The Spark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTWOOD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $639K in total assets. In 2024, it awarded 7 grants totaling $70K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$639K
-1.1% YoY
Annual Giving
$70K
+27.3% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$10K
+27.3% YoY
Under IRS private-foundation payout rules, The Spark Foundation reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About The Spark Foundation
Based on IRS filings
The Spark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTWOOD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $639K in total assets. In 2024, it awarded 7 grants totaling $70K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $639,037 | $645,844 | $635,420 |
| Revenue | $67,795 | $70,933 | $193,594 |
| Expenses | $74,602 | $60,509 | $48,583 |
| Qualifying Distributions | $74,602 | $58,886 | $48,583 |
| Net Investment Income | $43,795 | $60,884 | $93,594 |
| Distributable Amount | $45,751 | $40,220 | $39,717 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston Higher Ed Resosurce Center ($15,000), Minds Mattter Boston ($15,000), School on Wheels Ma ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 826 BOSTON ROXBURY, MA | CHARITABLE | $5,000 |
| BOSTON HIGHER ED RESOSURCE CENTER BOSTON, MA | CHARITABLE | $15,000 |
| CAPE COD CHILDREN'S PLACE EASTHAM, MA | CHARITABLE | $7,500 |
| TEENS IN PRINT - WRITE BOSTON JAMAICA PLAIN, MA | CHARITABLE | $5,000 |
| MINDS MATTTER BOSTON BOSTON, MA | CHARITABLE | $15,000 |
| SCHOOL ON WHEELS MA EAST BRIDGEWATER, MA | CHARITABLE | $15,000 |
| THE CHILDREN'S CENTER -HARWICH ECUMENICAL COUNCIL FOR HOUSING WEST HARWICH, MA | CHARITABLE | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM HANNIGAN | TRUSTEE | 1 | — |
| MARY-JO HANNIGAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Spark Foundation?
The Spark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTWOOD, MA. It holds $639K in total assets as of 2024.
How large is The Spark Foundation?
As of 2024, The Spark Foundation holds $639K in total assets with $68K in annual revenue. It awarded 7 grants totaling $70K in 2024.
Where does The Spark Foundation operate?
The Spark Foundation has awarded grants in Massachusetts.
What size grants does The Spark Foundation award?
In 2024, The Spark Foundation awarded 7 grants totaling $70K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Spark Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Spark Foundation reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Spark Foundation's EIN?
The Spark Foundation's EIN (Employer Identification Number) is 47-7106346. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Spark Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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