Chestnut Fund is a private foundation based in Boston, Massachusetts, established in 2015. The organization operates as a grantmaking foundation with a 501(c)(3) tax-exempt status.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$54.9M
+8.0% YoY
Annual Giving
$2.9M
-16.3% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$978K
-16.3% YoY
Mission & Focus Areas
The foundation does not provide a public mission statement. However, its grantmaking priorities include:
- Human Rights
- Social Justice
- Local Government
- Community & Civic Engagement
- Child Welfare
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Grant Range
$290,000–$2,815,000
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Geographic Focus
Where this funder awards grants
The foundation supports grantmaking across multiple U.S. locations and states, including:
Cities: Albuquerque, Augusta, Boston, Brooklyn, Cincinnati, Decatur, Des Moines, Dorchester, Durham, Montpelier, New Haven, New York, Portland, Providence, Raleigh, Seattle, St. Paul, Washington, and Youngstown
States: Connecticut, District of Columbia, Georgia, Iowa, Maine, Minnesota, North Carolina, New Mexico, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington
Primary funding focus areas include Ohio, Georgia, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2023):
- Total assets: $50.8–$54.9 million
- Total annual giving: $2.7–$3.5 million
- Total revenues: $2.7 million
- Total expenses: $4.6 million
- Number of employees: 0
Revenue Composition (2023):
- Investment income and dividends: $1,190,419
- Net gain from sale of non-inventory assets: $1,352,235
- Miscellaneous revenues: $188,229
Giving Rate: Approximately 6.9% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $54,884,454 | $50,821,793 | $52,696,026 |
| Revenue | $8,055,965 | $2,730,883 | $3,505,414 |
| Expenses | $3,991,509 | $4,604,665 | $6,089,755 |
| Qualifying Distributions | $3,243,754 | $3,808,877 | $5,289,794 |
| Net Investment Income | $7,301,114 | $1,971,940 | $2,806,539 |
| Distributable Amount | $3,348,532 | $3,266,377 | $3,451,684 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by unpaid trustees:
- Jane Stein
- Adam Stein
- Gerda Stein
- Alan Rottenberg
The foundation is also known as "Jane Stein Ttee."
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANE STEIN | TRUSTEE | 2 | — |
| ADAM STEIN | TRUSTEE | 2 | — |
| GERDA STEIN | TRUSTEE | 2 | — |
| ALAN ROTTENBERG | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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