The Rands Foundation is a private foundation located in Westwood, Massachusetts, established in 2005. It operates as a 501(c)(3) exempt private foundation with no employees. The foundation was created by Robert D. Rands and supports charitable purposes primarily through grantmaking to nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.4M
+10.4% YoY
Annual Giving
$1.3M
+11.5% YoY
Grant Count
37
-2.6% YoY
Avg Grant Size
$34K
+14.5% YoY
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation supports organizations across multiple states, with particular activity in Massachusetts, the District of Columbia, and New York.
Grantmaking
The foundation provides general operating support to its grantees.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with documented activity in:
- Massachusetts
- District of Columbia
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024
- Total assets: $23,448,146
- Total revenues: $4,047,071
- Total expenses: $1,323,782
- Total giving: $1,265,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,448,146 | $21,248,405 | $18,897,964 |
| Revenue | $4,047,071 | $1,367,964 | $685,631 |
| Expenses | $1,323,782 | $1,148,402 | $772,182 |
| Qualifying Distributions | $1,269,007 | $1,139,792 | $735,779 |
| Net Investment Income | $2,818,253 | $913,492 | $780,001 |
| Distributable Amount | $1,116,094 | $980,139 | $1,004,578 |
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
190 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel (as of October 2024)
- Jason Matheny – President and Chief Executive Officer
- Mike Januzik – Vice President and Chief Financial Officer
- Jennifer Gould – Vice President, Communications and External Affairs
- Christine Lanoie-Newman – Vice President and Chief Development Officer
- Eric Peltz – Senior Vice President, Finance and Operations
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Amelia R Rands | Trustee | 0.1 | — |
| Robert D Rands | Trustee | 0.1 | — |
Contact Information
Address 157 Grove Street Westwood, MA 02090-1027
Phone 781-326-6265
EIN 87-0757900
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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