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Massachusetts foundations

There are 5,522foundations and grantmaking organizations in Massachusetts. Combined, these Massachusettsanfoundationsemploy 5,297 people, earn more than $23 billion in revenue each year, and have assets of $107 billion.
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Types of foundations in Massachusetts

Nonprofit typeNumberRevenues
Private foundations
4,533
$4,976,205,394
Grantmaking public charity foundations
404
$17,124,633,844
Corporate foundations
164
$1,469,338,054
Organizations supporting multiple foundations
132
$4,456,727
Community foundations
86
$597,305,064
Organizations supporting a single foundation
19
$709,203
Foundation professional societies
12
$5,663,182
Foundation technical and management assistance providers
5
$15,696,678
Foundation alliances and advocates
5
$7,734,763
Foundation research and public policy institutes
1
$0
Showing 10 of 10categories

Foundations by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
4,212
$22,255,899,252
Worcester
432
$142,641,389
Springfield, MA
307
$155,311,484
Providence, RI
206
$38,010,130
Barnstable Town
192
$51,263,672
Pittsfield
117
$52,937,081
Showing 6 of 6metros

Job trends for Massachusetts foundations

Employees per organizationNumber of organizations
0
3,420
1-10
250
11-25
26
26-100
12
101 to 1,000
5
1,000+
2
Key takeaways for employment stats:

Sizes of foundations in Massachusetts

Revenues per organizationNumber of organizations
< $250k
3,177
$250k to $1M
629
$1M to $5M
344
$5M to $25M
141
$25M to $100M
33
$100M+
12
Key takeaways for revenue stats:

Directory of foundations in Massachusetts

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1-20 of 5,522

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)

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)

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)

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)

Rowland Foundation

The Rowland Foundation is a private foundation that primarily funds charitable organizations. Last year, it made 40 grants to organizations such as Familyaid Boston.
Revenue
$6.5m
Assets
$35.7m
Employees
0
EIN
04-6046756
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)

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)

The Mugar Foundation

The Mugar Foundation is a private foundation that primarily funds donations to support the lower school playground capital fund and grantees that include Brimmer and May School. Last year, the foundation made seven grants. It is located in Boston, MA.
Revenue
$10.5m
Assets
$10.0m
Employees
0
EIN
80-0638652
IRS type
501(c)(3)

Brookline Community Foundation

Brookline Community Foundation promotes equity via innovative philanthropic partnerships, research, strategic grants to strengthen the community.
Revenue
$7.6m
Assets
$15.5m
Employees
10
EIN
04-2103944
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)

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)

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
$5.4m
Assets
$33.6m
Employees
0
EIN
83-2902136
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)

Jane E Fisher Charitable Trust / Foundation

Private foundation in Milton, MA funding neurorehabilitation, education and other causes through unrestricted grants.
Revenue
$16.1m
Assets
$17.2m
Employees
0
EIN
27-6987019
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)

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)

Merck Family Fund

The Merck Family Fund provides charitable grants that benefit the natural environment and socially/economically disadvantaged persons.
Revenue
$5.7m
Assets
$60.4m
Employees
3
EIN
22-6063382
IRS type
501(c)(3)

James S. McDonnell Family Foundation

The James S. McDonnell Family Foundation made 32 grants last year and its grantees include Trustees Of The Missouri Botanical Gardens.
Revenue
$13.6m
Assets
$112.6m
Employees
0
EIN
36-4507175
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)
Want more insights on foundations in Massachusetts?
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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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