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Pannell Family Foundation

Private foundation · Grantmaker Boston, MA EIN: 45-6671361 Website

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.

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

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

7states

Share of 2025 grant dollars across all 19 itemized grants.

Cities

BostonLynnRocklandWoods HoleNorthamptonWatertownDearbornLos AngelesLowellBaltimoreCambridgeDana PointFoxboroughMedfordPortlandSan DiegoSouth YarmouthSt. LouisWarwickWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M17 grants2020 16 grants2021 16 grants2022 18 grants2023 21 grants2024 19 grants2025

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

Boys And Girls Clubs of Boston: $100KBoys And Girls Clubs of Boston$100KNew Profit Inc: $100KNew Profit Inc$100KBoston Medical Center Corporation: $50KBoston Medical CenterCorporation$50KCombined Jewish Philanthropies of Greater Boston I: $50KCombined Jewish Philanthropiesof Greater Boston I$50KWGBH Educational Foundation: $50KWGBH Educational Foundation$50KThrive Scholars: $50KThrive Scholars$50KMarine Biological Laboratory: $25KMarine Biological Laboratory$25KAssociation for Autism and Neurodiversity Inc: $25KAssociation for Autism andNeurodiversity Inc$25KRaw Art Works Inc: $25KRaw Art Works Inc$25KSamaritans Inc: $25KSamaritans Inc$25K

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

64<$50K12$50–100K12$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 64 grants of 90 (71%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boys And Girls Clubs of Boston Boston, MATo support the mission of the organization$100,000
New Profit Inc Boston, MATo support the mission of the organization$100,000
Boston Medical Center Corporation Boston, MATo support the mission of the organization$50,000
Combined Jewish Philanthropies of Greater Boston I Boston, MATo support the mission of the organization$50,000
WGBH Educational Foundation Boston, MATo support the mission of the organization$50,000
Thrive Scholars Los Angeles, CATo support the mission of the organization$50,000
Marine Biological Laboratory Woods Hole, MATo support the mission of the organization$25,000
Association for Autism and Neurodiversity Inc Watertown, MATo support the mission of the organization$25,000
Raw Art Works Inc Lynn, MATo support the mission of the organization$25,000
Samaritans Inc Boston, MATo 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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 8, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  7. 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

Brendan Morrison — Trustee: $108KBrendan MorrisonTrustee$108K

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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