Gansett Foundation

BOSTON, MA EIN: 04-3535723

Gansett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. Net investment income was $502K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.7M

-0.3% YoY

Revenue

$505K

-88.0% YoY

Net Investment Income

$502K

-69.1% YoY

Expenses

$46K

+175.2% YoY

Under IRS private-foundation payout rules, Gansett Foundation reported a distributable amount of $396K for 2024 — the minimum it must pay out in qualifying distributions.

About Gansett Foundation

Based on IRS filings

Gansett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. Net investment income was $502K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BostonBozemanHamiltonN Palm BeachNorth Palm BeachWilliamstownWoods Hole

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$8,653,510$8,683,013$6,224,260
Revenue$504,547$4,214,413$195,540
Expenses$45,512$16,535$1,264,066
Qualifying Distributions$1,250,000
Net Investment Income$502,151$1,623,882$181,474
Distributable Amount$396,444$272,827$239,558

Giving Over Time

Total grant dollars and number of grants per year

$0$313K$625K$938K$1M10 grants20200 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

7<$50K1$50–100K2$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TIMOTHY BARROWS CO PAUL MCCOY LLPTRUSTEE0.5
MARGARET FLANAGAN CO PAUL MCCOY LLPTRUSTEE0.5
JONATHAN SOKOLOFF CO PAUL MCCOY LLPTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gansett Foundation?

Gansett Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $8.7M in total assets as of 2024.

How large is Gansett Foundation?

As of 2024, Gansett Foundation holds $8.7M in total assets with $505K in annual revenue.

Where does Gansett Foundation operate?

Gansett Foundation has awarded grants in Florida, Massachusetts, Montana, New York.

How much is Gansett Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gansett Foundation reported a distributable amount of $396K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gansett Foundation's EIN?

Gansett Foundation's EIN (Employer Identification Number) is 04-3535723. IRS Form 990 filing data is available on this page for 2020–2024.

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

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