Ina & Lewis Heafitz
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.
Key facts about Ina & Lewis Heafitz
- EIN
- 26-0623896
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $410,812
- Grants made (2024)
- 15
- Average grant
- $27,387
- Median grant
- $3,500
- New grantees (estimate)
- 27% first-time grantees (4 of 15, 2024)
- Total assets
- $1,201,035
- Primary geography
- Pennsylvania (79% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Ina & Lewis Heafitz funds
By grant dollars, the top recipient states for Ina & Lewis Heafitz's 15 itemized 2024 grants were Pennsylvania (79%) and Massachusetts (17%). The most frequent recipient cities were Boston, MA (4 grants) and Philadelphia, PA (2 grants). None of its 15 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Provide Funds for Program" (14 grants).
Is Ina & Lewis Heafitz open to new grantees?
27%
first-time grantees, 2024
In 2024, 4 of 15 grantees (27%) were first-time recipients. First grants averaged $3K; repeat grants $36K. How we count
Medians: $3K first-time, $5K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving fell 40% from 2021 to 2024. Method
- In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Ina & Lewis Heafitz
- How to evaluate Ina & Lewis Heafitz as a funder
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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
Share of all 15 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include University of Pennsylvania ($320,000), Combined Jewish Philanthropies of Greater Boston Inc ($36,000), Museum of Science ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF PENNSYLVANIA Philadelphia, PA | TO PROVIDE FUNDS FOR PROGRAM | $320,000 |
| COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC Boston, MA | TO PROVIDE FUNDS FOR PROGRAM | $36,000 |
| MUSEUM OF SCIENCE Boston, MA | TO PROVIDE FUNDS FOR PROGRAM | $14,000 |
| BIGELOW LABORATORY FOR OCEAN SCIENCES East Boothbay, ME | TO PROVIDE FUNDS FOR PROGRAM | $10,000 |
| MASS GENERAL HOSPITAL Boston, MA | TO PROVIDE FUNDS FOR PROGRAM | $5,000 |
| TEMPLE EMANUEL OF NEWTON Newton Centre, MA | TO PROVIDE FUNDS FOR PROGRAM | $5,000 |
| WORLD JEWISH CONGRESS New York, NY | KDS - 11/14/23 11:13AM WORKSHEET PRIVATE FOUNDATION | $5,000 |
| MORRIS ARBORETUM & GARDENS Philadelphia, PA | TO PROVIDE FUNDS FOR PROGRAM | $3,500 |
| MIT HILLEL Cambridge, MA | TO PROVIDE FUNDS FOR PROGRAM | $2,500 |
| BOOTHBAY REGION YMCA Boothbay Harbor, ME | TO PROVIDE FUNDS FOR PROGRAM | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.