The Pequot Charitable Foundation

Private foundation · Grantmaker Salem, MA EIN: 81-5422482

The Pequot Charitable Foundation is a private foundation based in Salem, Massachusetts. In its 2024 filing, it reported 14 grants totaling $73,600 to charitable organizations, with stated purposes including education, research, religion, and charitable purposes.

Key facts about The Pequot Charitable Foundation

In short: The Pequot Charitable Foundation gave $74K across 14 grants in 2024 (avg $5K), mostly in Massachusetts. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
81-5422482
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$73,600
Grants made (2024)
14
Average grant
$5,257
Median grant
$5,000
New grantees (estimate)
14% first-time grantees (2 of 14, 2024)
Total assets
$20,380
Primary geography
Massachusetts (83% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it 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 September 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

$20K

+44.2% YoY

Annual Giving

$74K

-4.8% YoY

Grant Count

14

+27.3% YoY

Avg Grant Size

$5K

-25.2% YoY

Under IRS private-foundation payout rules, The Pequot Charitable Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Pequot Charitable Foundation open to new grantees?

14%

first-time grantees, 2024

In 2024, 2 of 14 grantees (14%) were first-time recipients. First grants averaged $4K; repeat grants $6K. How we count

Medians: $4K first-time, $5K repeat.

  • 43% of 2024 grantees were also funded in 2023. Method
  • Giving fell 51% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for educational institutions, a hospital oncology fund, a brain health research center, a parish, and other charitable organizations. The grant purposes stated in the filing include continuing educational, research, religious, and charitable purposes.

Among its grantees, Marquette University describes its mission as a Catholic, Jesuit university focused on truth, knowledge, excellence, faith, and leadership in service to others. Massachusetts Wonderfund says it supports children receiving services from the Massachusetts Department of Children and Families through enrichment opportunities, emergency aid, and transitional necessities. Veterans Legal Services says it provides free civil legal aid to Massachusetts veterans.

Grantmaking

In 2024, the foundation gave $73,600 through 14 grants. Grant amounts ranged from $1,000 to $12,500, with a median grant of $5,000.

How to Apply

or materials are specified.

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Geographic Focus

Where this funder awards grants

In 2024, 83% of grant dollars went to recipients in Massachusetts, 14% to recipients in Wisconsin, and 3% to recipients in Iowa.

Grant Distribution by State

4states

Share of 2024 grant dollars across all 14 itemized grants.

Cities

BostonSalemLynnBeverlyChestnut HillMilwaukeeDanversFairfieldDorchesterHinghamUnionMarbleheadMilton

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K11 grants2020 16 grants2021 14 grants2022 11 grants2023 14 grants2024

From 2020 to 2024, annual grant giving ranged from $74K (2024) to $151K (2021). In 2024 it made 14 grants totaling $74K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cathedral High School: $13KCathedral High School$13KMarquette University: $10KMarquette University$10KMassachusetts General Hospital McCance Center for Brain Health: $10KMassachusetts General HospitalMcCance Center for Brain…$10KSalem Athenaeum: $6KSalem Athenaeum$6KNotre Dame Academy: $6KNotre Dame Academy$6KSt John's Preparatory School: $5KSt John's Preparatory School$5KSt Joseph Parish: $5KSt Joseph Parish$5KSaint John Paul II Catholic Academy: $5KSaint John Paul II CatholicAcademy$5KMassachusetts Wonderfund Inc: $5KMassachusetts Wonderfund Inc$5KBeth Israel Lahey Health Beverly Hospital Oncology Fund: $3KBeth Israel Lahey HealthBeverly Hospital Oncology Fund$3K

The largest 2024 recipient was Cathedral High School ($13K). Together the top 10 received $67K.

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 66 grants of 66 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cathedral High School Boston, MATo Fund Continuing Educational Purposes$12,500
Marquette University Milwaukee, WITo Fund Continuing Educational Purposes$10,000
Massachusetts General Hospital McCance Center for Brain Health Boston, MATo Fund Continuing Research Purposes$10,000
Salem Athenaeum Salem, MATo Fund Continuing Educational Purposes$6,000
Notre Dame Academy Hingham, MATo Fund Continuing Educational Purposes$5,600
St John's Preparatory School Danvers, MATo Fund Continuing Educational Purposes$5,000
St Joseph Parish Lynn, MATo Fund Continuing Religious Purposes$5,000
Saint John Paul II Catholic Academy Milton, MATo Fund Continuing Educational Purposes$5,000
Massachusetts Wonderfund Inc Boston, MATo Fund Continuing Charitable Purposes$5,000
Beth Israel Lahey Health Beverly Hospital Oncology Fund Beverly, MATo Fund Continuing Charitable Purposes$2,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $20,380 $80,044 $73,731 $73,600 14
2023 $14,137 $80,229 $77,527 $77,335 11
2022 $11,365 $130,520 $130,568 $130,335 14
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$20,380$14,137$11,365
Revenue$80,044$80,229$130,520
Expenses$73,731$77,527$130,568
Qualifying Distributions$73,600$77,335$130,335
Net Investment Income$413$31$387
Distributable Amount$1,048$822$1,395

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Eileen M. Dineen, William J. Lundregan, Christopher T. Casey, and Catherine L. Oatway as trustees.

The Pequot Charitable Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Catherine L. Oatway

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Christopher T. Casey

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Eileen M. Dineen

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • William J. Lundregan

    Trustee

    On filings since 2020

    0.3 hrs/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: 71 Washington Street, Salem, MA 01970
Phone: (978) 741-3888

Frequently asked questions about The Pequot Charitable Foundation

How much does The Pequot Charitable Foundation give each year?

The Pequot Charitable Foundation gave $74K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $77K across 11 grants.

What is The Pequot Charitable Foundation's typical grant size?

The Pequot Charitable Foundation's median grant in 2024 was $5,000, and its average grant was $5,257, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Pequot Charitable Foundation that year got $4K on average.

Where does The Pequot Charitable Foundation give grants?

The Pequot Charitable Foundation gives mostly in Massachusetts: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Wisconsin (14%). The most frequent recipient cities were Boston, MA (4 grants).

Who are The Pequot Charitable Foundation's largest grantees?

The Pequot Charitable Foundation's largest 2024 grantees include Cathedral High School ($12,500), Marquette University ($10,000) and Massachusetts General Hospital McCance Center for Brain Health ($10,000), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.

How large is The Pequot Charitable Foundation?

The Pequot Charitable Foundation reported $20K in total assets on its 2024 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).

What does The Pequot Charitable Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants included support for educational institutions, a hospital oncology fund, a brain health research center, a parish, and other charitable organizations. See mission & focus areas ↑

How do I apply for a grant from The Pequot Charitable Foundation?

The foundation states that it 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 Pequot Charitable Foundation's EIN?

The Pequot Charitable Foundation's EIN (Employer Identification Number) is 81-5422482. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Pequot Charitable Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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