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Filing year 2023

THE GEORGE I ALDEN TRUST

Worcester, Massachusetts·EIN 04-6023784·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$11.3M
Total assets
$203.4M
Total expenses
$13.5M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Trustee
Board Member
Above 90th percentile
$150k
$167k
Trustee
Board Member
Above 90th percentile
$150k
$167k
Trustee
Board Member
Above 90th percentile
$150k
$167k
Trustee
Board Member
Above 90th percentile
$150k
$167k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE GEORGE I ALDEN TRUST equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$11M

Itemized grants

76

Median grant

$100k

RecipientLocationPurposeAmount
WORCESTER POLYTECHNIC INSTITUTEWORCESTER, MATO FURTHER EDUCATION$1.8M
CLARK UNIVERSITYWORCESTER, MATO FURTHER EDUCATION$1M
WORCESTER ACADEMYWORCESTER, MATO FURTHER EDUCATION$750k
YMCA OF CENTRAL MASSACHUSETTSWORCESTER, MATO FURTHER EDUCATION$675k
UNITED WAY OF CENTRAL MASSACHUSETTSWORCESTER, MATO FURTHER EDUCATION$300k
UNIVERSITY OF MASSACHUSETTS CHAN MEDICAL SCHOOLWORCESTER, MATO FURTHER EDUCATION$250k
WORCESTER COUNTY MECHANICS ASSOCIATIONWORCESTER, MATO FURTHER EDUCATION$250k
SALVE REGINA UNIVERSITYNEWPORT, RITO FURTHER EDUCATION$220k
TUFTS UNIVERSITY SCHOOL OF VETERINARY MEDICINENORTH GRAFTON, MATO FURTHER EDUCATION$210k
BOYS AND GIRLS CLUB OF WORCESTERWORCESTER, MATO FURTHER EDUCATION$200k
DEAN COLLEGEFRANKLIN, MATO FURTHER EDUCATION$200k
BERKSHIRE FAMILY YMCAPITTSFIELD, MATO FURTHER EDUCATION$200k
WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATIONWORCESTER, MATO FURTHER EDUCATION$200k
ELIZABETHTOWN COLLEGEELIZABETHTOWN, PATO FURTHER EDUCATION$180k
LE MOYNE COLLEGESYRACUSE, NYTO FURTHER EDUCATION$180k
GETTYSBURG COLLEGEGETTYSBURG, PATO FURTHER EDUCATION$175k
BRYANT UNIVERSITYSMITHFIELD, RITO FURTHER EDUCATION$175k
WESLEYAN UNIVERSITYMIDDLETOWN, CTTO FURTHER EDUCATION$175k
LEBANON VALLEY COLLEGEANNVILLE, PATO FURTHER EDUCATION$175k
MARYWOOD UNIVERSITYSCRANTON, PATO FURTHER EDUCATION$175k
MISERICORDIA UNIVESITYDALLAS, PATO FURTHER EDUCATION$175k
SAINT PETERS UNIVERSITYJERSEY CITY, NJTO FURTHER EDUCATION$170k
YMCA OF GREATER BOSTONBOSTON, MATO FURTHER EDUCATION$150k
HAMILTON COLLEGECLINTON, NYTO FURTHER EDUCATION$150k
BERRY COLLEGEMT BERRY, GATO FURTHER EDUCATION$150k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE GEORGE I ALDEN TRUST

What does the Board Member of THE GEORGE I ALDEN TRUST earn?

In 2023, the Board Member of THE GEORGE I ALDEN TRUST received $150,000 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE GEORGE I ALDEN TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board Member at THE GEORGE I ALDEN TRUST falls in the top 10%. In 2023, the highest total compensation at THE GEORGE I ALDEN TRUST equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE GEORGE I ALDEN TRUST's revenue and expenses?

In 2023, THE GEORGE I ALDEN TRUST reported $11.3M in total revenue and $13.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.