The Peabody Foundation Inc
The Peabody Foundation Inc is a private grantmaking foundation located in Plymouth, Massachusetts. Established in 1939, the foundation operates as a 501(c)(3) charitable organization with a focused mission centered on supporting children with physical disabilities and related medical research.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.7M
+25.0% YoY
Annual Giving
$1.3M
-1.5% YoY
Grant Count
25
-7.4% YoY
Avg Grant Size
$51K
+6.4% YoY
Under IRS private-foundation payout rules, The Peabody Foundation Inc reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's purpose is to provide care, treatment, rehabilitation, education, and assistance to children with physical disabilities. Additionally, the foundation encourages and supports medical research in the causes of crippling disease, particularly in children.
The foundation's grantmaking is limited exclusively to these areas, with all grants benefiting handicapped children and related research initiatives.
Grantmaking
The foundation operates by invitation only and does not accept unsolicited applications. All grants are made to preselected organizations.
Grant Range
s:**
Average Grant
amount: $44,550 - $48,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation funds exclusively in Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (FY 2024):
- Total assets: $35,695,388
- Total revenue: $1,960,905
- Total expenses: $1,475,804
- Total giving: $1,276,744
- Investments: $27.8 million
Historical Growth: Over the past seven years, the foundation has experienced exceptional growth, increasing revenue by an average of 12.4% annually.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,695,388 | $28,552,027 | $24,607,746 |
| Revenue | $1,960,905 | $2,097,827 | $765,910 |
| Expenses | $1,475,804 | $1,488,145 | $1,486,193 |
| Qualifying Distributions | $1,326,590 | $1,346,456 | $1,366,175 |
| Net Investment Income | $1,836,204 | $1,978,580 | $650,386 |
| Distributable Amount | $1,556,518 | $1,280,867 | $1,312,110 |
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
129 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston Children's Hospital ($436,290), Massachusetts General Hospital ($167,752), Shriner's Hospital for Children ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARTHRITIS FOUNDATION - MASSACHUSETTS CHAPTER NEWTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $10,000 |
| BEVERLY SCHOOL FOR THE DEAF BEVERLY, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $11,936 |
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $436,290 |
| BRIGHAM AND WOMEN'S HOSPITAL BOSTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $50,000 |
| CARROLL CENTER FOR THE BLIND NEWTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $30,000 |
| CLARKE SCHOOLS FOR HEARING AND SPEECH CANTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $22,500 |
| COMMUNITY ROWING INC BRIGHTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $10,000 |
| COTTING SCHOOL FOR HANDICAPPED CHILDREN LEXINGTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $24,800 |
| FRANCISCAN CHILDREN'S HOSPITAL BRIGHTON, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $25,000 |
| HEARTS & NOSES HOSPITAL CLOWN TROUPE INC NEEDHAM, MA | TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Executive Director: Judith E. Rhoades
- President/Trustee: Christopher D Perry, Esq.
- Treasurer/Trustee: John Ea Safford
The foundation operates with a 15-member board of trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MS JUDITH E RHOADES | EXECUTIVE DIRECTOR | 40 | $45,000 |
| CHRISTOPHER D PERRY ESQ | PRESIDENT/TRUSTEE | 0.55 | — |
| MR JOHN EA SAFFORD | TREASURER/TRUSTEE | 0.55 | — |
| MS MARY LIZ VAN DYCK | VICE-PRESIDENT/TRUSTEE | 0.3 | — |
| MS BETHANY M WOODS | CLERK/TRUSTEE | 0.55 | — |
| DAVID C BROOKS MD | TRUSTEE | 0.3 | — |
| SARAH L CHRISTIE | TRUSTEE | 0.3 | — |
| MR DANIEL R DAVIS | TRUSTEE | 0.3 | — |
| MR JOSEPH C DONNELLY JR | TRUSTEE | 0.55 | — |
| MR JOHN H EMMONS JR | TRUSTEE | 0.3 | — |
| MEREDITH T JOHNSON | TRUSTEE | 0.3 | — |
| DAVID W MANZO | TRUSTEE | 0.3 | — |
| MRS JANE OTTE | TRUSTEE | 0.3 | — |
| ETHAN R PARTEN | TRUSTEE | 0.3 | — |
| DAVID P SIMMONS MD | TRUSTEE | 0.3 | — |
| JEREMY T SMITH MD | TRUSTEE | 0.3 | — |
Contact Information
Address: 20 Wickertree, Plymouth, MA 02360-2548
Phone: (508) 728-8780
EIN: 04-2104767
Frequently Asked Questions
What does The Peabody Foundation Inc fund?
The foundation's purpose is to provide care, treatment, rehabilitation, education, and assistance to children with physical disabilities. Additionally, the foundation encourages and supports medical research in the causes of crippling disease, particularly in children. The foundation's grantmaking is limited exclusively to these areas, with all grants benefiting handicapped children and related research initiatives.
How do I apply for a grant from The Peabody Foundation Inc?
**Grant Activity:** • Makes approximately 25-30 grants annually • Over the past seven years, the foundation has awarded 213 grants • Total annual giving: $1,326,590 (FY 2024) **Grant Sizes:** • Grant range: $8,000 - $360,000 • Average grant amount: $44,550 - $48,000 • Median grant amount: $25,000 **Application Process:** The foundation operates by invitation only and does not accept unsolicited applications. All grants are made to preselected organizations. **Recent Grantees (FY 2024):** • Prof…
Where does The Peabody Foundation Inc make grants?
The foundation funds exclusively in Massachusetts.
What size grants does The Peabody Foundation Inc award?
In 2024, The Peabody Foundation Inc awarded 25 grants totaling $1.3M — an average of about $51K per grant, based on its IRS Form 990 filings.
How much is The Peabody Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peabody Foundation Inc reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Peabody Foundation Inc's EIN?
The Peabody Foundation Inc's EIN (Employer Identification Number) is 04-2104767. IRS Form 990 filing data is available on this page for 2020–2024.
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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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