Zachary and Lindsey Gund Foundation
The Zachary and Lindsey Gund Foundation is a private foundation based in Concord, Massachusetts. Established in 2003, it operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking.
Key facts about Zachary and Lindsey Gund Foundation
- EIN
- 01-0752786
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,671,100
- Grants made (2024)
- 37
- Average grant
- $45,165
- Median grant
- $2,500
- New grantees (estimate)
- 17% first-time grantees (6 of 36, 2024)
- Total assets
- $1,788,753
- Primary geography
- Massachusetts (70% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Zachary and Lindsey Gund Foundation funds
By grant dollars, the top recipient states for Zachary and Lindsey Gund Foundation's 37 itemized 2024 grants were Massachusetts (70%) and Vermont (27%). The most frequent recipient cities were Concord, MA (10 grants), Burlington, VT (4 grants), Boston, MA (3 grants) and Nantucket, MA (3 grants). None of its 37 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Help Further Charitable Purposes of Organization." (32 grants) and "To Help Further Charitable Purpose of Organization." (4 grants).
Is Zachary and Lindsey Gund Foundation open to new grantees?
17%
first-time grantees, 2024
In 2024, 6 of 36 grantees (17%) were first-time recipients. First grants averaged $140K; repeat grants $28K. How we count
Medians: $18K first-time, $3K repeat.
- 75% of 2024 grantees were also funded in 2023. Method
- Giving grew 197% from 2021 to 2024. Method
- In 2024 it paid out 869% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). 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 Zachary and Lindsey Gund Foundation
- How to evaluate Zachary and Lindsey Gund Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-39.1% YoY
Annual Giving
$1.7M
+95.0% YoY
Grant Count
37
+8.8% YoY
Avg Grant Size
$45K
+79.2% YoY
Under IRS private-foundation payout rules, Zachary and Lindsey Gund Foundation reported a distributable amount of $194K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation supports educational institutions and charitable purposes through its grantmaking activities.
Grantmaking
Typical grant awards range from $100,000 to $200,000. In 2023, the foundation made 31 grants totaling $856,850.
Grant Range
s & Activity**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- Vermont
- Virginia
Grant Distribution by State
Share of all 37 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $2,934,975
- Total Giving: $856,850
- Total Expenses: $901,577
- Total Revenues: -$194,170
As of 2024:
- Total Assets: $1,790,000
- Total Expenses: $1,717,806
- Total Revenues: $567,327
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,788,753 | $2,934,975 | $4,038,012 |
| Revenue | $567,327 | $-194,170 | $150,716 |
| Expenses | $1,717,806 | $901,577 | $904,375 |
| Qualifying Distributions | $1,689,550 | $875,300 | $875,880 |
| Net Investment Income | $539,071 | $55,235 | $69,305 |
| Distributable Amount | $194,398 | $213,680 | $249,212 |
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
169 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The MGH Transformative Scholars in CSF Disorders Endowed Fund ($750,000), University of Vermont Foundation ($300,000 across 2 grants), Nashoba Brooks School ($175,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE MGH TRANSFORMATIVE SCHOLARS IN CSF DISORDERS ENDOWED FUND Boston, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $750,000 |
| UNIVERSITY OF VERMONT FOUNDATION Burlington, VT | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $200,000 |
| NASHOBA BROOKS SCHOOL Concord, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION | $175,000 |
| UNIVERSITY OF VERMONT FOUNDATION - ENVIRONMENT Burlington, VT | TO HELP FURTHER CHARITABLE PURPOSE OF ORGANIZATION. | $150,000 |
| UNIVERSITY OF VERMONT FOUNDATION Burlington, VT | TO HELP FURTHER CHARITABLE PURPOSE OF ORGANIZATION. | $100,000 |
| GROTON SCHOOL- ANNUAL APPEAL Groton, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $50,000 |
| GROTON SCHOOL- GARDENER VILLAGE PLEDGE Groton, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $50,000 |
| HARVARD SCHOOL OF DENTAL MEDICINE-RESTORATIVE DENTISTRY AND BIOMATERIALS SC Cambridge, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $50,000 |
| FENN SCHOOL Concord, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $30,000 |
| VANDERBILT UNIVERSITY New York, NY | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Zachary Gund and Lindsey Gund serve as the foundation's namesakes and principals. Zachary Gund is a University of Vermont alumnus (class of 1993).
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gordon Z Gund | Trustee | 1 | — |
| Lindsey S Gund | Trustee | 0.5 | — |
Recent News & Activity
Recent developments and announcements
In 2017, Zachary and Lindsey Gund, along with other members of the Gund family, made a $6 million gift to the University of Vermont to create the Gund Institute for Environment. This initiative replaced and expanded the scope of the previously established Gund Institute for Ecological Economics (founded in 2002) and was designed to catalyze interdisciplinary environmental research and address global sustainability challenges.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Zachary and Lindsey Gund Foundation fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation supports educational institutions and charitable purposes through its grantmaking activities.
How do I apply for a grant from Zachary and Lindsey Gund Foundation?
**Grant Sizes & Activity** Typical grant awards range from $100,000 to $200,000. In 2023, the foundation made 31 grants totaling $856,850. **Recent Grantees (2023)** Notable grants made include: • Nashoba Brooks School: $175,000 • Concord-Carlisle Community Chest: $101,000 • Groton School: $50,000 Additional grants totaling $438,350 were distributed to 21 other organizations.
Where does Zachary and Lindsey Gund Foundation make grants?
The foundation primarily funds organizations in: • Massachusetts • Vermont • Virginia
What size grants does Zachary and Lindsey Gund Foundation award?
In 2024, Zachary and Lindsey Gund Foundation awarded 37 grants totaling $1.7M — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Zachary and Lindsey Gund Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Zachary and Lindsey Gund Foundation reported a distributable amount of $194K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Zachary and Lindsey Gund Foundation's EIN?
Zachary and Lindsey Gund Foundation's EIN (Employer Identification Number) is 01-0752786. 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. Research dossier generated April 2026.