The Ruane Family Foundation

Private foundation · Grantmaker North Palm Beach, FL EIN: 46-1612574

THE RUANE FAMILY FOUNDATION is a private foundation based in North Palm Beach, Florida. In 2024, it reported making 13 grants totaling $4,253,692 to charitable organizations, including healthcare institutions, educational organizations, and community organizations.

Key facts about The Ruane Family Foundation

In short: The Ruane Family Foundation gave $5.5M across 14 grants in 2025 (avg $390K), mostly in Massachusetts. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
46-1612574
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,459,491
Grants made (2025)
14
Average grant
$389,964
Median grant
$10,000
New grantees (estimate)
36% first-time grantees (5 of 14, 2025)
Total assets
$54,501,398
Primary geography
Massachusetts (58% of itemized 2025 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, 2025; 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 2025 IRS Form 990-PF · View filing

Total Assets

$54.5M

+3.9% YoY

Annual Giving

$5.5M

+28.3% YoY

Grant Count

14

+7.7% YoY

Avg Grant Size

$390K

+19.2% YoY

Under IRS private-foundation payout rules, The Ruane Family Foundation reported a distributable amount of $5.6M for 2025 — the minimum it must pay out in qualifying distributions.

Is The Ruane Family Foundation open to new grantees?

36%

first-time grantees, 2025

In 2025, 5 of 14 grantees (36%) were first-time recipients. First grants averaged $256K; repeat grants $465K. How we count

Medians: $2K first-time, $10K repeat.

  • 57% of 2025 grantees were also funded in 2024. Method
  • Giving grew 166% from 2022 to 2025. Method
  • In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 foundation mission statement is provided. Its 2024 grants included support for hospitals and medical research, educational institutions, arts and music, and community services. For example, Jupiter Medical Center describes its mission as delivering compassionate healthcare and advancing community well-being, while the Boston Symphony Orchestra says it provides performances and educational and training programs. The Community House describes its work as providing facilities and programs to the community.

Grantmaking

In 2024, the foundation reported 13 grants totaling $4,253,692. Grant amounts ranged from $100 to $1,500,159, with a median grant of $25,000.

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Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed among recipients in Massachusetts (50%), Rhode Island (24%), Florida (24%), and New York (2%). These shares describe the locations of that year’s recipients.

Grant Distribution by State

8states

Share of 2025 grant dollars across all 14 itemized grants.

Cities

BostonBelmontBathesdaSouth HamiltonJupiterLynnNorth Palm BachNorth Palm BeachProvidenceAlbanyBeverlyBoynton BeachBraintreeBraseltonCohoesCoventryDanversFort PierceFraminghamLos Angeles

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M11 grants2020 11 grants2021 7 grants2022 7 grants2023 13 grants2024 14 grants2025

From 2020 to 2025, annual grant giving ranged from $1.2M (2021) to $5.5M (2025). In 2025 it made 14 grants totaling $5.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Providence College: $2.0MProvidence College$2.0MMassachusetts General Hospital: $1.6MMassachusetts General Hospital$1.6MCorey C Griffin Foudation: $1.0MCorey C Griffin Foudation$1.0MMassachusetts Eye & Eye: $500KMassachusetts Eye & Eye$500KGS Donor Advised Philanthropy Fund: $275KGS Donor Advised PhilanthropyFund$275KSt Mary's High School Foundation Inc: $100KSt Mary's High SchoolFoundation Inc$100KBoston Symphony Orchestra: $10KBoston Symphony Orchestra$10KLost Tree Village Charitable Foundation: $10KLost Tree Village CharitableFoundation$10KCystic Fibrosis Foundation: $5KCystic Fibrosis Foundation$5KThe Community House: $3KThe Community House$3K

The largest 2025 recipient was Providence College ($2.0M). Together the top 10 received $5.5M.

