Quonochontaug Foundation is a private foundation based in Beverly, Massachusetts. The foundation supports charitable work through grantmaking in key focus areas including education, philanthropy, voluntarism, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.5M
+58.8% YoY
Annual Giving
$1.5M
-28.6% YoY
Grant Count
38
+8.6% YoY
Avg Grant Size
$40K
-34.2% YoY
Under IRS private-foundation payout rules, Quonochontaug Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Grant Range
** Typical awards range from $5,000 to $1,025,000
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- Massachusetts
- Rhode Island
- Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $32,476,273
- Total Annual Giving: $1,517,650
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,476,273 | $20,449,988 | $21,061,998 |
| Revenue | $8,395,414 | $3,713,279 | $959,280 |
| Expenses | $1,756,698 | $2,275,685 | $1,667,664 |
| Qualifying Distributions | $1,517,650 | $2,125,000 | $1,510,000 |
| Net Investment Income | $6,632,361 | $1,944,093 | $201,616 |
| Distributable Amount | $1,436,550 | $1,185,328 | $1,221,965 |
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 2024
Grant Size Distribution
183 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mass General Hospital ($500,000), Winsor School Inc ($230,000), Lehigh University ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BARNARD COLLEGE NEW YORK, NY | GENERAL & UNRESTRICTED | $10,000 |
| BOCH CENTER BOSTON, MA | GENERAL & UNRESTRICTED | $60,000 |
| COLUMBIA UNIVERSITY LAW SCHOOL NEW YORK, NY | GENERAL & UNRESTRICTED | $25,000 |
| CONSUMER REPORTS INC YONKERS, NY | GENERAL & UNRESTRICTED | $5,000 |
| DEXTER SOUTHFIELD FUND BROOKLINE, MA | GENERAL & UNRESTRICTED | $10,000 |
| GULF OF MAINE RESEARCH INSTITUTE PORTLAND, ME | GENERAL & UNRESTRICTED | $10,000 |
| HARVARD BUSINESS SCHOOL BOSTON, MA | GENERAL & UNRESTRICTED | $5,000 |
| JONNYCAKE CENTER OF WESTERLY WESTERLY, RI | GENERAL & UNRESTRICTED | $15,000 |
| JUPITER ISLAND GARDEN CLUB FOR HARBOR ISLAND FUND HOBE SOUND, FL | GENERAL & UNRESTRICTED | $10,000 |
| JUPITER ISLAND MEDICAL CLINIC HOBE SOUND, FL | GENERAL & UNRESTRICTED | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL E SMITH JR | TRUSTEE | 1 | — |
| ELIZABETH G RILEY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Quonochontaug Foundation fund?
The foundation's primary funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Quonochontaug Foundation?
**Grant Range:** Typical awards range from $5,000 to $1,025,000 **Annual Giving:** $1,517,650 (based on most recent IRS 990 filing from 2024)
Where does Quonochontaug Foundation make grants?
The foundation primarily supports organizations in: • Massachusetts • Rhode Island • Florida
What size grants does Quonochontaug Foundation award?
In 2024, Quonochontaug Foundation awarded 38 grants totaling $1.5M — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Quonochontaug Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Quonochontaug Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Quonochontaug Foundation's EIN?
Quonochontaug Foundation's EIN (Employer Identification Number) is 27-4129667. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Quonochontaug Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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