The William F Connell Charitable Trust

BOSTON, MA EIN: 22-2778156

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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Geographic Focus

Where this funder awards grants

The trust primarily funds organizations in:

  • Massachusetts
  • New Hampshire
  • Virginia

Grant Distribution by State

10states
+2 more states

Cities

AndoverBerkeleyBostonBraintreeBrooklineBurlingtonChestnut HillChicagoDeerfieldEdgartownHarrisonburgHartfordHoldernessLake ForestLas VegasLynnNashvilleScarsdaleWinnetka

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$17M$26M$35M20202021202220232024
Metric202420232022
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

$0$304K$608K$912K$1M16 grants202016 grants202116 grants202213 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MASS GENERAL HOSPITAL 18…$267KBOSTON COLLEGE STUDENT A…$250KST MARY'S HIGH SCHOOL- 3…$205KMGH CONNELL FUND FOR PAT…$116KBPS FOUNDATION$100KBOSTON COLLEGE HIGH SCHO…$98KDEXTER SOUTHFIELD ANNUAL…$50KMASS GENERAL HOSPITALMGH…$28KBOSTON COLLEGE FLYNN FUND$20KCAMPAIGN FOR CATHOLIC SC…$15K

Grant Size Distribution

84 grants across all recorded years

77<$50K2$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

NameTitleHoursCompensation
MONICA C HEALEYTRUSTEE
LISA T MCNAMARATRUSTEE
COURTENAY E CONNELLTRUSTEE
WILLIAM C CONNELLTRUSTEE
TERENCE A CONNELLTRUSTEE
TIMOTHY P CONNELLTRUSTEE

Contact Information

Address: Lynch Fink, 6 Beacon St 415, Boston, MA 02108

Phone: 617-951-0800

EIN: 22-2778156

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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