Putnam Investments Foundation

Foundation · Grantmaker 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.

Key facts about Putnam Investments Foundation

EIN
04-3175266
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$54,550
Grants made (2023)
12
Average grant
$4,546
Median grant
$4,000
Primary geography
Massachusetts (73% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Putnam Investments Foundation funds

By grant dollars, the top recipient states for Putnam Investments Foundation's 12 itemized 2023 grants were Massachusetts (73%) and New York (27%). The most frequent recipient cities were Boston, MA (8 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Charitable Mission" (12 grants).

How Putnam Investments Foundation gives

  • 83% of 2023 grantees were also funded in 2022. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Putnam Investments Foundation

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$55K

-60.8% YoY

Grant Count

12

+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.

Your AI grants department

Ready to take the next step with Putnam Investments Foundation?

Assess fit for your org Draft an LOI Find open RFPs
Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 12 itemized 2023 grant dollars.

States

MassachusettsNew York

Cities

BostonSalemBosstonNew YorkPembroke

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$102K$154K$205K2020202120222023
Metric202320222021
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

$0$35K$70K$104K$139K0 grants20201 grants202111 grants202212 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Council for Economic Education: $15KCouncil for Economic Education$15KMuseum of Fine Arts: $6KMuseum of Fine Arts$6KIsabella Stewart Gardner Museum: $5KIsabella Stewart GardnerMuseum$5KInstitute of Contemporary Art: $5KInstitute of Contemporary Art$5KBoston Children's Museum: $5KBoston Children's Museum$5KBoch Center: $5KBoch Center$5KZoo New England: $3KZoo New England$3KMuseum of Science: $3KMuseum of Science$3KPeabody Essex Museum: $3KPeabody Essex Museum$3KBoston Ballet: $3KBoston Ballet$3K

Grant Size Distribution

24 grants across all recorded years

22<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

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

RecipientPurposeAmount
COUNCIL FOR ECONOMIC EDUCATION New York, NYSUPPORT CHARITABLE MISSION$15,000
MUSEUM OF FINE ARTS Boston, MASUPPORT CHARITABLE MISSION$6,000
ISABELLA STEWART GARDNER MUSEUM Boston, MASUPPORT CHARITABLE MISSION$5,000
INSTITUTE OF CONTEMPORARY ART Boston, MASUPPORT CHARITABLE MISSION$5,000
BOSTON CHILDREN'S MUSEUM Boston, MASUPPORT CHARITABLE MISSION$5,000
BOCH CENTER Boston, MASUPPORT CHARITABLE MISSION$5,000
ZOO NEW ENGLAND Boston, MASUPPORT CHARITABLE MISSION$3,000
MUSEUM OF SCIENCE Boston, MASUPPORT CHARITABLE MISSION$2,500
PEABODY ESSEX MUSEUM Salem, MASUPPORT CHARITABLE MISSION$2,500
BOSTON BALLET Bosston, MASUPPORT CHARITABLE MISSION$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2023 IRS filing

NameTitleHoursCompensation
Jonathan M GoldsteinTrustee0.01—
David J TeevenTrustee0.01—
Robert D EttingerTrustee0.01—

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.

What is Putnam Investments Foundation's EIN?

Putnam Investments Foundation's EIN (Employer Identification Number) is 04-3175266. IRS Form 990 filing data is available on this page for 2020–2023.

Explore Open Grants

Browse active grant opportunities in Putnam Investments Foundation's focus areas in our free grants database

Massachusetts GrantsNew York Grants

Similar Funders

Funders that support many of the same organizations

Eastern Bank Foundation

Lynn, MA

Assets

$249.7M

Grants

1

Total Given

$14.7M

Boston Foundation Inc

Boston, MA

Assets

$1.9B

Grants

2,046

Total Given

$169.9M

Riley Mabel Louise Tr Uwill

Pittsburgh, PA

Assets

$47.3M

Grants

69

Total Given

$3.7M

Fidelity Foundation

Boston, MA

Assets

$5.0B

Grants

4,430

Total Given

$156.2M

Analog Devices Foundation

Boston, MA

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

1,177

Total Given

$1.9M

Barr Foundation

Boston, MA

Assets

$1.9B

Grants

903

Total Given

$123.2M

Liberty Mutual Foundation Inc

Boston, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$46.1M

Grants

706

Total Given

$50.6M

Cummings Foundation Grants Inc (Fka Oneworld Boston Inc)

Woburn, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$258.2M

Grants

658

Total Given

$38.2M

American Tower Corporation Foundation

Boston, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$15.4M

Grants

632

Total Given

$1.7M

The Stephen Phillips Memorial

Boston, MA

Education

Assets

$41.6M

Grants

520

Total Given

$5.1M

Berkshire Bank Foundation Inc

Pittsfield, MA

Assets

$17.1M

Grants

478

Total Given

$2.0M

The Pfizer Foundation Inc

New York, NY

Assets

$255.3M

Grants

9,306

Total Given

$23.2M

More Funders in Massachusetts

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Putnam Investments Foundation by hand.

Want AI to do this for you? See how it works