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Fox Rock Foundation

QUINCY, MA EIN: 04-3510635 Website

Fox Rock Foundation is a private family foundation established by Karen and Rob Hale, located in Quincy, Massachusetts. The foundation is a 501(c)(3) organization that supports a wide variety of organizations across multiple focus areas. The foundation's name derives from a large rock at the Hales' home that has become a place of significance for the family and is visited by wildlife, including foxes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$207K

-13.6% YoY

Annual Giving

$43K

-98.5% YoY

Grant Count

16

-23.8% YoY

Avg Grant Size

$3K

-98.0% YoY

Under IRS private-foundation payout rules, Fox Rock Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Mission: Fox Rock Foundation is the private family foundation established by Karen and Rob Hale to inspire health in our communities and our environment, with more opportunity for all.

Primary Focus Areas:

  • Education
  • Health & Wellbeing
  • Conservation
  • Equality

Grantmaking

Fox Rock Foundation makes grants by invitation, though the foundation invites potential applicants to reach out to submit materials for informational purposes. The foundation currently focuses on grant partnerships with small and mid-sized nonprofits.

Grant Types

** The foundation makes unrestricted contributions to grantees

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Geographic Focus

Where this funder awards grants

The foundation supports diverse initiatives across numerous U.S. cities and states, with particular emphasis on New England and beyond. Documented funding extends to Massachusetts, Florida, New York, Illinois, California, Connecticut, Ohio, Delaware, Virginia, Tennessee, Rhode Island, Maryland, Oregon, and Washington, D.C., among other locations. The foundation does significant grantmaking in Boston and surrounding areas.

Grant Distribution by State

18states
+10 more states

Cities

AbingdonAlexandriaBelmontBloomingtonBostonBridgewaterBrightonBrooklynCambridgeChestnut HhillChestnut HillChicagoCulver CityDeerfieldDenverDorchesterFall RiverFlats VillageFossilFoxborough

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2024):

  • Total Assets: $207,106–$240,000 (figures vary by source)
  • Total Revenues: $5,045–$2,060,583 (figures vary by source)
  • Total Expenses: $48,564–$2,878,830 (figures vary by source)
  • Annual Grants Awarded: Approximately $2.9 million
  • Number of Employees: 0

Funding Sources: The foundation's income is sourced from securities and cash reserves, including dividend income from Fidelity investment statements.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13M$25M$38M$51M20202021202220232024
Metric202420232022
Total Assets$207,106$239,689$1,614,417
Revenue$5,045$2,060,583$46,211,747
Expenses$48,564$2,878,830$44,725,411
Qualifying Distributions$43,064$2,872,580$44,720,081
Net Investment Income$4,333$56,631
Distributable Amount$10,721$17,688$129,189

Giving Over Time

Total grant dollars and number of grants per year

$0$11M$22M$34M$45M19 grants202020 grants202177 grants202221 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

QUIN IMPACT FUND$10KWONDERFUND$10KHARVARD UNIVERSITY$5KTHE ESPLANADE ASSOCIATION$5KBOSTON CHILDREN'S HOSPITAL$3KBOYS & GIRLS CLUB OF DOR…$3KPAN MASS CHALLENGE$2KDANA FARBER CANCER INSTI…$1KGIVENGAIN$1KROSIES PLACE$1K

Grant Size Distribution

126 grants across all recorded years

76<$50K3$50–100K13$100–250K4$250–500K6$500K–1M24$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Quin Impact Fund ($10,000), Wonderfund ($10,000), Harvard University ($5,000).

RecipientPurposeAmount
ALZHEIMER'S ASSOC - MA CHAPTER WATERTOWN, MAUNRESTRICTED CONTRIBUTION$250
BOSTON CHILDREN'S HOSPITAL BOSTON, MAUNRESTRICTED CONTRIBUTIONS$3,100
BOYS & GIRLS CLUB OF DORCHESTER DORCHESTER, MAUNRESTRICTED CONTRIBUTIONS$2,625
DANA FARBER CANCER INSTITUTE BOSTON, MAUNRESTRICTED CONTRIBUTIONS$1,000
GIVENGAIN BOSTON, MAUNRESTRICTED CONTRIBUTIONS$1,000
HARVARD UNIVERSITY CAMBRIDGE, MAUNRESTRICTED CONTRIBUTIONS$5,000
HINGHAM SPORTS PARTNERSHIP HINGHAM, MAUNRESTRICTED CONTRIBUTIONS$30
LAWYERS FOR CIVIL RIGHTS BOSTON, MAUNRESTRICTED CONTRIBUTIONS$309
PAN MASS CHALLENGE NEEDHAM, MAUNRESTRICTED CONTRIBUTIONS$2,350
PLYMOUTH COUNTY BEEKEEPERS ASSOCIATION HANSON, MAUNRESTRICTED CONTRIBUTIONS$150

Leadership & Key People

Leadership team and compensation from IRS filings

  • Robert (Rob) Hale – Founder; CEO and President of Granite Telecommunications; minority owner in the Boston Celtics; sits on the board of Brigham & Women's Hospital
  • Karen Hale – Co-founder

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT T HALE JRTRUSTEE0.25
KAREN R HALETRUSTEE0.25

Recent News & Activity

Recent developments and announcements

Forbes reported that the Boston billionaire is giving away $1 million per week

The Boston Globe covered the South Shore philanthropists' $1 million weekly charitable giving

Safe House Project received a transformative $1 million endowment from Rob and Karen Hale

2021

The foundation has become better organized and more transparent since its name change in 2021 (formerly known as New Breeze Foundation)

The foundation appears to be ramping up its grantmaking activities significantly

Contact Information

  • Address: 150 Newport Avenue Ext, Quincy, MA 02171-2150
  • Telephone: 781-740-4558
  • Website: foxrock-foundation.org

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Fox Rock Foundation fund?

**Mission:** Fox Rock Foundation is the private family foundation established by Karen and Rob Hale to inspire health in our communities and our environment, with more opportunity for all. **Primary Focus Areas:** • Education • Health & Wellbeing • Conservation • Equality

How do I apply for a grant from Fox Rock Foundation?

Fox Rock Foundation makes grants by invitation, though the foundation invites potential applicants to reach out to submit materials for informational purposes. The foundation currently focuses on grant partnerships with small and mid-sized nonprofits. **Recent Grant Activity (2024):** • Made 21 grants in the most recent fiscal year • Notable grants include: • Franciscan Hospital for Children: $1,000,000 (unrestricted contributions) • Massachusetts Wonderfund: $10,000 (unrestricted contributions)

Where does Fox Rock Foundation make grants?

The foundation supports diverse initiatives across numerous U.S. cities and states, with particular emphasis on New England and beyond. Documented funding extends to Massachusetts, Florida, New York, Illinois, California, Connecticut, Ohio, Delaware, Virginia, Tennessee, Rhode Island, Maryland, Oregon, and Washington, D.C., among other locations. The foundation does significant grantmaking in Boston and surrounding areas.

What size grants does Fox Rock Foundation award?

In 2024, Fox Rock Foundation awarded 16 grants totaling $43K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Fox Rock Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fox Rock Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fox Rock Foundation's EIN?

Fox Rock Foundation's EIN (Employer Identification Number) is 04-3510635. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Fox Rock Foundation's focus areas in our free grants database

Related Funders

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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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