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Massachusetts private foundations

There are 4,533private foundations in Massachusetts. Combined, these Massachusettsanprivate foundationsemploy 833 people, earn more than $5 billion in revenue each year, and have assets of $36 billion.
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Types of private foundations in Massachusetts

Nonprofit typeNumberRevenues
Private foundations
4,533
$4,976,205,394
Corporate foundations
164
$1,469,338,054
Showing 2 of 2categories

Private foundations by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
3,502
$4,707,913,427
Worcester
345
$62,101,599
Springfield, MA
248
$115,976,311
Providence, RI
154
$18,561,685
Barnstable Town
142
$28,979,578
Pittsfield
99
$32,681,871
Showing 6 of 6metros

Sizes of private foundations in Massachusetts

Revenues per organizationNumber of organizations
< $250k
2,822
$250k to $1M
568
$1M to $5M
296
$5M to $25M
112
$25M to $100M
26
$100M+
5
Key takeaways for revenue stats:

Directory of private foundations in Massachusetts

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1-20 of 4,533

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

Edward C. Johnson Fund

The Edward C. Johnson Fund, a Boston-based corporate foundation, supports endowment, operating costs, property care, and preservation with grants to nonprofits.
Revenue
$22.9m
Assets
$496.6m
Employees
1
EIN
04-6108344
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)

MWC Foundation

The MWC Foundation, based in Boston, funds general support initiatives and made 91 grants last year, including to Fidelity Investments Charitable Gift Fund.
Revenue
$5.0m
Assets
$19.7m
Employees
0
EIN
22-2914691
IRS type
501(c)(3)

The Summer Isle Foundation

The The Summer Isle Foundation is a private foundation located in South Hamilton, MA that primarily funds to promote its charitable purpose. Grantees include We Charity. Made two grants last year.
Revenue
$11.8m
Assets
$17.2m
Employees
0
EIN
81-3882939
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
$5.2m
Assets
$164.6m
Employees
8
EIN
04-3334973
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
$48.5m
Assets
$56.6m
Employees
0
EIN
47-3359784
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 "T20: Private 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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