Mabel a Horne Fund
The Mabel A. Horne Fund is a private foundation established in 1957 in Massachusetts. Based in Dallas, Texas, the fund is managed by Bank of America's philanthropic services. It operates as a non-exempt charitable trust designated under IRS code 4947(a)(1) and has been tax-exempt since December 1970.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.2M
+3.2% YoY
Annual Giving
$340K
+9.7% YoY
Grant Count
30
+25.0% YoY
Avg Grant Size
$11K
-12.3% YoY
Under IRS private-foundation payout rules, Mabel a Horne Fund reported a distributable amount of $430K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The fund's mission is to support and promote quality educational, human services, and health care programming for underserved populations.
Primary funding areas include:
- Education
- Health care
- Human services
- Philanthropy, voluntarism, and grantmaking
Grantmaking
Social services support has been provided to organizations including Cambridge Community Center, Family Nurturing Center of Massachusetts, and New England Center for Homeless Veterans.
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Geographic Focus
Where this funder awards grants
The fund primarily supports organizations in Massachusetts, with particular emphasis on the Boston metropolitan area and nearby communities. Some grantmaking also extends to Pennsylvania.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2025:
- Total assets: $7,201,758
- Total revenue: $662,151
- Total expenses: $479,148
- Net income: $183,003
- Total liabilities: $0
Revenue Sources (FY 2025):
- Dividends: $199,160
- Sales of assets: $462,991
- Contributions received: $0
- Interest revenue: $0
Expenses (FY 2025):
- Charitable disbursements: $399,592 (83.4% of expenses)
- Compensation of officers: $90,465 (18.9% of expenses)
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,201,758 | $6,979,904 | $6,951,783 |
| Revenue | $662,151 | $233,170 | $-83,761 |
| Expenses | $479,148 | $427,480 | $452,479 |
| Qualifying Distributions | $399,592 | $365,178 | $380,818 |
| Net Investment Income | $589,884 | $168,539 | $99,883 |
| Distributable Amount | $429,651 | $391,056 | $359,929 |
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 2025
Grant Size Distribution
137 grants across all recorded years
Open Grants
1 open opportunity from Mabel a Horne Fund
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Rainbow Child Development Center Inc ($15,000), Mujeres Unidas Avanzando ($15,000), More Than Words Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED WAY OF CENTRAL MASSACHUSETTS WORCESTER, MA | UNRESTRICTED GENERAL | $10,000 |
| ECONOMIC MOBILITY PATHWAYS BOSTON, MA | UNRESTRICTED GENERAL | $10,000 |
| THE HOME FOR LITTLE WANDERERS INC BOSTON, MA | UNRESTRICTED GENERAL | $10,000 |
| COMMUNITY UNITED WAY OF PIONEER VALLEY SPRINGFIELD, MA | UNRESTRICTED GENERAL | $10,000 |
| CRISPUS ATTUCKS CHILDREN'S CENTER DORCHESTER, MA | UNRESTRICTED GENERAL | $10,000 |
| RAINBOW CHILD DEVELOPMENT CENTER INC WORCESTER, MA | UNRESTRICTED GENERAL | $15,000 |
| FRIENDS OF BOURNE COUNCIL ON AGING BUZZARDS BAY, MA | UNRESTRICTED GENERAL | $3,000 |
| MUJERES UNIDAS AVANZANDO DORCHESTER, MA | UNRESTRICTED GENERAL | $15,000 |
| MORE THAN WORDS INC WALTHAM, MA | UNRESTRICTED GENERAL | $15,000 |
| CARITAS COMMUNITIES BRAINTREE, MA | UNRESTRICTED GENERAL | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $90,465 |
Contact Information
- Address: PO Box 653067, Dallas, TX 75265-3067
- Phone: 888-866-3275
- Website: www.bankofamerica.com/philanthropic/foundation
- EIN: 04-6089241
Frequently Asked Questions
What does Mabel a Horne Fund fund?
The fund's mission is to support and promote quality educational, human services, and health care programming for underserved populations. Primary funding areas include: • Education • Health care • Human services • Philanthropy, voluntarism, and grantmaking
How do I apply for a grant from Mabel a Horne Fund?
**Grant Characteristics:** • Typical award range: $3,000–$15,000 • Supports both general operating and program support • Straightforward grant process **Recent Activity:** • Total giving in fiscal year 2025: $340,000 • Charitable disbursements (FY 2025): $399,592 • The fund maintains at least one active grant opportunity **Notable Past Grantees:** Social services support has been provided to organizations including Cambridge Community Center, Family Nurturing Center of Massachusetts, and New En…
Where does Mabel a Horne Fund make grants?
The fund primarily supports organizations in Massachusetts, with particular emphasis on the Boston metropolitan area and nearby communities. Some grantmaking also extends to Pennsylvania.
What size grants does Mabel a Horne Fund award?
In 2025, Mabel a Horne Fund awarded 30 grants totaling $340K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Mabel a Horne Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mabel a Horne Fund reported a distributable amount of $430K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mabel a Horne Fund's EIN?
Mabel a Horne Fund's EIN (Employer Identification Number) is 04-6089241. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Mabel a Horne Fund'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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