SBLI Legacy Foundation Inc
SBLI Legacy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woburn, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 15 grants totaling $200K.
Key facts about SBLI Legacy Foundation Inc
- EIN
- 82-3095904
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $200,469
- Grants made (2024)
- 15
- Average grant
- $13,365
- Median grant
- $10,220
- New grantees (estimate)
- 20% first-time grantees (3 of 15, 2024)
- Total assets
- $1,443,779
- Primary geography
- Massachusetts (54% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who SBLI Legacy Foundation Inc funds
By grant dollars, the top recipient states for SBLI Legacy Foundation Inc's 15 itemized 2024 grants were Massachusetts (54%), Virginia (20%) and Texas (15%). The most frequent recipient cities were Boston, MA (3 grants) and Woburn, MA (2 grants). None of its 15 grants with a stated purpose were described as general or operating support. Recurring purposes include "Healthy Lifestyle" (15 grants).
Is SBLI Legacy Foundation Inc open to new grantees?
20%
first-time grantees, 2024
In 2024, 3 of 15 grantees (20%) were first-time recipients. First grants averaged $3K; repeat grants $16K. How we count
Medians: $2K first-time, $13K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+4%). Method
- In 2024 it paid out 438% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). 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 SBLI Legacy Foundation Inc
- How to evaluate SBLI Legacy Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to SBLI Legacy Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+26.2% YoY
Annual Giving
$200K
+1.0% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$13K
+7.7% YoY
Under IRS private-foundation payout rules, SBLI Legacy Foundation Inc reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About SBLI Legacy Foundation Inc
Based on IRS filings
SBLI Legacy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woburn, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 15 grants totaling $200K.
Focus Areas
Ready to take the next step with SBLI Legacy Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,443,779 | $1,143,732 | $592,286 |
| Revenue | $500,790 | $750,000 | $297 |
| Expenses | $200,743 | $198,554 | $202,572 |
| Qualifying Distributions | $200,469 | $198,554 | $202,572 |
| Net Investment Income | — | — | — |
| Distributable Amount | $45,742 | $23,542 | $33,412 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include American Diabetes Association ($40,000), American Heart Association ($30,581), Boston Children's Hospital ($26,703).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN DIABETES ASSOCIATION Merrifield, VA | HEALTHY LIFESTYLE | $40,000 |
| AMERICAN HEART ASSOCIATION Dallas, TX | HEALTHY LIFESTYLE | $30,581 |
| BOSTON CHILDREN'S HOSPITAL Boston, MA | HEALTHY LIFESTYLE | $26,703 |
| AMERICAN RED CROSS Medford, MA | HEALTHY LIFESTYLE | $25,000 |
| JIMMY FUND Brookline, MA | HEALTHY LIFESTYLE | $19,400 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL Memphis, TN | HEALTHY LIFESTYLE | $15,800 |
| NAMI MASSACHUSETTS Woburn, MA | HEALTHY LIFESTYLE | $10,330 |
| ALZHEIMERS ASSOCIATION Waltham, MA | HEALTHY LIFESTYLE | $10,220 |
| BREAKTHROUGH T1D Hagerstown, MD | HEALTHY LIFESTYLE | $6,000 |
| WHITTIER STREET HEALTH CENTER Roxbury Crossing, MA | HEALTHY LIFESTYLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jennifer H Muldoon | President & Director | — | — |
| Bernice Young | Treasurer | — | — |
| James a Morgan | Chairman | — | — |
| Matthew C Regan | Director | — | — |
| John E Brabazon | Director | — | — |
| Voula Ioannidis | Corporate Clerk | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is SBLI Legacy Foundation Inc?
SBLI Legacy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Woburn, MA. It holds $1.4M in total assets as of 2024.
How large is SBLI Legacy Foundation Inc?
As of 2024, SBLI Legacy Foundation Inc holds $1.4M in total assets with $501K in annual revenue. It awarded 15 grants totaling $200K in 2024.
Where does SBLI Legacy Foundation Inc operate?
SBLI Legacy Foundation Inc has awarded grants in District of Columbia, Iowa, Illinois, Massachusetts, Maryland, New York, Tennessee, Texas, Virginia.
What size grants does SBLI Legacy Foundation Inc award?
In 2024, SBLI Legacy Foundation Inc awarded 15 grants totaling $200K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is SBLI Legacy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, SBLI Legacy Foundation Inc reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is SBLI Legacy Foundation Inc's EIN?
SBLI Legacy Foundation Inc's EIN (Employer Identification Number) is 82-3095904. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in SBLI Legacy Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Arthur J Gallagher Foundation
Rolling Meadows, IL
Assets
—
Grants
2,692
Total Given
$1.6M
Chubb Charitable Foundation
Philadelphia, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
Amica Companies Foundation
Lincoln, RI
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
McKesson Foundation Inc
Dallas, TX
Assets
—
Grants
76
Total Given
$16.6M
Lincoln Financial Foundation Inc
Radnor, PA
Assets
$6.2M
Grants
2,479
Total Given
$8.3M
Fidelity Foundation
Boston, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Boston Foundation Inc
Boston, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Analog Devices Foundation
Boston, MA
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
Assets
$46.1M
Grants
706
Total Given
$50.6M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings.