Norman H. Read 1985 Trust
EIN 752622754 Private FoundationTotal Given 2017–2025
$43.7M
29 grants · $4.9M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$1.2M
typical big bets · $945K–$2.0M
grant size
100%
deep partner · 6/6 multi-year
repeat
$154.4M
Assets (2025)
6
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Contact Person
SALEM PUBLIC SCHOOLS
Phone
(806) 349-9751
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | $3.8M | $86.5M | $5.8M | 3 |
| 2019 | $4.7M | $106.3M | $9.4M | 3 |
| 2020 | $4.7M | $103.2M | $9.3M | 3 |
| 2021 | $6.2M | $134.6M | $7.0M | 4 |
| 2022 | $5.8M | $113.8M | $8.7M | 4 |
| 2023 | $5.5M | $128.4M | $11.3M | 4 |
| 2024 | $6.0M | $140.3M | $10.3M | 4 |
| 2025 | $6.9M | $154.4M | $10.0M | 4 |
Grant Size Distribution
Based on 29 grants on record
Minimum
$550K
25th Pctl
$945K
Median
$1.2M
Average
$1.5M
75th Pctl
$2.0M
Maximum
$3.5M
Geographic Distribution
Officers & Directors
NA
NILE L. Albright
4 yrs
Co-Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
NA
NILE L. Albright
4 yrs
Co-Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
NA
NILE L. Albright
4 yrs
Co-Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
NA
NILE L. Albright
4 yrs
Co-Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
NM
NILE L. Albright MD
4 yrs
Co -Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
NM
NILE L. Albright MD
4 yrs
Co -Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
NM
NILE L. Albright MD
4 yrs
Co -Trustee
AB
Amarillo National Bank
7 yrs
Corporate TR
Grants Awarded (29 total)
| Purpose | ||||
|---|---|---|---|---|
| Advanced Medical Research | Brookline, MA | $3,458,480 | SCIENTIFIC AND MEDICAL RESEARCH | 2025 |
| Advanced Medical Research | Boston, MA | $3,067,411 | SCIENTIFIC AND MEDICAL RESEARCH | 2021 |
| Advanced Medical Research | Brookline, MA | $3,006,400 | SCIENTIFIC AND MEDICAL RESEARCH | 2024 |
| Advanced Medical Research | Brookline, MA | $2,924,223 | SCIENTIFIC AND MEDICAL RESEARCH | 2022 |
| Advanced Medical Research | Brookline, MA | $2,757,928 | SCIENTIFIC AND MEDICAL RESEARCH | 2023 |
| Advanced Medical Research | Boston, MA | $2,382,789 | SCIENTIFIC AND MEDICAL RESEARCH | 2020 |
| Advanced Medical Research | Boston, MA | $2,325,578 | SCIENTIFIC AND MEDICAL RESEARCH | 2019 |
| Advanced Medical Research | Boston, MA | $1,970,247 | SCIENTIFIC AND MEDICAL RESEARCH | 2017 |
| Salem Public Schools | Salem, MA | $1,440,680 | SCIENCE CENTER, AQUARIUM CTR, READ | 2025 |
| Salem Public Schools | Salem, MA | $1,431,000 | READ, SCIENC CENTER, AQUARIUM CENTER | 2020 |
| Salem Public Schools | Salem, MA | $1,393,500 | READ, SCIENC CENTER, AQUARIUM CENTER | 2019 |
| North Shore Medical Center | Salem, MA | $1,360,000 | MEDICAL RESEARCH PROGRAMS | 2021 |
| Mass General Brigham | Salem, MA | $1,260,000 | MEDICAL RESEARCH PROGRAMS | 2025 |
| Salem Public Schools | Salem, MA | $1,257,000 | SCIENCE CENTER, AQUARIUM CTR, READ | 2024 |
| Mass General Brigham | Salem, MA | $1,200,623 | MEDICAL RESEARCH PROGRAMS | 2022 |
| Mass General Brigham | Salem, MA | $1,150,000 | MEDICAL RESEARCH PROGRAMS | 2024 |
| Salem Public Schools | Salem, MA | $1,144,200 | READ, SCIENC CENTER, AQUARIUM CENTER | 2021 |
| Salem Public Schools | Salem, MA | $1,128,500 | READ, SCIENC CENTER, AQUARIUM CENTER | 2017 |
| Salem Public Schools | Salem, MA | $1,120,600 | SCIENCE CENTER, AQUARIUM CTR, READ | 2022 |
| Salem Public Schools | Salem, MA | $1,107,928 | SCIENCE CENTER, AQUARIUM CTR, READ | 2023 |
| Mass General Brigham | Salem, MA | $1,100,000 | MEDICAL RESEARCH PROGRAMS | 2023 |
| North Shore Medical Center | Salem, MA | $945,000 | MEDICAL RESEARCH PROGRAMS | 2019 |
| North Shore Medical Center | Salem, MA | $916,000 | MEDICAL RESEARCH PROGRAMS | 2020 |
| Salem Academy Charter School | Salem, MA | $756,800 | EDUCATION | 2025 |
| North Shore Medical Center | Salem, MA | $700,000 | MEDICAL RESEARCH PROGRAMS | 2017 |
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