Jeremy and Hannelore Grantham Environmental Trust

Analysis

Jeremy and Hannelore Grantham Environmental Trust is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jeremy and Hannelore Grantham Environmental Trust reported income of $58.9m and spending of $68.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.1m to $58.9m (+291%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 158%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jeremy and Hannelore Grantham Environmental Trust sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include The Walton Family Charitable Support Foundation Inc ($58.7m), Johnson Charitable Gift Fund ($58.9m) and United Way Miami Inc ($58.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $459.8m against liabilities of $79.3m, net assets of $380.5m.