clothing, education, and support for people experiencing homelessness and poverty. Good Shepherd Food Bank says it works to eliminate hunger in Maine, while Homes for Our Troops says it builds and donates adapted homes for severely injured post-9/11 veterans.
Grantmaking
In 2024, the trust awarded 74 grants totaling $168,936. Grant amounts ranged from $436 to $15,000, with a median of $2,000. The largest listed award was $15,000 to Fund for Armenian Relief. Other notable grants included $5,000 each to Beverly Hospital Compass Moms Do Care, Fred Hutch Cancer Center, James L Mc Kewon Boys & Girls Club, Lazarus House, and Woburn Council of Social Concern. The stated purposes included tornado relief, support for cancer patients and research, youth programming, assistance to disadvantaged and at-risk people, and hunger relief.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stephen G Torrice, Susan T Franson, and Elizabeth A Donaghey as trustees.
Torrice Family Charitable Trust's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elizabeth A. Donaghey
Trustee
On filings since 2020
No compensation reported
Stephen G. Torrice
Trustee
On filings since 2020
No compensation reported
Susan T. Franson
Trustee
On filings since 2020
No compensation reported
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.
Frequently asked questions about Torrice Family Charitable Trust
How much does Torrice Family Charitable Trust give each year?
Torrice Family Charitable Trust gave $169K across 74 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $196K across 59 grants.
What is Torrice Family Charitable Trust's typical grant size?
Torrice Family Charitable Trust's median grant in 2024 was $2,000, and its average grant was $2,283, across 74 grants on its 2024 IRS Form 990-PF.
Where does Torrice Family Charitable Trust give grants?
Torrice Family Charitable Trust gives mostly in Massachusetts: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Maine (13%) and New York (10%). The most frequent recipient cities were Woburn, MA (4 grants), Lowell, MA (4 grants), Lawrence, MA (3 grants) and Portland, ME (3 grants).
Does Torrice Family Charitable Trust give general operating support?
Not in 2024: none of the 74 grants with a stated purpose on Torrice Family Charitable Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Fight Hunger" (41 grants) and "Youth Programming" (3 grants).
Who are Torrice Family Charitable Trust's largest grantees?
Torrice Family Charitable Trust's largest 2024 grantees include Fund for Armenian Relief ($15,000), Beverly Hospital Compass Moms Do Care ($5,000) and Fred Hutch Cancer Center ($5,000), according to its 2024 IRS Form 990-PF. Together they received 15% of its itemized 2024 grant dollars.
How large is Torrice Family Charitable Trust?
Torrice Family Charitable Trust reported $686K in total assets on its 2024 IRS Form 990-PF. It paid out $169K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).
What does Torrice Family Charitable Trust fund?
No mission statement for the trust is provided. Its 2024 grants went to organizations whose stated work included food access, poverty relief, animal welfare, veteran housing, and community services. See mission & focus areas ↑
How do I apply for a grant from Torrice Family Charitable Trust?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Torrice Family Charitable Trust's EIN?
Torrice Family Charitable Trust's EIN (Employer Identification Number) is 81-4728438. IRS Form 990 filing data is available on this page for 2020–2024.
Does Torrice Family Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Torrice Family Charitable Trust funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/torrice-family-charitable-trust-morg_48ce0959aeaa4200a28de8abca306c4d
BibTeX
@misc{grantable_814728438_2026,
author = {{Grantable}},
title = {{Torrice Family Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/torrice-family-charitable-trust-morg_48ce0959aeaa4200a28de8abca306c4d},
note = {Accessed 2026-10-14. 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 Torrice Family Charitable 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.
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