The Joan & Leo Mahoney Family Foundation

LOWELL, MA EIN: 04-3474541

The Joan & Leo Mahoney Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $220K. Net investment income was $188K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-2.9% YoY

Annual Giving

$220K

-4.3% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$37K

+11.6% YoY

About The Joan & Leo Mahoney Family Foundation

Based on IRS filings

The Joan & Leo Mahoney Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $220K. Net investment income was $188K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonCharlestonCharlestownDanversLowellNew YorkTyngsboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$562K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,037,273$1,068,232$1,186,843
Revenue$199,536$122,547$188
Expenses$230,495$241,158$251,334
Qualifying Distributions$1,259,562$1,359,159$1,407,389
Net Investment Income$188,428$99,489$22,763
Distributable Amount$64,146$69,834$85,822

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$120K$180K$240K7 grants20208 grants20219 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

BOSTON MEDICAL CENTER$50KST PATRICKS SCHOOL$50KBOYS GIRLS CLUB LOWELL$50KLOWELL CATHOLIC SCHOOL$50KXAVERIAN BROTHERS$10KCATHOLIC SCHOOLS FOUNDAT…$10K

Grant Size Distribution

37 grants across all recorded years

17<$50K20$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SHELAGH E MAHONEYTRUSTEE5
MEGHAN L MAHONEYTRUSTEE5
PATRICK L MAHONEYTRUSTEE5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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