Lovett-Woodsum Foundation Inc
The Lovett-Woodsum Foundation Inc is a private family foundation established in 1986 and based in Boston, Massachusetts. The foundation supports nonprofit organizations serving underserved populations and disadvantaged communities across multiple issue areas and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$87.6M
+7.3% YoY
Annual Giving
$1.9M
+56.4% YoY
Grant Count
85
+3.7% YoY
Avg Grant Size
$23K
+50.9% YoY
Under IRS private-foundation payout rules, Lovett-Woodsum Foundation Inc reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses on organizations and projects that primarily benefit underserved populations and disadvantaged communities. Specifically, the foundation funds projects and organizations designed to:
- Strengthen the education, independence, and capabilities of adults, children, and families
- Increase economic, social justice, and power within low-income communities
- Promote conservation and sustain the environment
Primary funding areas include education, social justice, arts and culture, animal welfare, health, human services, and the environment.
The foundation is committed to supporting organizations that do not discriminate based on race, color, religion, gender, marital status, beliefs, age, national origin, sexual orientation, or physical and mental disability.
Grantmaking
The foundation does not maintain a public website or provide easily accessible grant application procedures for uninvited groups.
Grant Range
s:** Typical awards range from $125,000 to $400,000.
Review Cycle
. Interested organizations should contact the foundation directly.
How to Apply
** The foundation does not accept unsolicited applications. Solicited applications are accepted through a continuous grant cycle. Interested organizations should contact the foundation directly.
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Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking on organizations and projects principally located in:
- Boston, Massachusetts
- New Hampshire Lakes Region
- South Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $87,599,707
Total Annual Giving: $1,927,710 (2024)
EIN: 04-2944183
IRS Filing Status: Required to file Form 990-PF; most recent filings available for 2024, 2023, and 2022
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $87,599,707 | $81,647,422 | $82,773,529 |
| Revenue | $8,166,879 | $353,264 | $19,597,124 |
| Expenses | $2,219,111 | $1,487,381 | $1,134,704 |
| Qualifying Distributions | $1,927,710 | $1,232,736 | $695,321 |
| Net Investment Income | $7,885,147 | $1,598,392 | $1,519,395 |
| Distributable Amount | $4,537,617 | $4,005,935 | $3,904,801 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City Year ($400,000), Boston Children's Museum ($100,000), Museum Of Fine Arts ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| American Museum Of Fly Fishing Manchester Center, VT | Unrestricted | $2,500 |
| Beacon Hill Nursery School Boston, MA | Unrestricted | $5,000 |
| Blackfoot Challenge Ovando, MT | Unrestricted | $3,000 |
| Boston Children's Chorus Boston, MA | Unrestricted | $5,000 |
| Boston Children's Museum Boston, MA | Unrestricted | $100,000 |
| Boston Symphony Orchestra Boston, MA | Unrestricted | $30,000 |
| City Year Boston, MA | Unrestricted | $400,000 |
| College For Social Innovation Boston, MA | Unrestricted | $20,000 |
| Currier Museum Of Art Manchester, NH | Unrestricted | $10,000 |
| Dwight Hall At Yale University New Haven, CT | Unrestricted | $13,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Anne B. Lovett - President of the foundation; holds a Bachelor of Arts degree from Yale University
Stephen G. Woodsum - Founding managing director in the Boston office of Summit Partners, a global growth equity firm
The foundation does not employ any paid staff and uses Merrill Lynch for investment management purposes.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anne R Lovett | President | — | — |
| Stephen G Woodsum | Treasurer | — | — |
| David H Hopfenberg | Clerk | — | — |
Frequently Asked Questions
What does Lovett-Woodsum Foundation Inc fund?
The foundation focuses on organizations and projects that primarily benefit underserved populations and disadvantaged communities. Specifically, the foundation funds projects and organizations designed to: • Strengthen the education, independence, and capabilities of adults, children, and families • Increase economic, social justice, and power within low-income communities • Promote conservation and sustain the environment Primary funding areas include education, social justice, arts and cultur…
How do I apply for a grant from Lovett-Woodsum Foundation Inc?
**Grant Sizes:** Typical awards range from $125,000 to $400,000. **Total Annual Giving:** $1,927,710 (based on most recent IRS 990 filing for 2024) **Application Process:** The foundation does not accept unsolicited applications. Solicited applications are accepted through a continuous grant cycle. Interested organizations should contact the foundation directly. **Contact Information:** • Email: ksimpson@l-wf.org • Phone: 617-247-2515 • Address: 21 Commonwealth Ave, Boston, MA 02116 The foundat…
Where does Lovett-Woodsum Foundation Inc make grants?
The foundation concentrates its grantmaking on organizations and projects principally located in: • Boston, Massachusetts • New Hampshire Lakes Region • South Florida
What size grants does Lovett-Woodsum Foundation Inc award?
In 2024, Lovett-Woodsum Foundation Inc awarded 85 grants totaling $1.9M — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Lovett-Woodsum Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lovett-Woodsum Foundation Inc reported a distributable amount of $4.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lovett-Woodsum Foundation Inc's EIN?
Lovett-Woodsum Foundation Inc's EIN (Employer Identification Number) is 04-2944183. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lovett-Woodsum Foundation Inc'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.
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