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Massachusetts foundations

There are 5,555foundations and grantmaking organizations in Massachusetts. Combined, these Massachusettsanfoundationsemploy 5,298 people, earn more than $22 billion in revenue each year, and have assets of $105 billion.
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Types of foundations in Massachusetts

Nonprofit typeNumberRevenues
Private foundations
4,566
$4,758,514,336
Grantmaking public charity foundations
403
$16,800,736,398
Corporate foundations
135
$990,081,465
Organizations supporting multiple foundations
131
$4,338,934
Community foundations
84
$554,845,400
Organizations supporting a single foundation
19
$728,317
Foundation professional societies
11
$5,102,411
Foundation technical and management assistance providers
5
$94,634,456
Foundation alliances and advocates
5
$7,698,635
Foundation research and public policy institutes
1
$0
Showing 10 of 10categories

Foundations by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
4,234
$21,781,254,869
Worcester
432
$134,652,480
Springfield, MA
312
$185,274,796
Providence, RI
211
$43,280,915
Barnstable Town
191
$47,651,177
Pittsfield
117
$65,446,504
Showing 6 of 6metros

Job trends for Massachusetts foundations

Employees per organizationNumber of organizations
0
2,717
1-10
255
11-25
26
26-100
11
101 to 1,000
5
1,000+
2
Key takeaways for employment stats:

Sizes of foundations in Massachusetts

Revenues per organizationNumber of organizations
< $250k
3,245
$250k to $1M
602
$1M to $5M
323
$5M to $25M
130
$25M to $100M
34
$100M+
14
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
$13.7m
Assets
$22.2m
Employees
73
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
$14.7b
Assets
$56.7b
Employees
0
EIN
11-0303001
IRS type
501(c)(3)

Baystate Health Foundation

To inspire a ''culture of philanthropy and encourage philanthropic relationships that will support the mission and vision of Baystate Health which is to improve the health of the people in our community every day, with quality and compassion.
Revenue
$19.2m
Assets
$158.2m
Employees
29
EIN
04-3549011
IRS type
501(c)(3)

Combined Jewish Philanthropies of Greater Boston

CJP inspires and mobilizes the diverse Boston Jewish community to strengthen Jewish life and improve the world through programs and grants.
Revenue
$231.1m
Assets
$2.2b
Employees
188
EIN
04-2103559
IRS type
501(c)(3)

The Ceres Foundation

The Ceres Foundation is a private foundation located in Gaithersburg, MD. Last year, it made $2,128,030 in annual grants. It has $22,534,460 in total assets.
Revenue
$68.1m
Assets
$175.2m
Employees
1
EIN
91-2170962
IRS type
501(c)(3)

Jacobson Family Foundation Trust

The Jacobson Family Foundation Trust is a private foundation located in Boston, MA. It made $32,079,005 in annual grants last year and has $501,969,593 in total assets.
Revenue
$12.3m
Assets
$443.7m
Employees
21
EIN
04-6836735
IRS type
501(c)(3)

Richard and Susan Smith Family Foundation

The Richard and Susan Smith Family Foundation is committed to effecting permanent positive change in the lives of the residents of Greater Boston, particularly individuals and families in economically disadvantaged communities.
Revenue
$30.6m
Assets
$318.2m
Employees
5
EIN
23-7090011
IRS type
501(c)(3)

Ruderman Family Foundation

The Ruderman Family Foundation believes that inclusion and understanding of all people is essential to a fair and flourishing community.
Revenue
$20.9m
Assets
$168.6m
Employees
7
EIN
04-3334973
IRS type
501(c)(3)

Perfect Seas Foundation

The Perfect Seas Foundation is a private foundation located in Boston, MA. The foundation primarily invests its money in stocks, and it earned $50,000 in dividends last year, so it gave $10,000 to a grantee.
Revenue
$7.0m
Assets
$117.4m
Employees
N/A
EIN
84-3835636
IRS type
501(c)(3)

Keane Family Foundation

The Keane Family Foundation is a private foundation located in Needham, MA. The foundation makes annual grants totaling $597,000 and has total assets of $19,577,649.
Revenue
$18.2m
Assets
$34.8m
Employees
N/A
EIN
04-6743248
IRS type
501(c)(3)

Edward C. Johnson Fund

The Edward C. Johnson Fund is a private foundation that primarily funds operating support, endowment, and art acquisition. Grantees include the Fidelity Investments Charitable Gift Fund. The fund made three grants last year and is located in Boston, MA.
Revenue
$105.6m
Assets
$495.5m
Employees
2
EIN
04-6108344
IRS type
501(c)(3)

Hemenway& Barnes

HEMENWAY& BARNES is a private foundation located in Boston, MA that made 25 grants last year. The majority of their grants went to operating support and the clinical health network for transformation project.
Revenue
$6.9m
Assets
$67.4m
Employees
2
EIN
27-3422536
IRS type
501(c)(3)

Champions of Love Foundation

The Champions of Love Foundation is a private foundation located in Boston, MA that primarily funds general grants for various organizations. Last year, the foundation made 157 grants to grantees such as Epiphany School Inc and others.
Revenue
$43.7m
Assets
$51.8m
Employees
N/A
EIN
86-1229287
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
$14.3m
Assets
$91.0m
Employees
N/A
EIN
27-1536343
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
$25.3m
Assets
$44.7m
Employees
N/A
EIN
47-3359784
IRS type
501(c)(3)

Twelve Stars Foundation

The Twelve Stars Foundation primarily funds to support the foundation's mission. The grantees include Rhode Island Hospital Foundation. The made one grant last year. The nonprofit type is private foundation. The located in Lincoln, MA.
Revenue
$9.8m
Assets
$32.6m
Employees
N/A
EIN
83-2902136
IRS type
501(c)(3)

Heather and Robert Keane Family Foundation

The Heather and Robert Keane Family Foundation is a private foundation located in Boston, MA. Its purpose is to provide grants for the loss on sale of stocks and bonds. Last year, it made 14 grants to Freedom House Inc.
Revenue
$5.2m
Assets
$15.8m
Employees
N/A
EIN
20-4818414
IRS type
501(c)(3)

Technical Training Foundation

Technical Training Foundation is a private foundation controlled by Wensley Hefni and Suzanne Wright that primarily funds scientific and technical training education.
Revenue
$9.9m
Assets
$56.4m
Employees
2
EIN
04-2864138
IRS type
501(c)(3)

Trustey Family Foundation Trust

The Trustey Family Foundation Trust is a Boston-based private foundation that primarily funds the way forward campaign for McLean Hospital. It has made a single grant last year to its grantee, McLean Hospital.
Revenue
$8.2m
Assets
$10.7m
Employees
0
EIN
85-2092356
IRS type
501(c)(3)

Reeder Foundation

Reeder Foundation's grantmaking focuses on education and youth. In a recent year, the foundation gave away around $1.3 million. Reeder, via his foundation, has supported his alma maters Oberlin and MIT.
Revenue
$9.2m
Assets
$48.6m
Employees
0
EIN
04-3542100
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 "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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