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 organizations)
Grant Range: Varies (median $10,000, average $201,700)
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) organization 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. The foundation received a significant initial contribution of $250 million in 2018, establishing it as a major grantmaking entity. 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 and has awarded 347 individual grants totaling approximately $63 million since 2018.

Funding Priorities

Grant Programs

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

Grant Size Statistics:

Median grant: $10,000
Average grant: $201,700
Total grants distributed: $14.66 million (2023)
Number of grants: 77 (2023), 63 (2022), 62 (2021), 73 (2020)

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 organizations 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 organizations 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 organizations 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
Organizations cannot apply for funding directly

Decision Timeline

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

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. Organizations cannot proactively apply for funding from this foundation.

The foundation identifies its grant recipients through:

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

Based on their giving statistics (median grant of $10,000 and average grant of $201,700), the foundation supports both smaller and larger charitable initiatives, suggesting they fund a diverse range of organizations and project types.

Key Takeaways for Grant Writers

No public application process: This foundation does not accept unsolicited funding requests. Organizations 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.
Diverse grant sizes: With grants ranging from small amounts to over $200,000 on average, the foundation supports organizations of varying scales.
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 organizations: Unless your organization has an existing relationship with the Lambertus family or their advisors, this foundation should not be included in your funding strategy.

References

Information compiled December 2025 from publicly available IRS Form 990-PF filings and nonprofit database resources.