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Filing year 2024

MELLEN CHARITABLE FDN (FKA TF FDN)

Boston, Massachusetts·EIN 85-3945419·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$220.8M
Total assets
$307.9M
Total expenses
$37.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. MELLEN CHARITABLE FDN (FKA TF FDN) reported 3 unpaid officers and board members on its 990-PF.

President, Director
Chair, Director
Treasurer, Secretary, Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$35.7M

Itemized grants

17

Median grant

$425k

RecipientLocationPurposeAmount
JEROME AVENUE FUND CO THE BOSTON FOUNDATIONEAST HAVEN, CTGENERAL PURPOSE - 90,885 SH VTI BOOK VALUE $19,385,886MEAN FMV USED FOR DEDUCTION$25M
DANA-FARBER INCBOSTON, MADANA-FARBER CANCER INSTITUTE PROJECTS AND INITIATIVES$4.1M
UPSTREAM USABOSTON, MASUPPORT UPSTREAM USA'S MISSION TO EXPAND OPPORTUNITY BY REDUCING UNPLANNED PREGNANCY$1M
SOCIAL FINANCEBOSTON, MASUPPORT TRAINING FOR THE UNEMPLOYED OR UNDEREMPLOYED TO GAIN ACCESS TO HIGH-DEMAND JOBS THAT PAY FAMILY SUSTAINING WAGES$1M
YEAR UP INCBOSTON, MADIRECT SERVICE PROGRAMS AND NEW PILOTS AND INITIATIVES$540k
FOCUSING PHILANTHROPYSANTA MONICA, CAJEWISH VOCATIONAL SERVICE / FOCUSING PHILANTHROPY MATCHING GIFT CAMPAIGN$537k
YOUTH VILLAGESWOBURN, MAPROVIDE YOUNG ADULTS WITH LIFESET SERVICES$500k
MILFORD PUBLIC SCHOOLSMILFORD, MASUPPORT EVIDENCE BASED 1:1 VIRTUAL TUTORING THROUGH IGNITE READING TO SUPPORT 1ST AND 2ND GRADE STUDENTS IN HIGH POVERTY$446k
ST VINCENT'S MEDICAL CENTERBRIDGEPORT, CTESTABLISH THE NEIL AND DIANE MELLEN CRITICAL CARE FUND$425k
WALTHAM PUBLIC SCHOOLSWALTHAM, MASUPPORT EVIDENCE BASED 1:1 VIRTUAL TUTORING THROUGH IGNITE READING TO SUPPORT 1ST AND 2ND GRADE STUDENTS IN HIGH POVERTY$403k
DUET INCBOSTON, MAPROVIDE OPPORTUNITIES FOR POST-SECONDARY DEGREES THAT ARE DESIGNED FOR AFFORDABILITY AND CAREER ADVANCEMENT$300k
CEDARS-SINAI MEDICAL CENTERLOS ANGELES, CAFURTHER THE AREA OF GYNECOLOGIC ONCOLOGY AT CEDARS-SINAI$250k
HORIZONS FOR HOMELESS CHILDRENROXBURY, MAFUND THE INCREMENTAL COSTS OF EDUCATING 50 ADDITIONAL CHILDREN IN THE EARLY EDUCATION PROGRAM$250k
NEW ENGLAND AQUARIUMBOSTON, MASUPPORT THE HIRING OF CONSERVATION FIELD STAFF WITHIN THE ANDERSON CABOT CENTER FOR OCEAN LIFE$250k
TEACH FOR AMERICA - MANEW YORK, NYCOMMITMENT TO A FUTURE WHERE EVERY CHILD HAS AN EQUAL CHANCE IN LIFE$250k
TEACH FOR AMERICA - CTNEW YORK, NYCOMMITMENT TO A FUTURE WHERE EVERY CHILD HAS AN EQUAL CHANCE IN LIFE$200k
TEACH FOR AMERICA - RINEW YORK, NYCOMMITMENT TO A FUTURE WHERE EVERY CHILD HAS AN EQUAL CHANCE IN LIFE$200k
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Financial trend

Revenue and expenses over time

MELLEN CHARITABLE FDN (FKA TF FDN) reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.4M
$7.4M
2023
$220.8M
$37.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

MELLEN CHARITABLE FDN (FKA TF FDN) reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts →
FAQ

Common questions about MELLEN CHARITABLE FDN (FKA TF FDN)

What are MELLEN CHARITABLE FDN (FKA TF FDN)'s revenue and expenses?

In 2024, MELLEN CHARITABLE FDN (FKA TF FDN) reported $220.8M in total revenue and $37.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.