Ina & Lewis Heafitz is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 15 grants totaling $411K. Net investment income was $57K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-67.3% YoY
Annual Giving
$411K
-22.2% YoY
Grant Count
15
+50.0% YoY
Avg Grant Size
$27K
-48.1% YoY
Under IRS private-foundation payout rules, Ina & Lewis Heafitz reported a distributable amount of $401K for 2024 — the minimum it must pay out in qualifying distributions.
About Ina & Lewis Heafitz
Based on IRS filings
Ina & Lewis Heafitz is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 15 grants totaling $411K. Net investment income was $57K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,201,035 | $3,669,350 | $4,025,911 |
| Revenue | $770,689 | $190,318 | $706,506 |
| Expenses | $422,076 | $537,500 | $601,335 |
| Qualifying Distributions | $410,812 | $528,000 | $587,480 |
| Net Investment Income | $56,530 | $190,193 | $380,480 |
| Distributable Amount | $401,417 | $301,065 | $311,099 |
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
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pennsylvania ($320,000), Combined Jewish Philanthropies of Greater Boston Inc ($36,000), Museum of Science ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATES COLLEGE LEWISTON, ME | TO PROVIDE FUNDS FOR PROGRAM | $1,000 |
| BIGELOW LABORATORY FOR OCEAN SCIENCES EAST BOOTHBAY, ME | TO PROVIDE FUNDS FOR PROGRAM | $10,000 |
| BOOTHBAY REGION YMCA BOOTHBAY HARBOR, ME | TO PROVIDE FUNDS FOR PROGRAM | $2,000 |
| BOYS AND GIRLS CLUB BOSTON, MA | TO PROVIDE FUNDS FOR PROGRAM | $1,000 |
| COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC BOSTON, MA | TO PROVIDE FUNDS FOR PROGRAM | $36,000 |
| MASS GENERAL HOSPITAL BOSTON, MA | TO PROVIDE FUNDS FOR PROGRAM | $5,000 |
| MAY INSTITUTE RANDOLPH, MA | TO PROVIDE FUNDS FOR PROGRAM | $2,000 |
| MIT HILLEL CAMBRIDGE, MA | TO PROVIDE FUNDS FOR PROGRAM | $2,500 |
| MORRIS ARBORETUM & GARDENS PHILADELPHIA, PA | TO PROVIDE FUNDS FOR PROGRAM | $3,500 |
| MUSEUM OF SCIENCE BOSTON, MA | TO PROVIDE FUNDS FOR PROGRAM | $14,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEWIS HEAFITZ | TRUSTEE | 5 | — |
| INA HEAFITZ | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ina & Lewis Heafitz?
Ina & Lewis Heafitz is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. It holds $1.2M in total assets as of 2024.
How large is Ina & Lewis Heafitz?
As of 2024, Ina & Lewis Heafitz holds $1.2M in total assets with $771K in annual revenue. It awarded 15 grants totaling $411K in 2024.
Where does Ina & Lewis Heafitz operate?
Ina & Lewis Heafitz has awarded grants in District of Columbia, Florida, Louisiana, Massachusetts, Maine, New York, Pennsylvania, Rhode Island.
What size grants does Ina & Lewis Heafitz award?
In 2024, Ina & Lewis Heafitz awarded 15 grants totaling $411K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Ina & Lewis Heafitz required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ina & Lewis Heafitz reported a distributable amount of $401K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ina & Lewis Heafitz's EIN?
Ina & Lewis Heafitz's EIN (Employer Identification Number) is 26-0623896. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ina & Lewis Heafitz's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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