Keane Family Foundation

NEEDHAM, MA EIN: 04-6743248

The Keane Family Foundation is a private foundation established in 1993 and located in Needham, Massachusetts. It operates as a family foundation with a focus on philanthropic giving across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$33.3M

-2.0% YoY

Annual Giving

$2.0M

+12.0% YoY

Grant Count

+6.7% YoY

Avg Grant Size

$62K

+5.0% YoY

Under IRS private-foundation payout rules, Keane Family Foundation reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation gives primarily for the arts, particularly art museums, as well as for higher education, hospitals, and social services.

Grantmaking

The foundation makes annual grants totaling approximately $597,000. Recent grants include:

Ready to take the next step with Keane Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation operates primarily in Massachusetts, with grantmaking activity concentrated in the New England region.

Grant Distribution by State

Massachusetts $3.3M (48%)

Colorado $1.4M (21%)

Rhode Island $1.3M (19%)

North Carolina $201K (3%)

Illinois $190K (3%)

New Hampshire $155K (2%)

New York $150K (2%)

Utah $150K (2%)

+4 more states

States

California Colorado District of Columbia Illinois Massachusetts Maine Minnesota North Carolina New Hampshire New York Rhode Island Utah

Cities

BostonBristolBrooklynCambridgeChicacoDorchesterEagleGreenfieldHanoverLafayetteLovelandMarionMattapanNantucketNew YorkNewtonNortonOyster BayPark CityPortland

Financial History

Multi-year comparison from IRS filings

As of December 2023:

Total assets: $34,020,802
Total revenues: $1,472,176
Total expenses: $2,131,250
Number of employees: 0

The foundation's revenues include interest on investments, gains and losses on investments, and interest and dividends on foundation investments.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$33,345,291	$34,020,802	$34,771,631
Revenue	$1,476,202	$1,472,176	$18,228,750
Expenses	$2,062,113	$2,131,250	$1,341,483
Qualifying Distributions	$2,007,100	$1,849,144	$1,202,000
Net Investment Income	$1,476,202	$1,366,070	$10,647,794
Distributable Amount	$2,030,681	$1,908,935	$1,400,741

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

113 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Us Sailing Foundation ($600,000), Youthpower 365 (vail Valley Foundation) ($165,000), Vail Mountain School ($150,000).

Recipient	Purpose	Amount
ARTISTS ASSOCIATION OF NANTUCKET NANTUCKET, MA	CHARITABLE CONTRIBUTION UNRESTRICTED	$2,300
BUCKINGHAM BROWNE & NICHOLS CAMBRIDGE, MA	CHARITABLE CONTRIBUTION UNRESTRICTED	$25,000
BOSTON FOUNDATION INC BOSTON, MA	CHARITABLE CONTRIBUTION UNRESTRICTED	$50,000
BOYS & GIRLS CLUB OF BOSTON BOSTON, MA	CHARITABLE CONTRIBUTION UNRESTRICTED	$10,000
BRAVEN INC CHICACO, IL	CHARITABLE CONTRIBUTION UNRESTRICTED	$50,000
COMPASS WORKING CAPITAL BOSTON, MA	CHARITABLE CONTRIBUTION UNRESTRICTED	$50,000
CYCLE EFFECT EAGLE, CO	CHARITABLE CONTRIBUTION UNRESTRICTED	$25,000
BRAVO VAIL VAIL, CO	CHARITABLE CONTRIBUTION UNRESTRICTED	$25,000
CHICAGO YACHT CLUB CHICACO, IL	CHARITABLE CONTRIBUTION UNRESTRICTED	$15,000
LANDS SAKE INC WESTON, MA	CHARITABLE CONTRIBUTION UNRESTRICTED	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Ms. Victorie K Lang serves as Trustee of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
VICTOIRE K LANG	TRUSTEE	1	—
BRIAN T KEANE	TRUSTEE	1	—
JOHN F KEANE JR	TRUSTEE	1	—

Contact Information

Address: 10 Kearney Road, Suite 305, Needham, MA 02494

Telephone: 781-444-8400

EIN: 04-6743248

Frequently Asked Questions

What does Keane Family Foundation fund?

The foundation gives primarily for the arts, particularly art museums, as well as for higher education, hospitals, and social services.

How do I apply for a grant from Keane Family Foundation?

The foundation makes annual grants totaling approximately $597,000. Recent grants include: • Beth Israel Lahey Health: $300,000 (2023) • Vail Mountain School: $165,200 (2023) • Land's Sake: $95,000 (2023) The foundation made 23 grants totaling $1,093,083 in 2023.

Where does Keane Family Foundation make grants?

The foundation operates primarily in Massachusetts, with grantmaking activity concentrated in the New England region.

What size grants does Keane Family Foundation award?

In 2024, Keane Family Foundation awarded 32 grants totaling $2.0M — an average of about $62K per grant, based on its IRS Form 990 filings.

How much is Keane Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Keane Family Foundation reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.