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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
Compare this foundation's grantees
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.