Neal Rantoul Foundation
Neal Rantoul Foundation is a private foundation based in Dallas, Texas. Its 2025 filing reports 12 grants totaling $121,000, all to organizations in Massachusetts.
Neal Rantoul Foundation at a glance
In short: Neal Rantoul Foundation gave $121K across 12 grants in 2025 (avg $10K), mostly in Massachusetts. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $121,000
- +44.0% vs 2024
- Grants made (2025)
- 12
- +33.3% vs 2024
- Average grant
- $10,083
- +8.0% vs 2024
- Median grant
- $10,000
- Total assets
- $1,012,215
- -2.7% vs 2024
- New grantees (estimate)
- 33% first-time grantees (4 of 12, 2025; small sample)
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Neal Rantoul Foundation
- How to Apply
-
The filing lists Bank of America Co Emma Greene as the contact and says to see the attached materials for the form, requirements, and award restrictions.
- Contact
Application contact: Bank Of America Co Emma Greene
Mailing address: 100 Federal Street, Boston, MA 02110
Phone: (617) 434-0329
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Neal Rantoul Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Boys & Girls Club of Lynn ($15K). Together the top 10 received $110K.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 61 grants of 61 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars itemized for 2025 went to recipients in Massachusetts, including organizations in Lynn, Salem, Beverly, Boston, and Newtonville.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
Cities
Is Neal Rantoul Foundation open to new grantees?
33%
first-time grantees, 2025
In 2025, 4 of 12 grantees (33%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $11K; repeat grants $10K. How we count
Medians: $10K first-time, $10K repeat.
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 27% from 2022 to 2025. Method
- In 2025 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $77K (2023) to $121K (2025). In 2025 it made 12 grants totaling $121K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Club of Lynn Lynn, MA | Unrestricted General | $15,000 |
| Girls Inc of Boston & Lynn Lynn, MA | Unrestricted General | $15,000 |
| Leap for Education Inc Salem, MA | Unrestricted General | $15,000 |
| CCCBSD - Beverly School for the Deaf Beverly, MA | Unrestricted General | $10,000 |
| Salem YMCA Salem, MA | Unrestricted General | $10,000 |
| Boston Ballet Boston, MA | Unrestricted General | $10,000 |
| Beverly Bootstraps Beverly, MA | Unrestricted General | $10,000 |
| Raw Art Works Lynn, MA | Unrestricted General | $10,000 |
| New Art Center Newtonville, MA | Unrestricted General | $8,000 |
| Chameleon Arts Ensemble of Boston Boston, MA | Unrestricted General | $7,000 |
Ready to take the next step with Neal Rantoul Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,012,215 | $141,542 | $169,017 | $121,000 | 12 | $143,349 | $117,262 | $120,969 |
| 2024 | $1,039,773 | $111,226 | $129,313 | $84,000 | 9 | $105,201 | $88,277 | $115,046 |
| 2023 | $1,057,962 | $89,113 | $115,724 | $76,500 | 11 | $95,398 | $68,624 | $102,219 |
| 2022 | $1,084,743 | $66,724 | $136,564 | $95,000 | 13 | $114,523 | $45,802 | $104,275 |
| 2021 | $1,155,247 | $117,726 | $141,053 | $96,000 | 16 | $116,705 | $95,175 | $114,521 |
| 2020 | $1,178,773 | $119,264 | $114,738 | $77,000 | 13 | — | $99,829 | $93,930 |
| 2019 | $1,174,181 | $93,269 | $112,480 | $76,750 | 15 | — | $74,524 | $91,542 |
Under IRS private-foundation payout rules, Neal Rantoul Foundation reported a distributable amount of $121K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing does not state a mission. Its 2025 grants included organizations whose work, as described by the grantees, includes youth development, education and career services, arts, literacy for blind people, and support for people affected by domestic violence. For example, Boys & Girls Club of Lynn says it aims to help young people realize their potential, and LEAP for Education says it provides academic, postsecondary, and career services to underserved students in grades 6–16.
Grantmaking
In 2025, the foundation gave 12 grants totaling $121,000. Grants ranged from $5,000 to $15,000, with a median of $10,000. The largest awards were $15,000 each to Boys & Girls Club of Lynn, Girls Inc of Boston & Lynn, and LEAP for Education. Other grants included $10,000 each to CCCBSD – Beverly School for the Deaf, Salem YMCA, Boston Ballet, Beverly Bootstraps, and RAW Art Works.
The foundation’s filing says it does not restrict giving to preselected organizations. It lists the application form and materials, deadlines, and award restrictions as “see attached.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Bank of America as trustee and Lee T Sprague as co-trustee.
Neal Rantoul Foundation's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2019
1 hr/week
$22K (2019) → $29K (2025)
Lee T. Sprague
Co-Trustee
On filings since 2019
1 hr/week
$7K (2019) → $9K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $29K, to Bank of America (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Neal Rantoul Foundation
How much does Neal Rantoul Foundation give each year?
Neal Rantoul Foundation gave $121K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $84K across 9 grants.
What is Neal Rantoul Foundation's typical grant size?
Neal Rantoul Foundation's median grant in 2025 was $10,000, and its average grant was $10,083, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Neal Rantoul Foundation that year got $11K on average.
Where does Neal Rantoul Foundation give grants?
Neal Rantoul Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lynn, MA (3 grants), Salem, MA (3 grants), Boston, MA (3 grants) and Beverly, MA (2 grants).
Does Neal Rantoul Foundation give general operating support?
Yes: 100% of Neal Rantoul Foundation's 2025 grants with a stated purpose (12 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Neal Rantoul Foundation's largest grantees?
Neal Rantoul Foundation's largest 2025 grantees include Boys & Girls Club of Lynn ($15,000), Girls Inc of Boston & Lynn ($15,000) and Leap for Education Inc ($15,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.
How large is Neal Rantoul Foundation?
Neal Rantoul Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $143K in qualifying distributions that year, against a required minimum of $121K (roughly 5% of its investment assets).
What does Neal Rantoul Foundation fund?
The foundation’s filing does not state a mission. Its 2025 grants included organizations whose work, as described by the grantees, includes youth development, education and career services, arts, literacy for blind people, and support for people affected by domestic violence. See mission & focus areas ↑
How do I apply for a grant from Neal Rantoul Foundation?
The filing lists Bank of America Co Emma Greene as the contact and says to see the attached materials for the form, requirements, and award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Neal Rantoul Foundation's EIN?
Neal Rantoul Foundation's EIN (Employer Identification Number) is 23-7426426. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 4, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Neal Rantoul Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Neal Rantoul Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/neal-rantoul-foundation-morg_678657b30e774f6a9f56ca3e6b1a039e
BibTeX
@misc{grantable_237426426_2026,
author = {{Grantable}},
title = {{Neal Rantoul Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/neal-rantoul-foundation-morg_678657b30e774f6a9f56ca3e6b1a039e},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Neal Rantoul Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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