Arbour Way Foundation Inc
Arbour Way Foundation Inc is a private foundation based in Boston, Massachusetts. In 2024, it reported 13 grants totaling $4,048,133 to charitable organizations, including organizations in Pennsylvania, Massachusetts, and New York.
Key facts about Arbour Way Foundation Inc
In short: Arbour Way Foundation Inc gave $4.0M across 13 grants in 2024 (avg $311K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- EIN
- 88-1930194
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $4,048,133
- Grants made (2024)
- 13
- Average grant
- $311,395
- Median grant
- $150,000
- Total assets
- $112,709,301
- Primary geography
- Pennsylvania (54% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$112.7M
+47.6% YoY
Annual Giving
$4.0M
+5.5% YoY
Grant Count
13
-13.3% YoY
Avg Grant Size
$311K
+21.8% YoY
Under IRS private-foundation payout rules, Arbour Way Foundation Inc reported a distributable amount of $5.8M for 2024 — the minimum it must pay out in qualifying distributions.
How Arbour Way Foundation Inc gives
- 58% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 70% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for hospitals, a university, and organizations working in education, youth development, humanitarian assistance, and the arts. These descriptions reflect the grantees’ stated missions, not a stated mission of the foundation.
For example, Nantucket Golf Club Foundation Inc says it supports local 501(c)(3) organizations and education scholarship programs. The Wily Network says it helps scholars thrive in four-year residential colleges and transition to post-college life. Artists Association of Nantucket says it fosters visual arts on Nantucket and supports artists and arts education.
Grantmaking
In filing year 2024, the foundation reported 13 grants totaling $4,048,133. Grant amounts ranged from $10,000 to $2,000,000, with a median of $150,000.
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Geographic Focus
Where this funder awards grants
In 2024, 54% of grant dollars went to recipients in Pennsylvania, 35% to recipients in Massachusetts, and 11% to recipients in New York.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $3.8M (2023) to $4.0M (2024). In 2024 it made 13 grants totaling $4.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was University of Pennsylvania ($2.2M across 2 grants). Together the top 10 received $4.0M.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 9 grants of 28 (32%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Pennsylvania Philadelphia, PA | General Support | $2,000,000 |
| Children's Hospital Corporation dba Boston Childrens Hospital Boston, MA | General Support | $500,000 |
| Memorial Sloan Kettering Cancer Center New York, NY | General Support | $333,333 |
| Nantucket Cottage Hospital Nantucket, MA | General Support | $301,500 |
| Nantucket Golf Club Foundation Inc Siasconset, MA | General Support | $298,500 |
| University of Pennsylvania Philadelphia, PA | Support for the Kelly Writers House | $200,000 |
| Brigham and Women's Hospital Boston, MA | General Support | $150,000 |
| Weill Cornell Medicine New York, NY | General Support | $100,000 |
| The Wily Network Inc Newton, MA | General Support | $60,000 |
| Ukrainian Relief Mission Charitable Corporation Harwich Port, MA | General Support | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $112,709,301 | $30,415,297 | $5,239,729 | $4,048,133 (13 grants) |
| 2023 | $76,337,142 | $18,576,683 | $3,884,912 | $3,836,333 (15 grants) |
| 2022 | $56,200,088 | $56,228,956 | $28,868 | 0 grants |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $112,709,301 | $76,337,142 | $56,200,088 |
| Revenue | $30,415,297 | $18,576,683 | $56,228,956 |
| Expenses | $5,239,729 | $3,884,912 | $28,868 |
| Qualifying Distributions | $4,059,757 | $3,842,490 | — |
| Net Investment Income | $1,201,316 | $1,874,999 | $206,183 |
| Distributable Amount | $5,766,067 | $3,876,881 | $965,212 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Contact
Mailing address: 101 Huntington Ave Floor 25, Boston, MA 02199
Phone: (617) 859-1660
Frequently asked questions about Arbour Way Foundation Inc
How much does Arbour Way Foundation Inc give each year?
Arbour Way Foundation Inc gave $4.0M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.8M across 15 grants.
What is Arbour Way Foundation Inc's typical grant size?
Arbour Way Foundation Inc's median grant in 2024 was $150,000, and its average grant was $311,395, across 13 grants on its 2024 IRS Form 990-PF.
Where does Arbour Way Foundation Inc give grants?
Arbour Way Foundation Inc gives mostly in Pennsylvania: 54% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (35%) and New York (11%). The most frequent recipient cities were Boston, MA (3 grants), Philadelphia, PA (2 grants), New York, NY (2 grants) and Nantucket, MA (2 grants).
Does Arbour Way Foundation Inc give general operating support?
Yes: 92% of Arbour Way Foundation Inc's 2024 grants with a stated purpose (12 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Arbour Way Foundation Inc's largest grantees?
Arbour Way Foundation Inc's largest 2024 grantees include University of Pennsylvania ($2,200,000 across 2 grants), Children's Hospital Corporation dba Boston Childrens Hospital ($500,000) and Memorial Sloan Kettering Cancer Center ($333,333), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is Arbour Way Foundation Inc?
Arbour Way Foundation Inc reported $112.7M in total assets on its 2024 IRS Form 990-PF. It paid out $4.1M in qualifying distributions that year, against a required minimum of $5.8M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Arbour Way Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for hospitals, a university, and organizations working in education, youth development, humanitarian assistance, and the arts. See mission & focus areas ↑
How do I apply for a grant from Arbour Way Foundation Inc?
The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Arbour Way Foundation Inc's EIN?
Arbour Way Foundation Inc's EIN (Employer Identification Number) is 88-1930194. IRS Form 990 filing data is available on this page for 2022–2024.
Does Arbour Way Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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