Bond Bros Foundation Inc

Foundation · Grantmaker MEDFORD, MA EIN: 26-3632089

Bond Bros Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it awarded 38 grants totaling $206K. Net investment income was $37K.

Key facts about Bond Bros Foundation Inc

EIN
26-3632089
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$206,250
Grants made (2024)
38
Average grant
$5,428
Median grant
$5,000
Total assets
$337,100
Primary geography
Massachusetts (83% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Bond Bros Foundation Inc funds

By grant dollars, the top recipient states for Bond Bros Foundation Inc's 38 itemized 2024 grants were Massachusetts (83%) and New York (8%). The most frequent recipient cities were Boston, MA (10 grants) and Bedford, MA (2 grants). None of its 38 grants with a stated purpose were described as general or operating support. Recurring purposes include "Programs and Support" (38 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$337K

-13.0% YoY

Annual Giving

$206K

+36.6% YoY

Grant Count

38

+40.7% YoY

Avg Grant Size

$5K

-2.9% YoY

Under IRS private-foundation payout rules, Bond Bros Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Bond Bros Foundation Inc

Based on IRS filings

Bond Bros Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it awarded 38 grants totaling $206K. Net investment income was $37K.

Your AI grants department

Ready to take the next step with Bond Bros Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BostonBedfordLowellMilfordNewtonSouth WeymouthBrooklineEastonMedwayNeedhamNianticProvidenceWalthamWebsterBerlinDorchesterEast LongmeadowHamdenHartfordLynn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$58K$116K$174K$233K20202021202220232024
Metric202420232022
Total Assets$337,100$387,691$418,226
Revenue$160,818$125,615$27,524
Expenses$211,409$156,150$132,450
Qualifying Distributions$206,250$151,000$126,500
Net Investment Income$36,981$21,750$21,574
Distributable Amount$23,065$24,045$26,022

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$103K$155K$206K16 grants202017 grants202124 grants202227 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Boston Children's Hospital$25KWentworth Institute of T…$17KCristo Rey Boston Corpor…$13KMary & John Elliot Chari…$13KCity Harvest$10KJimmy Fund Memorial Golf…$10KBoys & Girls Clubs of Bo…$8KBrigham and Womens Hospi…$8KBryant University$8KMass Coalition for the H…$7K

Grant Size Distribution

122 grants across all recorded years

122<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Boston Children's Hospital ($25,000), Wentworth Institute of Technology ($16,500), Cristo Rey Boston Corporate Work Study ($12,500).

RecipientPurposeAmount
BOSTON CHILDREN'S HOSPITAL BOSTON, MAPROGRAMS AND SUPPORT$25,000
WENTWORTH INSTITUTE OF TECHNOLOGY BOSTON, MAPROGRAMS AND SUPPORT$16,500
CRISTO REY BOSTON CORPORATE WORK STUDY BOSTON, MAPROGRAMS AND SUPPORT$12,500
MARY & JOHN ELLIOT CHARITABLE FOUNDATION BEDFORD, MAPROGRAMS AND SUPPORT$12,500
CITY HARVEST BROOKLYN, NYPROGRAMS AND SUPPORT$10,000
JIMMY FUND MEMORIAL GOLF TOURNAMENT BROOKLINE, MAPROGRAMS AND SUPPORT$10,000
BOYS & GIRLS CLUBS OF BOSTON BOSTON, MAPROGRAMS AND SUPPORT$7,500
BRIGHAM AND WOMENS HOSPITAL BOSTON, MAPROGRAMS AND SUPPORT$7,500
BRYANT UNIVERSITY SMITHFIELD, RIPROGRAMS AND SUPPORT$7,500
MASS COALITION FOR THE HOMELESS LYNN, MAPROGRAMS AND SUPPORT$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD A BOND JRCHAIRMAN OF THE BOARD——
PAUL JAMESSECRETARY/CLERK & DIRECTOR——
FRANCIS HAYESDIRECTOR——
ANTHONY BONDPRESIDENT——
RICHARD SMALLTREASURER & DIRECTOR——
KANE CUDDYDIRECTOR——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bond Bros Foundation Inc?

Bond Bros Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, MA. It holds $337K in total assets as of 2024.

How large is Bond Bros Foundation Inc?

As of 2024, Bond Bros Foundation Inc holds $337K in total assets with $161K in annual revenue. It awarded 38 grants totaling $206K in 2024.

Where does Bond Bros Foundation Inc operate?

Bond Bros Foundation Inc has awarded grants in Connecticut, Illinois, Massachusetts, New Hampshire, New York, Pennsylvania, Rhode Island.

What size grants does Bond Bros Foundation Inc award?

In 2024, Bond Bros Foundation Inc awarded 38 grants totaling $206K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Bond Bros Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bond Bros Foundation Inc reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bond Bros Foundation Inc's EIN?

Bond Bros Foundation Inc's EIN (Employer Identification Number) is 26-3632089. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Bond Bros Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Massachusetts

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

Your AI grants department

Here's the math on researching Bond Bros Foundation Inc by hand.