501(c)(3) charity; gifts are tax-deductible.
$53K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $37K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$53K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
990-PF Pt VIII
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+51% vs prior year
Spent
$830K
Net assets
$4.9M
By yearFY2020–FY2025
Revenue
$1.3M
FY2025▲ +51%
Tap a bar for its year
Revenue by fiscal year
FY2020$337K
FY2021$480K
FY2022$363K
FY2023$363K
FY2024$844K
FY2025$1.3M
Expenses
$830K
FY2025▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$138K
FY2021$503K
FY2022$585K
FY2023$672K
FY2024$713K
FY2025$830K
Net assets
$4.9M
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.9M
FY2021$4.9M
FY2022$4.7M
FY2023$4.4M
FY2024$4.5M
FY2025$4.9M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $715K Operating & administrative 14% · $115K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF; $53K paid to officers and key staff.

Part VII, Section A · reportable compensation
$23,000Pt VII · Sec A
$22,500Pt VII · Sec A
$7,500Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Michael J Puzo$23,000$11,250$23,750
Rev Dr Nancy S Smith$22,500$18,750$15,000
Elizabeth M Fisher$7,500$9,375$7,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Adelard a & Valeda Lea Roy Foundation executive salaries →

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Programs and updates

A private foundation based in Boston, MA.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 143 grants · $715K · 2025–2025
Vermont Land Trust INCFY2025$10,000
Southeast Land Trust of New HampshireFY2025$10,000
Society for the Protection of New Hampshire ForestsFY2025$10,000
Individual RecipientFY2025$10,000
Home Health & Hospice CareFY2025$10,000
Trust for Public LandFY2025$9,000
Natural Resources Council INCFY2025$9,000
Acton Wakefield Watersheds Alliance INCFY2025$9,000
Vermont Natural Resources Council INCFY2025$7,500
New Hampshire Project Learning TreeFY2025$7,500
Individual RecipientFY2025$7,500
Individual RecipientFY2025$7,500
Individual RecipientFY2025$6,000
North Bennet Street SchoolFY2025$6,000
Preservation Trust of Vermont INCFY2025$5,400
Zumix INCFY2025$5,000
Women's Lunch Place INCFY2025$5,000
Individual RecipientFY2025$5,000
See all 143 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$5K
Median grantPart XV$5K
Largest grantPart XV$10K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$1.3M
Investment income$1.3M
Money out
$830K
Grants paid$715K
Running costs$115K
Owns and owes
$4.9M
net assets
Cash and savings$230K
Total assets$4.9M
Liabilities$0
People
3
listed
Paid3
2In more detail
Revenue in detail
Investment income$1.3M
Total revenue$1.3M
Assets in detailEnd of year
Cash and savings together$230K
Total assets$4.9M
Liabilities$0
Net assets$4.9M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.3M$830K$446K$4.9M 990 PDF
FY2024 $844K$713K$131K$4.5M 990 PDF
FY2023 $363K$672K−$309K$4.4M 990 PDF
FY2022 $363K$585K−$221K$4.7M 990 PDF
FY2021 $480K$503K−$23K$4.9M 990 PDF
FY2020 $337K$138K$198K$4.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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