The Frank and Elizabeth Keohane is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $399K in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$399K
-2.7% YoY
Annual Giving
$40K
+100.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$40K
+100.0% YoY
Under IRS private-foundation payout rules, The Frank and Elizabeth Keohane reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frank and Elizabeth Keohane
Based on IRS filings
The Frank and Elizabeth Keohane is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $399K in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $29K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $399,142 | $410,387 | $403,801 |
| Revenue | $42,397 | $37,514 | $4,831 |
| Expenses | $53,699 | $30,873 | $45,235 |
| Qualifying Distributions | $40,035 | $20,035 | $35,035 |
| Net Investment Income | $28,733 | $26,676 | — |
| Distributable Amount | $35,370 | $32,567 | $33,607 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston College Connell School of Nursing ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON COLLEGE CONNELL SCHOOL OF NURSING CHESTNUT HILL, MA | EDUCATION | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN J SICILIANO | TRUSTEE | 1 | $2,356 |
| STEPHEN W KIDDER | TRUSTEE | 1 | $2,356 |
| JOHN KEOHANE | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Frank and Elizabeth Keohane?
The Frank and Elizabeth Keohane is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $399K in total assets as of 2024.
How large is The Frank and Elizabeth Keohane?
As of 2024, The Frank and Elizabeth Keohane holds $399K in total assets with $42K in annual revenue. It awarded 1 grants totaling $40K in 2024.
Where does The Frank and Elizabeth Keohane operate?
The Frank and Elizabeth Keohane has awarded grants in Massachusetts.
What size grants does The Frank and Elizabeth Keohane award?
In 2024, The Frank and Elizabeth Keohane awarded 1 grants totaling $40K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is The Frank and Elizabeth Keohane required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frank and Elizabeth Keohane reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frank and Elizabeth Keohane's EIN?
The Frank and Elizabeth Keohane's EIN (Employer Identification Number) is 27-3640302. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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