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Massachusetts foundations

There are 5,524 foundations and grantmaking organizations in Massachusetts. Combined, these Massachusettsan foundations employ 5,470 people, earn more than $23 billion in revenue each year, and have assets of $107 billion.
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Types of foundations in Massachusetts

Nonprofit typeNumberRevenues
Private foundations
 
4,537
 
$5,379,121,213
Grantmaking public charity foundations
 
408
 
$17,331,530,856
Organizations supporting multiple foundations
 
131
 
$25,185,879
Corporate foundations
 
94
 
$1,404,176,420
Community foundations
 
86
 
$735,891,100
Organizations supporting a single foundation
 
19
 
$1,002,043
Foundation professional societies
 
9
 
$5,754,536
Foundation technical and management assistance providers
 
5
 
$15,696,678
Foundation alliances and advocates
 
4
 
$4,354,045
Foundation research and public policy institutes
 
1
 
$0
Showing 10 of 10 categories

Foundations by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
 
4,211
 
$22,877,726,601
Worcester
 
436
 
$157,546,108
Springfield, MA
 
306
 
$131,353,325
Providence, RI
 
205
 
$41,414,551
Barnstable Town
 
191
 
$51,055,088
Pittsfield
 
120
 
$45,849,184
Showing 6 of 6 metros

Job trends for Massachusetts foundations

Employees per organizationNumber of organizations
0
 
3,703
1-10
 
252
11-25
 
28
26-100
 
11
101 to 1,000
 
5
1,000+
 
2
Key takeaways for employment stats:

Sizes of foundations in Massachusetts

Revenues per organizationNumber of organizations
< $250k
 
3,083
$250k to $1M
 
690
$1M to $5M
 
375
$5M to $25M
 
131
$25M to $100M
 
40
$100M+
 
13
Key takeaways for revenue stats:

Directory of foundations in Massachusetts

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1-20 of 5,524

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
$14.7b
Assets
$56.7b
Employees
0
EIN
11-0303001
IRS type
501(c)(3)

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
$13.7m
Assets
$22.2m
Employees
73
EIN
04-3523528
IRS type
501(c)(3)

Baystate Health Foundation

To inspire a ''culture of philanthropy and encourage philanthropic relationships that will support the mission and vision of Baystate Health which is to improve the health of the people in our community every day, with quality and compassion.
Revenue
$13.7m
Assets
$180.8m
Employees
22
EIN
04-3549011
IRS type
501(c)(3)

Combined Jewish Philanthropies of Greater Boston

CJP inspires and mobilizes the diverse Boston Jewish community to strengthen Jewish life and improve the world through programs and grants.
Revenue
$231.1m
Assets
$2.2b
Employees
188
EIN
04-2103559
IRS type
501(c)(3)

MWC Foundation

The MWC Foundation, based in Boston, funds general support initiatives and made 91 grants last year, including to Fidelity Investments Charitable Gift Fund.
Revenue
$5.0m
Assets
$19.7m
Employees
0
EIN
22-2914691
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
$5.7m
Assets
$296.1m
Employees
6
EIN
23-7090011
IRS type
501(c)(3)

Jacobson Family Foundation Trust

The Jacobson Family Foundation Trust is a private foundation located in Boston, MA. It made $32,079,005 in annual grants last year and has $501,969,593 in total assets.
Revenue
$52.5m
Assets
$424.8m
Employees
24
EIN
04-6836735
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
$5.1m
Assets
$15.6m
Employees
0
EIN
27-6364101
IRS type
501(c)(3)

Josiah Willard Hayden Recreation Center

To establish a place of meeting of the youth of Lexington for their moral, mental, and social improvement and development and in general to do all things which may promote directly or indirectly their intellectual, social, and physical welfare.
Revenue
$5.5m
Assets
$29.9m
Employees
6
EIN
04-2203700
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
$6.0m
Assets
$66.8m
Employees
5
EIN
04-3048298
IRS type
501(c)(3)

The Mugar Foundation

The Mugar Foundation is a private foundation that primarily funds donations to support the lower school playground capital fund and grantees that include Brimmer and May School. Last year, the foundation made seven grants. It is located in Boston, MA.
Revenue
$10.5m
Assets
$10.0m
Employees
0
EIN
80-0638652
IRS type
501(c)(3)

The Summer Isle Foundation

The The Summer Isle Foundation is a private foundation located in South Hamilton, MA that primarily funds to promote its charitable purpose. Grantees include We Charity. Made two grants last year.
Revenue
$11.8m
Assets
$17.2m
Employees
0
EIN
81-3882939
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
$48.5m
Assets
$56.6m
Employees
0
EIN
47-3359784
IRS type
501(c)(3)

The Krupp Foundation

The The Krupp Foundation is a private foundation that supports Friends Of Yemin Orde. Last year, it made 11 grants. It is located in Boston, MA and is supported by Douglas Krupp.
Revenue
$26.0m
Assets
$35.8m
Employees
0
EIN
04-3294086
IRS type
501(c)(3)

Fiduciary Trust Charitable

Fiduciary Trust Charitable facilitates charitable giving through marketable securities and donor advised funds, granting proceeds to designated 501(c)(3) organizations.
Revenue
$52.4m
Assets
$108.8m
Employees
0
EIN
04-6649138
IRS type
501(c)(3)

Cambridge Community Foundation

The Cambridge Community Foundation promotes economic mobility, social cohesion, and collective action, supporting nonprofits to enhance the quality of life for all residents.
Revenue
$10.2m
Assets
$62.7m
Employees
12
EIN
04-6012492
IRS type
501(c)(3)

Community Foundation for Metrowest

Foundation for Metrowest connects local donors to non-profits, allowing them to maximize their charitable impact, and distributes grants and loans.
Revenue
$9.2m
Assets
$32.9m
Employees
12
EIN
04-3266789
IRS type
501(c)(3)

Ruderman Family Foundation

The Ruderman Family Foundation believes that inclusion and understanding of all people is essential to a fair and flourishing community.
Revenue
$5.2m
Assets
$164.6m
Employees
8
EIN
04-3334973
IRS type
501(c)(3)

The George S Bissell Charitable Foundation

The George S Bissell Charitable Foundation is a private foundation located in Wellesley, MA that primarily funds unrestricted grants to organizations such as Anatolia College and others. Last year, the foundation made 13 grants.
Revenue
$9.7m
Assets
$12.8m
Employees
0
EIN
04-2368188
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
$7.5m
Assets
$47.4m
Employees
0
EIN
04-6700836
IRS type
501(c)(3)
Want more insights on foundations in Massachusetts?
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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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