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Amelia Peabody Foundation

TOPSFIELD, MA EIN: 04-6036558 Website

The Amelia Peabody Foundation is a private grantmaking foundation based in Topsfield, Massachusetts. Established as a trust in 1942 and tax-exempt since February 1944, the foundation operates as a 501(c)(3) organization dedicated to supporting charitable work across Massachusetts. The foundation absorbed assets from The Eaton Foundation in 1985.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$165.5M

+22.0% YoY

Annual Giving

$8.7M

+35.9% YoY

Grant Count

152

-3.2% YoY

Avg Grant Size

$57K

+40.4% YoY

Under IRS private-foundation payout rules, Amelia Peabody Foundation reported a distributable amount of $8.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Amelia Peabody Foundation's broad mission is to support charitable organizations throughout the Commonwealth of Massachusetts and amplify the positive social impact of Amelia Peabody's philanthropic legacy.

The foundation specifically supports programs and services for youth and families from under-resourced communities. Its grantmaking focuses on:

Youth Development: Pre-school through secondary education enrichment programs

Family Stabilization: Programs addressing homelessness, food insecurity, and workforce development training

Comprehensive Services: Support for programs that enable underserved children and families to gain education, become self-sufficient, and access workforce development to move toward family stability

The foundation has identified three specific priority areas for capital funding:

  1. Increasing access to childcare for low-income families
  2. Increasing access to healthcare through community health centers or other community-based interventions
  3. Creating shelter and affordable housing

The foundation seeks to build relationships with nonprofit organizations and community leaders, providing flexible funding with a bias toward capacity building.

Grantmaking

Grant Range

s:** Typical awards range from $5,000 to $500,000, with a median grant amount of $40,000

Review Cycle

(2026):**

Grant Types

** Operating grantsprogram grantsand capital grants. Sponsorships for events are not considered

How to Apply

** The foundation accepts online applications. Applicants must review Grant Conditions and Grant Review Process documentation to understand eligibility requirements.

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Geographic Focus

Where this funder awards grants

The foundation provides support across Massachusetts, with a special concern for funding programs operating throughout the Commonwealth, primarily outside Greater Boston.

Grant Distribution by State

1states

Cities

AdamsAllstonAndoverArlingtonBedfordBeverlyBostonBrocktonCambridgeChelmsfordChelseaChicopeeConcordDanversDedhamDorchesterDracutEast BostonEast BridgewaterEast Weymouth

Financial History

Multi-year comparison from IRS filings

Assets: $136–$165 million (as of 2023–2024)

Annual Giving: $7.2–$8.7 million in grants annually

Total Revenue (2024): $40.9 million

Total Expenses (2024): $11.6 million

Total Liabilities (2023): $1.17 million

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11M$23M$34M$45M20202021202220232024
Metric202420232022
Total Assets$165,467,815$135,682,150$138,892,222
Revenue$40,912,971$7,649,417$7,798,601
Expenses$11,579,384$10,869,158$11,299,093
Qualifying Distributions$9,684,420$8,514,077$9,140,400
Net Investment Income$39,044,682$4,933,129$4,677,164
Distributable Amount$8,927,439$8,789,051$9,203,935

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M1 grants2020184 grants2021191 grants2022157 grants2023152 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Family Aid Boston Inc$500KFriendly House Inc$500KFriendly House Inc$167KFamily Aid Boston Inc$167KChicopee Boys & Girls Cl…$150KMujeres Unidas Avanzando$125KFriends of Libertas Acad…$125KSportsmens Tennis Club Inc$100KBoys & Girls Club of Gre…$90KAlliance for Inclusion a…$80K

Grant Size Distribution

201 grants across all recorded years

121<$50K60$50–100K15$100–250K1$250–500K3$500K–1M$1–5M1$5M+

Open Grants

1 open opportunity from Amelia Peabody Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Family Aid Boston Inc ($500,000), Friendly House Inc ($500,000), Friendly House Inc ($166,667).

RecipientPurposeAmount
Boys & Girls Club of Greater Lowell Lowell, MAGeneral$90,000
Mujeres Unidas Avanzando Dorchester, MAGeneral$125,000
Big Sister Association of Greater Boston Inc Boston, MAGeneral$20,000
Friends of Springfield Preparatory Charter School Inc Springfield, MAGeneral$15,000
Friends of Libertas Academy Charter School Inc Springfield, MAGeneral$125,000
Homework House Inc Holyoke, MAGeneral$50,000
Coaching for Change Inc Taunton, MAGeneral$50,000
Maverick Landing Community Services Inc East Boston, MAGeneral$10,000
Boston Debate League Incorporated Boston, MAGeneral$10,000
Chicopee Boys & Girls Club Inc Chicopee, MAGeneral$150,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board & Staff:

  • Joseph Kelly – Executive Director and Chief Investment Officer
  • Joanne Smith – Grant Making Program
  • William Richards – Investment Program
  • Nicole Lania – Grants Associate
  • Kathryn Kain – Office Manager
  • Margaret St Clair – Trustee
  • Vincent Marturano – Trustee
  • Deborah Carlson – Trustee
  • Dolores Reid – Trustee
  • David Carlson – Trustee

The foundation employs 5 staff members.

Compensation Overview

From 2024 IRS filing

Joseph KellyExecutive Director and CIO$404KMargaret St ClairTrustee$20KVincent MarturanoTrustee$20KDolores ReidTrustee$20KDeborah CarlsonTrustee$15KDavid CarlsonTrustee$5K

From 2024 filing

NameTitleHoursCompensation
Margaret St ClairTrustee6$20,000
Vincent MarturanoTrustee6$20,000
Deborah CarlsonTrustee6$15,000
Dolores ReidTrustee6$20,000
Joseph KellyExecutive Director and CIO45$404,000
Beatrice WaringBeneficiary
Phillip WaringFormer Trustee - Retiree
David CarlsonTrustee6$5,000

Contact Information

Address: 10 South Main Street, Suite 103, Topsfield, MA 01983

Phone: 781-237-6468

Website: ameliapeabody.org

EIN: 04-6036558

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Amelia Peabody Foundation fund?

The Amelia Peabody Foundation's broad mission is to support charitable organizations throughout the Commonwealth of Massachusetts and amplify the positive social impact of Amelia Peabody's philanthropic legacy. The foundation specifically supports programs and services for youth and families from under-resourced communities. Its grantmaking focuses on: **Youth Development:** Pre-school through secondary education enrichment programs **Family Stabilization:** Programs addressing homelessness, fo…

How do I apply for a grant from Amelia Peabody Foundation?

**Grant Sizes:** Typical awards range from $5,000 to $500,000, with a median grant amount of $40,000 **Grant Types:** Operating grants, program grants, and capital grants. Sponsorships for events are not considered. **Recent Grant Activity:** The foundation made 152 grants totaling approximately $7.2–$8.7 million in recent years. Recent recipients include: • Friendly House ($500,000) • Boys and Girls Club of Greater Lowell ($360,000) • Argosy Collegiate Charter School Foundation ($250,000) • Ly…

Where does Amelia Peabody Foundation make grants?

The foundation provides support across Massachusetts, with a special concern for funding programs operating throughout the Commonwealth, primarily outside Greater Boston.

What size grants does Amelia Peabody Foundation award?

In 2024, Amelia Peabody Foundation awarded 152 grants totaling $8.7M — an average of about $57K per grant, based on its IRS Form 990 filings.

How much is Amelia Peabody Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Amelia Peabody Foundation reported a distributable amount of $8.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Amelia Peabody Foundation's EIN?

Amelia Peabody Foundation's EIN (Employer Identification Number) is 04-6036558. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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