Trustey Family Foundation Trust

Foundation · Grantmaker Boston, MA EIN: 85-2092356

Trustey Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Key facts about Trustey Family Foundation Trust

In short: Trustey Family Foundation Trust gave $475K across 4 grants in 2025 (avg $119K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
85-2092356
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$475,000
Grants made (2025)
4
Average grant
$118,750
Median grant
$100,000
Total assets
$7,812,830
Primary geography
Massachusetts (95% 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

$7.8M

-2.7% YoY

Annual Giving

$475K

-84.5% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$119K

-80.7% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 4 itemized 2025 grant dollars.

Cities

BostonBelmontPortlandBeverlyNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grants20214 grants20235 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

YMCA of the North Shore Inc: $250KYMCA of the North Shore Inc$250KTrustees of Boston College: $200K across 2 grantsTrustees of Boston College$200K · 2 grantsPeace in Schools: $25KPeace in Schools$25K

Grant Size Distribution

14 grants across all recorded years

4<$50K1$50–100K2$100–250K2$250–500K2$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
YMCA OF THE NORTH SHORE INC Beverly, MAGENERAL$250,000
TRUSTEES OF BOSTON COLLEGE Boston, MAGENERAL$100,000
TRUSTEES OF BOSTON COLLEGE Boston, MAGENERAL$100,000
PEACE IN SCHOOLS Portland, ORGENERAL$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M2021202320242025
Metric202520242023
Total Assets$7,812,830$8,029,610$10,747,705
Revenue$274,589$367,503$8,173,420
Expenses$492,317$3,084,301$4,401,951
Qualifying Distributions$479,000$3,069,111$4,381,889
Net Investment Income$297,345$378,933$180,103
Distributable Amount$420,759$485,123$373,815

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. IRS filings on file for fiscal years 2021–2024

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?

Trustey Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds $7.8M in total assets as of 2025.

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.

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