Mentor Charitable Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $419K in total assets. In 2025, it awarded 13 grants totaling $91K. Net investment income was $66K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$419K
-6.0% YoY
Annual Giving
$91K
+123.0% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$7K
+105.9% YoY
Under IRS private-foundation payout rules, Mentor Charitable Fund Inc reported a distributable amount of $35K for 2025 — the minimum it must pay out in qualifying distributions.
About Mentor Charitable Fund Inc
Based on IRS filings
Mentor Charitable Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $419K in total assets. In 2025, it awarded 13 grants totaling $91K. Net investment income was $66K.
Focus Areas
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $418,797 | $445,359 | $444,853 |
| Revenue | $66,767 | $39,551 | $70,790 |
| Expenses | $93,329 | $44,692 | $43,373 |
| Qualifying Distributions | $92,139 | $43,259 | $41,710 |
| Net Investment Income | $65,821 | $38,994 | $69,495 |
| Distributable Amount | $34,911 | $33,615 | $31,668 |
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
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include The Bike Connector Inc ($7,000), Equine Therapy ($7,000), For Kids Only Afterschool ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE BIKE CONNECTOR INC LOWELL, MA | CHARITABLE | $7,000 |
| EQUINE THERAPY TEWKSBURY, MA | CHARITABLE | $7,000 |
| FOR KIDS ONLY AFTERSCHOOL WINTHROP, MA | CHARITABLE | $7,000 |
| HANDS ON NATURE BERLIN, MA | CHARITABLE | $7,000 |
| WE CAN HYANNIS, MA | CHARITABLE | $7,000 |
| HEART AND SOIL LANESBOROUGH, MA | CHARITABLE | $7,000 |
| PETTENGILL HOUSE SALISBURY, MA | CHARITABLE | $7,000 |
| MIRA COALITION BOSTON, MA | UNRESTRICTED | $7,000 |
| YOUTH DEVELOPMENT ORG BOSTON, MA | UNRESTRICTED | $7,000 |
| RESCUE CHARLIE'S FRIENDS WOOLWICH, ME | UNRESTRICTED | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANA B MALCOLM | TRUSTEE | 0.25 | — |
| JESSICA C WELCH | PRESIDENT | 0.25 | — |
| JONATHAN M BENTLEY | TREASURER | 0.25 | — |
| MARK R PERRY | SECRETARY | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mentor Charitable Fund Inc?
Mentor Charitable Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $419K in total assets as of 2025.
How large is Mentor Charitable Fund Inc?
As of 2025, Mentor Charitable Fund Inc holds $419K in total assets with $67K in annual revenue. It awarded 13 grants totaling $91K in 2025.
Where does Mentor Charitable Fund Inc operate?
Mentor Charitable Fund Inc has awarded grants in California, Massachusetts, Maine.
What size grants does Mentor Charitable Fund Inc award?
In 2025, Mentor Charitable Fund Inc awarded 13 grants totaling $91K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Mentor Charitable Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mentor Charitable Fund Inc reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mentor Charitable Fund Inc's EIN?
Mentor Charitable Fund Inc's EIN (Employer Identification Number) is 04-3502631. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Mentor Charitable Fund Inc'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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