Lombard Family Foundation

Foundation · Grantmaker Needham, MA EIN: 04-3031796

Lombard Family Foundation is a private foundation, based in Needham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.5M in total assets. In 2024, it awarded 7 grants totaling $485K. Net investment income was $220K.

Key facts about Lombard Family Foundation

EIN: 04-3031796
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $485,000
Grants made (2024): 7
Average grant: $69,286
Median grant: $25,000
Total assets: $9,476,230
Primary geography: Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Lombard Family Foundation funds

By grant dollars, the top recipient states for Lombard Family Foundation's 7 itemized 2024 grants were Massachusetts (100%). The most frequent recipient cities were Boston, MA (5 grants) and Needham, MA (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Lombard Family Foundation gives

Giving grew 51% from 2021 to 2024. Method
In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Lombard Family Foundation

How to evaluate Lombard Family Foundation as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.5M

-1.1% YoY

Annual Giving

$485K

-11.0% YoY

Grant Count

-12.5% YoY

Avg Grant Size

$69K

+1.7% YoY

Under IRS private-foundation payout rules, Lombard Family Foundation reported a distributable amount of $531K for 2024 — the minimum it must pay out in qualifying distributions.

About Lombard Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $485K (100%)

Share of all 7 itemized 2024 grant dollars.

States

Massachusetts

Cities

BostonNeedhamSouth BostonChestnut Hill

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,476,230	$9,586,313	$9,422,411
Revenue	$442,504	$472,557	$191,253
Expenses	$566,607	$619,236	$645,204
Qualifying Distributions	$504,586	$572,301	$605,537
Net Investment Income	$219,695	$179,481	$315,400
Distributable Amount	$531,079	$534,349	$545,413

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Big Brother Big Sister of Eastern MA ($225,000), Beth Israel Deaconess Hospital - Needham ($125,000), Catholic Charities Laboure Center ($85,000).

Recipient	Purpose	Amount
BIG BROTHER BIG SISTER OF EASTERN MA Boston, MA	GENERAL CONTRIBUTION	$225,000
BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM Needham, MA	GENERAL CONTRIBUTION	$125,000
CATHOLIC CHARITIES LABOURE CENTER Boston, MA	GENERAL CONTRIBUTION	$85,000
JOHN F KENNEDY LIBRARY FOUNDATION Boston, MA	GENERAL CONTRIBUTION	$25,000
CATHOLIC CHARITIES BOSTON Boston, MA	GENERAL CONTRIBUTION	$10,000
ROSIES PLACE Boston, MA	GENERAL CONTRIBUTION	$10,000
PAN MASS CHALLENGE Needham, MA	GENERAL CONTRIBUTION	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Kathleen Lombard	Trustee	—	—
Michael J Lombard	Trustee	8	$27,000
R Robert Popeo	Trustee	—	—

Frequently Asked Questions

How large is Lombard Family Foundation?

As of 2024, Lombard Family Foundation holds $9.5M in total assets with $443K in annual revenue. It awarded 7 grants totaling $485K in 2024.

Where does Lombard Family Foundation operate?

Lombard Family Foundation has awarded grants in Massachusetts.

What size grants does Lombard Family Foundation award?

In 2024, Lombard Family Foundation awarded 7 grants totaling $485K — an average of about $69K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lombard Family Foundation reported a distributable amount of $531K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.