Ttee Uw of Charles F Bacon

DALLAS, TX EIN: 04-6024467

The Trustees Uw of Charles F Bacon (also known as Charles F. Bacon Trust) is a private foundation established in 1928 and located in Dallas, Texas. The organization operates as an independent foundation with a single employee and is managed by Bank of America as trustee.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

+4.0% YoY

Annual Giving

$195K

-11.4% YoY

Grant Count

+6.3% YoY

Avg Grant Size

$11K

-16.6% YoY

Under IRS private-foundation payout rules, Ttee Uw of Charles F Bacon reported a distributable amount of $270K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Trust supports quality educational, human services, and health care programming for underserved populations. Special consideration is given to organizations that serve the needs of elderly women.

The foundation also maintains a Grants to Individuals Program providing welfare assistance to former employees of Conrad and Chandler Co. who have either retired or resigned due to illness.

Grantmaking

The foundation made 15 grants in 2024, with typical award sizes ranging from $10,000 to $20,000. Recent grantees include:

Grant Types

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Geographic Focus

Where this funder awards grants

The foundation's primary grantmaking focus is in Massachusetts, though it is based in Dallas, Texas.

Grant Distribution by State

Massachusetts $1.0M (99%)

North Carolina $15K (1%)

States

Massachusetts North Carolina

Cities

BedfordBostonBrightonDorchesterEast BostonFraminghamHendersonvilleJamaica PlainMaldenMelroseOrleansPlymouthRandolphTurners FallsWaltham

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (as of December 2024)

Total assets: $4,808,724
Total revenues: $479,805
Total expenses: $289,684
Number of employees: 1

Management

Bank of America N.A. serves as Managing Director with compensation of $58,058 (as of March 2024).

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,808,724	$4,623,538	$4,803,720
Revenue	$479,805	$123,154	$-125,473
Expenses	$289,684	$301,682	$335,365
Qualifying Distributions	$236,580	$258,414	$279,414
Net Investment Income	$427,121	$78,748	$53,738
Distributable Amount	$270,432	$246,917	$258,951

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

81 grants across all recorded years

Open Grants

1 open opportunity from Ttee Uw of Charles F Bacon

Foundation

Charles F. Bacon Trust Grant

TTEE UW OF CHARLES F BACON

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rogerson Communities ($15,000), Ecumenical Social Action Committee ($15,000), Friends of 2life Communities Inc ($15,000).

Recipient	Purpose	Amount
ROGERSON COMMUNITIES BOSTON, MA	UNRESTRICTED GENERAL	$15,000
ECUMENICAL SOCIAL ACTION COMMITTEE JAMAICA PLAIN, MA	UNRESTRICTED GENERAL	$15,000
LIFE PATH INC TURNERS FALLS, MA	UNRESTRICTED GENERAL	$10,000
MYSTIC VALLEY ELDER SERVICES INC MALDEN, MA	UNRESTRICTED GENERAL	$10,000
MINUTEMAN SENIOR SERVICES BEDFORD, MA	UNRESTRICTED GENERAL	$10,000
FRIENDS OF 2LIFE COMMUNITIES INC BRIGHTON, MA	UNRESTRICTED GENERAL	$15,000
SAMARITANS INC BOSTON, MA	UNRESTRICTED GENERAL	$10,000
CODMAN SQ NEIGHBORHOOD DEVT COALITION DORCHESTER, MA	UNRESTRICTED GENERAL	$10,000
HOMELESS PREVENTION COUNCIL INC ORLEANS, MA	UNRESTRICTED GENERAL	$10,000
BEACON HILL VILLAGE INC BOSTON, MA	UNRESTRICTED GENERAL	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$66,181

Frequently Asked Questions

What does Ttee Uw of Charles F Bacon fund?

The Trust supports quality educational, human services, and health care programming for underserved populations. Special consideration is given to organizations that serve the needs of elderly women. The foundation also maintains a Grants to Individuals Program providing welfare assistance to former employees of Conrad and Chandler Co. who have either retired or resigned due to illness.

How do I apply for a grant from Ttee Uw of Charles F Bacon?

**Grant Activity & Amounts** The foundation made 15 grants in 2024, with typical award sizes ranging from $10,000 to $20,000. Recent grantees include: • Rogerson Communities ($15,000) • Friends of 2life Communities ($15,000) • La Alianza Hispana ($15,000) Total giving in 2024 was $195,000. **Grant Types** The foundation primarily awards unrestricted general grants and supports operating and program support, including small capital expenses. Most grants are awarded for one year, though multi-yea…

Where does Ttee Uw of Charles F Bacon make grants?

The foundation's primary grantmaking focus is in Massachusetts, though it is based in Dallas, Texas.

What size grants does Ttee Uw of Charles F Bacon award?

In 2024, Ttee Uw of Charles F Bacon awarded 17 grants totaling $195K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Ttee Uw of Charles F Bacon required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ttee Uw of Charles F Bacon reported a distributable amount of $270K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.