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Pannell Family Foundation is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2012. The principal officer is Wesley Karger. It holds total assets of $10.9M. Annual income is reported at $4.4M. Total assets have grown from $307K in 2011 to $10.8M in 2023. The foundation is governed by 5 officers and trustees. Donations to other charities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Pannell Family Foundation has made 16 grants totaling $684K, with a median grant of $10K. Individual grants have ranged from $1K to $325K, with an average award of $43K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$21K
Largest Grant
$125K
Based on 17 grants from the most recent 990-PF filing.
Donations to other charities
Donations to other charities. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MA.
Pannell Family Foundation has distributed a total of $684K across 16 grants. The median grant size is $10K, with an average of $43K. Individual grants have ranged from $1K to $325K.
Pannell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pannell Family Foundation is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benjamin I Pannell | TRUSTEE | $0 | $0 | N/A |
| Madeleine J Pannell | TRUSTEE | $0 | $0 | N/A |
| Wesley Karger | TRUSTEE | $0 | $0 | N/A |
| Brendan Morrison | TRUSTEE | $0 | $0 | N/A |
| Sally W Currier | TRUSTEE | $0 | $0 | N/A |
Total Giving
$781K
Total Assets
$10.8M
Fair Market Value
$10.8M
Net Worth
$10.8M
Grants Paid
$749K
Contributions
$830K
Net Investment Income
$740K
Distribution Amount
$500K
Total: $3.1M
Total Grants
16
Total Giving
$684K
Average Grant
$43K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marine Biology LaboratoryCHARITABLE | Woods Hole, MA | $325K | 2022 |
| Thrive ScholarsCHARITABLE | Boston, MA | $100K | 2022 |
| Boston Medical CenterCHARITABLE | Boston, MA | $65K | 2022 |
| Boys And Girls Clubs Of BostonCHARITABLE | Boston, MA | $50K | 2022 |
| Raw Art Works IncCHARITABLE | Lynn, MA | $25K | 2022 |
| Trustees Of Smith CollegeCHARITABLE | Northampton, MA | $25K | 2022 |
| Tisch College Of Civic Life At Tufts UniversityCHARITABLE | Medford, MA | $25K | 2022 |
| Friends Of The Public GardenCHARITABLE | Boston, MA | $10K | 2022 |
| Beyond WallsCHARITABLE | Lynn, MA | $10K | 2022 |
| Boston Foundation IncCHARITABLE | Boston, MA | $10K | 2022 |
| Combined Jewish PhilanthropiesCHARITABLE | Boston, MA | $10K | 2022 |
| Esplanade AssociationCHARITABLE | Boston, MA | $10K | 2022 |
| Medicines For HumanityCHARITABLE | Rockland, MA | $10K | 2022 |
| Winsor SchoolCHARITABLE | Boston, MA | $5K | 2022 |
| President And Fellows Of Harvard CollegeCHARITABLE | Cambridge, MA | $3K | 2022 |
| Mspca AngellCHARITABLE | Boston, MA | $1K | 2022 |