William a Rich Scholarship Fund Charitable Tr

BOSTON, MA EIN: 04-6504012

William a Rich Scholarship Fund Charitable Tr is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18K in total assets. In 2024, it awarded 2 grants totaling $3K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18K

-8.8% YoY

Annual Giving

$3K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, William a Rich Scholarship Fund Charitable Tr reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About William a Rich Scholarship Fund Charitable Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $4K (79%)

New York $1K (21%)

States

Massachusetts New York

Cities

BostonNew YorkSalemWorcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,942	$19,684	$18,230
Revenue	$3,997	$3,380	$1,956
Expenses	$7,511	$1,586	$1,597
Qualifying Distributions	$6,750	$852	$858
Net Investment Income	$3,293	$2,663	$1,233
Distributable Amount	$1,260	$1,258	$1,298

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Salem State University ($1,300), Worcester Polytechnical University ($1,200).

Recipient	Purpose	Amount
Worcester Polytechnical University Worcester, MA	SCHOLARSHIP	$1,200
Salem State University Salem, MA	SCHOLARSHIP	$1,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EASTERN BANK TRUSTEE	TRUSTEE	1	$65

Frequently Asked Questions

How large is William a Rich Scholarship Fund Charitable Tr?

As of 2024, William a Rich Scholarship Fund Charitable Tr holds $18K in total assets with $4K in annual revenue. It awarded 2 grants totaling $3K in 2024.

Where does William a Rich Scholarship Fund Charitable Tr operate?

William a Rich Scholarship Fund Charitable Tr has awarded grants in Massachusetts, New York.

What size grants does William a Rich Scholarship Fund Charitable Tr award?

In 2024, William a Rich Scholarship Fund Charitable Tr awarded 2 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is William a Rich Scholarship Fund Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William a Rich Scholarship Fund Charitable Tr reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William a Rich Scholarship Fund Charitable Tr's EIN?

William a Rich Scholarship Fund Charitable Tr's EIN (Employer Identification Number) is 04-6504012. IRS Form 990 filing data is available on this page for 2020–2024.