William & Ellen E Ames Charitable Trust

PENNINGTON, NJ EIN: 65-6406252

William & Ellen E Ames Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 3 grants totaling $285K. Net investment income was $509K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.5M

+2.3% YoY

Annual Giving

$285K

-4.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$95K

-4.1% YoY

Under IRS private-foundation payout rules, William & Ellen E Ames Charitable Trust reported a distributable amount of $371K for 2024 — the minimum it must pay out in qualifying distributions.

About William & Ellen E Ames Charitable Trust

Based on IRS filings

William & Ellen E Ames Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 3 grants totaling $285K. Net investment income was $509K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

MysticWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$271K$542K$813K$1M20202021202220232024
Metric202420232022
Total Assets$6,517,724$6,370,539$6,400,293
Revenue$561,504$369,916$307,853
Expenses$411,171$403,567$436,034
Qualifying Distributions$355,297$355,610$372,676
Net Investment Income$508,778$319,572$259,650
Distributable Amount$371,416$343,336$360,368

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$155K$232K$310K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

WORCESTER POLYTECHNIC INST$95KMYSTIC SEAPORT INC$95KMYSTIC AND NOANK LIBRARY$95K

Grant Size Distribution

15 grants across all recorded years

<$50K12$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Worcester Polytechnic Inst ($95,019), Mystic Seaport Inc ($95,019), Mystic and Noank Library ($95,019).

RecipientPurposeAmount
WORCESTER POLYTECHNIC INST WORCESTER, MAGENERAL OPERATING$95,019
MYSTIC SEAPORT INC MYSTIC, CTGENERAL OPERATING$95,019
MYSTIC AND NOANK LIBRARY MYSTIC, CTGENERAL OPERATING$95,019

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ATRUSTEE$117K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICA N ATRUSTEE2$117,067

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is William & Ellen E Ames Charitable Trust?

William & Ellen E Ames Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $6.5M in total assets as of 2024.

How large is William & Ellen E Ames Charitable Trust?

As of 2024, William & Ellen E Ames Charitable Trust holds $6.5M in total assets with $562K in annual revenue. It awarded 3 grants totaling $285K in 2024.

Where does William & Ellen E Ames Charitable Trust operate?

William & Ellen E Ames Charitable Trust has awarded grants in Connecticut, Massachusetts.

What size grants does William & Ellen E Ames Charitable Trust award?

In 2024, William & Ellen E Ames Charitable Trust awarded 3 grants totaling $285K — an average of about $95K per grant, based on its IRS Form 990 filings.

How much is William & Ellen E Ames Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Ellen E Ames Charitable Trust reported a distributable amount of $371K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William & Ellen E Ames Charitable Trust's EIN?

William & Ellen E Ames Charitable Trust's EIN (Employer Identification Number) is 65-6406252. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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