From the Source Foundation

NEWTON, MA EIN: 87-4025693

From the Source Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 8 grants totaling $47K. Net investment income was $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+2.0% YoY

Annual Giving

$47K

+161.1% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$6K

+63.2% YoY

About From the Source Foundation

Based on IRS filings

From the Source Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 8 grants totaling $47K. Net investment income was $57K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlexandraBostonBoulderClaremontNewtonvillePortsmouthRestonWashingtonWashinton DcWatertown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$370K$740K$1M$1M2021202220232024
Metric202420232022
Total Assets$1,013,445$993,656$1,051,590
Revenue$72,518$-1,398$1,344,993
Expenses$52,641$55,831$78,576
Qualifying Distributions$50,000$25,120$75,641
Net Investment Income$56,770$16,773$993,383
Distributable Amount$56,008$50,414$36,674

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$35K$47K0 grants20217 grants20225 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

THIRD OPTION FOUNDATION$10KPRIMARY SOURCE$7KMARINE CORPS SCHOLARSHIP$7KCLAREMONT NH FOOD BANK$5KCRADLES TO CRAYONS$5KGREATER BOSTON FOOD BANK$5KTHE FUND FOR AMERICAN ST…$5KLEARNING COURAGE$3K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MATTHEW MCKNIGHTTREASURER, DIRECTOR
WHITNEY MCKNIGHTPRESIDENT, SECRETARY, DIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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