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Also known as: C/O PAUL MCCOY FAMILY OFFICE SVCS
The Mellen Charitable Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2021. It holds total assets of $307.9M. Annual income is reported at $225.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Mellen Charitable Foundation Inc. has made 35 grants totaling $15.7M, with a median grant of $500K. Annual giving has decreased from $10.1M in 2022 to $5.6M in 2023. Individual grants have ranged from $200K to $1M, with an average award of $448K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Massachusetts, Connecticut, California, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Mellen Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in MA, CT, CA.
The Mellen Charitable Foundation Inc. has distributed a total of $15.7M across 35 grants. The median grant size is $500K, with an average of $448K. Individual grants have ranged from $200K to $1M.
The Mellen Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Mellen Charitable Foundation Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Eisenson | PRESIDENT, DIRECTOR | $0 | $0 | $0 |
| Jane Goldstein | TREASURER, SECRETARY, DIRECTOR | $0 | $0 | $0 |
| Neil Mellen | CHAIR, DIRECTOR | $0 | $0 | $0 |
Total Giving
$7.4M
Total Assets
$119.3M
Fair Market Value
$121.4M
Net Worth
$119.3M
Grants Paid
$5.6M
Contributions
$800K
Net Investment Income
$2.7M
Distribution Amount
$5.5M
Total Grants
35
Total Giving
$15.7M
Average Grant
$448K
Median Grant
$500K
Unique Recipients
15
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Upstream UsaSUPPORT UPSTREAM USA'S MISSION TO EXPAND OPPORTUNITY BY REDUCING UNPLANNED PREGNANCY | Boston, MA | $1M | 2023 |
| Jerome Avenue Fund Co The Boston FoundationGENERAL PURPOSE | East Haven, CT | $700K | 2023 |
| Year Up IncDIRECT SERVICE PROGRAMS AND NEW PILOTS AND INITIATIVES | Boston, MA | $540K | 2023 |
| Dana-Farber IncDANA-FARBER CANCER INSTITUTE PROJECTS AND INITIATIVES | Boston, MA | $530K | 2023 |
| Youth VillagesPROVIDE YOUNG ADULTS WITH LIFESET SERVICES | Woburn, MA | $500K |
| 2023 |
| Focusing PhilanthropyJEWISH VOCATIONAL SERVICE / FOCUSING PHILANTHROPY MATCHING GIFT CAMPAIGN | Santa Monica, CA | $500K | 2023 |
| St Vincent'S Medical CenterESTABLISH THE NEIL AND DIANE MELLEN CRITICAL CARE FUND | Bridgeport, CT | $425K | 2023 |
| New England AquariumSUPPORT THE HIRING OF CONSERVATION FIELD STAFF WITHIN THE ANDERSON CABOT CENTER FOR OCEAN LIFE | Boston, MA | $250K | 2023 |
| Teach For America - MaCOMMITMENT TO A FUTURE WHERE EVERY CHILD HAS AN EQUAL CHANCE IN LIFE | New York, NY | $250K | 2023 |
| Horizons For Homeless ChildrenFUND THE INCREMENTAL COSTS OF EDUCATING 50 ADDITIONAL CHILDREN IN THE EARLY EDUCATION PROGRAM | Roxbury, MA | $250K | 2023 |
| Cedars-Sinai Medical CenterFURTHER THE AREA OF GYNECOLOGIC ONCOLOGY AT CEDARS-SINAI | Los Angeles, CA | $250K | 2023 |
| Teach For America - CtCOMMITMENT TO A FUTURE WHERE EVERY CHILD HAS AN EQUAL CHANCE IN LIFE | New York, NY | $200K | 2023 |
| Teach For America - RiCOMMITMENT TO A FUTURE WHERE EVERY CHILD HAS AN EQUAL CHANCE IN LIFE | New York, NY | $200K | 2023 |
| Jewish Vocational ServiceSUPPORT THE WORK OF JVS IN ESTABLISHING AND OPERATING ARLAB HEALTHCARE AND BIOTECHNOLOGY CAREER INSTITUTE | Boston, MA | $500K | 2022 |
| United States Fund For UnicefTO SUPPORT UNICEF'S WORK ON BEHALF OF UKRAINIAN CHILDREN AND FAMILIES | New York, NY | $250K | 2022 |
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