The John & Mary Corcoran Family Foundation
THE JOHN & MARY CORCORAN FAMILY is a private foundation based in Braintree, Massachusetts. It reported 15 grants totaling $6,072,666 in 2024, all to recipients in Massachusetts.
Key facts about The John & Mary Corcoran Family Foundation
In short: The John & Mary Corcoran Family Foundation gave $6.1M across 15 grants in 2024 (avg $405K), mostly in Massachusetts. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 04-6689934
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $6,072,666
- Grants made (2024)
- 15
- Average grant
- $404,844
- Median grant
- $25,000
- New grantees (estimate)
- 13% first-time grantees (2 of 15, 2024; small sample)
- Total assets
- $110,657,593
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$110.7M
+0.2% YoY
Annual Giving
$6.1M
+7.3% YoY
Grant Count
15
-11.8% YoY
Avg Grant Size
$405K
+21.6% YoY
Under IRS private-foundation payout rules, The John & Mary Corcoran Family Foundation reported a distributable amount of $6.9M for 2024 — the minimum it must pay out in qualifying distributions.
Is The John & Mary Corcoran Family Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 2 of 15 grantees (13%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $10K; repeat grants $466K. How we count
Medians: $10K first-time, $30K repeat.
- 87% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−5%). Method
- In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants include support for organizations whose own stated missions include ending homelessness, providing permanent housing to very low-income people, delivering primary health care and education opportunities in Haiti, and maintaining woodland trails in a wildlife sanctuary.
For example, Father Bill’s & MainSpring describes its mission as ending homelessness and providing emergency shelter, housing, and services on the South Shore and in southern Massachusetts. Caritas Communities says it provides permanent housing, support, and a sense of community to very low-income individuals. Bourne Conservation Trust describes providing public woodland trails through a wildlife sanctuary.
Grantmaking
In 2024, the foundation made 15 grants totaling $6,072,666. Individual grants ranged from $10,000 to $3,400,000, with a median of $25,000. The largest awards included $3,400,000 to TPI Cradle to Career Grants, $1,593,875 to Red Pine Scholars, and $674,581 to The Philanthropic Initiative Inc. Each of those grants listed the same purpose: “General Support Scholars Program, Community Grants, OLPH Mission Grammar, South Boston Academy.”
Other listed awards included $119,210 to the LEAF Program (SuppliesLeslie College) for general purpose; $50,000 each to Father Bill’s & MainSpring for general purpose and Saint Rock Haiti Foundation for general support; and $30,000 to Bourne Conservation Trust for habitat conservation. The foundation also awarded $25,000 each to Caritas Communities, Pine Street Inn, Rosie’s Place, St. Francis House, and St. Mary’s Women & Infants Center.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with The John & Mary Corcoran Family Foundation?
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.7M (2023) to $6.4M (2021). In 2024 it made 15 grants totaling $6.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was TPI Cradle to Career Grants ($3.4M). Together the top 10 received $6.0M.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 40 grants of 74 (54%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| TPI Cradle to Career Grants Boston, MA | General support scholars program, community grants, olph mission grammar, south boston academy | $3,400,000 |
| Red Pine Scholars Boston, MA | General support scholars program, community grants, olph mission grammar, south boston academy | $1,593,875 |
| The Philanthropic Initiative Inc Boston, MA | General support scholars program, community grants, olph mission grammar, south boston academy | $674,581 |
| Leaf Program (Suppliesleslie College) Cambridge, MA | General Purpose | $119,210 |
| Father Bill's & Mainspring Quincy, MA | General Purpose | $50,000 |
| Saint Rock Haiti Foundation Milton, MA | General Support | $50,000 |
| Bourne Conservation Trust Cataument, MA | Habitat Conservation | $30,000 |
| Caritas Communities Inc Braintree, MA | General Purpose | $25,000 |
| Pine Street Inn Boston, MA | General Purpose | $25,000 |
| Rosie's Place Boston, MA | General Purpose | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $110,657,593 | $7,424,553 | $7,260,599 | $6,072,666 | 15 |
| 2023 | $110,463,147 | — | — | — | 0 |
| 2022 | $110,029,628 | $10,588,015 | $7,190,265 | $6,247,265 | 16 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $110,657,593 | $110,463,147 | $110,029,628 |
| Revenue | $7,424,553 | $7,877,435 | $10,588,015 |
| Expenses | $7,260,599 | $6,697,597 | $7,190,265 |
| Qualifying Distributions | $6,613,470 | $6,144,051 | $6,782,837 |
| Net Investment Income | $7,028,047 | $7,498,600 | $10,221,122 |
| Distributable Amount | $6,876,664 | $6,471,558 | $6,811,681 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John M. Corcoran Jr. and Thomas M. Corcoran as trustees.
The John & Mary Corcoran Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
John M. Corcoran Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Thomas M. Corcoran
Trustee
On filings since 2020
1 hr/week
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.
Contact
Mailing address: 100 Grandview Road 207, Braintree, MA 02184
Phone: (781) 849-0014
Frequently asked questions about The John & Mary Corcoran Family Foundation
How much does The John & Mary Corcoran Family Foundation give each year?
The John & Mary Corcoran Family Foundation gave $6.1M across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.7M across 17 grants.
What is The John & Mary Corcoran Family Foundation's typical grant size?
The John & Mary Corcoran Family Foundation's median grant in 2024 was $25,000, and its average grant was $404,844, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The John & Mary Corcoran Family Foundation that year got $10K on average.
Where does The John & Mary Corcoran Family Foundation give grants?
The John & Mary Corcoran Family Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (8 grants) and Milton, MA (2 grants).
Does The John & Mary Corcoran Family Foundation give general operating support?
Yes: 80% of The John & Mary Corcoran Family Foundation's 2024 grants with a stated purpose (12 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The John & Mary Corcoran Family Foundation's largest grantees?
The John & Mary Corcoran Family Foundation's largest 2024 grantees include TPI Cradle to Career Grants ($3,400,000), Red Pine Scholars ($1,593,875) and The Philanthropic Initiative Inc ($674,581), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is The John & Mary Corcoran Family Foundation?
The John & Mary Corcoran Family Foundation reported $110.7M in total assets on its 2024 IRS Form 990-PF. It paid out $6.6M in qualifying distributions that year, against a required minimum of $6.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The John & Mary Corcoran Family Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from The John & Mary Corcoran Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The John & Mary Corcoran Family Foundation's EIN?
The John & Mary Corcoran Family Foundation's EIN (Employer Identification Number) is 04-6689934. IRS Form 990 filing data is available on this page for 2020–2024.
Does The John & Mary Corcoran Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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