THL Charitable Foundation
THL Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 10 grants totaling $378K.
Key facts about THL Charitable Foundation
- EIN
- 85-0549812
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $377,500
- Grants made (2024)
- 10
- Average grant
- $37,750
- Median grant
- $20,000
- Total assets
- $6,893
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who THL Charitable Foundation funds
By grant dollars, the top recipient states for THL Charitable Foundation's 10 itemized 2024 grants were Massachusetts (100%). The most frequent recipient cities were Boston, MA (6 grants). 30% of grants with a stated purpose were for general or operating support. Recurring purposes include "Partnership Grant" (4 grants).
How THL Charitable Foundation gives
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 1788% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with THL Charitable Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
-96.9% YoY
Annual Giving
$378K
-14.4% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$38K
-5.8% YoY
Under IRS private-foundation payout rules, THL Charitable Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About THL Charitable Foundation
Based on IRS filings
THL Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 10 grants totaling $378K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,893 | $222,992 | $113,900 |
| Revenue | $204,500 | $558,900 | $541,475 |
| Expenses | $387,000 | $449,808 | $516,475 |
| Qualifying Distributions | $387,000 | $449,808 | $516,475 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,138 | $7,184 | $9,039 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boston Schools Fund Inc ($100,000), Steppingstone Foundation Inc ($100,000), Project Hope Boston Inc ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON SCHOOLS FUND INC Boston, MA | PARTNERSHIP GRANT | $100,000 |
| STEPPINGSTONE FOUNDATION INC Boston, MA | PARTNERSHIP GRANT | $100,000 |
| PROJECT HOPE BOSTON INC Roxbury, MA | PARTNERSHIP GRANT | $75,000 |
| LEADERSHIP BRAINERY Boston, MA | PARTNERSHIP GRANT | $35,000 |
| UNITED WAY OF MASSACHUSETTS BAY Boston, MA | SPONSORSHIP | $25,000 |
| GIVINGA FOUNDATION Wellesley, MA | CHARITABLE RESEARCH | $15,000 |
| MINDS MATTER OF BOSTON INC Boston, MA | ANNUAL GIFT INITIATIVE | $10,000 |
| PLAYWORKS EDUCATION ENERGIZED Boston, MA | GENERAL WELFARE | $7,500 |
| CRADLES TO CRAYONS Newton, MA | GENERAL WELFARE | $5,000 |
| COMMUNITY SERVINGS INC Jamaica Plain, MA | GENERAL WELFARE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael McDonnell | Treasurer | 1 | — |
| Rachel Coburn | Secretary | 1 | — |
| Todd Abbrecht | Director | 1 | — |
| Anthony Dinovi | Director | 1 | — |
| Mark Abodeely | Director | 1 | — |
| Josh Bresler | Director | 1 | — |
| Rob Spies | Director | 1 | — |
| Reid Fitzgerald | Director | 1 | — |
| Kim Curry | Director | 1 | — |
| Jennifer Ward | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is THL Charitable Foundation?
THL Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds $7K in total assets as of 2024.
How large is THL Charitable Foundation?
As of 2024, THL Charitable Foundation holds $7K in total assets with $205K in annual revenue. It awarded 10 grants totaling $378K in 2024.
Where does THL Charitable Foundation operate?
THL Charitable Foundation has awarded grants in District of Columbia, Iowa, Illinois, Massachusetts, New York, Pennsylvania.
What size grants does THL Charitable Foundation award?
In 2024, THL Charitable Foundation awarded 10 grants totaling $378K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is THL Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, THL Charitable Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is THL Charitable Foundation's EIN?
THL Charitable Foundation's EIN (Employer Identification Number) is 85-0549812. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.