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Lathrop Home is a private corporation based in NORTHAMPTON, MA. The foundation received its IRS ruling in 1938. It holds total assets of $7.3M. Annual income is reported at $5.1M. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2023. Contributions to this foundation are tax-deductible.
Lathrop Home is not a working prospect for grant seekers, and understanding why is the most useful thing this report can convey. IRS filings classify it as foundation code "02" — a private operating foundation — meaning it exists to run its own direct charitable program rather than to fund outside nonprofits. That program is a 39-resident assisted-living and skilled-nursing home at 215 South St in Northampton, MA, founded in 1884 by a group of Northampton and Florence church women as a "home for the sick" and renamed in 1920 to honor founder Clara Lathrop. Its own website (lathrophome.org) describes 24/7 nursing care, dining, housekeeping, maintenance, and resident activities — a service delivery model, not a grantmaking one.
The data confirms this from every angle: `grants_paid` is $0 in all ten fiscal years on record (2011-2023), the grantee list (`top_50`) is empty with `total_grants: 0`, no peer foundations are on file, no public grant opportunities matched, and the `application_instructions` field is literally `__none__`. The `total_giving` figures reported in the financials ($2.8M in FY2023, for example) are program service expenditures for operating the home itself, not charitable distributions to other 501(c)(3)s — a distinction that matters enormously for anyone building a funder prospect list.
For nonprofits and grant writers, the actionable path is a reframe: Lathrop Home is a potential institutional donor or community partner, not a funder to apply to. Organizations providing elder services, hospice support, volunteer programs, or activities enrichment in Hampshire County could approach Lathrop Home about in-kind collaboration or invite its board to support a shared initiative — but there is no LOI, portal, or proposal process to submit through, because none exists. Families or individuals seeking residency should instead contact admissions directly at (413) 584-2865 or info@lathrophome.org. Anyone who added Lathrop Home to a prospect research list based on its IRS "grantmaker" flag or its ~$5.4M-$7.3M asset base should remove it or reclassify it as a peer/partner organization rather than a funding source.
There are no external grants to analyze — that is the central funding pattern here. Across every fiscal year in the dataset (2011 through 2023), `grants_paid` is $0.00 and the matched grantee list contains zero records. There is no median grant size, no smallest/largest award, and no program-area or geographic breakdown to report, because Lathrop Home has never made a third-party grant in its filing history on record.
What the financials do show is the trajectory of a small, aging operating foundation funding its own elder-care mission. Total assets have declined steadily from a high of $6.75M in FY2013 to $5.42M in FY2023 (BMF snapshot separately lists $7.25M in assets and $5.09M in income, likely from a different filing year than the financial history table). Meanwhile, total giving — which here means total program spending on running the home — rose from $1.35M in FY2013/2014 to $2.81M in FY2023, roughly doubling over a decade as care costs and staffing expenses climbed faster than the endowment could keep pace. Total revenue has been comparatively flat, running $1.2M-$2.9M annually with no clear growth trend, meaning the foundation has likely been drawing down principal or reserves in several recent years to cover rising program costs.
Net investment income has been volatile — $664,615 in FY2015 versus $106,909 in FY2020 and $174,365 in FY2023 — consistent with a modest endowment exposed to market swings rather than a large, professionally diversified portfolio. Contributions received are the most notable line item: after sitting at $180-$7,950 annually every year from 2011 through 2020, they spiked to $318,228 in FY2023 — an order-of-magnitude jump that suggests a bequest, memorial gift, or a new fundraising effort, though the specific source could not be confirmed from public data or web search. In short: this is an organization funding itself, on a slowly eroding asset base, not one distributing money to others.
Because Lathrop Home does not fund outside organizations, the more useful comparison is against other small, Northampton-area private operating foundations that run their own elder-care programs rather than distribute grants. Financial detail for these peers is thinner in public sources than for active grantmakers, which is itself informative — these are mission-delivery organizations, not funders, and are not tracked by grants databases the way foundations are.
