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
Under IRS private-foundation payout rules, The Rands Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Esperanza Academy ($250,000), Higher Achievement Program ($100,000), Generic Ministry ($65,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Blessed Stephen Bellesini OSA Academy Inc Lawrence, MA | General Operating Support | $50,000 |
| Boston College Chestnut Hill, MA | General Operating Support | $10,000 |
| Boston Debate League Boston, MA | General Operating Support | $10,000 |
| Brunswick School Greenwich, CT | General Operating Support | $25,000 |
| Catie's Closet Dracut, MA | General Operating Support | $25,000 |
| Center for Reproductive Rights New York, NY | General Operating Support | $20,000 |
| Ceres Inc Boston, MA | General Operating Support | $50,000 |
| Connecticut College New London, CT | General Operating Support | $10,000 |
| Doctors Without Borders New York, NY | General Operating Support | $50,000 |
| Doug Flutie Jr Foundation for Autism Inc Framingham, MA | General Operating Support | $10,000 |
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
Frequently Asked Questions
What does The Rands Foundation fund?
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.
How do I apply for a grant from The Rands Foundation?
**Grant Activity (2024)** • Total giving: $1,265,000 • Typical award range: $5,000–$250,000 • Number of grants: 35+ grants made in 2024 **Recent Notable Grants (2024)** • Esperanza Academy: $250,000 (General Operating Support) • Higher Achievement Program: $100,000 (General Operating Support) • Generic Ministry: $65,000 (General Operating Support) • Westwood Community Chest: $10,000 (General Operating Support) The foundation provides general operating support to its grantees.
Where does The Rands Foundation make grants?
The foundation's grantmaking extends across multiple states, with documented activity in: • Massachusetts • District of Columbia • New York
What size grants does The Rands Foundation award?
In 2024, The Rands Foundation awarded 37 grants totaling $1.3M — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is The Rands Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rands Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Rands Foundation's EIN?
The Rands Foundation's EIN (Employer Identification Number) is 87-0757900. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Rands 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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