The Ann Theodore Foundation is a private grantmaking foundation based in Boston, Massachusetts, established in 2018. The foundation operates as a 501(c)(3) organization with tax-exempt status and is supported administratively by The Philanthropic Initiative (TPI), which administers the Foundation's grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$73.6M
-3.6% YoY
Annual Giving
$9.2M
+11.7% YoY
Grant Count
36
-2.7% YoY
Avg Grant Size
$255K
+14.8% YoY
Under IRS private-foundation payout rules, Ann Theodore Foundation reported a distributable amount of $6.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: The Ann Theodore Foundation believes in a world where all children and families have access to opportunities to achieve their goals, regardless of race or socioeconomic status.
The Foundation's philanthropy is informed by the values of compassion, integrity, respect, and community, with a core desire to open pathways to opportunity, especially for youth growing up in underserved communities.
Primary Focus Areas:
- Climate Mitigation – Supporting work to mitigate climate change in ways that benefit local economies, increase food security, and restore natural systems
- College Access & Success – Providing youth and young adults with opportunities for post-secondary education without cost barriers
- Food Security – Addressing hunger and food insecurity by ensuring access to quality, culturally appropriate food for families in need
- Sarcoidosis Research – Funding research into the basic science and causation of sarcoidosis, working toward a cure and improving equitable access to quality patient care through the Ann Theodore Foundation Breakthrough Sarcoidosis Initiative
- Summer Opportunities – Providing underserved youth access to enriching summer programs in arts, music, athletics, outdoor recreation, and STEM
- Youth Development – Supporting organizations that provide youth with access to enriching opportunities outside of school
Grantmaking
Invitation Only
** Applications for grants are by invitation only. The Foundation does not currently accept unsolicited proposals.
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Geographic Focus
Where this funder awards grants
The Foundation has a geographic focus in communities in and around:
- Long Island, New York
- Manchester, New Hampshire
- Eastern Massachusetts
National and international support is also provided for climate mitigation and sarcoidosis research initiatives.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $76.4 million
- Total Revenue: $1.77 million
- Total Expenses: $9.33 million
- Total Liabilities: $0
The foundation has invested millions of dollars in communities and organizations since its founding in 2018.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $73,632,557 | $76,370,431 | $83,925,262 |
| Revenue | $7,584,132 | $1,771,010 | $3,339,466 |
| Expenses | $10,322,006 | $9,325,841 | $7,559,089 |
| Qualifying Distributions | $9,710,246 | $8,617,115 | $6,797,986 |
| Net Investment Income | $6,985,600 | $1,113,888 | $2,600,545 |
| Distributable Amount | $5,962,796 | $6,027,526 | $6,371,723 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
151 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ann Theodore Foundation Scholarship Fund ($1,400,000), The Cleveland Clinic ($1,000,000), The Milken Institute ($655,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ROOSEVELT UNION FREE SCHOOL DISTRICT ROOSEVELT, NY | TO HELP FURTHER EDUCATION FOR CHILDREN IN K THRU 12 GRADES. | $241,726 |
| ANN THEODORE FOUNDATION SCHOLARSHIP FUND BOSTON, MA | TO HELP FURTHER EDUCATION FOR LOW-INCOME HIGH SCHOOL SENIORS AND ADULTS. | $1,400,000 |
| THE MILKEN INSTITUTE WASHINGTON, DC | TO HELP SUPPORT HELPING PEOPLE PURSUE EDUCATION AND GAINFUL EMPLOYMENT. | $655,000 |
| CITY STRINGS UNITED ROXBURY, MA | TO SUPPORT HIGH-QUALITY YOUTH PROGRAMS TO CREATE POSITIVE CHANGE IN ECONOMICALLY-STRAINED COMMUNITIES AND FOSTER THE SOCIAL, EMOTIONAL AND EDUCATIONAL DEVELOPMENT OF ITS YOUTH. | $55,000 |
| MANCHESTER COMMUNITY MUSIC SCHOOL MANCHESTER, NH | TO HELP SUPPORT CHANGING LIVES THROUGH THE POWER OF LEARNING, SHARING AND MAKING MUSIC. | $90,000 |
| THE ART OF PROBLEM SOLVING INITIATIVE INC NEW YORK, NY | TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL. | $150,000 |
| HARMONY PROGRAM NEW YORK, NY | TO HELP PROVIDE STUDENTS WITH INSTRUMENTS, BOOKS AND INSTRUCTION. | $260,000 |
| NATIONAL SOCIETY OF BLACK ENGINEERS ALEXANDRIA, VA | TO INVEST IN THE FUTURE EDUCATION OF BLACK ENGINEERS. | $150,000 |
| THE PHILANTHROPY MASSACHUSETTS BOSTON, MA | TO SUPPORT THE PROGRAMS TO HELP FURTHER THE ORGANIZATION'S MISSION. | $200,000 |
| NATIONAL DOUBLE DUTCH LEAGUE INC BRONX, NY | TO SUPPORT THE TRAINING PROGRAMS AND EVENTS OF THE LEAGUE. | $28,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Amy B. Naughton serves as Trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY NAUGHTON | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
The Ann Theodore Foundation has partnered with the Milken Institute on sarcoidosis research initiatives, including:
Milken Institute, Ann Theodore Foundation Launch New Grant to ...The Ann Theodore Foundation Breakthrough Sarcoidosis Initiative, which funds research focused on understanding the underlying biology of sarcoidosis
Milken Institute, Ann Theodore Foundation Launch New Grant to ...The Ann Theodore Foundation Sarcoidosis Inhibitor of mTOR (SIM) Trial, a clinical trial initiative
Milken Institute, Ann Theodore Foundation Launch New Grant to ...Announcements of significant new funding commitments exceeding $25 million for sarcoidosis research
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ann Theodore Foundation fund?
**Mission:** The Ann Theodore Foundation believes in a world where all children and families have access to opportunities to achieve their goals, regardless of race or socioeconomic status. The Foundation's philanthropy is informed by the values of compassion, integrity, respect, and community, with a core desire to open pathways to opportunity, especially for youth growing up in underserved communities. **Primary Focus Areas:** • **Climate Mitigation** – Supporting work to mitigate climate cha…
How do I apply for a grant from Ann Theodore Foundation?
**Application Process:** Applications for grants are by invitation only. The Foundation does not currently accept unsolicited proposals. **Recent Grant Activity:** The foundation made 20 grants in 2023. Notable recent grants include: • National Jewish Health: $542,362 to support treatment and research of respiratory, cardiovascular, rheumatologic, autoimmune, inflammatory, and immunologic diseases • Ohio State University Foundation: $300,000 for biological science initiatives to support critica…
Where does Ann Theodore Foundation make grants?
The Foundation has a geographic focus in communities in and around: • Long Island, New York • Manchester, New Hampshire • Eastern Massachusetts National and international support is also provided for climate mitigation and sarcoidosis research initiatives.
What size grants does Ann Theodore Foundation award?
In 2024, Ann Theodore Foundation awarded 36 grants totaling $9.2M — an average of about $255K per grant, based on its IRS Form 990 filings.
How much is Ann Theodore Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ann Theodore Foundation reported a distributable amount of $6.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ann Theodore Foundation's EIN?
Ann Theodore Foundation's EIN (Employer Identification Number) is 81-4558318. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ann Theodore Foundation's focus areas in our free grants database
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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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