We Share A Common Thread Foundation Inc
We Share A Common Thread Foundation Inc is a private foundation based in Lowell, Massachusetts, affiliated with Jeanne D’Arc Credit Union. It supports community needs through charitable giving.
We Share A Common Thread Foundation Inc at a glance
In short: We Share A Common Thread Foundation Inc gave $374K across 1 grant in 2024 (avg $374K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $374,188
- +0.9% vs 2023
- Grants made (2024)
- 1
- -99.6% vs 2023
- Average grant
- $374,188
- +22911.8% vs 2023
- Median grant
- $374,188
- Total assets
- $481,301
- +14.5% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to We Share A Common Thread Foundation Inc
- How to Apply
-
Contact Alison Hughes. See the application form for materials, deadlines, and award restrictions.
- Contact
Application contact: Alison Hughes
Mailing address: 1 Tremont Place, Lowell, MA 01854
Phone: (978) 323-4712
Email: alison.hughes@jdcu.com
Website: https://www.weshareacommonthread.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who We Share A Common Thread Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Total Contributions Paid ($374K).
Grant Size Distribution
830 grants across all recorded years
The most common grant size was under $50K: 829 grants of 830 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to Massachusetts recipients.
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How We Share A Common Thread Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−13%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $371K (2023) to $432K (2021). In 2024 it made 1 grant totaling $374K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Total Contributions Paid Lowell, MA | Exempt Purpose | $374,188 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $481,301 | $441,537 | $380,463 | $374,188 | 1 | $393,463 | $6,681 | $23,812 |
| 2023 | $420,227 | $451,835 | $376,416 | $370,744 | 228 | $376,216 | $6,681 | $19,934 |
| 2022 | $344,808 | $435,556 | $408,397 | $406,252 | 232 | $408,397 | $6,292 | $15,516 |
| 2021 | $317,649 | $492,751 | $461,256 | $432,300 | 192 | $461,018 | $6,299 | $14,255 |
| 2020 | $286,154 | $475,254 | $403,194 | $398,158 | 177 | — | $6,290 | $12,720 |
Under IRS private-foundation payout rules, We Share A Common Thread Foundation Inc reported a distributable amount of $24K for 2024 — 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 mission is to help people in the community by providing assistance with food, shelter, clothing, health, and education.
Grantmaking
The foundation reported giving $370,744 through 228 grants in 2023. In 2024, it reported one grant totaling $374,188, listed as “Total Contributions Paid” for an exempt purpose. The filing states that the foundation does not restrict giving to preselected organizations. Its 2024 filing, the latest on this page, reports 1 grant totaling $374,188.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark Cochran as President & CEO through August 2024 and Larissa Thurston as President & CEO as of August 2024. It also lists Alison Hughes as Clerk, Kara Doyle and Robin Lorenzen as Directors, and Michael Dubuque as Treasurer through October 2024.
We Share A Common Thread Foundation Inc is led by Mark S. Cochran, President & CEO since 2024 (on filings since 2020); none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark S. Cochran
President & CEO
President & Director → President & CEO, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Larissa Thurston
President & CEO
New on the 2024 filing
0.5 hrs/week
No compensation reported
Kara Doyle
Director
Clerk & Director → Director, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Robin Lorenzen
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Alison Hughes
Clerk
Director → Clerk & Director, 2021
Clerk & Director → Clerk, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Michael Dubuque
Treasurer
Treasurer & Director → Treasurer, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 We Share A Common Thread Foundation Inc
How much does We Share A Common Thread Foundation Inc give each year?
We Share A Common Thread Foundation Inc gave $374K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $371K across 228 grants.
How large is We Share A Common Thread Foundation Inc?
We Share A Common Thread Foundation Inc reported $481K in total assets on its 2024 IRS Form 990-PF. It paid out $393K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).
What does We Share A Common Thread Foundation Inc fund?
The foundation’s stated mission is to help people in the community by providing assistance with food, shelter, clothing, health, and education. See mission & focus areas ↑
How do I apply for a grant from We Share A Common Thread Foundation Inc?
Contact Alison Hughes. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does We Share A Common Thread Foundation Inc make grants?
All grant dollars reported for 2024 went to Massachusetts recipients.
What is We Share A Common Thread Foundation Inc's EIN?
We Share A Common Thread Foundation Inc's EIN (Employer Identification Number) is 45-2916988. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from We Share A Common Thread Foundation Inc'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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