Twin Lights Beverages Scholarship Trust is a private foundation focused on Education, based in GLOUCESTER, MA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 15 grants totaling $120K. Net investment income was $110K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.6M
+0.7% YoY
Annual Giving
$120K
-40.0% YoY
Grant Count
15
+66.7% YoY
Avg Grant Size
$8K
-64.0% YoY
Under IRS private-foundation payout rules, Twin Lights Beverages Scholarship Trust reported a distributable amount of $138K for 2025 — the minimum it must pay out in qualifying distributions.
About Twin Lights Beverages Scholarship Trust
Based on IRS filings
Twin Lights Beverages Scholarship Trust is a private foundation focused on Education, based in GLOUCESTER, MA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 15 grants totaling $120K. Net investment income was $110K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,613,006 | $2,595,572 | $1,721,787 |
| Revenue | $159,922 | $1,089,614 | $1,725,107 |
| Expenses | $142,482 | $215,829 | $3,317 |
| Qualifying Distributions | $120,500 | $200,500 | — |
| Net Investment Income | $110,044 | $74,891 | $21,790 |
| Distributable Amount | $138,185 | $119,231 | $84,540 |
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 2025
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Andrew Fahim ($20,000), Alycia Hogan-lopez ($11,250), Morgan Reilly ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MORGAN REILLY GLOUCESTER, MA | SCHOLARSHIP | $5,000 |
| SOPHIA SILVERIA GLOUCESTETR, MA | SCHOLARSHIP | $3,750 |
| ALYCIA HOGAN-LOPEZ GLOUCESTER, MA | SCHOLARSHIP | $11,250 |
| JACKSON PIERCE GLOUCESTER, MA | SCHOLARSHIP | $7,500 |
| DANIEL P O'LEARY GLOUCESTER, MA | SCHOLARSHIP | $7,500 |
| MORGAN REILLY GLOUCESTER, MA | SCHOLARSHIP | $10,000 |
| ANDREW FAHIM GLOUCESTER, MA | SCHOLARSHIP | $20,000 |
| TAIYA MANO GLOUCESTER, MA | SCHOLARSHIP | $7,500 |
| HALIA TAYLOR GLOUCESTER, MA | SCHOLARSHIP | $7,500 |
| FRANCESCA TWOMNLY GLOUCESTER, MA | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP E HOPKINS | TRUSTEE | 1 | — |
| JOHN W SALISBURY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Twin Lights Beverages Scholarship Trust?
Twin Lights Beverages Scholarship Trust is a private foundation focused on Education, based in GLOUCESTER, MA. It holds $2.6M in total assets as of 2025.
How large is Twin Lights Beverages Scholarship Trust?
As of 2025, Twin Lights Beverages Scholarship Trust holds $2.6M in total assets with $160K in annual revenue. It awarded 15 grants totaling $120K in 2025.
Where does Twin Lights Beverages Scholarship Trust operate?
Twin Lights Beverages Scholarship Trust has awarded grants in Massachusetts.
What size grants does Twin Lights Beverages Scholarship Trust award?
In 2025, Twin Lights Beverages Scholarship Trust awarded 15 grants totaling $120K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Twin Lights Beverages Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Twin Lights Beverages Scholarship Trust reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Twin Lights Beverages Scholarship Trust's EIN?
Twin Lights Beverages Scholarship Trust's EIN (Employer Identification Number) is 87-6910148. IRS Form 990 filing data is available on this page for 2023–2025.
Explore Open Grants
Browse active grant opportunities in Twin Lights Beverages Scholarship Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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