The Linde Family Foundation is a private foundation based in Boston, Massachusetts, established in 2000 as the philanthropic legacy of Edward H. Linde. The foundation was built upon the fortune Linde accumulated through his co-founding of Boston Properties with Morton Zuckerman in 1970. Linde was responsible for developing iconic Boston landmarks including the Prudential Center, One Boston Place, and 28 State Street. He also partnered in redeveloping the East Cambridge area, which became a technology hub for Harvard and MIT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$214.9M
+34.7% YoY
Annual Giving
$16.8M
+82.6% YoY
Grant Count
115
+17.3% YoY
Avg Grant Size
$146K
+55.6% YoY
Mission & Focus Areas
The foundation does not maintain a public website or publish formal grantmaking guidelines. However, based on recent tax records and grant activity, the foundation's primary funding priorities include:
- Arts and Culture
- Education (K-12 and higher education)
- Children and Youth Services
- Health and Well-Being
- Human Services
- Community Development
Additional focus areas identified in grant activity include diversity and inclusion, mental health, homelessness, and hunger and food insecurity.
Grantmaking
The Linde Family Foundation does not operate formal grant programs with defined parameters. Instead, grantmaking decisions are made with assistance from Mott Philanthropic, LLC, the foundation's administrator.
Grant Range
** $1,000 to $2,830,048
Average Grant
Amount:** Approximately $94,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated almost entirely within Massachusetts, with preferential treatment given to the Boston metropolitan area.
Grant Distribution by City (2023):
- Boston, MA: 48 grants
- Roxbury, MA: 5 grants
- Cambridge, MA: 4 grants
- Dorchester, MA: 4 grants
- Chicago, IL: 3 grants
- Washington, DC: 2 grants
- Jamaica Plain, MA: 2 grants
- Lexington, MA: 2 grants
- Lowell, MA: 2 grants
- Palo Alto, CA: 1 grant
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $214,851,922
- Total Revenues: $71,880,004
- Total Expenses: $19,130,097
- Total Giving: $16,782,495
As of 2023:
- Total Assets: $159,505,160
- Annual Charitable Disbursements: Approximately $10,000,000
Tax-Exempt Status: 501(c)(3) organization; tax-exempt since February 2001
EIN: 04-6904949
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $214,851,922 | $159,505,160 | $144,643,061 |
| Revenue | $71,880,004 | $5,016,056 | $6,113,448 |
| Expenses | $19,130,097 | $10,964,299 | $9,097,638 |
| Qualifying Distributions | $17,550,089 | $9,960,222 | $7,991,930 |
| Net Investment Income | $20,586,996 | $4,063,979 | $5,172,740 |
| Distributable Amount | $9,861,109 | $7,406,467 | $7,742,696 |
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
201 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Mark Balk – Trustee (as of November 2023)
Foundation Administrator: Mott Philanthropic, LLC
- Phone: (617) 927-5700
- Email: info@mottphilanthropic.com
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOYCE LINDE | TRUSTEE | 0.25 | — |
| DOUGLAS T LINDE | TRUSTEE | 0.25 | — |
| CAROL CROFT LINDE | TRUSTEE | 0.25 | — |
| KAREN LINDE PACKMAN | TRUSTEE | 0.25 | — |
| JEFFREY N PACKMAN | TRUSTEE | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The foundation has maintained active grantmaking through 2024. Recent significant grants include major commitments to healthcare institutions and arts organizations. A notable transition occurred in March 2024 with the passing of Joyce Linde, who had managed the foundation's grantmaking since Edward Linde's death in 2010. The future direction of the foundation following this leadership change remains unclear.
The foundation continues to support educational institutions, with recent grants to higher education institutions and K-12 educational programs. Healthcare and medical research remain priority areas, as evidenced by substantial grants to Dana-Farber Cancer Institute and Beth Israel Deaconess Medical Center in 2024.
Dana-Farber Cancer Institute receives $10 million gift from the Linde ...Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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