Charles H Hood Fund
The Charles H Hood Fund is a private foundation established in 1981 and located in Lynnfield, Massachusetts. The foundation operates as a 501(c)(3) organization with EIN 04-6036788. It functions as a company-sponsored foundation affiliated with H.P. Hood, Inc.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+8.6% YoY
Annual Giving
$80K
-14.1% YoY
Grant Count
28
-3.4% YoY
Avg Grant Size
$3K
-11.0% YoY
Under IRS private-foundation payout rules, Charles H Hood Fund reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides scholarships to children of employees of H.P. Hood, Inc. for higher education. The foundation also supports child health research initiatives.
Grantmaking
The foundation made 36 grants in 2023. According to the most recent tax year data (2024), the foundation distributed approximately $81,000 in grants, with a median grant size of $2,000 and a maximum grant size of $6,000. The foundation made 28 grants in its latest electronic tax filing.
Grant Range
of $2,000 and a maximum grant size of $6,000. The foundation made 28 grants in its latest electronic tax filing.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $1,619,944
- Total Revenues: $68,911
- Total Expenses: $119,671
- Number of Employees: 0
Revenue Breakdown (2023):
- Investment income and dividends: $37,545
- Net gain from sale of non-inventory assets: $31,366
- Total grants and contributions received: $0
As of December 31, 2024:
- Total Assets: $1.8 million
- Total Distributions: $81,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,758,733 | $1,619,944 | $1,511,929 |
| Revenue | $52,564 | $68,911 | $18,383 |
| Expenses | $100,770 | $119,671 | $130,143 |
| Qualifying Distributions | $81,095 | $101,915 | $110,980 |
| Net Investment Income | $33,223 | $51,155 | $11,787 |
| Distributable Amount | $83,806 | $75,179 | $81,044 |
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
159 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Owen Salius ($6,000), Alexis Landry ($4,000), Audrey Cranbrook ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Alexander Neal Kearneyville, WV | Tuition Payments to Higher Education Institution | $2,000 |
| Alexis Landry Gorham, ME | Tuition Payments to Higher Education Institution | $4,000 |
| Amina Malagic Barre, VT | Tuition Payments to Higher Education Institution | $2,000 |
| Andres Gonzalez Hockessin, DE | Tuition Payments to Higher Education Institution | $2,000 |
| April Sayers Front Royal, VA | Tuition Payments to Higher Education Institution | $2,000 |
| Audrey Cranbrook Minnetonka, MN | Tuition Payments to Higher Education Institution | $4,000 |
| Bentley Cranbrook Minnetonka, MN | Tuition Payments to Higher Education Institution | $2,000 |
| Brandon East Rome, NY | Tuition Payments to Higher Education Institution | $581 |
| Grant Brill Petersburg, WV | Tuition Payments to Higher Edcuation Institution | $2,000 |
| Jacob Gajewski Akron, NY | Tuition Payments to Higher Education Institution | $4,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Lynne Bohan – President, Chairman & Director
- Andrew Severance – Treasurer & Director
- Danielle Lemack – Director
- John Acheson – Director
- Alisha Garry – Director & Clerk
All board members serve without compensation and work zero hours per week in their roles.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lynne Bohan | President, Chairman & Dire | — | — |
| Andrew Severance | Treasurer & Director | — | — |
| Danielle Lemack | Director | — | — |
| John Acheson | Director | — | — |
| Alisha Garry | Director & Clerk | — | — |
Recent News & Activity
Recent developments and announcements
The foundation actively awards child health research grants. Recent award recipients in 2023 included researchers focused on:
Applications Open for January 2026 Hood Foundation Child Health Research\EEG-based biomarkers of language growth in preschool-aged children with Down syndrome (Carol Wilkinson, M.D., Boston Children's Hospital)
Childhood tuberculosis treatment outcomes in rural South Africa (Brittney van de Water, Ph.D., Boston College)
Pulmonary hypoplasia using genetic, epigenetic, and stem cell approaches (Samuel Rowbotham, Ph.D., Massachusetts General Hospital)
Refugee mental health through translation of evaluative instruments (Julia Rosenberg, M.D., Yale University)
Pediatric surgical research (Hsin-Hsiao Wang, M.D., Harvard Medical School/Boston Children's Hospital)
The foundation continues to accept applications for child health research awards, with application cycles occurring regularly throughout the year.
Applications Open for January 2026 Hood Foundation Child Health Research\Frequently Asked Questions
What does Charles H Hood Fund fund?
The foundation provides scholarships to children of employees of H.P. Hood, Inc. for higher education. The foundation also supports child health research initiatives.
How do I apply for a grant from Charles H Hood Fund?
The foundation made 36 grants in 2023. According to the most recent tax year data (2024), the foundation distributed approximately $81,000 in grants, with a median grant size of $2,000 and a maximum grant size of $6,000. The foundation made 28 grants in its latest electronic tax filing.
What size grants does Charles H Hood Fund award?
In 2024, Charles H Hood Fund awarded 28 grants totaling $80K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Charles H Hood Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles H Hood Fund reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles H Hood Fund's EIN?
Charles H Hood Fund's EIN (Employer Identification Number) is 04-6036788. IRS Form 990 filing data is available on this page for 2020–2024.
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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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