Liberty Mutual Foundation Inc logo

Liberty Mutual Foundation Inc

BOSTON, MA EIN: 14-1893520 Website

Liberty Mutual Foundation Inc is a private independent foundation established in 2003 and headquartered in Boston, Massachusetts. As a company-sponsored foundation, it leverages the expertise, leadership, and financial strength of Liberty Mutual Insurance to support nonprofit organizations addressing critical social needs. The foundation operates with a mission to improve the lives of vulnerable populations through strategic philanthropic investments.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46.1M

-0.9% YoY

Annual Giving

$50.6M

-3.2% YoY

Grant Count

706

-2.9% YoY

Avg Grant Size

$72K

-0.3% YoY

Under IRS private-foundation payout rules, Liberty Mutual Foundation Inc reported a distributable amount of $2.7M 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's mission is to invest the expertise, leadership, and financial strength of Liberty Mutual Insurance and its employees to improve the lives of vulnerable neighbors. The foundation supports organizations involved with:

  • Arts and culture
  • Education
  • Health
  • Human services
  • Community development
  • Civic affairs

Special emphasis is directed toward:

  • Programs providing accessibility for individuals of all abilities
  • Security for men, women, and children experiencing homelessness
  • Educational opportunities for children and youth living in poverty

The foundation operates through a strategic grantmaking framework that seeks to advance security and build resiliency for vulnerable people and communities.

Grantmaking

The foundation invites applications through Requests for Proposals (RFPs) in priority funding areas. Active grant opportunities include:

Grant Range

$35,000

How to Apply

**

Ready to take the next step with Liberty Mutual Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Massachusetts (with special focus on Greater Boston area)
  • Washington State
  • Texas

Grant opportunities are available only to nonprofits that run programming in select areas of Greater Boston and Washington State counties.

Grant Distribution by State

47states
+39 more states

Cities

ActonAlexandriaAllstonArlingtonAssonetAtlantaAuburnAustinAvon ParkBainbridge IslandBaltimoreBaton RougeBedfordBellevueBellinghamBeltonBloomingtonBoiseBostonBothell

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $46,120,876
  • Total Revenue: $50,862,917
  • Total Expenses: $51,298,250
  • Total Liabilities: $0

The foundation ranks in the top 10% of foundations by asset size (#3,966 of 159,619 foundations nationally).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$50M$67M20202021202220232024
Metric202420232022
Total Assets$46,120,876$46,556,209$53,067,139
Revenue$50,862,917$46,323,148$61,066,266
Expenses$51,298,250$52,834,078$48,382,798
Qualifying Distributions$50,580,017$52,240,174$47,449,394
Net Investment Income$33,161,765$39,654,573$55,215,232
Distributable Amount$2,655,264$1,940,675$2,021,182

Giving Over Time

Total grant dollars and number of grants per year

$0$13M$26M$39M$52M764 grants2020622 grants20211,257 grants2022727 grants2023706 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN FORESTS$300KAMERICAN FORESTS$250KBAY COVE HUMAN SERVICES …$125KACTION FOR BOSTON COMMUN…$100KARTISTS FOR HUMANITY INC…$100KBEST BUDDIES MASSACHUSETTS$80KBETH ISRAEL DEACONESS ME…$75KASIAN AMERICAN CIVIC ASS…$70K826 BOSTON$60KAFRICAN COMMUNITY EDUCAT…$60K

Grant Size Distribution

250 grants across all recorded years

202<$50K29$50–100K11$100–250K8$250–500K$500K–1M$1–5M$5M+

Open Grants

7 open opportunities from Liberty Mutual Foundation Inc

Show all 7 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Forests ($300,000), American Forests ($250,000), Bay Cove Human Services Inc ($125,000).

RecipientPurposeAmount
826 BOSTON BOSTON, MAIN-SCHOOL WRITING PROGRAM EXPANSION$60,000
ABILITIES DANCE INCORPORATED BROOKLINE, MAOPERATING SUPPORT$50,000
ABILITIES DANCE INCORPORATED BROOKLINE, MABRANCHES 2025: VIRTUAL PRODUCTION INSPIRED BY THE INTERSECTIONS OF CLIMATE JUSTICE AND DISABILITY JUSTICE$15,000
ACADEMY OF THE PACIFIC RIM HYDE PARK, MAURGENT THIRD FLOOR WINDOW REPLACEMENT TO REDUCE CARBON FOOTPRINT AND INCREASE HEALTHY WORK & STUDY SCHOOL ENVIRONMENT$15,000
ACTION FOR BOSTON COMMUNITY DEVELOPMENT INC BOSTON, MATHE YOUTH SUCCESS ACCELERATOR$100,000
ACTORS' SHAKESPEARE PROJECT WATERTOWN, MASHAKESPEARE+ INSIDE AND OUT$20,000
AFRICAN COMMUNITY EDUCATION DEVELOPMENT OF NEW ENGLAND BOSTON, MAEDUCATIONAL PROGRAMS$60,000
ALIMENTANDO AL PUEBLO BURIEN, WALATINX FOOD BANK$20,000
ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION BRIGHTON, MABRIAN J. HONAN DEEP ENERGY RETROFIT$60,000
ALRAY TAYLOR SECOND CHANCE SCHOLARSHIP FUND BOSTON, MARE-ENGAGING STUDENTS IN POSTSECONDARY PATHWAYS$35,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board and Key Personnel:

