Trustees of the Putnam Free School

NEWBURYPORT, MA EIN: 04-6040535

Trustees of the Putnam Free School is a private foundation, based in NEWBURYPORT, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 8 grants totaling $110K. Net investment income was $38K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.6M

+0.4% YoY

Annual Giving

$110K

+10.0% YoY

Grant Count

8

-27.3% YoY

Avg Grant Size

$14K

+51.3% YoY

About Trustees of the Putnam Free School

Based on IRS filings

Trustees of the Putnam Free School is a private foundation, based in NEWBURYPORT, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 8 grants totaling $110K. Net investment income was $38K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

ByfieldGrovelandMerrimacNewburyNewburyportRecipientsRowleySalisburyWest Newbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$307K$614K$921K$1M202020212022202320242025
Metric202520242023
Total Assets$1,647,631$1,641,211$1,650,781
Revenue$146,129$107,712$-4,884
Expenses$130,046$125,166$118,097
Qualifying Distributions$116,235$109,414$106,274
Net Investment Income$37,985$32,865$30,368
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$57K$86K$114K1 grants20201 grants20211 grants202219 grants202311 grants20248 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

SOPHIE MARCUS$18KKAYLA MURPHY$17KMATTHEW PIPAN$17KELLA TIERNEY$14KGABRIELLA BRANCATO$11KALYSSA ELWELL$11KERIN MARSHALL$10KLISIBEL SOTO$10K

Grant Size Distribution

40 grants across all recorded years

38<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Sophie Marcus ($18,333), Kayla Murphy ($17,315), Matthew Pipan ($17,315).

RecipientPurposeAmount
GABRIELLA BRANCATO GROVELAND, MASCHOLARSHIP$11,203
ALYSSA ELWELL ROWLEY, MASCHOLARSHIP$11,203
ERIN MARSHALL NEWBURYPORT, MASCHOLARSHIP$10,185
SOPHIE MARCUS MERRIMAC, MASCHOLARSHIP$18,333
KAYLA MURPHY WEST NEWBURY, MASCHOLARSHIP$17,315
MATTHEW PIPAN GROVELAND, MASCHOLARSHIP$17,315
LISIBEL SOTO MERRIMAC, MASCHOLARSHIP$10,185
ELLA TIERNEY NEWBURYPORT, MASCHOLARSHIP$14,259

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Trustees of the Putnam Free School?

As of 2025, Trustees of the Putnam Free School holds $1.6M in total assets with $146K in annual revenue. It awarded 8 grants totaling $110K in 2025.

Where does Trustees of the Putnam Free School operate?

Trustees of the Putnam Free School has awarded grants in Massachusetts.

What size grants does Trustees of the Putnam Free School award?

In 2025, Trustees of the Putnam Free School awarded 8 grants totaling $110K — an average of about $14K per grant, based on its IRS Form 990 filings.

What is Trustees of the Putnam Free School's EIN?

Trustees of the Putnam Free School's EIN (Employer Identification Number) is 04-6040535. IRS Form 990 filing data is available on this page for 2020–2025.

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

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