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Masonic Education and Charity Trust

Public charity990-T FY2023
Community Development · BOSTON, MA · EIN 04-2104701

About

To hold and invest funds for related masonic organizations and distribute income earned to them and to return their invested funds when required in order to fulfill the requirements and obligations of freemasonry: freemasonry (often simplified to "masonry") enhances and strengthens the character of the individual man by providing opportunities for fellowship, charity, education, ANDD leadership based on the three ancient masonic tenets: brotherly love, relief, and truth. Massachusetts freemasonry is a crowning legacy of this venerable heritage as we strive to "make good men better."

Donations are tax-deductible
Category
Community Development
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2024-08-31
Revenue
$2.2M
Expenses
$1.8M
Assets
$92.5M
Liabilities
$52.6M

Financial history

$5.4M$2.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $2.2M · Peak FY2018: $5.4M · Avg: $2.8M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$705K
MASONIC EDUCATION AND CHARITY TRUST
Your actions

Address

186 Tremont ST
Boston, MA, 02111-101

Governance

Voting board members9
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %37.0%
Permanent endowment %63.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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