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Boston foundations

There are 4,436 foundations and grantmaking organizations in the greater Boston metro area, including the cities of Boston, Cambridge, Framingham, Newton, and Waltham. Combined, these Boston metro foundations employ 2,524 people, earn more than $41 billion in revenue each year, and have assets of $137 billion.
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Types of foundations in Boston

Nonprofit typeNumberRevenues
Private foundations
 
3,676
 
$5,927,529,749
Grantmaking public charity foundations
 
371
 
$34,552,591,494
Organizations supporting multiple foundations
 
90
 
$4,049,369
Community foundations
 
74
 
$31,917,469,623
Corporate foundations
 
72
 
$1,751,235,302
Organizations supporting a single foundation
 
35
 
$5,957,294
Foundation professional societies
 
7
 
$920,100
Foundation technical and management assistance providers
 
2
 
$1,100
Foundation alliances and advocates
 
2
 
$22,690
Foundation research and public policy institutes
 
1
 
$0
Showing 10 of 10 categories

Job trends for Boston foundations

Employees per organizationNumber of organizations
0
 
3,143
1-10
 
205
11-25
 
17
26-100
 
9
101 to 1,000
 
5
1,000+
 
0
Key takeaways for employment stats:

Sizes of foundations in Boston

Revenues per organizationNumber of organizations
< $250k
 
2,331
$250k to $1M
 
660
$1M to $5M
 
389
$5M to $25M
 
157
$25M to $100M
 
46
$100M+
 
9
Key takeaways for revenue stats:

Directory of foundations in Boston

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1-20 of 4,436

The Center for Effective Philanthropy (CEP)

CEP's mission is to provide data and create insight so philanthropic funders can better define, assess, and improve their effectiveness - and, as a result, their intended impact.
Revenue
$18.1m
Assets
$24.8m
Employees
70
EIN
04-3523528
IRS type
501(c)(3)

Fidelity Investments Charitable Gift Fund

The Fidelity Investments Charitable Gift Fund enhances donor generosity, distributing $11.8 billion in 2023 to support various charitable causes and organizations.
Revenue
$30.6b
Assets
$86.3b
Employees
0
EIN
11-0303001
IRS type
501(c)(3)

Combined Jewish Philanthropies of Greater Boston (CJP)

Combined Jewish Philanthropies of Greater Boston mobilizes philanthropy to fund services, strengthen Jewish engagement, support vulnerable people, connect with Israel, and combat antisemitism.
Revenue
$357.3m
Assets
$2.6b
Employees
184
EIN
04-2103559
IRS type
501(c)(3)

Richard and Susan Smith Family Foundation

The Richard and Susan Smith Family Foundation is committed to effecting permanent positive change in the lives of the residents of Greater Boston, particularly individuals and families in economically disadvantaged communities.
Revenue
$28.3m
Assets
$302.9m
Employees
6
EIN
23-7090011
IRS type
501(c)(3)

Proteus Fund

The Proteus Fund is a charity that partners with donors to promote democracy, human rights, and peace through collaborative funding.
Revenue
$43.2m
Assets
$67.1m
Employees
106
EIN
04-3243004
IRS type
501(c)(3)

Cambridge Community Foundation (CCF)

The Cambridge Community Foundation promotes economic mobility, social cohesion, and collective action, supporting nonprofits to enhance the quality of life for all residents.
Revenue
$11.8m
Assets
$68.9m
Employees
16
EIN
04-6012492
IRS type
501(c)(3)

Cheryl Spencer Memorial Foundation

The Cheryl Spencer Memorial Foundation is a Newburyport, MA family foundation funding charitable grants from investment income, including 17 grants last year.
Revenue
$14.4m
Assets
$25.9m
Employees
0
EIN
04-6360057
IRS type
501(c)(3)

Observatory Hill Foundation

The Observatory Hill Foundation is a private nonprofit foundation located in Boston, MA, and it receives support from Jerold S Kayden.
Revenue
$20.7m
Assets
$55.5m
Employees
0
EIN
99-3543205
IRS type
501(c)(3)

