The Lynch Foundation is a private foundation established in 1988 by Carolyn and Peter Lynch. Based in Boston, Massachusetts, it operates as a 501(c)(3) organization with a mission rooted in gratitude and a commitment to expanding access to life-changing opportunities within their community. The foundation was inspired by the verse "To whom much has been given, much will be required" (Luke 12:48) and reflects the Lynches' deep commitment to giving back.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$146.8M
+12.9% YoY
Annual Giving
$8.3M
+6.8% YoY
Grant Count
107
+1.9% YoY
Avg Grant Size
$77K
+4.8% YoY
Under IRS private-foundation payout rules, The Lynch Foundation reported a distributable amount of $6.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Lynch Foundation's philanthropic model is built on five core tenants:
- Education — with particular emphasis on public education in Boston
- Health Care and Wellness — including social determinants of health
- Preservation and Access to Cultural and Historic Assets and Open Space — for all community members
- Religious and Educational Efforts of the Roman Catholic Church
- Housing and Homelessness
The foundation views philanthropy as more than financial transactions, emphasizing "believing in potential when it's still in its infancy." The organization is willing to take reasonable risks on unproven organizations and prioritizes creating sustainable social change for the long-term.
Grantmaking
The foundation makes several categories of grants:
Grant Range
$50,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Lynch Foundation primarily supports organizations in Massachusetts, with particular emphasis on the Greater Boston community. The foundation believes that rebuilding neighborhoods can inspire their people and cultivate stronger community connections.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $146,827,858
- Total revenues: $31,959,328
- Total expenses: $11,135,719
- Total giving: $8,250,254
Historical Impact:
- Over 37 years of investing in the community
- $179,403,970 distributed in grants (as of close of FY 12/25)
- 7,018 scholarships awarded
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $146,827,858 | $130,010,432 | $115,314,269 |
| Revenue | $31,959,328 | $6,237,818 | $-12,519,963 |
| Expenses | $11,135,719 | $9,990,132 | $11,270,902 |
| Qualifying Distributions | $9,802,783 | $9,113,627 | $10,349,394 |
| Net Investment Income | $30,626,392 | $5,361,313 | $329,913 |
| Distributable Amount | $6,445,872 | $6,010,072 | $7,250,771 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The Lynch Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Children's Services of Roxbury ($400,000), Fidelity Charitable ($400,000), Harvard Medical School ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN IRELAND FUND BOSTON, MA | GENERAL OPERATING SUPPORT | $25,000 |
| AMERIGO EDUCATION CHICAGO, IL | ILEE | $17,500 |
| ARCHDIOCESE OF BOSTON BRAINTREE, MA | CARDINAL'S APPEAL, CLERGY BENEFIT TRUST, CATHOLIC SCHOOLS SUPPORT | $125,000 |
| BAY PATH UNIVERSITY LONGMEADOW, MA | SCHOLARSHIP SUPPORT | $26,468 |
| BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY BOSTON, MA | CAPITAL CAMPAIGN | $150,000 |
| BETTER ANGELS SOCIETY WASHINGTON, DC | GENERAL OPERATING SUPPORT | $25,000 |
| BOSTON CELTICS SHAMROCK FOUNDATION BOSTON, MA | BOSTON CELTICS UNITED FOR SOCIAL JUSTICE INITIATIVE | $100,000 |
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | RESEARCH CENTER | $80,000 |
| BOSTON CHILDREN'S MUSEUM BOSTON, MA | GENERAL OPERATING SUPPORT | $10,000 |
| BOSTON COLLEGE POPS ON THE HEIGHTS CHESTNUT HILL, MA | SCHOLARSHIP SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel:
- Peter S. Lynch — President and Chairman
- Kathryn M. Everett — Executive Director ($592,000 annual compensation)
- Victoria Prudden — Chief Operations Officer ($178,000 annual compensation)
- Anne Lukowski — Vice President
- Elizabeth de Montrichard — Secretary
- Richard Spillane — Treasurer
Board of Trustees:
- Ralph C. Sweetland, MD
- Nancy Coolidge
- Mary Witkowski
- Marie-Claude Tanny
- John Regan
- Amanda Fernandez
The foundation has 4 employees and is staffed with dedicated paid staff.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTORIA PRUDDEN | CHIEF OPERATIONS OFFICER | 40 | $178,154 |
| KATHRYN M EVERETT | EXECUTIVE DIRECTOR | 40 | $592,385 |
| RICHARD SPILLANE | TREASURER | 1 | — |
| RALPH C SWEETLAND MD | TRUSTEE | 1 | — |
| PETER S LYNCH | PRESIDENT AND CHAIRMAN | 1 | — |
| NANCY COOLIDGE | TRUSTEE | 1 | — |
| MARY WITKOWSKI | TRUSTEE | 1 | — |
| MARIE-CLAUDE TANNY | TRUSTEE | 1 | — |
| JOHN REGAN | TRUSTEE | 1 | — |
| ELIZABETH DE MONTRICHARD | SECRETARY | 1 | — |
| ANNE LUKOWSKI | VICE PRESIDENT | 1 | — |
| AMANDA FERNANDEZ | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking with recent support directed toward organizations including:
Lynch Foundation Gift to Support High School Students Pursuit of ...**Posse Foundation** — Long-term partnership spanning over two decades, with a public challenge grant announcement made at Posse's National Annual Dinner
**Pine Street Inn** — Supporting transformation of temporary shelter into lasting homes for Boston's homeless community
**InnerCity Weightlifting** — Helping expand from a small gym into a force for change empowering young people
**St. Mary's Center for Women and Children** — Supporting families in crisis with safe homes and education access
**The Phoenix** — Supporting expansion into Boston for recovery community services
**Children's Services of Roxbury** — Expanding vital programs in education, housing, and youth development
The foundation observes Peter Lynch Day on May 11, 2025, as an annual occasion to "lead with faith and act with purpose."
Our Impact | The Lynch FoundationSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Lynch Foundation fund?
The Lynch Foundation's philanthropic model is built on five core tenants: • **Education** — with particular emphasis on public education in Boston • **Health Care and Wellness** — including social determinants of health • **Preservation and Access to Cultural and Historic Assets and Open Space** — for all community members • **Religious and Educational Efforts of the Roman Catholic Church** • **Housing and Homelessness** The foundation views philanthropy as more than financial transactions, emp…
How do I apply for a grant from The Lynch Foundation?
**Grant Activity:** • 107 grants awarded in the most recent fiscal year • Median grant size: $50,000 • Grant range: $2,300 to $513,000 • Total giving (2024): $8,250,254 **Types of Grants:** The foundation makes several categories of grants: • **Scholarship Grants** — $14,356,489 invested, supporting 3,339 students • **Capital Grants** — $36,661,115 invested in construction, acquisition of buildings and land, equipment purchases, and other enduring purposes • **Endowment Funds** — $17,755,419 in…
Where does The Lynch Foundation make grants?
The Lynch Foundation primarily supports organizations in Massachusetts, with particular emphasis on the Greater Boston community. The foundation believes that rebuilding neighborhoods can inspire their people and cultivate stronger community connections.
What size grants does The Lynch Foundation award?
In 2024, The Lynch Foundation awarded 107 grants totaling $8.3M — an average of about $77K per grant, based on its IRS Form 990 filings.
How much is The Lynch Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lynch Foundation reported a distributable amount of $6.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lynch Foundation's EIN?
The Lynch Foundation's EIN (Employer Identification Number) is 04-3017940. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lynch Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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