Grant Size Distribution

52 grants across all recorded years

35<$50K$50–100K4$100–250K1$250–500K3$500K–1M9$1–5M$5M+

The most common grant size was under $50K: 35 grants of 52 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Providence College Providence, RIVarious donations to support operating and capital funds, as well as scholarships, with an emphasis on the sports programs offered by the college.$2,002,911
Massachusetts General Hospital Boston, MATo support lifesaving patient care, leading-edge medical research and caregiver education programs of the hospital.$1,550,025
Corey C Griffin Foudation Braintree, MATo support high-impct educational, healthcare and mentorship programs for youth from under-resourced communities in Massachusetts.$1,000,031
Massachusetts Eye & Eye Boston, MATo find cures for blindness, deafness and diseases of the head and neck.$500,002
GS Donor Advised Philanthropy Fund Albany, NYA donor-advised fund that allows donors to make charitable contributions and recommend grants to qualified organizations.$275,000
St Mary's High School Foundation Inc Lynn, MATo support a variety of educational programs from arts and athletics to scholarships and aid at a catholic college-preparatory school educating students grades 6 to 12 from more than 30 communities on boston's north shore.$100,000
Boston Symphony Orchestra Boston, MATo support the organization's goal of making music consonant with the highest aspirations of the musical art, creating performance opportunities, and providing educational and training programs at the highest level of excellence.$10,000
Lost Tree Village Charitable Foundation North Palm Bach, FLContributions to agencies offering assistance to the needy of the local community$10,000
Cystic Fibrosis Foundation Bathesda, MDTo fund medical research and drug development to find a cure for cystic fibrosis.$5,000
The Community House South Hamilton, MATo inspire, uplift and care for all people in the hamilton-wenham communities.$2,500

Financial History

Multi-year comparison from IRS filings

Filing year Grants reported Grant count
2024 $4,253,692 13
2023 $1,716,696 7
2022 $2,051,754 7
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$54,501,398$52,465,567$51,521,095
Revenue$3,977,365$1,855,620$2,358,077
Expenses$5,888,075$4,613,227$2,069,576
Qualifying Distributions$5,459,491$4,253,692$1,716,696
Net Investment Income$3,500,907$1,356,329$2,005,197
Distributable Amount$5,568,406$4,902,763$3,969,710

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS December 2, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 11, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS July 9, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michael A Ruane, Elizabeth J Ruane, Michael A Bass, and John Curtis as trustees.

The Ruane Family Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Elizabeth J. Ruane

    Trustee

    On filings since 2020

    No compensation reported

  • John Curtis

    Trustee

    On filings since 2020

    No compensation reported

  • Michael A. Bass

    Trustee

    On filings since 2020

    No compensation reported

  • Michael A. Ruane

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 11941 Turtle Beach Rd, North Palm Beach, FL 33408
Phone: (561) 293-2914

Frequently asked questions about The Ruane Family Foundation

How much does The Ruane Family Foundation give each year?

The Ruane Family Foundation gave $5.5M across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.3M across 13 grants.

What is The Ruane Family Foundation's typical grant size?

The Ruane Family Foundation's median grant in 2025 was $10,000, and its average grant was $389,964, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Ruane Family Foundation that year got $256K on average.

Where does The Ruane Family Foundation give grants?

The Ruane Family Foundation gives mostly in Massachusetts: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Rhode Island (37%) and New York (5%). The most frequent recipient cities were Boston, MA (3 grants).

Does The Ruane Family Foundation give general operating support?

Occasionally: 7% of The Ruane Family Foundation's 2025 grants with a stated purpose (1 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Ruane Family Foundation's largest grantees?

The Ruane Family Foundation's largest 2025 grantees include Providence College ($2,002,911), Massachusetts General Hospital ($1,550,025) and Corey C Griffin Foudation ($1,000,031), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.

How large is The Ruane Family Foundation?

The Ruane Family Foundation reported $54.5M in total assets on its 2025 IRS Form 990-PF. It paid out $5.5M in qualifying distributions that year, against a required minimum of $5.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does The Ruane Family Foundation fund?

No foundation mission statement is provided. Its 2024 grants included support for hospitals and medical research, educational institutions, arts and music, and community services. See mission & focus areas ↑

How do I apply for a grant from The Ruane Family 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 Ruane Family Foundation's EIN?

The Ruane Family Foundation's EIN (Employer Identification Number) is 46-1612574. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Ruane Family 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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