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wbjournal.com | Book of Lists 2025 | Worcester Business Journal 43 Largest grant-making foundations & nonprofits Ranked by assets for most recent time period available Organization Assets (1) Amount granted Fiscal year end date Top executive/ year founded 1 Mathworks Foundation 1 Apple Hill Drive, Natick 01760 508-647-7000 • mathworks.com $424,415,799 $23,186,000 Dec. 31, 2024 Jeanne O'Keefe chief financial officer 2019 2 The George I. Alden Trust 370 Main St., 11th Floor, Worcester 01608 508-459-8005 • aldentrust.org $255,765,000 $11,478,000 Dec. 31, 2024 Warner S. Fletcher chair 1912 3 Greater Worcester Community Foundation 370 Main St., Suite 650, Worcester 01608 508-755-0980 • greaterworcester.org $227,398,849 $8,528,859 Dec. 31, 2024 Peter Dunn president & CEO 1975 4 Stoddard Charitable Trust 370 Main St., 11th Floor, Worcester 01608 508-459-8000 • N/A $134,590,198 $5,626,000 Dec. 31, 2024 Warner S. Fletcher chair 1939 5 MetroWest Health Foundation 161 Worcester Road, Suite 202, Framingham 01701 508-879-7625 • mwhealth.org $125,787,047 $3,697,006 Sept. 30, 2024 Phillip González president & CEO 1999 6 Hermann Foundation 89 Shrewsbury St., #200, Worcester 01604 508-755-7107 • N/A $101,629,891 $4,553,045 Dec. 31, 2024 Maryann Copeland treasurer 2003 7 The Health Foundation of Central Massachusetts 446 Main St., 20th Floor, Worcester 01608 508-438-0009 • thfcm.org $88,250,000 $2,740,000 (2) Dec. 31, 2024 Amie Shei president & CEO 1999 8 Community Foundation of North Central Massachusetts 649 John Fitch Highway, Fitchburg 01420 978-345-8383 • cfncm.org $79,629,282 $5,226,458 June 30, 2024 Steve Adams president 2001 9 The Fletcher Foundation 370 Main St., 11th Floor, Worcester 01608 508-459-8000 • N/A $72,657,921 $3,324,500 Dec. 31, 2024 Allen W. Fletcher chair 1981 10 The TJX Foundation 770 Cochituate Road, Framingham 01701 508-390-1000 • tjx.com $70,445,955 $23,322,493 Feb. 3, 2024 Erica Farrell senior vice president & treasurer 1967 11 Mildred H. McEvoy Foundation 370 Main St., Suite 1200, Worcester 01608 508-459-8000 • N/A $50,202,497 $1,797,060 Dec. 31, 2024 Sumner B. Tilton Jr. co-trustee 1963 12 George F. and Sybil H. Fuller Foundation 81C Shrewsbury St., P.O. Box 757, Boylston 01505 508-755-1684 • gsfullerfoundation.org $46,683,752 $2,182,450 Dec. 31, 2024 Mark W. Fuller chair 1962 13 Robert Lloyd Corkin Charitable Foundation c/o The Entwistle Co., 6 Bigelow St., Hudson 01749 508-481-4000 • N/A $40,370,799 $1,786,500 Dec. 31, 2023 Marjorie C. Kaplan trustee 1967 14 Sudbury Foundation 326 Concord Road, Sudbury 01776 978-443-0849 • sudburyfoundation.org $35,452,264 $1,909,203 (3) Dec. 31, 2023 Sonia Shah executive director 1952 15 Boston Scientific Foundation 300 Boston Scientific Way, Marlborough 01752 508-683-4000 • bostonscientific.com $28,545,749 $1,170,000 Dec. 31, 2024 Kaoru Lee Adair director 2002 16 Community Foundation for MetroWest 3 Eliot St., Natick 01760 508-647-2260 • communityfoundationmw.org $28,303,759 $4,170,415 Dec. 31, 2023 Jay Kim executive director 1995 17 Reliant Foundation (4) 311 Main St., 2nd Floor, Worcester 01608 508-231-4663 • reliantfoundation.org $27,900,604 $850,000 Dec. 31, 2023 Kelsa Zereski president 1988 18 The Hoche-Scofield Foundation 370 Main St., 12th floor, Worcester 01608 508-459-8000 • N/A $23,136,627 $478,000 Dec. 31, 2024 Sumner B. Tilton Jr. co-trustee 1983 Sources: GuideStar by Candid and individual foundations and foundation websites. Note: N/A=not available or not applicable. (1) For private foundations which submit a 990PF filing, assets shown represent fair market value of all assets. (2) Figure not audited and therefore approximated (3) Amount awarded including multi-year grants; grants and scholarships paid were $1,630,898. (4) Reliant Foundation is a 501(c)(3) nonprofit which makes grants as a public charity; it is not a private foundation nor a community foundation. -Compiled by: Heide Martin, hmartin@nebusinessmedia.com E D U C A T I O N & N O N P R O F I T S F O C U S