Putnam Investments Foundation

BOSTON, MA EIN: 04-3175266

Putnam Investments Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 12 grants totaling $55K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$55K

-60.8% YoY

Grant Count

+9.1% YoY

Avg Grant Size

$5K

-64.0% YoY

Under IRS private-foundation payout rules, Putnam Investments Foundation reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

About Putnam Investments Foundation

Based on IRS filings

Putnam Investments Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 12 grants totaling $55K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $279K (95%)

New York $15K (5%)

States

Massachusetts New York

Cities

BosstonBostonNew YorkPembrokeSalem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$57,787	$131,607
Revenue	$2,298	$75,250	$186,101
Expenses	$60,085	$149,070	$100,035
Qualifying Distributions	$60,085	$149,070	$100,035
Net Investment Income	—	—	—
Distributable Amount	$1,722	$4,341	$10,155

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 2023

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Council for Economic Education ($15,000), Museum of Fine Arts ($6,000), Isabella Stewart Gardner Museum ($5,000).

Recipient	Purpose	Amount
MUSEUM OF SCIENCE BOSTON, MA	SUPPORT CHARITABLE MISSION	$2,500
ISABELLA STEWART GARDNER MUSEUM BOSTON, MA	SUPPORT CHARITABLE MISSION	$5,000
MUSEUM OF FINE ARTS BOSTON, MA	SUPPORT CHARITABLE MISSION	$6,000
PEABODY ESSEX MUSEUM SALEM, MA	SUPPORT CHARITABLE MISSION	$2,500
ZOO NEW ENGLAND BOSTON, MA	SUPPORT CHARITABLE MISSION	$3,000
INSTITUTE OF CONTEMPORARY ART BOSTON, MA	SUPPORT CHARITABLE MISSION	$5,000
BOSTON CHILDREN'S MUSEUM BOSTON, MA	SUPPORT CHARITABLE MISSION	$5,000
BOSTON BALLET BOSSTON, MA	SUPPORT CHARITABLE MISSION	$2,500
BOCH CENTER BOSTON, MA	SUPPORT CHARITABLE MISSION	$5,000
NEW ENGLAND AQUARIUM BOSTON, MA	SUPPORT CHARITABLE MISSION	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
JONATHAN M GOLDSTEIN	TRUSTEE	0.01	—
DAVID J TEEVEN	TRUSTEE	0.01	—
ROBERT D ETTINGER	TRUSTEE	0.01	—

Frequently Asked Questions

Where does Putnam Investments Foundation operate?

Putnam Investments Foundation has awarded grants in Massachusetts, New York.

What size grants does Putnam Investments Foundation award?

In 2023, Putnam Investments Foundation awarded 12 grants totaling $55K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Putnam Investments Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Putnam Investments Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.