Joseph M & Thelma Linsey Foundation

NEWTON, MA EIN: 04-6038331

Joseph M & Thelma Linsey Foundation is a private foundation, based in NEWTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $773K in total assets. In 2024, it awarded 3 grants totaling $211K. Net investment income was $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$773K

+36.9% YoY

Annual Giving

$211K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$70K

+0.0% YoY

Under IRS private-foundation payout rules, Joseph M & Thelma Linsey Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.

About Joseph M & Thelma Linsey Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $740K (94%)

Florida $50K (6%)

States

Florida Massachusetts

Cities

BostonMarbleheadW Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$772,863	$564,547	$466,696
Revenue	$425,859	$314,603	$305,992
Expenses	$217,543	$216,752	$16,724
Qualifying Distributions	$211,400	$211,400	$11,400
Net Investment Income	$24,231	$13,644	$4,903
Distributable Amount	$27,130	$19,136	$23,037

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Beth Israel Deaconess Medical Center ($200,000), Jewish Federation of Palm Beach ($10,000), Epstein Hillel School ($1,400).

Recipient	Purpose	Amount
BETH ISRAEL DEACONESS MEDICAL CENTER BOSTON, MA	MEDICAL	$200,000
EPSTEIN HILLEL SCHOOL MARBLEHEAD, MA	EDUCATIONAL	$1,400
JEWISH FEDERATION OF PALM BEACH W PALM BEACH, FL	RELIGIOUS	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THELMA R LINSEY	TRUSTEE	—	—
ALFRED S ROSS	TRUSTEE	—	—
JOHN W PATTERSON	TRUSTEE	—	—

Frequently Asked Questions

How large is Joseph M & Thelma Linsey Foundation?

As of 2024, Joseph M & Thelma Linsey Foundation holds $773K in total assets with $426K in annual revenue. It awarded 3 grants totaling $211K in 2024.

Where does Joseph M & Thelma Linsey Foundation operate?

Joseph M & Thelma Linsey Foundation has awarded grants in Florida, Massachusetts.

What size grants does Joseph M & Thelma Linsey Foundation award?

In 2024, Joseph M & Thelma Linsey Foundation awarded 3 grants totaling $211K — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Joseph M & Thelma Linsey Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph M & Thelma Linsey Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph M & Thelma Linsey Foundation's EIN?

Joseph M & Thelma Linsey Foundation's EIN (Employer Identification Number) is 04-6038331. IRS Form 990 filing data is available on this page for 2020–2024.