Issue link: https://nebusinessmedia.uberflip.com/i/1023845
66 Giving Guide 2018 Worcester Business Journal www.wbjournal.com Largest charitable foundations Ranked by assets for most recent fiscal year available Foundation Assets Description 1 The George I. Alden Trust 370 Main St., Worcester 01608 508-459-8005 • www.aldentrust.org $181,282,447 Priority given to higher education, predominantly in support of independent undergraduate education; giving to YMCAs in Massachusetts 2 Greater Worcester Community Foundation Inc. 370 Main St., Suite 650, Worcester 01608 508-755-0980 • greaterworcester.org $157,015,405 Serves all cities and towns in Worcester County; funds established and granted on behalf of individuals, families and nonprofits 3 MetroWest Health Foundation 161 Worcester Road, Suite 202, Framingham 01701 508-879-7625 • www.mwhealth.org $105,574,677 Grants to provide unmet health needs of the community; support of programs that are not customarily operated by hospitals in Massachusetts 4 The Stoddard Charitable Trust 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $86,533,403 Grants awarded in the cultural, educational and social service need areas in the city of Worcester only 5 The Health Foundation of Central Massachusetts Inc. 446 Main St., 20th Floor, Worcester 01608 508-438-0009 • www.hfcm.org $67,332,819 Uses resources to improve the health of those who live or work in the Central Massachusetts region, with particular emphasis on vulnerable populations and unmet needs 6 Hermann Foundation Inc. 370 Main St., Suite 925, Worcester 01608 508-756-4657 $64,387,787 Giving primarily for healthcare and medical research, education, children, youth and social services 7 The TJX Foundation Inc. 770 Cochituate Road, Framingham 01701 508-390-2300 • www.tjx.com $59,145,300 Contributes to programs that provide basic-need services to disadvantaged children, women and families including domestic violence prevention, education, social services and adoption services 8 The George F. and Sybil H. Fuller Foundation 370 Main St., Suite 660, Worcester 01608 508-755-1684 • www..gsfullerfoundation.org $52,232,839 Focused on area organizations in the spheres of culture, education, health care, recreation, social services and religion 9 Community Foundation of North Central Massachusetts 285 John Fitch Highway, Suite 1, Fitchburg 01420 978-345-8383 • www.cfncm.org $49,083,564 Serves 33 communities in North Central Massachusetts; grantmaking, education, guidance and resources to strengthen and improve communities 10 The Casey & Family Foundation P.O. Box 623, Harvard 01451 978-456-8086 $42,640,199 Recent giving primarily focused on environmental and health causes 11 Bonney Family Foundation c/o Flanigan, Cotillo & Mainzer LLP 1881 Worcester Road, Suite 200, Framingham 01701 508-820-2915 $36,701,988 Giving primarily focused on education 12 Sudbury Foundation 326 Concord Road, Sudbury 01776 978-443-0849 • www.sudburyfoundation.org $31,367,331 Grants scholarships to students; single and multi-year grants to various charitable organizations that support community building and civic issues, the environment, local social services, arts and culture 13 Mildred H. McEvoy Foundation 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $28,831,275 Giving focused on health, educational, cultural and human service organizations based in Worcester and Boothbay, Maine 14 The Fletcher Foundation 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $28,232,978 Giving focused on education, the arts, community development and human services 15 Robert Lloyd Corkin Charitable Foundation (a) 6 Bigelow St., Hudson 01749 508-481-4000 $27,580,318 Giving primarily for education, a children's hospital, human services, Jewish agencies and temples 16 Herb and Maxine Jacobs Foundation Inc. (b) C/O Goulston & Storrs, 400 Atlantic Ave., Suite 401, Boston 02110 617-482-1776 $25,951,099 Gifts and grants focused on cancers, diseases and conditions; human services; Judaism 17 Fels Family Foundation 370 Main St., Suite 800, Worcester 01608 508-756-2423 $23,823,639 Supports animal welfare, Christianity, education and human services 18 Glass Charitable Foundation 55 Old Village Road, Sturbridge 01566 413-739-1800 • thempgroupcpa.com (c) $23,087,317 Recent grants focused on health and education locally and nationally Largest Charitable Foundations Foundation Assets Description Ranked by assets for most recent fiscal year available 19 Dunn Family Charitable Foundation 30 Nagog Park, Suite 210, Acton 01720 978-952-8884 $23,049,185 Emphasis on education, health and human services, youth, the disabled, the elderly, ethnic minorities, community development 20 Boston Scientific Foundation 300 Boston Scientific Way, Marlborough 01752 508-683-4000 •www.bostonscientific.com $21,072,630 Grants provided to health and education-related organizations focused on individuals or communities with significant unmet needs, such as those who are economically disadvantaged, located within approximately 30 miles of Marlborough or Natick 21 Fred Harris Daniels Foundation Inc. 210 Park Ave., Suite 307, Worcester 01609 danielsfoundation.org $19,634,787 Grants focusing on girls ages 10 to 14 to solve societal challenges in Worcester by funding programs and institutions that help people become more self-reliant