Edward H Mank Foundation

NEEDHAM, MA EIN: 22-2580000

Edward H Mank Foundation is a private foundation, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $819K in total assets. In 2024, it awarded 14 grants totaling $223K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$819K

-19.0% YoY

Annual Giving

$223K

-13.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

-13.5% YoY

Under IRS private-foundation payout rules, Edward H Mank Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

About Edward H Mank Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $940K (95%)

New York $54K (5%)

States

Massachusetts New York

Cities

BostonNeedhamNew YorkNewton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$818,946	$1,011,120	$1,146,708
Revenue	$53,298	$145,404	$245,216
Expenses	$245,472	$280,992	$261,314
Qualifying Distributions	$228,199	$262,949	$242,308
Net Investment Income	$36,025	$27,214	$32,732
Distributable Amount	$47,545	$52,699	$56,417

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

59 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Squashbusters ($75,000), Cambridge Health Alliance ($35,000), Cure Alzheimers Fund ($25,000).

Recipient	Purpose	Amount
ADOLESCENT CONSULTING SERVICES NEEDHAM, MA	GENERAL CHARITABLE PURPOSES	$10,000
CAMBRIDGE HEALTH ALLIANCE BOSTON, MA	GENERAL CHARITABLE PURPOSES	$35,000
CURE ALZHEIMERS FUND NEEDHAM, MA	GENERAL CHARITABLE PURPOSE	$25,000
DR NINA TOLKOFF-RUBIN RESEARCH NEEDHAM, MA	GENERAL CHRITABLE PURPOSES	$25,000
EQUITY SCHOLARSHIPS AT LONGLY BOSTON, MA	GENERAL CHARITABLE PURPOSES	$5,000
MASS GENERAL HOSPITAL BOSTON, MA	GENERAL CHARITABLE PURPOSES	$20,000
MISC DONATIONS 2500 & UNDER NEEDHAM, MA	GENERAL CHARITABLE PURPOSE	$5,750
PRISONERS LEAGAL SERVICES BOSTON, MA	GENERAL CHARITABLE PURPOSES	$3,000
PUBLICOLOR NEW YORK, NY	GENERAL CHRITABLE PURPOSES	$5,000
SISTEMA SIDE BY SIDE AT LONGLY BOSTON, MA	GENERAL CHARITABLE PURPOSES	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DONALD HIMMELSBACH	TRUSTEE	10	$20,306

Frequently Asked Questions

How large is Edward H Mank Foundation?

As of 2024, Edward H Mank Foundation holds $819K in total assets with $53K in annual revenue. It awarded 14 grants totaling $223K in 2024.

Where does Edward H Mank Foundation operate?

Edward H Mank Foundation has awarded grants in Massachusetts, New York.

What size grants does Edward H Mank Foundation award?

In 2024, Edward H Mank Foundation awarded 14 grants totaling $223K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Edward H Mank Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward H Mank Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.