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Ruane Family Foundation is a private trust based in N PALM BEACH, FL. The foundation received its IRS ruling in 2013. It holds total assets of $52.5M. Annual income is reported at $20.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ruane Family Foundation has made 25 grants totaling $9.1M, with a median grant of $20K. Annual giving has decreased from $5.3M in 2020 to $1.7M in 2023. Individual grants have ranged from $2K to $2.6M, with an average award of $364K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Florida, which account for 84% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Ruane Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MA, NY, FL.
Ruane Family Foundation has distributed a total of $9.1M across 25 grants. The median grant size is $20K, with an average of $364K. Individual grants have ranged from $2K to $2.6M.
Ruane Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ruane Family Foundation is headquartered in N PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael A Bass | TRUSTEE | $0 | $0 | $0 |
| Michael A Ruane | TRUSTEE | $0 | $0 | $0 |
| Elizabeth J Ruane | TRUSTEE | $0 | $0 | $0 |
| John Curtis | TRUSTEE | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$51.5M
Fair Market Value
$88.5M
Net Worth
$51.5M
Grants Paid
$1.7M
Contributions
$0
Net Investment Income
$2M
Distribution Amount
$4M
Total Grants
25
Total Giving
$9.1M
Average Grant
$364K
Median Grant
$20K
Unique Recipients
16
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts General HospitalTO SUPPORT LIFESAVING PATIENT CARE, LEADING-EDGE MEDICAL RESEARCH AND CAREGIVER EDUCATION PROGRAMS OF THE HOSPITAL. | Boston, MA | $1.6M | 2023 |
| St Mary'S High School Foundation IncTO SUPPORT A VARIETY OF EDUCATIONAL PROGRAMS FROM ARTS AND ATHLETICS TO SCHOLARSHIPS AND AID AT A CATHOLIC COLLEGE-PREPARATORY SCHOOL EDUCATING STUDENTS GRADES 6 TO 12 FROM MORE THAN 30 COMMUNITIES ON BOSTON'S NORTH SHORE. | Lynn, MA | $100K | 2023 |
| Hamilton-Wenham Regional School District Athletic Facilities ImprovementsAN INITIATIVE, SUPPORTED BY THE DISTRICT AND POWERED BY VOLUNTEER COMMUNITY MEMBERS TO RAISE FUNDS TO IMPROVE THE DISTRICT'S ATHLETIC FACILITIES. | Wenham, MA | $20K | 2023 |
| Lost Tree Village Charitable FoundationCONTRIBUTIONS TO AGENCIES OFFERING ASSISTANCE TO THE NEEDY OF THE LOCAL COMMUNITY | North Palm Bach, FL | $20K |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2023 |
| Boston Symphony OrchestraTO SUPPORT THE ORGANIZATION'S GOAL OF MAKING MUSIC CONSONANT WITH THE HIGHEST ASPIRATIONS OF THE MUSICAL ART, CREATING PERFORMANCE OPPORTUNITIES, AND PROVIDING EDUCATIONAL AND TRAINING PROGRAMS AT THE HIGHEST LEVEL OF EXCELLENCE. | Boston, MA | $10K | 2023 |
| Cystic Fibrosis FoundationTO FUND MEDICAL RESEARCH AND DRUG DEVELOPMENT TO FIND A CURE FOR CYSTIC FIBROSIS. | Bathesda, MD | $5K | 2023 |
| Mclean Hospital - Women'S Mental Health Leadership CouncilA COUNCIL DEDICATED TO IMPROVING MENTAL HEALTH CARE FOR WOMEN AND GIRLS IN COMMUNITIES IN MASSACHUSETTS AND COASTAL MAINE. | Belmont, MA | $2K | 2023 |
| Jupiter Medical Center FoundationTO EMPOWER JUPITER MEDICAL CENTER WITH THE RESOURCES TO REIMAGINE THE COMMUNITY'S HEALTH AND WELLNESS BY PROVIDING CUTTING EDGE MEDICAL CARE TO ITS PATIENTS. | Jupiter, FL | $1M | 2022 |
| The Community HouseTO SUPPORT AN ORGANIZATION THAT IS DEDICATED TO ENRICHMENT THROUGH ARTS AND EVENTS THAT PROMOTE TOGETHERNESS AND STRENGTHEN THE COMMUNITY. | South Hamilton, MA | $20K | 2022 |
| Ajga FoundationTO SUPPORT THE OVERALL GROWTH AND DEVELOPMENT OF YOUNG MEN AND WOMEN WHO ASPIRE TO EARN COLLEGE GOLF SCHOLARSHIPS THROUGH COMPETITIVE JUNIOR GOLF. | Braselton, GA | $5K | 2022 |
| Goldman Sachs Philanthropy FundTO FUND THE RUANE FAMILY PHILANTHROPY FUND, A DONOR ADVISED FUND ESTABLISHED TO MAKE CHARITABLE CONTRIBUTIONS TO QUALIFYING CHARITIES. | Cohoes, NY | $2.6M | 2020 |
| Beth Israel Lahey Health - Beverly HospitalTO SUPPORT PROGRAMS, NEW FACILITIES, ADVANCED TECHNOLOGY AND EXCEPTIONAL CLINICAL TALENT THAT WILL KEEP BEVERLY HOSPITAL VIBRANT AND GROWING FOR GENERATIONS TO COME. | Beverly, MA | $500K | 2020 |
| Massachusetts Eye And EarTO ESTABLISH THE RUANE-RANDOLPH THYROID FUND TO ADVANCE PATIENT CARE, RESEARCH AND TEACHING IN THE THYROID SPECIALITY | Boston, MA | $500K | 2020 |
| Corey C Griffin FoundationTO SUPPORT THE FOUNDATION'S MISSION OF SUPPORTING CHILDREN, FAMILES AND FAITH IN PARTNERSHIP WITH LEADING INSTITUTIONS AND SOCIAL ENTREPRENEURS WHILE PRESERVING COREY'S LOVING SPIRIT AND HIS GREAT PHILANTHROPIC WORK. | Framingham, MA | $250K | 2020 |
| International Thyroid Oncology GroupSUPPORT PHYSICIANS/SCIENTISTS COLLABORATING TO IDENTIFY NEW TREATMENTS FOR ADVANCED THYROID CANCER | Yorkville, NY | $100K | 2020 |
| Niklaus Children'S Health Care FoundationTO SUPPORT PROGRAMS FOCUSED ON THE DIAGNOSIS, TREATMENT AND PREVENTION OF CHILDHOOD ILLNESS AND PROVIDE FAMILIES WACCESS TO WORLD-CLASS PEDIATRIC CARE. | North Palm Beach, FL | $4K | 2020 |
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