Janet Turner Hubbard Mem Foundation Inc

Foundation · Grantmaker Wellesley, MA EIN: 22-2864924

Janet Turner Hubbard Mem Foundation Inc is a private foundation, based in Wellesley, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $197K in total assets. In 2024, it awarded 6 grants totaling $19K. Net investment income was $9K.

Key facts about Janet Turner Hubbard Mem Foundation Inc

EIN: 22-2864924
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $19,000
Grants made (2024): 6
Average grant: $3,167
Median grant: $4,000
Total assets: $196,610
Primary geography: Massachusetts (95% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Janet Turner Hubbard Mem Foundation Inc funds

By grant dollars, the top recipient states for Janet Turner Hubbard Mem Foundation Inc's 6 itemized 2024 grants were Massachusetts (95%) and New Hampshire (5%). The most frequent recipient cities were Boston, MA (3 grants). 100% of grants with a stated purpose were for general or operating support.

How Janet Turner Hubbard Mem Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (−5%). Method
In 2024 it paid out 136% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$197K

+2.4% YoY

Annual Giving

$19K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

+0.0% YoY

Under IRS private-foundation payout rules, Janet Turner Hubbard Mem Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Janet Turner Hubbard Mem Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $18K (95%)

New Hampshire $1K (5%)

Share of all 6 itemized 2024 grant dollars.

States

Massachusetts New Hampshire

Cities

BostonChichesterLynnPeabody

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$196,610	$192,067	$173,294
Revenue	$23,776	$46,758	$42,065
Expenses	$19,233	$27,983	$27,012
Qualifying Distributions	$19,000	$19,000	$19,000
Net Investment Income	$8,776	$7,922	$7,065
Distributable Amount	$13,965	$12,558	$11,429

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 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 6 recipients in 2024

Grant Size Distribution

30 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Chabad of Peabody ($5,000), Pine Street Inn ($4,000), Rosie's Place ($4,000).

Recipient	Purpose	Amount
CHABAD OF PEABODY Peabody, MA	UNRESTRICTED	$5,000
PINE STREET INN Boston, MA	UNRESTRICTED	$4,000
ROSIE'S PLACE Boston, MA	UNRESTRICTED	$4,000
MY BROTHERS TABLE Lynn, MA	UNRESTRICTED	$4,000
LIVE AND LET LIVE FARM INC Chichester, NH	UNRESTRICTED	$1,000
MSPCA Boston, MA	UNRESTRICTED	$1,000

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
Lawrence Litwak	President, Treasurer, Clerk and Direct	0.25	—
Melissa a Hutchins	Director	—	—

Frequently Asked Questions

How large is Janet Turner Hubbard Mem Foundation Inc?

As of 2024, Janet Turner Hubbard Mem Foundation Inc holds $197K in total assets with $24K in annual revenue. It awarded 6 grants totaling $19K in 2024.

Where does Janet Turner Hubbard Mem Foundation Inc operate?

Janet Turner Hubbard Mem Foundation Inc has awarded grants in Massachusetts, New Hampshire.

What size grants does Janet Turner Hubbard Mem Foundation Inc award?

In 2024, Janet Turner Hubbard Mem Foundation Inc awarded 6 grants totaling $19K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Janet Turner Hubbard Mem Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Janet Turner Hubbard Mem Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Janet Turner Hubbard Mem Foundation Inc's EIN?

Janet Turner Hubbard Mem Foundation Inc's EIN (Employer Identification Number) is 22-2864924. IRS Form 990 filing data is available on this page for 2020–2024.