2405 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTNUT HILL, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $12.4M in total assets. In 2024, it awarded 3 grants totaling $152K. Net investment income was $388K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.4M
+21.0% YoY
Annual Giving
$152K
Grant Count
3
Avg Grant Size
$51K
Under IRS private-foundation payout rules, 2405 Foundation Inc reported a distributable amount of $852K for 2024 — the minimum it must pay out in qualifying distributions.
About 2405 Foundation Inc
Based on IRS filings
2405 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTNUT HILL, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $12.4M in total assets. In 2024, it awarded 3 grants totaling $152K. Net investment income was $388K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $12,397,596 | $10,246,511 |
| Revenue | $460,368 | $416,942 |
| Expenses | $286,366 | $42,907 |
| Qualifying Distributions | $192,587 | $29,897 |
| Net Investment Income | $388,118 | $352,030 |
| Distributable Amount | $852,165 | $178,662 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Goldman Sachs Philanthropy Fund (daf) ($150,000), The Roxbury Latin School ($1,000), Us Friends of Dror Israel ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GOLDMAN SACHS PHILANTHROPY FUND (DAF) NEW YORK, NY | GENERAL | $150,000 |
| THE ROXBURY LATIN SCHOOL WEST ROXBURY, MA | GENERAL | $1,000 |
| US FRIENDS OF DROR ISRAEL BOCA RATON, FL | GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARIELLA M ROSENGARD | PRESIDENT, TREASURER | 1 | — |
| HEATHER MILBAR | SECRETARY | 1 | — |
| BRUCE ROSENGARD | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 2405 Foundation Inc?
2405 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTNUT HILL, MA. It holds $12.4M in total assets as of 2024.
How large is 2405 Foundation Inc?
As of 2024, 2405 Foundation Inc holds $12.4M in total assets with $460K in annual revenue. It awarded 3 grants totaling $152K in 2024.
Where does 2405 Foundation Inc operate?
2405 Foundation Inc has awarded grants in Florida, Massachusetts, New York.
What size grants does 2405 Foundation Inc award?
In 2024, 2405 Foundation Inc awarded 3 grants totaling $152K — an average of about $51K per grant, based on its IRS Form 990 filings.
How much is 2405 Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 2405 Foundation Inc reported a distributable amount of $852K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is 2405 Foundation Inc's EIN?
2405 Foundation Inc's EIN (Employer Identification Number) is 93-1642441. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in 2405 Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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