THL Charitable Foundation
THL Charitable Foundation is a private foundation based in Boston, Massachusetts. In its 2025 filing, it said it focuses on securing access to basic needs, advancing the pursuit of education, and inspiring the next generation of finance, supporting partner organizations aligned with those pillars through funding and service efforts.
THL Charitable Foundation at a glance
In short: THL Charitable Foundation gave $324K across 12 grants in 2025 (avg $27K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $323,500
- -14.3% vs 2024
- Grants made (2025)
- 12
- +20.0% vs 2024
- Average grant
- $26,958
- -28.6% vs 2024
- Median grant
- $5,000
- Total assets
- $5,992
- -13.1% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to THL Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 100 Federal Street 35Th Floor, Boston, MA 02110-1802
Phone: (617) 227-1050
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who THL Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Project Hope Boston Inc ($100K). Together the top 10 received $321K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 30 grants of 45 (67%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2025 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
Cities
How THL Charitable Foundation gives
- 58% of 2025 grantees were also funded in 2024. Method
- Giving fell 37% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $20K (2021) to $1.1M (2020). In 2025 it made 12 grants totaling $324K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Project Hope Boston Inc Roxbury, MA | Partnership Grant | $100,000 |
| Steppingstone Foundation Inc Boston, MA | Partnership Grant | $100,000 |
| Leadership Brainery Boston, MA | Partnership Grant | $65,000 |
| Givinga Foundation Wellesley, MA | Charitable Research | $30,000 |
| Minds Matter of Boston Inc Boston, MA | Annual Gift Initiative | $10,000 |
| Pine Street Inn Inc Boston, MA | General Welfare | $5,000 |
| MSPCA Angell Boston, MA | General Welfare | $5,000 |
| Playworks Education Energized Boston, MA | General Welfare | $2,500 |
| Christopher's Haven Inc Boston, MA | General Welfare | $1,500 |
| Community Servings Inc Jamaica Plain, MA | General Welfare | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $5,992 | $329,500 | $333,000 | $323,500 | 12 | $333,000 | $1,554 |
| 2024 | $6,893 | $204,500 | $387,000 | $377,500 | 10 | $387,000 | $4,138 |
| 2023 | $222,992 | $558,900 | $449,808 | $440,908 | 11 | $449,808 | $7,184 |
| 2022 | $113,900 | $541,475 | $516,475 | $516,475 | 10 | $516,475 | $9,039 |
| 2021 | $88,900 | — | $20,000 | $20,000 | 2 | $20,000 | $3,488 |
| 2020 | $108,900 | $1,233,900 | $1,125,000 | $1,125,000 | 14 | — | $8,515 |
Under IRS private-foundation payout rules, THL Charitable Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated focus areas are basic needs, education, and inspiring the next generation of finance. It says it selects a partner organization aligned with each pillar.
Its 2025 grants included support for organizations whose own missions address college access and success, poverty, homelessness, and other needs. For example, Steppingstone Foundation says it prepares students to access, navigate, and graduate from college. Project Hope Boston describes its work as partnering with women and families in Dorchester and Roxbury on journeys out of poverty. Pine Street Inn says its mission is to end homelessness.
Grantmaking
In 2025, the foundation gave $323,500 through 12 grants. Grant amounts ranged from $1,500 to $100,000, with a median grant of $5,000.
The largest 2025 grants were $100,000 each to Project Hope Boston and Steppingstone Foundation, and $65,000 to Leadership Brainery. Other grants included $30,000 to Givinga Foundation, $10,000 to Minds Matter of Boston, and $5,000 each to Pine Street Inn and MSPCA Angell.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Ganesh Rao as president, Kristen Roberts as treasurer, and Jayne Kelly as secretary. Directors listed are Todd Abbrecht, Mark Abodeely, Josh Bresler, Rob Spies, Reid Fitzgerald, Kim Curry, and Jennifer Ward.
THL Charitable Foundation is led by Ganesh Rao, President on the 2025 filing; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ganesh Rao
President
New on the 2025 filing
1 hr/week
No compensation reported
Todd Abbrecht
Director
On filings since 2020
1 hr/week
No compensation reported
Jennifer Ward
Director
On filings since 2021
1 hr/week
No compensation reported
Josh Bresler
Director
On filings since 2021
1 hr/week
No compensation reported
Mark Abodeely
Director
On filings since 2021
1 hr/week
No compensation reported
Rob Spies
Director
On filings since 2021
1 hr/week
No compensation reported
Kim Curry
Director
On filings since 2023
1 hr/week
No compensation reported
Reid Fitzgerald
Director
On filings since 2023
1 hr/week
No compensation reported
Josh Zeitz
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jayne Kelly
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Kristen Roberts
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Anthony Dinovi (2020–2024) — Director
- Former: Michael McDonnell (2020–2024) — Treasurer
- Former: Rachel Coburn (2021–2024) — Secretary
- Former: Stephanie S. Stamatos (2020–2022) — Director
- Former: Julia Lastrange Stern (2021–2022) — Director
- Former: Gregory A. White (2020) — Director
- Former: Scott M. Sperling (2020) — Director
- Former: Thomas Hagerty (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about THL Charitable Foundation
How much does THL Charitable Foundation give each year?
THL Charitable Foundation gave $324K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $378K across 10 grants.
What is THL Charitable Foundation's typical grant size?
THL Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $26,958, across 12 grants on its 2025 IRS Form 990-PF.
Where does THL Charitable Foundation give grants?
THL Charitable Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (9 grants).
Does THL Charitable Foundation give general operating support?
Yes: 50% of THL Charitable Foundation's 2025 grants with a stated purpose (6 of 12) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Partnership Grant" (4 grants).
Who are THL Charitable Foundation's largest grantees?
THL Charitable Foundation's largest 2025 grantees include Project Hope Boston Inc ($100,000), Steppingstone Foundation Inc ($100,000) and Leadership Brainery ($65,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.
How large is THL Charitable Foundation?
THL Charitable Foundation reported $6K in total assets on its 2025 IRS Form 990-PF. It paid out $333K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What does THL Charitable Foundation fund?
The foundation’s stated focus areas are basic needs, education, and inspiring the next generation of finance. It says it selects a partner organization aligned with each pillar. See mission & focus areas ↑
How do I apply for a grant from THL Charitable Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does THL Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). THL Charitable Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/thl-charitable-foundation-morg_374b041b92aa4b49ae1618a44f589ac3
BibTeX
@misc{grantable_850549812_2026,
author = {{Grantable}},
title = {{THL Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/thl-charitable-foundation-morg_374b041b92aa4b49ae1618a44f589ac3},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from THL Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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