Mabel a Horne Fund

DALLAS, TX EIN: 04-6089241

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

+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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Massachusetts $1.6M (97%)

Pennsylvania $22K (1%)

District of Columbia $20K (1%)

States

District of Columbia Massachusetts Pennsylvania

Cities

ActonBethlehemBostonBraintreeBrocktonBuzzards BayCambridgeConcordCongress St Th FlDedhamDorchesterDuxburyEast BostonEast BridgewaterEasthamptonFall RiverFraminghamFranklinGreenfieldHolyoke

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)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Foundation

Mabel A. Horne Fund Grant

MABEL A HORNE FUND

Amount

Varies

Deadline

Rolling / Open

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.