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Boston private foundations

There are 3,676 private foundations in the greater Boston metro area, including the cities of Boston, Cambridge, Framingham, Newton, and Waltham. Combined, these Boston metro private foundations employ 637 people, earn more than $6 billion in revenue each year, and have assets of $35 billion.
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Types of private foundations in Boston

Nonprofit typeNumberRevenues
Private foundations
 
3,676
 
$5,927,529,749
Corporate foundations
 
72
 
$1,751,235,302
Showing 2 of 2 categories

Sizes of private foundations in Boston

Revenues per organizationNumber of organizations
< $250k
 
2,077
$250k to $1M
 
600
$1M to $5M
 
351
$5M to $25M
 
134
$25M to $100M
 
38
$100M+
 
3
Key takeaways for revenue stats:

Directory of private foundations in Boston

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1-20 of 3,676

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)

Hamoui Foundation

Private foundation in MA funding k-1 and general charitable contributions for lung cancer detection and treatment, with 11 grants made last year.
Revenue
$9.1m
Assets
$49.8m
Employees
0
EIN
27-3280120
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)

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)

Ann Theodore Foundation

The Ann Theodore Foundation is a private foundation that makes grants to support future donations, education for low-income seniors and adults, and children in kindergarten through 12th grade.
Revenue
$7.6m
Assets
$73.6m
Employees
0
EIN
81-4558318
IRS type
501(c)(3)

Spector Foundation

The Spector Foundation is a private foundation that provides funding to religious, charitable, and educational organizations. The Boston Foundation is one of its grantees. Last year, it made one grant. It is located in Boston, MA.
Revenue
$6.8m
Assets
$89.0m
Employees
0
EIN
27-1536343
IRS type
501(c)(3)

Mussafer Family Foundation

The Mussafer Family Foundation is a Boston, MA-based family foundation that primarily funds operations, has made 57 grants in the past year, and supports grantees such as Tulane University and others.
Revenue
$5.9m
Assets
$56.6m
Employees
0
EIN
38-7216877
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)

Limestone Foundation

The Limestone Foundation is a Boston-based family foundation funding general operating support for nonprofits like the Center On Budget and Policy Priorities.
Revenue
$8.6m
Assets
$46.2m
Employees
0
EIN
47-7017224
IRS type
501(c)(3)

Chestnut Fund

The Chestnut Fund is a private foundation located in Boston, MA that made $2,750,000 in annual grants last year. It is supported by 1 and has total assets of $58,338,326.
Revenue
$8.1m
Assets
$54.9m
Employees
0
EIN
47-7017184
IRS type
501(c)(3)

Ruderman Family Foundation

The Ruderman Family Foundation promotes mental health, social justice, and strategic philanthropy for individuals with disabilities and enhances understanding within the Jewish community.
Revenue
$8.7m
Assets
$163.6m
Employees
9
EIN
04-3334973
IRS type
501(c)(3)

The Ceres Foundation

The Ceres Foundation is a Groton, MA-based family foundation funding education and workforce development, supporting groups like Thrive Scholars.
Revenue
$5.3m
Assets
$169.6m
Employees
2
EIN
91-2170962
IRS type
501(c)(3)

Alice S Ayling Scholarship Foundation

The Alice S Ayling Scholarship Foundation is a Woburn, MA private foundation that provides educational scholarships, including grants to Keene State College.
Revenue
$5.9m
Assets
$10.9m
Employees
2
EIN
22-2808952
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)

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)

Plum Bush Foundation

The Plum Bush Foundation is a private foundation located in Millis, MA. It primarily funds unrestricted grants and made three grants last year. Its grantees include the Yellowstone Club Community Foundation and others.
Revenue
$11.9m
Assets
$16.3m
Employees
0
EIN
87-6783468
IRS type
501(c)(3)

Mac Five Foundation

The Mac Five Foundation is a Lincoln, MA-based family foundation funding general support in science, technology, and medicine, with recent grants to multiple organizations.
Revenue
$34.7m
Assets
$103.2m
Employees
0
EIN
36-4507175
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)

Jacobson Family Foundation Trust

The One8 Foundation is a Boston family foundation funding education, community, health, and youth programs, including the One8 Applied Learning Hub.
Revenue
$64.5m
Assets
$401.1m
Employees
22
EIN
04-6836735
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
$13.7m
Assets
$119.9m
Employees
6
EIN
04-2607232
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 "T20: Private Foundations" 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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