Keane Family Foundation
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.
Key facts about Keane Family Foundation
- EIN
- 04-6743248
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,968,350
- Grants made (2024)
- 32
- Average grant
- $61,511
- Median grant
- $27,150
- Total assets
- $33,345,291
- Primary geography
- Rhode Island (30% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who Keane Family Foundation funds
By grant dollars, the top recipient states for Keane Family Foundation's 32 itemized 2024 grants were Rhode Island (30%), Massachusetts (27%) and Colorado (23%). The most frequent recipient cities were Boston, MA (6 grants), Vail, CO (3 grants), Chicaco, IL (3 grants) and Nantucket, MA (3 grants). 100% of grants with a stated purpose were for general or operating support.
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
32
+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.
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:
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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
Share of all 32 itemized 2024 grant dollars.
States
Cities
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.
| 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 recipients include Us Sailing Foundation ($600,000), Youthpower 365 (vail Valley Foundation) ($165,000), Vail Mountain School ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| US SAILING FOUNDATION BRISTOL, RI | CHARITABLE CONTRIBUTION UNRESTRICTED | $600,000 |
| YOUTHPOWER 365 (VAIL VALLEY FOUNDATION) EAGLE, CO | CHARITABLE CONTRIBUTION UNRESTRICTED | $165,000 |
| VAIL MOUNTAIN SCHOOL VAIL, CO | CHARITABLE CONTRIBUTION UNRESTRICTED | $150,000 |
| PRESIDENTS AND FELLOWS OF HARVARD COLLEGE CAMBRIDGE, MA | CHARITABLE CONTRIBUTION UNRESTRICTED | $125,000 |
| BOSTON CHILDRENS HOSPITAL BOSTON, MA | CHARITABLE CONTRIBUTION UNRESTRICTED | $100,000 |
| SKI & SNOWBOARD CLUB VAIL VAIL, CO | CHARITABLE CONTRIBUTION UNRESTRICTED | $75,000 |
| UASPIRE BOSTON, MA | CHARITABLE CONTRIBUTION UNRESTRICTED | $75,000 |
| US SKI & SNOWBOARD FOUNDATION PARK CITY, UT | CHARITABLE CONTRIBUTION UNRESTRICTED | $75,000 |
| DARTMOUTH COLLEGE HANOVER, NH | CHARITABLE CONTRIBUTION UNRESTRICTED | $60,000 |
| BOSTON FOUNDATION INC BOSTON, MA | CHARITABLE CONTRIBUTION UNRESTRICTED | $50,000 |
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.
What is Keane Family Foundation's EIN?
Keane Family Foundation's EIN (Employer Identification Number) is 04-6743248. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Keane Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.