The Star Island Permanent Trust Fund is a highly targeted fund whose giving is dedicated entirely to supporting The Star Island Corporation. Grants appear focused on sustaining the island’s conference center operations, preservation, and faith-based retreat programming rather than a diversified philanthropic portfolio. The foundation functions as an institutional backer sustaining one place and mission over time.
Concentrated, single-beneficiary giving — all funds go to one organization across multiple grants, indicating a long-term fiduciary relationship and stable stewardship rather than broad grantmaking.
$285K
$5.9M
$631K
$330K
Most grants fall between $214K and $250K, with a median of $216K.
25th Percentile
$214K
Median
$216K
75th Percentile
$250K
About 100% of grants go to recipients in NH.
David Yermack
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Notable grantees: The Star Island Corporation
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| The Star Island Corporation | Portsmouth, NH | $284,624 | 2025 | General Support |
| The Star Island Corporation | Portsmouth, NH | $216,155 | 2024 | General Support |
| The Star Island Corporation | Portsmouth, NH | $212,429 | 2023 | General Support |
The Star Island Corporation
$284,624General Support
The Star Island Corporation
$216,155General Support
The Star Island Corporation
$212,429General Support