The William F Connell Charitable Trust
The William F Connell Charitable Trust is a private family foundation established in 1986 in Massachusetts. Based in Boston, MA, the trust operates as a 501(c)(3) organization and has been tax-exempt since March 1987.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.1M
+1.3% YoY
Annual Giving
$1.2M
+1179.5% YoY
Grant Count
23
+76.9% YoY
Avg Grant Size
$53K
+623.2% YoY
Under IRS private-foundation payout rules, The William F Connell Charitable Trust reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust's grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation prioritizes funding in these areas with particular emphasis on education-related initiatives and STEM education support.
Grantmaking
Ready to take the next step with The William F Connell Charitable Trust?
Geographic Focus
Where this funder awards grants
The trust primarily funds organizations in:
- Massachusetts
- New Hampshire
- Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (2024):
- Total Assets: $30,065,410
- Revenue: $1,369,508
- Expenses: $1,398,736
- Net Income: -$29,228
- Total Liabilities: $35
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,065,445 | $29,694,186 | $2,207,271 |
| Revenue | $1,369,508 | $31,470,222 | $6,265 |
| Expenses | $1,398,736 | $95,222 | $103,367 |
| Qualifying Distributions | $1,215,491 | $95,000 | $100,000 |
| Net Investment Income | $1,355,314 | $9,808,304 | $42,131 |
| Distributable Amount | $1,729,939 | $789,400 | $144,651 |
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
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mass General Hospital 1894 Sh Pernod Ricard ($267,445), Boston College Student Athlete Community ($250,000), St Mary's High School- 356 Sh Martin Marietta ($204,593).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON COLLEGE CHESTNUT HILL, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $6,000 |
| BOSTON COLLEGE FLYNN FUND CHESTNUT HILL, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $20,000 |
| BOSTON COLLEGE LAW CHESTNUT HILL, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $500 |
| BOYS & GIRLS CLUB OF BOSTON BOSTON, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $2,500 |
| CAMPAIGN FOR CATHOLIC SCHOOLS BRAINTREE, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $15,000 |
| DEERFIELD ACADEMY DEERFIELD, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $5,000 |
| DEXTER SOUTHFIELD ANNUAL FUND BROOKLINE, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $50,000 |
| HARVARD BUSINESS SCHOOL BOSTON, MA | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $7,000 |
| HOLDERNESS SCHOOL HOLDERNESS, NH | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $1,500 |
| IBMA FOUNDATION BURLINGTON, NC | SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key trustees include:
- Monica C Healey
- Lisa T McNamea
- Courtenay E Connell
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MONICA C HEALEY | TRUSTEE | — | — |
| LISA T MCNAMARA | TRUSTEE | — | — |
| COURTENAY E CONNELL | TRUSTEE | — | — |
| WILLIAM C CONNELL | TRUSTEE | — | — |
| TERENCE A CONNELL | TRUSTEE | — | — |
| TIMOTHY P CONNELL | TRUSTEE | — | — |
Contact Information
Address: Lynch Fink, 6 Beacon St 415, Boston, MA 02108
Phone: 617-951-0800
EIN: 22-2778156
Frequently Asked Questions
What does The William F Connell Charitable Trust fund?
The trust's grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation prioritizes funding in these areas with particular emphasis on education-related initiatives and STEM education support.
How do I apply for a grant from The William F Connell Charitable Trust?
**Grant Activity:** • Total giving: $1,215,491 (most recent fiscal year) • Typical award range: $500–$267,445 • The foundation made 16 grants in a recent reporting period **Financial Capacity:** • Total assets: $30,065,445 • Annual revenue: $1,369,508 (fiscal year 2024)
Where does The William F Connell Charitable Trust make grants?
The trust primarily funds organizations in: • Massachusetts • New Hampshire • Virginia
What size grants does The William F Connell Charitable Trust award?
In 2024, The William F Connell Charitable Trust awarded 23 grants totaling $1.2M — an average of about $53K per grant, based on its IRS Form 990 filings.
How much is The William F Connell Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The William F Connell Charitable Trust reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The William F Connell Charitable Trust's EIN?
The William F Connell Charitable Trust's EIN (Employer Identification Number) is 22-2778156. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The William F Connell Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
The Goldman Sachs Charitable Gift Fund
NEW YORK, NY
Assets
$518.0M
Grants
2,485
Total Given
$212.1M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
Fidelity Foundation
BOSTON, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
More Funders in Massachusetts
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.