The Library Foundation of Needham Inc
The Library Foundation of Needham encourages community investments through individual and corporate giving for library foundation programs and services not provided for in the town funded budget and coordinates fundraising and promotional activities to increase the endowment and responsibly manage and grow the funds.
The Library Foundation of Needham Inc at a glance
In short: The Library Foundation of Needham Inc gave $20K across 1 grant in 2025 (avg $20K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $19,703
- -21.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $19,703
- -21.2% vs 2024
- Median grant
- $19,703
- Total assets
- $2,200,100
- +10.8% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Library Foundation of Needham Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Public Library Town of Needham ($20K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Library Foundation of Needham Inc gives
- Giving grew 60% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $12K (2022) to $54K (2023). In 2025 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Public Library Town of Needham Needham, MA | Funding for program offerings, expansion of the collection and purchase of special equipment and services. | $19,703 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,200,100 | $164,778 | $43,722 | $19,703 | 1 | $128,774 |
| 2024 | $1,985,238 | $108,215 | $47,351 | $24,995 | 1 | $89,576 |
| 2023 | $1,784,968 | $111,644 | $88,508 | $53,698 | 1 | $76,843 |
| 2022 | $1,652,876 | $122,056 | $32,780 | $12,334 | 1 | $82,980 |
| 2021 | $1,827,456 | $89,124 | $39,736 | $20,300 | 1 | $62,569 |
About The Library Foundation of Needham Inc
Based on IRS filings
The Library Foundation of Needham Inc is a public charity focused on Education, based in Needham, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $129K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Library Foundation of Needham Inc is led by Kathryn D'addesio, President & Director on the 2025 filing; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kathryn D'addesio
President & Director
New on the 2025 filing
5 hrs/week
No compensation reported
Kathy Whitney
Clerk & Director
Director → Clerk, 2024
Clerk → Clerk & Director, 2025
On filings since 2022
1 hr/week
No compensation reported
Leslie Renzulli
Director
On filings since 2022
1 hr/week
No compensation reported
Louise Miller
Director
On filings since 2022
1 hr/week
No compensation reported
Debra Steele
Director
On filings since 2024
1 hr/week
No compensation reported
Genevieve Hammond
Director
New on the 2025 filing
1 hr/week
No compensation reported
Graeff Erhardt
Director
New on the 2025 filing
1 hr/week
No compensation reported
Michael O'Leary
Director
New on the 2025 filing
1 hr/week
No compensation reported
Stephen Wallack
Treasurer & Director
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (19)
- Former: Joan Smith (2021–2024) — Director
- Former: Kathy D'addesio (2021–2024) — President
- Former: Stephen Shusterman (2021–2024) — Treasurer
- Former: Sue Young (2021–2024) — Director
- Former: James Reulbach (2023–2024) — Vice President
- Former: Jay Fialkov (2024) — Liaison & Library Board of Trustees
- Former: Jonathan B. Hruska (2024) — Director
- Former: Mike O'Leary (2024) — Director
- Former: Beth Hammerstrand (2021–2023) — Co-President
- Former: Katie Dammann (2021–2023) — Clerk
- Former: Melyssa Taylor (2021–2023) — Director
- Former: Monica Granucci (2022–2023) — Director
- Former: Matt Robinson (2023) — Director
- Former: James Ruelbach (2022) — Director
- Former: Joe Barnes (2022) — Director
- Former: Carol Thomas (2021) — Director
- Former: Dhiran Shah (2021) — Director
- Former: Janet Drake (2021) — Director
- Former: Peter Burns (2021) — Treasurer
Data from IRS Form 990 filings, 2021–2025. "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 Library Foundation of Needham Inc
How much does The Library Foundation of Needham Inc give each year?
The Library Foundation of Needham Inc gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $25K across 1 grant.
How large is The Library Foundation of Needham Inc?
The Library Foundation of Needham Inc reported $2.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $165K.
What is The Library Foundation of Needham Inc?
The Library Foundation of Needham Inc is a public charity focused on Education, based in Needham, MA. It holds $2.2M in total assets as of 2025.
Where does The Library Foundation of Needham Inc operate?
The Library Foundation of Needham Inc has awarded grants in Massachusetts.
What is The Library Foundation of Needham Inc's EIN?
The Library Foundation of Needham Inc's EIN (Employer Identification Number) is 04-3783995. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work The Library Foundation of Needham Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Library Foundation of Needham Inc's focus areas in our free grants database
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