The Willowbank Foundation
MARBLEHEAD, MA EIN: 04-6819602
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.7M
-6.3% YoY
Annual Giving
$175K
-22.2% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$88K
+16.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,659,004 | $1,769,817 | $1,710,924 |
| Revenue | $76,594 | $308,460 | $579,336 |
| Expenses | $190,142 | $235,306 | $12,970 |
| Qualifying Distributions | $175,000 | $225,000 | — |
| Net Investment Income | $67,417 | $299,663 | $171,850 |
| Distributable Amount | $96,518 | $89,673 | $90,210 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Willowbank Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN J LOCKWOOD | TRUSTEE | — | — |
| FRANCES R LOCKWOOD | TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $225K (56%)
Pennsylvania $100K (25%)
Virginia $50K (13%)
Florida $25K (6%)
Cities
BostonLower GwyneddNaplesVirginia Beach
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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