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Massachusetts foundations

There are 5,555 foundations and grantmaking organizations in Massachusetts. Combined, these Massachusettsan foundations employ 4,024 people, earn more than $42 billion in revenue each year, and have assets of $142 billion.
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Types of foundations in Massachusetts

Nonprofit typeNumberRevenues
Private foundations
 
4,539
 
$6,452,777,997
Grantmaking public charity foundations
 
452
 
$34,991,095,201
Organizations supporting multiple foundations
 
135
 
$18,906,818
Community foundations
 
100
 
$1,403,342,902
Corporate foundations
 
91
 
$1,881,806,733
Organizations supporting a single foundation
 
20
 
$4,024,490
Foundation professional societies
 
9
 
$5,819,929
Foundation technical and management assistance providers
 
4
 
$16,381,609
Foundation alliances and advocates
 
2
 
$22,690
Foundation research and public policy institutes
 
1
 
$0
Showing 10 of 10 categories

Foundations by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
 
4,240
 
$40,856,950,508
Worcester
 
431
 
$208,350,159
Springfield, MA
 
313
 
$202,849,910
Providence, RI
 
207
 
$95,620,658
Barnstable Town
 
196
 
$88,638,466
Pittsfield
 
115
 
$130,063,188
Showing 6 of 6 metros

Job trends for Massachusetts foundations

Employees per organizationNumber of organizations
0
 
3,772
1-10
 
261
11-25
 
25
26-100
 
13
101 to 1,000
 
4
1,000+
 
1
Key takeaways for employment stats:

Sizes of foundations in Massachusetts

Revenues per organizationNumber of organizations
< $250k
 
2,945
$250k to $1M
 
754
$1M to $5M
 
439
$5M to $25M
 
172
$25M to $100M
 
51
$100M+
 
11
Key takeaways for revenue stats:

Directory of foundations in Massachusetts

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1-20 of 5,555

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
$14.2m
Assets
$21.6m
Employees
74
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

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)

Bank of America Charitable Gift Fund

The Bank of America Charitable Gift Fund operates as public foundations and generated $837,703,273 in total revenues last year from their Providence, RI location.
Revenue
$1.7b
Assets
$5.1b
Employees
0
EIN
04-6010342
IRS type
501(c)(3)

Cheryl Spencer Memorial Foundation

Private foundation in Dedham, MA. Funds charity mission, made 18 grants last year. Grantees include AFORAM - American FriendsRambam Hospital and others.
Revenue
$14.4m
Assets
$25.9m
Employees
0
EIN
04-6360057
IRS type
501(c)(3)

MetroWest Health Foundation

The MetroWest Health Foundation is an independent health philanthropy whose mission is to improve the health status of the community, its individuals, and families through informed and innovative leadership.
Revenue
$7.5m
Assets
$135.1m
Employees
5
EIN
04-2121342
IRS type
501(c)(3)

Nancy Lurie Marks Family Foundation

The Foundation is committed to understanding autism from a scientific perspective, increasing opportunities and services available to the autism community and educating the public about autism.
Revenue
$10.0m
Assets
$120.6m
Employees
6
EIN
04-2607232
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
$31.9m
Employees
6
EIN
04-2203700
IRS type
501(c)(3)

Alice S Ayling Scholarship Foundation

The Alice S Ayling Scholarship Foundation is a private foundation located in Boston, MA that primarily funds educational scholarships.
Revenue
$5.9m
Assets
$10.9m
Employees
2
EIN
22-2808952
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)

Telemachus and Irene Demoulas Family Foundation

The Telemachus and Irene Demoulas Family Foundation is a private foundation that is located in Chelmsford, MA. The Foundation makes annual grants to a Corpus of $2,441,916.
Revenue
$6.5m
Assets
$201.2m
Employees
0
EIN
04-3582759
IRS type
501(c)(3)

The Bromley Charitable Trust

The Bromley Charitable Trust is a private foundation that provides grants to Lion Guardian Us. It made 33 grants last year and is supported by Duncan Mcfarland. It is located in Westwood, MA.
Revenue
$6.8m
Assets
$13.8m
Employees
1
EIN
04-3237138
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)

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
$11.9m
Assets
$23.8m
Employees
0
EIN
22-2914691
IRS type
501(c)(3)

Gilson Family Foundation

The Gilson Family Foundation is a private foundation that provides funds for charitable distributions. Some of the grantees include Pittsfield High School. They made 20 grants last year. The foundation is located in Marblehead, MA.
Revenue
$7.4m
Assets
$29.7m
Employees
0
EIN
27-4379483
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)

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)

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)

Jampart Charitable Trust

Jampart Charitable Trust is a private foundation in Boston, MA, which was founded in 1969 and most recently had $5,718,396 in revenue and no employees.
Revenue
$5.7m
Assets
$80.4m
Employees
0
EIN
23-7009635
IRS type
501(c)(3)

Mussafer Family Foundation

The Mussafer Family Foundation is a private foundation that is located in Weston, MA. The trustees of the foundation are David M. Mussafer and Marion M. Mussafer. The foundation provides grants to Steppingstone Foundation.
Revenue
$5.9m
Assets
$56.6m
Employees
0
EIN
38-7216877
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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