Edward C. Johnson Fund

The Edward C. Johnson Fund, a Boston-based corporate foundation, supports endowment, operating costs, property care, and preservation with grants to nonprofits.
Revenue
$84.1m
Assets
$563.9m
Employees
1
EIN
04-6108344
IRS type
501(c)(3)

The Giving Back Fund (GBF)

The mission of The Giving Back Fund is to encourage and support new philanthropy by offering professional, strategic, and cost-effective philanthropic expertise and management services for individuals and corporations.
Revenue
$50.7m
Assets
$30.0m
Employees
12
EIN
04-3367888
IRS type
501(c)(3)

John D Mcgonagle Foundation

The John D Mcgonagle Foundation is a private foundation based in Newington, NH that primarily funds general support. Its grantees include Dartmouth Hitchcock Health and it made 56 grants last year.
Revenue
$12.9m
Assets
$24.9m
Employees
2
EIN
87-3688714
IRS type
501(c)(3)

Bank of America Charitable Gift Fund

The Bank of America Charitable Gift Fund facilitates donor-advised funds, granting contributions to charities and administering trustee fees from its Boston base.
Revenue
$1.7b
Assets
$5.1b
Employees
0
EIN
04-6010342
IRS type
501(c)(3)

Sandy Beach Foundation

The Sandy Beach Foundation is a private foundation located in Boston, MA. It funds primarily operating support and made one grant last year. Grantees include Fidelity Charitable Gift Fund.
Revenue
$19.3m
Assets
$65.3m
Employees
0
EIN
47-3359784
IRS type
501(c)(3)

Stanton First Amendment Foundation

The Stanton First Amendment Foundation is a private foundation supported by The Stanton Foundation and located in Salem, NH.
Revenue
$19.8m
Assets
$19.8m
Employees
0
EIN
39-3661943
IRS type
501(c)(3)

Perfect Seas Foundation

The Perfect Seas Foundation is a private foundation located in Boston, MA. The foundation primarily invests its money in stocks, and it earned $50,000 in dividends last year, so it gave $10,000 to a grantee.
Revenue
$12.9m
Assets
$123.9m
Employees
0
EIN
84-3835636
IRS type
501(c)(3)

The Casey and Family Foundation

The The Casey and Family Foundation is a private foundation located in Harvard, MA that made 26 grants last year. Grantees include the Mit Cancer Research Fund. Trustees are Curtis W Marble, Edward S Heald, and David C Marble.
Revenue
$36.3m
Assets
$28.0m
Employees
0
EIN
27-6364101
IRS type
501(c)(3)

TJX Foundation

The TJX Foundation is a corporate foundation located in Framingham, MA and supported by The TJX Companies Inc. It made one grant last year as a nonprofit organization.
Revenue
$34.4m
Assets
$77.2m
Employees
0
EIN
04-2399760
IRS type
501(c)(3)

Wellington Management Foundation

The Wellington Management Foundation funds programs for under-resourced youth and provides grants to domestic and foreign organizations.
Revenue
$11.8m
Assets
$46.5m
Employees
0
EIN
04-6700836
IRS type
501(c)(3)

Highland Street Connection and Subsidiaries

Highland Street Connection and Subsidiaries is a private foundation that made 321 grants last year. The trustees are Joann Mcgrath, David J Mcgrath Iii, Scott J Mcgrath. The grantees include C Mcgrath Donor Advised Fund. It is located in Newton, MA.
Revenue
$6.7m
Assets
$60.4m
Employees
5
EIN
04-3048298
IRS type
501(c)(3)

Polynate Foundation

The Polynate Foundation is a private foundation that primarily funds community good. Its purpose is to increase in value for charitable purposes. Grantees include Morgan Stanley Global Impact Funding Trust. It made one grant last year.
Revenue
$5.3m
Assets
$19.1m
Employees
0
EIN
27-6958071
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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