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Filing year 2024

Douglas Drane Charitable Trust

Gloucester, Massachusetts·EIN 04-3371223·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$49k
Total assets
$1.1M
Total expenses
$135k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. Douglas Drane Charitable Trust reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$115k

Itemized grants

9

Median grant

$10k

RecipientLocationPurposeAmount
Association on Aging in New YorkAlbany, NYunrestricted$25k
Masssachusetts Wonderfund IncBoston, MAunrestricted$20k
Care DimensionsDanvers, MAunrestricted$15k
Foundation for Art and HealingBrighton, MAunrestricted charitable purposeunrestricted$10k
Coalition to Transform Advanced CareWashington, DCunrestricted$10k
Childrens Hospital BostonBoston, MAunrestricted$10k
I AM ALSWashington, DCunrestricted$10k
Essex North Shore Agricultural & Technical SchoolHawthorne, MAunrestricted$10k
Boston Medical CenterBoston, MAunrestricted$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Douglas Drane Charitable Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$50k
$159k
2023
$49k
$135k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

Douglas Drane Charitable Trust reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about Douglas Drane Charitable Trust

What are Douglas Drane Charitable Trust's revenue and expenses?

In 2024, Douglas Drane Charitable Trust reported $49k in total revenue and $135k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.