The Nantucket Education Trust Inc
NANTUCKET EDUCATION TRUST (NET) IS AN AUTONOMOUS ORGANIZATION WITH ITS OWN BY-LAWS AND BOARD OF DIRECTORS. ROOTED IN A COMMUNITY DISTINGUISHED BY ITS UNIQUE HISTORY AND SETTING, NET'S MISSION IS: TO ENHANCE EDUCATIONAL OPPORTUNITIES ON THE TOWN OF NANTUCKET BY MOBILIZING PRIVATE SECTOR RESOURCES AND EXPERTISE; TO FOSTER ALLIANCES AMONG BUSINESS, COMMUNITY AND SCHOOL INTERESTS, AND TO SERVE AS A CATALYST FOR PUBLIC AND PRIVATE PARTNERSHIPS THAT BENEFIT EDUCATION; TO PROMOTE THE EXCHANGE OF IDEAS AMONG ISLAND SCHOOLS AS WELL AS THOSE FROM OTHER COMMUNITIES; TO SUPPORT PROGRAMS THAT HONOR EXCELLENCE IN TEACHING AND LEARNING. NET CONTINUOUSLY SEEKS NEW WAYS TO SUPPORT EXISTING INITIATIVES AS WELL AS EXPLORE STRATEGIES FOR PROMOTING LASTING, SYSTEM-WIDE IMPROVEMENTS. IT IS THE ORGANIZATION'S GOAL TO TAP NEW SOURCES THAT CAN ASSIST TEACHERS AND STUDENTS, WHILE CONCURRENTLY IMPLEMENTING MORE EFFECTIVE SCHOOL PROGRAMS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.7M
+4.1% YoY
Annual Giving
$9K
+40.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$9K
+40.2% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,739,939 | $2,632,062 | $2,549,512 |
| Revenue | $344,695 | $309,647 | $327,629 |
| Expenses | $237,331 | $248,492 | $222,005 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $24,321 | $4,163 | $16,229 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Nantucket Education Trust Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTIN ANGUELOV | DIRECTOR/BOOKKEEPER | 1 | $4,800 |
| HADLEY DUTRA | PRESIDENT | 1 | — |
| ELIZABETH HALLETT | VICE PRESIDENT | 1 | — |
| JOHN RICCIO | TREASURER | 1 | — |
| ALICIA GRAZIADEI | CLERK | 1 | — |
| MARIE LEMBERG | DIRECTOR | 1 | — |
| MEG BROWERS | DIRECTOR | 1 | — |
| SHANTAW BLOISE-MYRPHY | DIRECTOR | 1 | — |
| LAURA GALLAGHER-BYRNE | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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