The Iiegn Family Foundation
The Iiegn Family Foundation is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. Net investment income was $348K.
The Iiegn Family Foundation at a glance
- Total assets
- $4,366,530
- +7.4% vs 2023
- Revenue (2024)
- $466,816
- -73.0% vs 2023
- Net investment income (2024)
- $348,499
- -78.3% vs 2023
- Expenses (2024)
- $149,042
- -97.1% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Iiegn Family Foundation funds
How this funder distributes its grants
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 3 grants of 8 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Iiegn Family Foundation gives
- Giving grew 118% from 2020 to 2023. Method
- In 2023 it paid out 715% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $75K (2022) to $28.9M (2021). In 2023 it made 2 grants totaling $5.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund Cincinnati, OH | To assist the recipient in carrying out its charitable purpose. | $5,000,000 |
| Boston Amateur Basketball Club Quincy, MA | To assist the recipient in carrying out its charitable purpose. | $39,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,366,530 | $466,816 | $149,042 | — | — | — | $348,499 | $708,115 |
| 2023 | $4,065,082 | $1,731,348 | $5,186,872 | $5,039,500 | 2 | $5,039,500 | $1,604,912 | $704,952 |
| 2022 | $7,516,733 | $814,249 | $172,315 | $75,000 | 2 | $75,000 | $715,863 | $700,976 |
| 2021 | $7,705,932 | $1,021,594 | $29,079,156 | $28,897,828 | 2 | $28,897,828 | $896,880 | $845,825 |
| 2020 | $18,595,737 | $2,074,779 | $2,664,551 | $2,313,465 | 2 | — | $1,619,442 | $1,647,109 |
Under IRS private-foundation payout rules, The Iiegn Family Foundation reported a distributable amount of $708K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Iiegn Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ian K. Loring Co Ropes Gray
Trustee
On filings since 2020
No compensation reported
Isabelle P. Loring Co Ropes Gray
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Iiegn Family Foundation
How large is The Iiegn Family Foundation?
The Iiegn Family Foundation reported $4.4M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $467K.
Where does The Iiegn Family Foundation operate?
The Iiegn Family Foundation has awarded grants in Massachusetts, Ohio.
How much is The Iiegn Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Iiegn Family Foundation reported a distributable amount of $708K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Iiegn Family Foundation's EIN?
The Iiegn Family Foundation's EIN (Employer Identification Number) is 47-2222986. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 21, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Iiegn Family Foundation's focus areas in our free grants database
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