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Boston corporate foundations

There are 114corporate foundations in the greater Bostonmetro area, including the cities of Boston, Cambridge, Framingham, Newton, and Waltham. Combined, these Boston metro corporate foundationsemploy 34 people, earn more than $945 million in revenue each year, and have assets of $4 billion.
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Job trends for Boston corporate foundations

Employees per organizationNumber of organizations
0
74
1-10
1
11-25
0
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of corporate foundations in Boston

Revenues per organizationNumber of organizations
< $250k
50
$250k to $1M
23
$1M to $5M
20
$5M to $25M
5
$25M to $100M
4
$100M+
1
Key takeaways for revenue stats:

Directory of corporate foundations in Boston

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1-20 of 114

Fiduciary Trust Charitable

Fiduciary Trust Charitable accepts securities and administers donor advised funds to facilitate charitable giving.
Revenue
$36.4m
Assets
$115.3m
Employees
0
EIN
04-6649138
IRS type
501(c)(3)

Liberty Mutual Foundation

To invest the expertise, leadership and the financial strength of Liberty Mutual Insurance and its employees to improve the lives of our most vulnerable neighbors.
Revenue
$61.1m
Assets
$53.1m
Employees
0
EIN
14-1893520
IRS type
501(c)(3)

State Street Foundation

The State Street Foundation was established in 1904 as the philanthropic arm of State Street Corporation. Its purpose is to invest in communities where State Street employees live and work. The Foundation made a grant last year.
Revenue
$25.5m
Assets
$12.1m
Employees
0
EIN
56-2615567
IRS type
501(c)(3)

Clermont Foundation

The Clermont Foundation is a private foundation located in Boston, MA that grants funds to organizations working to improve communities in the US.
Revenue
$19.8m
Assets
$40.0m
Employees
0
EIN
04-6772671
IRS type
501(c)(3)

Eastern Bank Foundation (EBCF)

The Eastern Bank Charitable Foundation is a leader in corporate philanthropy and serves as the charitable arm of Eastern Bank. For almost 200 years, Eastern Bank has contributed to the health and vitality of the communities they serve.
Revenue
$13.8m
Assets
$224.9m
Employees
0
EIN
22-3317340
IRS type
501(c)(3)

Oneworld Boston

OneWorld Boston is a corporate foundation that made 394 grants last year. Grantees include Partners In Health. trustees are William S Cummings, Joyce M Cummings, Patricia A Cummings Psy D. It is located in Woburn, MA.
Revenue
$50.6m
Assets
$224.3m
Employees
0
EIN
80-0681389
IRS type
501(c)(3)

Fidelity Foundation

The Fidelity Foundation is a private, nonoperating foundation committed to building capacity in nonprofit organizations.
Revenue
$667.4m
Assets
$3.0b
Employees
33
EIN
04-6131201
IRS type
501(c)(3)

The New England Patriots Charitable Foundation

The New England Patriots Charitable Foundation is a corporate foundation that funds human services, youth services, military assitance, education, children's services, special needs or diability services, and medical research.
Revenue
$5.3m
Assets
$5.1m
Employees
0
EIN
04-3244069
IRS type
501(c)(3)

New Balance Foundation for International Giving

Corporate foundation in Boston primarily funding contributions to donor advised funds for future distribution. One grant made last year.
Revenue
$5.1m
Assets
$8.2m
Employees
0
EIN
45-2546820
IRS type
501(c)(3)

The Vertex Foundation

The Vertex Foundation is a nonprofit organization headquartered in Boston, MA, that makes grants to various charities. It is funded by Vertex Pharmaceuticals Incorporated, and last year it granted 125 grants to various organizations.
Revenue
$10.6m
Assets
$8.0m
Employees
N/A
EIN
82-3101518
IRS type
501(c)(3)

The Baker Family Foundation

The Baker Family Foundation is a corporate foundation that primarily funds support for grantees, which include the Renaissance Charitable Foundation. It made one grant last year and is located in Milton, MA.
Revenue
$3.2m
Assets
$6.1m
Employees
0
EIN
04-3535659
IRS type
501(c)(3)

Entegris Foundation

Entegris Foundation is a corporate foundation in Billerica, MA, which was founded in 2021 and most recently had $2,726,030 in revenue and no employees.
Revenue
$2.7m
Assets
$7.1m
Employees
N/A
EIN
85-3863257
IRS type
501(c)(3)

TJX Foundation

To deliver great value to customers through the combination of brand, fashion, price, and quality. We believe that our demographic reach is among the widest in retail as we attract a broad range of fashion.
Revenue
$2.4m
Assets
$61.1m
Employees
0
EIN
04-2399760
IRS type
501(c)(3)

Everett Co-Operative Bank Charitable Foundation

The Everett Co-Operative Bank Charitable Foundation is a corporate foundation located in Everett, MA. It primarily funds charity and made two grants last year, including Team Impact and others.
Revenue
$3.2m
Assets
$4.7m
Employees
0
EIN
88-3453777
IRS type
501(c)(3)

The Hastings Family Foundation

The Hastings Family Foundation is a corporate foundation located in Boston, MA that primarily funds general purpose. It made 24 grants last year to various organizations including Denison University and others.
Revenue
$2.5m
Assets
$1.3m
Employees
0
EIN
45-0632100
IRS type
501(c)(3)

MFS Investment Management Foundation

Corporate foundation funding general and charitable events, squash court naming rights in honor of Rob Manning. Located in Boston, MA.
Revenue
$3.6m
Assets
$13.6m
Employees
0
EIN
87-1687549
IRS type
501(c)(3)

Suffolk Cares Charitable Foundation

The Suffolk Cares Charitable Foundation is a corporate foundation that provides financial support to several charitable, civic, and educational organizations.
Revenue
$4.0m
Assets
$3.3m
Employees
0
EIN
20-5409073
IRS type
501(c)(3)

Fox Rock Foundation

The Fox Rock Foundation is a corporate foundation located in Quincy, MA that primarily funds unrestricted contributions and made 20 grants last year. Its grantees include New England Wildlife Center and others.
Revenue
$2.1m
Assets
$239.7k
Employees
0
EIN
04-3510635
IRS type
501(c)(3)

LPL Financial Foundation

The LPL Financial Foundation is a corporate foundation that supports organizations like Communities In Schools Of Charlotte Mecklenburg Inc. It made 1,267 grants last year and is located in Boston, MA.
Revenue
$3.2m
Assets
$6.8m
Employees
N/A
EIN
27-4171978
IRS type
501(c)(3)

Salem Five Charitable Foundation

The Salem Five Charitable Foundation is a corporate foundation that primarily funds exempt purposes. The foundation's purpose is to provide a federal tax refund. Grantees include Stoneham Theatre CORP and others. The foundation made 256 grants last year.
Revenue
$3.9m
Assets
$15.0m
Employees
0
EIN
04-3342405
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 "T21: Corporate 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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