| Organization | Assets | Annual Giving/Program Spend | Primary Focus | Application |
|---|---|---|---|---|
| Lathrop Home (Northampton) | $5.4M (FY2023) / $7.25M (BMF) | $2.81M (FY2023, self-operated program) | Residential/assisted living for ~39 elderly individuals | No grants program — admissions-based |
| Lathrop Community, Inc. (Easthampton, Kendal-affiliated) | Not publicly itemized in this research | Not publicly itemized in this research | Independent + supported living CCRC, Easthampton/Northampton | No grants program — resident admissions |
| Loomis Housing Corporation (Holyoke) | $108.2M (FY2023) | $17.8M in reported expenses (FY2023) | Continuing care retirement communities, Pioneer Valley | No grants program — resident admissions |
| Rockridge Retirement Community (Northampton) | Not publicly itemized in this research | Not publicly itemized in this research | Independent/assisted living, part of Deaconess Abundant Life Communities | No grants program — resident admissions |
Every organization in this peer set shares Lathrop Home's structure: they are mission-delivery operating charities serving seniors directly, not intermediary funders. Loomis Housing Corporation is roughly 20x Lathrop Home's asset size, reflecting a multi-campus CCRC model versus Lathrop Home's single 39-bed facility, but the operating logic — spend endowment and resident fees on direct care rather than third-party grants — is identical across the group. Grant seekers scanning this peer set for funding opportunities will come up empty on all four; the appropriate use case is service partnerships, referral pipelines, or fundraising/donor-prospect research aimed at these organizations, not grant applications to them.
No foundation-specific news coverage, leadership announcement, or program launch tied to Lathrop Home in Northampton, MA could be located for 2025 or 2026 despite four targeted web searches. Search results were dominated by unrelated, similarly named entities: the City of Lathrop, California's municipal CDBG/HOME grant programs; the Lathrop Homes public-housing redevelopment in Chicago (which cleared a City Council funding vote around April 2026); and Lathrop Community, a separate Kendal-affiliated continuing care retirement community in Easthampton, MA. None of these are the Northampton assisted-living home covered in this report.
The most concrete recent signal is internal to the financial data rather than external news: contributions received jumped to $318,228 in fiscal year 2023, compared with figures ranging from $180 to $7,950 in every prior year back to 2011. That is roughly a 40x increase over the historical baseline and the single most notable change in the organization's recent financial history — plausibly a bequest, memorial gift, or a new donor-development push, though no public announcement confirming the cause was found.
The board/leadership roster on file also shows signs of turnover between filing years: Colleen Bugbee appears as both President and, on an earlier filing, Treasurer; Susie Mccrea appears as both Secretary and President; and Lisa Kmetz, Margaret Pitzer, and Jim Spencer appear only in what looks like an older leadership slate alongside Erik Lamothe, David Viamari, Elizabeth Ann Ducharme, Marilyn Greco, Lynne Davis, Patricia Cramm, Michael Welnicki, and Paula York. This points to a board transition within the last several filing cycles, though exact dates could not be confirmed from the data provided.
There is no grant application process to advise on — `application_instructions` in the underlying filing data is explicitly `__none__`, and nothing on lathrophome.org references an LOI, proposal, portal, or funding cycle. Any "how to apply" guidance therefore has to be redirected to the two relationships that actually exist with this organization:
The single most common mistake to avoid: treating the $5.4M-$7.3M asset figure or the "is_grantmaker: true" IRS flag as evidence of an available funding pool. Ten consecutive years of $0 in grants paid says otherwise — this is a foundation that spends on itself, and pitching it as if it were a community foundation or family foundation with an open RFP will waste both parties' time.
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Operation of residential home for elderly individuals
Expenses: $2M
There are no external grants to analyze — that is the central funding pattern here. Across every fiscal year in the dataset (2011 through 2023), `grants_paid` is $0.00 and the matched grantee list contains zero records. There is no median grant size, no smallest/largest award, and no program-area or geographic breakdown to report, because Lathrop Home has never made a third-party grant in its filing history on record. What the financials do show is the trajectory of a small, aging operating foun.
Lathrop Home is not a working prospect for grant seekers, and understanding why is the most useful thing this report can convey. IRS filings classify it as foundation code "02" — a private operating foundation — meaning it exists to run its own direct charitable program rather than to fund outside nonprofits. That program is a 39-resident assisted-living and skilled-nursing home at 215 South St in Northampton, MA, founded in 1884 by a group of Northampton and Florence church women as a "home for.
Lathrop Home is headquartered in NORTHAMPTON, MA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Colleen Bugbee | PRESIDENT | $0 | $0 | N/A |
| Erik Lamothe | VICE PRES | $0 | $0 | N/A |
| David Viamari | TREASURER | $0 | $0 | N/A |
| Susie Mccrea | SECRETARY | $0 | $0 | N/A |
Total Giving
$2.8M
Total Assets
$5.4M
Fair Market Value
$5.3M
Net Worth
$5.3M
Grants Paid
N/A
Contributions
$318K
Net Investment Income
$174K
Distribution Amount
$307K
Total: $4.3M
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.