Lombard Family Foundation
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.
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
7
-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
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
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 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 |
|---|---|---|
| BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM NEEDHAM, MA | GENERAL CONTRIBUTION | $125,000 |
| BIG BROTHER BIG SISTER OF EASTERN MA BOSTON, MA | GENERAL CONTRIBUTION | $225,000 |
| CATHOLIC CHARITIES BOSTON BOSTON, MA | GENERAL CONTRIBUTION | $10,000 |
| CATHOLIC CHARITIES LABOURE CENTER BOSTON, MA | GENERAL CONTRIBUTION | $85,000 |
| JOHN F KENNEDY LIBRARY FOUNDATION BOSTON, MA | GENERAL CONTRIBUTION | $25,000 |
| PAN MASS CHALLENGE NEEDHAM, MA | GENERAL CONTRIBUTION | $5,000 |
| ROSIES PLACE BOSTON, MA | GENERAL CONTRIBUTION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
What is Lombard Family Foundation's EIN?
Lombard Family Foundation's EIN (Employer Identification Number) is 04-3031796. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lombard Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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