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
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
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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