EIN 04-3537449

Community Foundation of North Central Massachusetts

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
2001
Most recent tax filings
2024-06-01
NTEE code, primary
Description
Community Foundation of North Central Massachusetts manages charitable funds and promotes philanthropy in the region. It acts as a trusted steward, providing flexible giving options to achieve donors' charitable goals through leadership, collaboration, and grantmaking. The non-profit foundation assists individuals, families, businesses, and non-profit organizations to establish their charitable funds. It also provides education, guidance and resources to strengthen and improve the community.
Total revenues
$9,751,867
2024
Total expenses
$6,083,844
2024
Total assets
$79,629,282
2024
Num. employees
6
2024

Program areas at Community Foundation of North Central Massachusetts

The Community Foundation of North Central Massachusetts is a non-profit Foundation that manages charitable funds established by individuals, families, businesses and other non-profit organizations. Our mission is to promote philantrophy in our region and to support philanthropists to invest in the communities and causes they care passionately about. Donors established 11 new charitable funds this year with us, such as scholarship, designated, donor advised, fiscal sponsors and agency funds. We continued to rise to the occasion during the ongoing covid crisis in 2023. Along with 15 other Community foundations, we partnered with Massachusetts state funding sources and private funders to distribute over $500,000 in covid grants to North Central Massachusetts. These grants focused on the support and needs of homeless people and addressing food insecurity in our communities. We continued to distribute from our discretionary funds to nonprofits in North Central Massachusetts and beyond who's missions aligned with our interest areas in the environment, education and career readiness, Community enrichment, organizational development, healthcare and critical Community needs.

Grants made by Community Foundation of North Central Massachusetts

GranteeGrant descriptionAmount
Groton Hill Music (IHM)Arts & Culture$695,700
Boys and Girls Club of Fitchburg and Leominster - A Nonprofit EducationalYouth Development$609,378
United Way of North Central Massachussets (UWNCM)Social Services$368,758
...and 87 more grants made totalling $3,781,559

Who funds Community Foundation of North Central Massachusetts

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$538,800
Phoenix-Monadnock Charitable FoundationEnable Donee To Continue Exempt Function$434,404
Klarman Family FoundationMassachusetts Community Grants: To Support Current Community Needs for Fiscal Years 2023 and 2024$100,000
...and 5 more grants received

Personnel at Community Foundation of North Central Massachusetts

NameTitleCompensation
Steve AdamsPresident and Recording Secretary
Bari WeissDirector of Finance
Erin ThomasonDirector of Philanthropy$107,194
Meghan MaceikoDirector of Grants and Impact
Stephen J AdamsPresident$177,684

Financials for Community Foundation of North Central Massachusetts

RevenuesFYE 06/2024
Total grants, contributions, etc.$5,377,126
Program services$115,264
Investment income and dividends$2,220,811
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,068,536
Net income from fundraising events$-29,870
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,751,867

Form 990s for Community Foundation of North Central Massachusetts

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-14990View PDF
2023-062023-11-09990View PDF
2022-062022-11-14990View PDF
2021-062021-10-11990View PDF
2020-062021-02-19990View PDF
...and 11 more Form 990s
Data update history
January 8, 2025
Received grants
Identified 3 new grant, including a grant for $100,000 from Klarman Family Foundation
January 4, 2025
Posted financials
Added Form 990 for fiscal year 2024
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $2,500 from The Fleetwing Charitable Foundation Trust
September 21, 2024
Updated personnel
Identified 1 new personnel
July 17, 2024
Received grants
Identified 2 new grant, including a grant for $434,404 from Phoenix-Monadnock Charitable Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
649 John Fitch Hwy
Fitchburg, MA 01420
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
cfncm.org/ 
Phone
(978) 345-8383
IRS details
EIN
04-3537449
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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