Issue link: https://nebusinessmedia.uberflip.com/i/1505430
72 Giving Guide 2023 Worcester Business Journal www.wbjournal.com Largest grant-making foundations and nonprofits Ranked by assets for the most recent time period available Organization Assets Amount granted Fiscal year end date Top executive/ year founded 1 Mathworks Foundation 1 Apple Hill Drive, Natick 01760 508-647-7000 • mathworks.com $250,693,701 $20,608,000 Dec. 31, 2022 Jeanne O'Keefe CFO 2019 2 The George I. Alden Trust 370 Main St., 11th Floor, Worcester 01608 508-459-8005 • aldentrust.org $215,486,000 $10,289,000 Dec. 31, 2022 Warner S. Fletcher chair 1912 3 Greater Worcester Community Foundation 370 Main St., Suite 650, Worcester 01608 508-755-0980 • greaterworcester.org $175,495,578 $8,414,379 Dec. 31, 2022 Peter Dunn president & CEO (1) 1975 4 Stoddard Charitable Trust 370 Main St., 11th Floor, Worcester 01608 508-459-8000 • N/A $104,552,000 $4,870,000 Dec. 31, 2022 Warner S. Fletcher chair 1939 5 MetroWest Health Foundation 161 Worcester Road, Suite 202, Framingham 01701 508-879-7625 • mwhealth.org $99,772,227 $5,028,594 Sept. 30, 2022 Cathy Glover grants management director 1999 6 The TJX Foundation 770 Cochituate Road, Framingham 01701 508-390-1000 • tjx.com $84,142,448 $21,637,596 Jan. 29, 2022 John Klinger executive VP & CFO 1967 7 Health Foundation of Central Massachusetts 446 Main St., 20th Floor, Worcester 01608 508-438-0009 • hfcm.org $81,500,000 (2) $3,370,000 (2) Dec. 31, 2022 Amie Shei president & CEO 1999 8 Hermann Foundation 370 Main St., Suite 925, Worcester 01608 508-756-4657 • N/A $78,383,000 $4,355,000 Dec. 31, 2022 Maryann Copeland treasurer 2003 9 Community Foundation of North Central Massachusetts 649 John Fitch Highway, Fitchburg 01420 978-345-8383 • cfncm.org $67,231,130 $5,578,883 June 30, 2022 Steve Adams president 2001 10 The Fletcher Foundation 370 Main St., 11th Floor, Worcester 01608 508-459-8000 • N/A $59,048,000 $3,059,000 Dec. 31, 2022 Allen W. Fletcher chair 1981 11 George F. and Sybil H. Fuller Foundation 81C Shrewsbury St., P.O. Box 757, Boylston 01505 508-755-1684 • gsfullerfoundation.org $43,620,000 $2,209,000 Dec. 31, 2022 Mark W. Fuller chair 1962 12 Sudbury Foundation 326 Concord Road, Sudbury 01776 978-443-0849 • sudburyfoundation.org $41,303,970 $2,022,098 Dec. 31, 2022 Sonia Shah executive director 1952 13 Robert Lloyd Corkin Charitable Foundation c/o The Entwistle Co., 6 Bigelow St., Hudson 01749 508-481-4000 • N/A $40,492,813 $1,288,078 Dec. 31, 2021 Marjorie C. Kaplan trustee 1967 14 Mildred H. McEvoy Foundation 370 Main St., Suite 1200, Worcester 01608 508-459-8000 • N/A $39,875,000 $2,058,905 Dec. 31, 2022 Sumner B. Tilton Jr. secretary 1963 15 Reliant Foundation (3) 311 Main St., 2nd Floor, Worcester 01608 508-231-4673 • reliantfoundation.org $31,984,712 $800,000 Dec. 31, 2021 Kelsa Zereski president 1988 16 Foundation for MetroWest Inc. 3 Eliot St., Natick 01760 508-647-2260 • foundationmw.org $31,216,524 $3,760,053 Dec. 31, 2021 Jay Kim executive director 1995 17 Boston Scientific Foundation 300 Boston Scientific Way, Marlborough 01752 508-683-4000 • bostonscientific.com $29,606,405 $1,214,910 Dec. 31, 2021 Alexandra Canney treasurer 2002 18 Bonney Family Foundation (4) c/o Flanigan, Cotillo & Mainzer LLP, 1881 Worcester Road, Suite 200, Framingham 01701 508-820-2915 • N/A $29,581,775 $3,500,000 Dec. 31, 2021 Michael W. Bonney president 2001 19 Fels Family Foundation 333 Shrewsbury St., Worcester 01604 $26,965,912 $1,194,400 Dec. 31, 2021 Gerald Fels trustee Largest grant-making foundations and nonprofits Ranked by assets for the most recent time period available Contact/ Organization Assets Amount granted Fiscal year end date Year founded