Pannell Family Foundation
Pannell Family Foundation is a private foundation based in Boston, Massachusetts. In its 2025 filing, it reported 19 grants totaling $571,000, with recipients including Boston-area nonprofits and organizations in California.
Key facts about Pannell Family Foundation
In short: Pannell Family Foundation gave $571K across 19 grants in 2025 (avg $30K), mostly in Massachusetts. 32% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 45-6671361
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $571,000
- Grants made (2025)
- 19
- Average grant
- $30,053
- Median grant
- $25,000
- New grantees (estimate)
- 32% first-time grantees (6 of 19, 2025)
- Total assets
- $17,088,003
- Primary geography
- Massachusetts (88% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$17.1M
+56.1% YoY
Annual Giving
$571K
-42.0% YoY
Grant Count
19
-9.5% YoY
Avg Grant Size
$30K
-35.9% YoY
Under IRS private-foundation payout rules, Pannell Family Foundation reported a distributable amount of $552K for 2025 — the minimum it must pay out in qualifying distributions.
Is Pannell Family Foundation open to new grantees?
32%
first-time grantees, 2025
In 2025, 6 of 19 grantees (32%) were first-time recipients. First grants averaged $9K; repeat grants $40K. How we count
Medians: $6K first-time, $25K repeat.
- 68% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−16%). Method
- In 2025 it paid out 126% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The available sources do not state a mission for the foundation. Its 2025 grants went to organizations working in a range of areas. For example, Thrive Scholars says it helps high-achieving students from under-resourced communities access top colleges and meaningful careers. WGBH Educational Foundation says it provides programs and services that educate, inspire, and entertain. Boston Medical Center Corporation describes its mission as providing excellent, accessible health services regardless of a patient’s status or ability to pay.
Other 2025 recipients include Raw Art Works, which says it supports underserved youth through creativity and confidence-building; Samaritans, which works on suicide prevention and support; and Marine Biological Laboratory, which describes itself as a center for biological research and training.
Grantmaking
In 2025, the foundation made 19 grants totaling $571,000. Awards ranged from $1,000 to $100,000, with a median grant of $25,000. The listed grant purposes state that awards were to support each recipient organization’s mission.
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Geographic Focus
Where this funder awards grants
The 2025 grants were concentrated in Massachusetts: 88% of grant dollars went to recipients there. California received 9%, Michigan 2%, and the District of Columbia 2%. These reported shares total 101%, reflecting rounding.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $355K (2020) to $984K (2024). In 2025 it made 19 grants totaling $571K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Boys And Girls Clubs of Boston ($100K). Together the top 10 received $500K.
Grant Size Distribution
90 grants across all recorded years
The most common grant size was under $50K: 64 grants of 90 (71%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys And Girls Clubs of Boston Boston, MA | To support the mission of the organization | $100,000 |
| New Profit Inc Boston, MA | To support the mission of the organization | $100,000 |
| Boston Medical Center Corporation Boston, MA | To support the mission of the organization | $50,000 |
| Combined Jewish Philanthropies of Greater Boston I Boston, MA | To support the mission of the organization | $50,000 |
| WGBH Educational Foundation Boston, MA | To support the mission of the organization | $50,000 |
| Thrive Scholars Los Angeles, CA | To support the mission of the organization | $50,000 |
| Marine Biological Laboratory Woods Hole, MA | To support the mission of the organization | $25,000 |
| Association for Autism and Neurodiversity Inc Watertown, MA | To support the mission of the organization | $25,000 |
| Raw Art Works Inc Lynn, MA | To support the mission of the organization | $25,000 |
| Samaritans Inc Boston, MA | To support the mission of the organization | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $17,088,003 | $10,597,368 | $859,903 | $571,000 | 19 |
| 2024 | $10,946,707 | $1,028,387 | $1,182,619 | $984,250 | 21 |
| 2023 | $10,831,628 | $1,600,914 | $781,428 | $749,000 | 18 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $17,088,003 | $10,946,707 | $10,831,628 |
| Revenue | $10,597,368 | $1,028,387 | $1,600,914 |
| Expenses | $859,903 | $1,182,619 | $781,428 |
| Qualifying Distributions | $694,481 | $1,104,724 | $749,250 |
| Net Investment Income | $4,816,601 | $665,656 | $740,379 |
| Distributable Amount | $551,561 | $534,795 | $499,513 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists the following trustees: Sally W. Currier, Benjamin I. Pannell, Madeleine J. Pannell, Wesley Karger, and Brendan Morrison.
Pannell Family Foundation's 2025 filing lists 5 officers; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
Brendan Morrison
Trustee
On filings since 2022
10 hrs/week
$108K (2024) → $108K (2025)
Benjamin I. Pannell
Trustee
On filings since 2020
1 hr/week
No compensation reported
Madeleine J. Pannell
Trustee
On filings since 2020
1 hr/week
No compensation reported
Sally W. Currier
Trustee
On filings since 2020
1 hr/week
No compensation reported
Wesley Karger
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 $108K, to Brendan Morrison (Trustee).
Contact
Mailing address: C/O Twinfocus 75 Park Plaza, Boston, MA 02116
Phone: (617) 720-4500
Website: https://static.waltonfamilyfoundation.org
Frequently asked questions about Pannell Family Foundation
How much does Pannell Family Foundation give each year?
Pannell Family Foundation gave $571K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $984K across 21 grants.
What is Pannell Family Foundation's typical grant size?
Pannell Family Foundation's median grant in 2025 was $25,000, and its average grant was $30,053, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Pannell Family Foundation that year got $9K on average.
Where does Pannell Family Foundation give grants?
Pannell Family Foundation gives mostly in Massachusetts: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (9%). The most frequent recipient cities were Boston, MA (10 grants) and Lynn, MA (2 grants).
Does Pannell Family Foundation give general operating support?
Not in 2025: none of the 19 grants with a stated purpose on Pannell Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To support the mission of the organization" (19 grants).
Who are Pannell Family Foundation's largest grantees?
Pannell Family Foundation's largest 2025 grantees include Boys And Girls Clubs of Boston ($100,000), New Profit Inc ($100,000) and Boston Medical Center Corporation ($50,000), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.
How large is Pannell Family Foundation?
Pannell Family Foundation reported $17.1M in total assets on its 2025 IRS Form 990-PF. It paid out $694K in qualifying distributions that year, against a required minimum of $552K (roughly 5% of its investment assets).
What does Pannell Family Foundation fund?
The available sources do not state a mission for the foundation. Its 2025 grants went to organizations working in a range of areas. For example, Thrive Scholars says it helps high-achieving students from under-resourced communities access top colleges and meaningful careers. See mission & focus areas ↑
How do I apply for a grant from Pannell Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Pannell Family Foundation's EIN?
Pannell Family Foundation's EIN (Employer Identification Number) is 45-6671361. IRS Form 990 filing data is available on this page for 2020–2025.
Does Pannell Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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