Peter And Ann Lambertus Family Foundation Inc

Quick Stats

• Annual Giving: $14.66 million (2023)
• Success Rate: N/A (invitation only)
• Decision Time: N/A (preselected organisations)
• Grant Range: Varies widely based on project and organisation
• Geographic Focus: Not publicly specified
• Total Assets: $265.6 million (2023)

Contact Details

Address: 155 Federal Street, Suite 402, Boston, MA 02110

Phone: Not publicly available

Email: Not publicly available

Website: Not publicly available

Note: The foundation does not accept unsolicited applications or provide pre-application support.

Overview

The Peter And Ann Lambertus Family Foundation Inc was established as a 501(c)(3) organisation in July 2019 and operates as a private grantmaking foundation in Boston, Massachusetts. The foundation was established by Peter K. Lambertus, founder and former CEO of Charles River Development (which was acquired by State Street Corporation in 2018 for $2.6 billion), and his wife Ann W. Lambertus. With assets of $265.6 million and annual giving of $14.66 million in 2023, the foundation has been actively distributing grants at a rate that exceeds its annual investment income, demonstrating a commitment to substantial charitable impact. The foundation made 77 grants in 2023.

Funding Priorities

Grant Programmes

The foundation does not operate formal grant programmes with specified amounts or application cycles. All grants are made to preselected charitable organisations identified by the trustees.

Grant Distribution Statistics (2023):

• Total grants distributed: $14.66 million
• Number of grants: 77

Historical Grant Activity:

• 2023: 77 grants
• 2022: 63 grants
• 2021: 62 grants
• 2020: 73 grants
• 2019: 66 grants

Priority Areas

The foundation's specific funding priorities are not publicly disclosed. Based on their classification as a general charitable foundation under 501(c)(3) status, they support organisations pursuing charitable, scientific, and literary purposes. To understand their actual giving patterns, one would need to review their detailed Form 990-PF filings, which list specific grantees and purposes.

What They Don't Fund

The foundation does not accept unsolicited requests for funds from organisations they have not preselected.

Governance and Leadership

Peter K. Lambertus - President

• Founder and former CEO of Charles River Development, a leading investment management solutions company founded in 1984
• Former Naval officer
• Successfully led Charles River Development through its acquisition by State Street Corporation for $2.6 billion in 2018
• Compensation from foundation: $0

Ann W. Lambertus - Director

• Co-founder of the family foundation
• Compensation from foundation: $0

Edward J. Bartlett Jr. - Treasurer & Clerk

• Handles administrative and financial management functions
• Compensation from foundation: $0

All officers serve without compensation, ensuring that foundation resources are directed entirely to charitable purposes.

Application Process & Timeline

How to Apply

This foundation does not have a public application process. The Peter And Ann Lambertus Family Foundation explicitly states that it only makes contributions to preselected charitable organisations and does not accept unsolicited requests for funds.

This means:

• There is no application portal or form
• The foundation does not review unsolicited proposals
• Grant recipients are identified through the trustees' own research and relationships
• Organisations cannot apply for funding directly

Decision Timeline

Not applicable, as the foundation operates on an invitation-only basis with preselected organisations.

Success Rates

Not applicable for unsolicited applications, as none are accepted.

Reapplication Policy

Not applicable, as the foundation does not accept applications.

Application Success Factors

Since the Peter And Ann Lambertus Family Foundation does not accept unsolicited applications, traditional success factors do not apply. Organisations cannot proactively apply for funding from this foundation.

The foundation identifies its grant recipients through:

• Trustee discretion and personal knowledge of organisations
• Existing relationships with charitable organisations
• Independent research conducted by foundation leadership
• Referrals from trusted advisors or other organisations

Key Takeaways for Grant Writers

• No public application process: This foundation does not accept unsolicited funding requests. Organisations cannot apply for grants.
• Preselected grantees only: All grant recipients are identified and selected by the trustees without an external application process.
• Significant resources: With $265.6 million in assets and annual giving of $14.66 million, this is a major foundation, but one that is not accessible through traditional grant-seeking methods.
• Active grantmaking: The foundation makes 60-77 grants annually, demonstrating consistent charitable activity.
• Private family foundation: Established by successful entrepreneur Peter K. Lambertus and family, the foundation reflects the family's philanthropic values and priorities.
• Not a funding option for most organisations: Unless your organisation has an existing relationship with the Lambertus family or their advisors, this foundation should not be included in your funding strategy.

References

• ProPublica Nonprofit Explorer - Peter And Ann Lambertus Family Foundation Inc
• Grantmakers.io Profile - Peter and Ann Lambertus Family Foundation Inc.
• Cause IQ - Peter and Ann Lambertus Family Foundation
• GuideStar Profile - Peter and Ann Lambertus Family Foundation Inc
• Instrumentl 990 Report - Peter And Ann Lambertus Family Foundation
• Crunchbase - Peter Lambertus Profile
• Business Wire - State Street to Acquire Charles River Development for $2.6 Billion
• Candid Foundation Directory - Peter and Ann Lambertus Family FoundationInc

Information compiled May 2026 from publicly available IRS Form 990-PF filings and nonprofit database resources.