THE US CHARITABLE GIFT TRUST

EIN: 311663020 501(c)(3) Philanthropy & Grantmaking

BOSTON, MA

Total Revenue
$311,917,718
Total Expenses
$213,327,595
Total Assets
$1,737,981,703
Net Assets
$1,274,464,266
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MA
Principal Officer
STEPHEN W CLARKE
Phone
8008362414
Tax Period
2023-01-01 to 2023-12-31

THE US CHARITABLE GIFT TRUST, founded in 1999, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $311.9M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98.6M, a strong 32% operating margin.

Mission

ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES THE MISSION OF THE U.S. CHARITABLE GIFT TRUST (THE "TRUST") IS TO INCREASE CHARITABLE GIVING THROUGH A COST-EFFECTIVE AND TAX-ADVANTAGED INVESTMENT PROGRAM THAT HELPS DONORS ACHIEVE THEIR PHILANTHROPIC GOALS. EATON VANCE MANAGEMENT MANAGES THE TRUST UNDER THE SUPERVISION OF THE TRUST'S BOARD OF DIRECTORS AND, ALONG WITH EATON VANCE TRUST COMPANY ("EVTC") AND CALVERT RESEARCH AND MANAGEMENT AS WELL AS CI EATON PRIVATE WEALTH, PROVIDES INVESTMENT ADVISORY SERVICES TO THE TRUST. ON AN ONGOING BASIS, EVTC, AS THE TRUST'S TRUSTEE, HIRES AND OVERSEES CERTAIN SERVICE PROVIDERS TO THE TRUST.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $273,945,481
Program Service Revenue $0
Investment Income $37,972,237
Other Revenue $0
TOTAL REVENUE $311,917,718

Expense Breakdown

Grants Paid $199,729,751
Salaries & Benefits $240,000
Fundraising Expenses $6,413,733
Program Expenses $199,729,751
Other Expenses $6,944,111
TOTAL EXPENSES $213,327,595

Year-over-Year Comparison

2023 2022 Change
Revenue $311,917,718 $236,415,879 +0.3%
Expenses $213,327,595 $203,557,691 +0.0%
Net Income $98,590,123 $32,858,188 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$0
Total Directors
7
$240,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY P BEALE LEAD INDEPENDENT DIRECTOR 4.0
Director
$60,000 $0 $60,000
MICHELLE A KINCH DIRECTOR 3.5
Director
$50,000 $0 $50,000
JOHN GRIFFIN DIRECTOR 3.0
Director
$45,000 $0 $45,000
KATHARINE B LENESS DIRECTOR 3.5
Director
$45,000 $0 $45,000
KATHLEEN L AMES DIRECTOR 2.5
Director
$40,000 $0 $40,000
LAWRENCE L FAHEY VICE PRESIDENT 5.0
Officer Director
$0 $0 $0
STEPHEN W CLARKE PRESIDENT 40.0
Officer Director
$0 $0 $0
JAMES KIRCHNER TREASURER 2.0
Officer
$0 $0 $0
MICHAEL P SHATTUCK ASST TREASURER 5.0
Officer
$0 $0 $0
STEPHANIE ROSANDER SECRETARY 5.0
Officer
$0 $0 $0
DESMOND GALLACHER VICE PRESIDENT 1.0
Officer
$0 $0 $0
A JOHN MURPHY VICE PRESIDENT 1.0
Officer
$0 $0 $0
MICHAEL ASKEW ASSISTANT SECRETARY 1.0
Officer
$0 $0 $0
MEGHAN MOSES CHIEF PHIL. OFF. 1/23-2/23 4.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $311,917,718 $213,327,595 $1,737,981,703 $98,590,123
2022 $236,415,879 $203,557,691 $1,258,791,921 $32,858,188
2021 $424,474,116 $175,475,992 $1,329,314,188 $248,998,124
2020 $244,430,823 $181,157,001 $1,001,513,171 $63,273,822
2020 $244,430,823 $181,157,001 $1,001,513,171 $63,273,822
2019 $218,949,196 $150,847,897 $870,606,632 $68,101,299
2018 $197,641,400 $110,739,818 $707,102,568 $86,901,582
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE US CHARITABLE GIFT TRUST with other nonprofits in Massachusetts and across the country.