Ain Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $940. Net investment income was $62K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+3.0% YoY
Annual Giving
$940
Grant Count
1
Avg Grant Size
$940
Under IRS private-foundation payout rules, Ain Family Foundation Inc reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.
About Ain Family Foundation Inc
Based on IRS filings
Ain Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $940. Net investment income was $62K.
Focus Areas
Ready to take the next step with Ain Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,939,457 | $1,883,565 | $1,864,240 |
| Revenue | $61,590 | $23,675 | $71,275 |
| Expenses | $5,698 | $4,350 | $3,966 |
| Qualifying Distributions | $5,698 | $4,350 | $3,850 |
| Net Investment Income | $61,590 | $20,120 | $67,359 |
| Distributable Amount | $114,381 | $106,394 | $105,201 |
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
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brandeis University ($940).
| Recipient | Purpose | Amount |
|---|---|---|
| BRANDEIS UNIVERSITY WALTHAM, MA | CHARITABLE | $940 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK S AIN | PRES., TREAS., CLERK | 1 | — |
| ADAM AIN | DIRECTOR | 1 | — |
| REBECCA AIN | DIRECTOR | 1 | — |
| CHERYL FERRUCCIO | DIRECTOR | 1 | — |
| JOSHUA AIN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ain Family Foundation Inc?
Ain Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $1.9M in total assets as of 2024.
How large is Ain Family Foundation Inc?
As of 2024, Ain Family Foundation Inc holds $1.9M in total assets with $62K in annual revenue. It awarded 1 grants totaling $940 in 2024.
Where does Ain Family Foundation Inc operate?
Ain Family Foundation Inc has awarded grants in Massachusetts.
What size grants does Ain Family Foundation Inc award?
In 2024, Ain Family Foundation Inc awarded 1 grants totaling $940 — an average of about $940 per grant, based on its IRS Form 990 filings.
How much is Ain Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ain Family Foundation Inc reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ain Family Foundation Inc's EIN?
Ain Family Foundation Inc's EIN (Employer Identification Number) is 27-0134065. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ain Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Leona Karp Family Foundation
FRAMINGHAM, MA
Assets
$436K
Grants
4
Total Given
$20K
The University of British Columbia
Assets
$6.2B
Grants
18
Total Given
$1.9M
United Jewish Foundation
BLOOMFIELD HILLS, MI
Assets
$674.9M
Grants
280
Total Given
$44.2M
Karp Family Foundation Stephen R and
BOSTON, MA
Assets
$918K
Grants
31
Total Given
$2.0M
Kathy Chazen Family Charitable Trust
NEW YORK, NY
Assets
$2.6M
Grants
16
Total Given
$125K
Dorothy Harrison Egan Foundation
NANTUCKET, MA
Assets
$6.1M
Grants
76
Total Given
$663K
Frieze Family Foundation
CHESTNUT HILL, MA
Assets
$3.4M
Grants
17
Total Given
$4.9M
E Evan Foundation
SUNNY ISLES BEACH, FL
Assets
$2.7M
Grants
20
Total Given
$302K
Felicia M Delorenzo Scholarship
BOSTON, MA
Assets
$4.6M
Grants
61
Total Given
$367K
Trustees of Tufts College
MEDFORD, MA
Assets
$4.7B
Grants
139
Total Given
$26.6M
Max & Sophie Mydans Fndn Ui
DALLAS, TX
Assets
$1.0M
Grants
18
Total Given
$47K
Us Committee for Refugees and
ARLINGTON, VA
Assets
$133.9M
Grants
160
Total Given
$274.5M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Ain Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities