Worthwhile Life Incorporated
Worthwhile Life Incorporated is a private foundation, based in Hingham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $108K in total assets. In 2024, it awarded 2 grants totaling $42K. Net investment income was $2K.
Worthwhile Life Incorporated at a glance
In short: Worthwhile Life Incorporated gave $42K across 2 grants in 2024 (avg $21K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $41,787
- -22.7% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $20,894
- +15.9% vs 2023
- Median grant
- $20,894
- Total assets
- $107,855
- -21.9% 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 September 2026.
Who Worthwhile Life Incorporated funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Individuals ($33K). Together the top 2 received $42K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 40 grants of 40 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Worthwhile Life Incorporated gives
- Giving held roughly steady from 2021 to 2024 (+3%). Method
- In 2024 it paid out 693% of 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 $27K (2020) to $71K (2022). In 2024 it made 2 grants totaling $42K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Individuals Hingham, MA | Donation | $32,787 |
| The Jimmy Fund Brookline, MA | Donation | $9,000 |
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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 | $107,855 | $18,329 | $48,640 | $41,787 | 2 | $41,787 | $2,265 | $6,027 |
| 2023 | $138,166 | $20,780 | $63,111 | $54,060 | 3 | $54,060 | — | $5,381 |
| 2022 | $180,497 | $137,358 | $107,141 | $71,085 | 12 | $71,085 | $33 | $4,803 |
| 2021 | $147,950 | $111,679 | $66,591 | $40,455 | 13 | $40,455 | $34 | $6,187 |
| 2020 | $102,862 | $20,643 | $35,265 | $27,224 | 10 | — | $41 | $5,415 |
Under IRS private-foundation payout rules, Worthwhile Life Incorporated reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Worthwhile Life Incorporated is led by Brian McGeoghegan, President, Director, Treasurer & Clerk since 2024 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Brian McGeoghegan
President, Director, Treasurer & Clerk
President & Director → President, Director, Treasurer & Clerk, 2024
On filings since 2020
2 hrs/week
No compensation reported
Former officers (2)
- Former: Kim McGeoghegan (2020–2023) — Clerk & Director
- Former: Marc A. Paquette (2020–2023) — Treasurer & Director
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 Worthwhile Life Incorporated
How much does Worthwhile Life Incorporated give each year?
Worthwhile Life Incorporated gave $42K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $54K across 3 grants.
How large is Worthwhile Life Incorporated?
Worthwhile Life Incorporated reported $108K in total assets on its 2024 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
Where does Worthwhile Life Incorporated operate?
Worthwhile Life Incorporated has awarded grants in California, Florida, Georgia, Massachusetts, Nebraska, Vermont.
What is Worthwhile Life Incorporated's EIN?
Worthwhile Life Incorporated's EIN (Employer Identification Number) is 26-3377520. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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