EIN 04-3537449

Community Foundation of North Central Massachusetts

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2001
Most recent tax filings
2023-06-01
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
$8,936,344
2023
Total expenses
$8,035,240
2023
Total assets
$72,231,436
2023
Num. employees
7
2023

Program areas at Community Foundation of North Central Massachusetts

The Community Foundation of North cnetral 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 12 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 2022. Along with 15 other Community foundations, we partnered with Massachusetts state funding sources and private funders to distribute over $2 million in covid grants to North Central massachusets. 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. With the reorganization of our grant making schedule, we have seen an increase of board member involvement in each of these interest area grants committees. We have also begun to broaden the committees by inviting Community members to participate on the grant committees.

Grants made by Community Foundation of North Central Massachusetts

GranteeGrant descriptionAmount
Boys and Girls Club of Fitchburg and Leominster - A Nonprofit EducationalCommunity Development$981,696
The Bessemer Giving FundDaf "the Pang Family Fund"$842,550
United Way of North Central Massachussets (UWNCM)Pandemic Related, Social Services, Community Development, Etc$542,180
...and 78 more grants made totalling $5,802,288

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$2,256,500
Phoenix-Monadnock Charitable FoundationEnable Donee To Continue Exempt Function$458,356
United Way of North Central Massachussets (UWNCM)General Support$269,471
...and 8 more grants received

Personnel at Community Foundation of North Central Massachusetts

NameTitleCompensation
Linda MackVice President of Development and Donor Relations
Bari WeissDirector of Finance
Erin ThomasonDirector of Philanthropy Ext 105
Meghan MacEikoDirector of Grants and Impact Ext 104
Lisa NormandinOffice Manager
...and 5 more key personnel

Financials for Community Foundation of North Central Massachusetts

RevenuesFYE 06/2023
Total grants, contributions, etc.$5,880,781
Program services$69,216
Investment income and dividends$1,923,865
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$895,709
Net income from fundraising events$166,773
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,936,344

Form 990s for Community Foundation of North Central Massachusetts

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-09990View PDF
2022-062022-11-14990View PDF
2021-062021-10-11990View PDF
2020-062021-02-19990View PDF
2019-062019-11-29990View PDF
...and 10 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 25, 2023
Received grants
Identified 7 new grant, including a grant for $458,356 from Phoenix-Monadnock Charitable Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 6, 2023
Updated personnel
Identified 8 new personnel
July 8, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
MembershipsOperates donor advised fundsProvides grantsFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsFiscal sponsor
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
Independent
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