Trustey Family Foundation Trust
Trustey Family Foundation Trust is a private foundation, based in Boston, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.8M in total assets. In 2025, it awarded 4 grants totaling $475K. Net investment income was $297K.
Trustey Family Foundation Trust at a glance
In short: Trustey Family Foundation Trust gave $475K across 4 grants in 2025 (avg $119K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $475,000
- -84.5% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $118,750
- -80.7% vs 2024
- Median grant
- $100,000
- Total assets
- $7,812,830
- -2.7% vs 2024
- Primary geography
- Massachusetts (95% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Trustey Family Foundation Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was YMCA of the North Shore Inc ($250K). Together the top 3 received $475K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 4 grants of 14 (29%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Trustey Family Foundation Trust gives
- In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $475K (2025) to $4.4M (2023). In 2025 it made 4 grants totaling $475K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA of the North Shore Inc Beverly, MA | General | $250,000 |
| Trustees of Boston College Boston, MA | General | $100,000 |
| Trustees of Boston College Boston, MA | General | $100,000 |
| Peace in Schools Portland, OR | General | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,812,830 | $274,589 | $492,317 | $475,000 | 4 | $479,000 | $297,345 | $420,759 |
| 2024 | $8,029,610 | $367,503 | $3,084,301 | $3,068,611 | 5 | $3,069,111 | $378,933 | $485,123 |
| 2023 | $10,747,705 | $8,173,420 | $4,401,951 | $4,381,389 | 4 | $4,381,889 | $180,103 | $373,815 |
| 2021 | $6,678,729 | $686,612 | $2,016,146 | $2,000,000 | 1 | $2,000,000 | $596,808 | $384,042 |
Under IRS private-foundation payout rules, Trustey Family Foundation Trust reported a distributable amount of $421K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Trustey Family Foundation Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kristine M. Trustey
Trustee
Director → Trustee, 2024
On filings since 2021
5 hrs/week
No compensation reported
Robert G. Bannish
Trustee
Director → Trustee, 2024
On filings since 2021
1 hr/week
No compensation reported
Sean D. McGraw
Trustee
Director → Trustee, 2024
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Trustey Family Foundation Trust
How much does Trustey Family Foundation Trust give each year?
Trustey Family Foundation Trust gave $475K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.1M across 5 grants.
What is Trustey Family Foundation Trust's typical grant size?
Trustey Family Foundation Trust's median grant in 2025 was $100,000, and its average grant was $118,750, across 4 grants on its 2025 IRS Form 990-PF.
Where does Trustey Family Foundation Trust give grants?
Trustey Family Foundation Trust gives mostly in Massachusetts: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Oregon (5%). The most frequent recipient cities were Boston, MA (2 grants).
Does Trustey Family Foundation Trust give general operating support?
Yes: 100% of Trustey Family Foundation Trust's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Trustey Family Foundation Trust?
Trustey Family Foundation Trust reported $7.8M in total assets on its 2025 IRS Form 990-PF. It paid out $479K in qualifying distributions that year, against a required minimum of $421K (roughly 5% of its investment assets).
What is Trustey Family Foundation Trust's EIN?
Trustey Family Foundation Trust's EIN (Employer Identification Number) is 85-2092356. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Trustey Family Foundation Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Trustey Family Foundation Trust's focus areas in our free grants database
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More similar funders
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