The Grant and Lara Gund Foundation is a private independent foundation based in Concord, Massachusetts. Established in 2002, the foundation operates as a 501(c)(3) philanthropic organization dedicated to grantmaking across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-27.6% YoY
Annual Giving
$1.1M
+3.8% YoY
Grant Count
28
+3.7% YoY
Avg Grant Size
$39K
+0.1% YoY
Mission & Focus Areas
The foundation does not specify particular subject areas of focus but has demonstrated support across diverse funding categories including education, philanthropy and voluntarism, human services, and environmental initiatives. The foundation's activities span multiple disciplines and geographic locations, suggesting a broad philanthropic approach.
Grantmaking
The foundation reported total giving of approximately $1.1 million in recent fiscal years, with typical award ranges between $1,000 and $200,000. The foundation has awarded grants to numerous recipients, with historical grant activity indicating an average grant size of approximately $144 and a median grant amount that varies by funding cycle. The foundation appears open to new applicants, with approximately 12% of new applicants receiving funding in recent years.
Grant Range
of approximately $144 and a median grant amount that varies by funding cycle. The foundation appears open to new applicants, with approximately 12% of new applicants receiving funding in recent years.
Average Grant
of approximately $144 and a median grant amount that varies by funding cycle. The foundation appears open to new applicants, with approximately 12% of new applicants receiving funding in recent years.
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Geographic Focus
Where this funder awards grants
The Grant and Lara Gund Foundation funds projects across multiple U.S. states and cities, including major urban centers such as Boston, New York, and Chicago, as well as smaller communities. Primary geographic focus areas include Massachusetts, Vermont, New York, Texas, Virginia, and Connecticut. The foundation has demonstrated particular commitment to environmental initiatives in Vermont, including support for the University of Vermont's environmental programs.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of the most recent fiscal year (2023):
- Total Assets: $2.29 million
- Total Expenses: $1.1 million
- Revenue: Negative $29,343
- Total Liabilities: $0
The foundation's assets have shown modest growth, increasing 2.6% from the previous year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,657,983 | $2,289,779 | $3,416,781 |
| Revenue | $499,583 | $-29,343 | $81,257 |
| Expenses | $1,134,595 | $1,096,450 | $1,106,967 |
| Qualifying Distributions | $1,111,920 | $1,071,948 | $1,077,844 |
| Net Investment Income | $478,958 | $32,722 | $50,076 |
| Distributable Amount | $150,385 | $189,007 | $233,990 |
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
129 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by trustees Grant A. Gund and Lara B. Gund, who serve without compensation for their roles.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GRANT A GUND | TRUSTEE | 1 | — |
| LARA B GUND | TRUSTEE | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The Gund family, including Grant and Lara Gund, participated in a $6 million gift to the University of Vermont to create the Gund Institute for Environment. This initiative expanded upon the family's earlier establishment of the Gund Institute for Ecological Economics at UVM in 2002, demonstrating sustained commitment to environmental scholarship and sustainability research.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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