  • Melissa M MacDonnell - President
  • Vlad Barbalat - Executive Vice President/Chief Information Officer/Director
  • James Closson - Vice President
  • Timothy M Sweeney - Director
  • Neeti Bhalla Johnson - Director
  • Ann T Stanberry - Director
  • Christopher L Peirce - Executive Vice President, Chief Financial Officer, Treasurer, and Director
  • Colleen K Lynch - Assistant Secretary
  • Kristin L Kelley - Assistant Secretary
  • Mary F Garlock - Assistant Secretary
  • Michael B Garvey - Assistant Secretary

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TIMOTHY M SWEENEYDIRECTOR1
NEETI BHALLA JOHNSONDIRECTOR1
ANN T STANBERRYDIRECTOR1
MELISSA M MACDONNELLPRESIDENT1
VLAD BARBALATEXECUTIVE VP/CIO/DIRECTOR1
JAMES CLOSSONVICE PRESIDENT1
COLLEEN K LYNCHASSISTANT SECRETARY1
KRISTIN L KELLEYASSISTANT SECRETARY1
MARY F GARLOCKASSISTANT SECRETARY1
MICHAEL B GARVEYASSISTANT SECRETARY1
MELANIE M FOLEYDIRECTOR1
MONICA CALDASDIRECTOR1
NIK VASILAKOSASSISTANT TREASURER1
THOMAS LOVVOLLVICE PRESIDENT1
MAURA MCKINNONVICE PRESIDENT1
JAMES M MACPHEEDIRECTOR1
DAMON P HARTEVP/CHIEF LEGAL OFFICER/SECY/DIR1
MARK D'AMATOASSISTANT TREASURER1
DAVID H LONGCHAIRMAN/DIRECTOR1
HAMID TALAL MIRZADIRECTOR1
TREVOR G SCHNEIDERVICE PRESIDENT1
MICHAELA EDWARDSVICE PRESIDENT1
MILES JOHNSONASSISTANT TREASURER1
ROBERT PIETSCHASSISTANT TREASURER1

Recent News & Activity

Recent developments and announcements

2026

The foundation maintains active grantmaking with recent grants supporting housing stability, youth workforce development, and climate resiliency initiatives. The foundation announced a 2026 Strategic Overview Webinar scheduled for February 25, 2026, to introduce new leadership and outline the foundation's grantmaking strategy and goals for the coming year.

Liberty Mutual Foundation renews $25K grant to Nourishing Network, bringing

Recent grant recipients include organizations focused on homelessness services, food security, workforce development, and climate-safe neighborhoods across its priority geographic regions.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Liberty Mutual Foundation Inc fund?

The foundation's mission is to invest the expertise, leadership, and financial strength of Liberty Mutual Insurance and its employees to improve the lives of vulnerable neighbors. The foundation supports organizations involved with: • Arts and culture • Education • Health • Human services • Community development • Civic affairs Special emphasis is directed toward: • Programs providing accessibility for individuals of all abilities • Security for men, women, and children experiencing homelessness

How do I apply for a grant from Liberty Mutual Foundation Inc?

**Grant Activity:** • Since its founding in 2003, the foundation has awarded more than $400 million in grants to nonprofit partners • 706 grants documented in recent filings • Median grant size: $35,000 • Grant range: $2,500 to $11,031,237 **Recent Notable Grants (2024):** • American Online Giving Foundation: $11,031,237 • St Mary's Center for Women and Children: $1,000,000 • Groundwork USA: $500,000 **Application Process:** The foundation invites applications through Requests for Proposals (RF…

Where does Liberty Mutual Foundation Inc make grants?

The foundation primarily funds organizations in: • Massachusetts (with special focus on Greater Boston area) • Washington State • Texas Grant opportunities are available only to nonprofits that run programming in select areas of Greater Boston and Washington State counties.

What size grants does Liberty Mutual Foundation Inc award?

In 2024, Liberty Mutual Foundation Inc awarded 706 grants totaling $50.6M — an average of about $72K per grant, based on its IRS Form 990 filings.

How much is Liberty Mutual Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Liberty Mutual Foundation Inc reported a distributable amount of $2.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Liberty Mutual Foundation Inc's EIN?

Liberty Mutual Foundation Inc's EIN (Employer Identification Number) is 14-1893520. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Liberty Mutual Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Liberty Mutual Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Liberty Mutual Foundation Inc to a real strategy.

Plan your approach