Arthur M and Martha R Pappas

STONEHAM, MA EIN: 22-2967957

The Arthur M. and Martha R. Pappas Foundation is a private foundation based in Stoneham, Massachusetts, established in 1989. The foundation operates with no employees and focuses on general grantmaking to support various charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.7M

+2.4% YoY

Annual Giving

$900K

-13.0% YoY

Grant Count

15

-6.3% YoY

Avg Grant Size

$60K

-7.2% YoY

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

Mission & Focus Areas

The foundation's primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation makes general grants to organizations aligned with these priorities.

Grantmaking

The foundation also made grants to Worcester Public Library Foundation and other organizations.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts and New Hampshire.

Grant Distribution by State

6states

Cities

AuburnAugustaBostonBoylstonCantonClintonConcordDeer IsleHathorneJaffreyKeeneLincolnMerrifieldNorth GraftonNorth OxfordProvidenceRindgeShrewsburySturbridgeWashington

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total assets: $16,319,454
  • Total revenues: $733,522
  • Total expenses: $1,074,509

As of 2024:

  • Total assets: $16,715,757
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$392K$783K$1M$2M20202021202220232024
Metric202420232022
Total Assets$16,715,757$16,319,454$16,624,353
Revenue$1,424,479$733,522$793,726
Expenses$1,052,510$1,074,509$1,258,454
Qualifying Distributions$924,250$1,064,351$1,237,764
Net Investment Income$1,308,991$676,177$774,741
Distributable Amount$1,087,321$978,084$1,023,167

Giving Over Time

Total grant dollars and number of grants per year

$0$300K$601K$901K$1M39 grants202023 grants202115 grants202216 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TOWN OF AUBURN$250KECOTARIUM$200KUMASS MEMORIAL HEALTH$200KTOWER HILL BOTANIC GARDEN$75KTHE HANOVER THEATRE$70KAUBURN YOUTH & FAMILY SER$25KWELLESLEY COLLEGE$25KARTS WORCESTER$20KMASS AUDUBON SOCIETY$11KTHE WONDER MISSION$5K

Grant Size Distribution

108 grants across all recorded years

81<$50K7$50–100K13$100–250K6$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

R. N. Lusardi is listed as associated with the foundation in administrative capacity.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARTHA R PAPPASTRUSTEE3
SAMUEL KENARYTRUSTEE3
ALISON KENARYTRUSTEE1
RACHEL GOODRICHTRUSTEE1
LAURA MYERSTRUSTEE1

Related Funders

Similar funders by location and focus area

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

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