66 Worcester Business Journal | Book of Lists 2026 | wbjournal.com
Largest corporate foundations
Ranked by amount granted for most recent time period available
Foundation Amount granted Assets (1) Fiscal year end date
Top executive/
year founded (2)
1
Bank of America Charitable Foundation
100 N. Tryon St., NC1-007-27-03, Charlotte, N.C. 28255
980-386-9127 • bankofamerica.com
$216,309,069 $10,062,101 Dec. 31, 2024
Brian Moynihan
chair & CEO
2004
2
Walmart Foundation
702 SW 8th St., Dept. 9740, Bentonville, Ark. 72716
800-530-9925 • walmart.org
$119,938,388 $23,414,644 Jan. 31, 2025
Julie Gehrki
president
2006
3
Bristol Myers Squibb Foundation
Route 206 Province Line Road, Princeton, N.J. 08543
212-546-4200 • bms.com
$67,694,380 $83,250,878 Dec. 31, 2024
Catherine Grimes
president
1982
4
AbbVie Foundation
1 North Waukegan Road, North Chicago, Ill. 60064
847-938-8188 • abbvie.com
$54,700,762 $217,738,010 Dec. 31, 2024
Keya Milla
president
2013
5
M&T Charitable Foundation
1 M&T Plaza, 5th Floor, Buffalo, N.Y. 14203
716-848-7303 • www3.mtb.com
$48,037,488 $182,221,917 Dec. 31, 2024
Dominique Goss
executive director
1994
6
Mathworks Foundation
1 Apple Hill Drive, Natick 01760
508-647-7000 • mathworks.com
$35,377,700 $444,786,571 Dec. 31, 2025
Jeanne O'Keefe
chief financial officer
2019
7
The TJX Foundation
770 Cochituate Road, Framingham 01701
508-390-1000 • tjx.com
$26,343,467 $77,197,851 Jan. 31, 2025
Erica Farrell
senior vice president & treasurer
1967
8
TD Charitable Foundation
2211 Congress St., Portland, Maine 04102
207-317-4829 • td.com
$24,933,150 $9,141,189 Oct. 31, 2025
Paige Carlson-Heim
director
2002
9
CVS Health Foundation
1 CVS Drive, Woonsocket, R.I. 02895
401-765-1500 • cvshealth.com
$21,466,313 $194,297,030 Dec. 31, 2024
Jenny McColloch
president
1993
10
Eastern Bank Foundation
125 High St., Boston 02110
800-327-8376 • easternbank.com
$14,699,750 $249,698,317 Dec. 31, 2024
Turahn Dorsey
president & CEO, Eastern Bank Foundation
1994
11
Whole Foods Market Foundation (3)
550 Bowie St., Austin, Texas 78703
512-542-0959 • wholeplanetfoundation.org
$11,942,085 $27,645,280 Dec. 31, 2024
Daniel Zoltani
executive director
2007
12
Point32Health Foundation
1 Wellness Way, Canton 02021
617-972-9400 • point32health.org
$9,263,173 $125,418,878 Dec. 31, 2024
Kristin Lewis
president
2008
13
Verizon Foundation
P.O. Box 627, Basking Ridge, N.J. 07920
908-559-2735 • verizon.com
$7,012,851 $23,768,481 Dec. 31, 2024
Rose Kirk
president
1987
14
Eversource Energy Foundation
P.O. Box 270, Hartford, Conn. 06141
860-665-3306 • eversource.com
$6,163,548 $12,483,906 Dec. 31, 2024
Theresa Hopkins-Staten
president
1999
15
National Grid Foundation
175 East Old Country Road, Hicksville, N.Y. 11801
516-545-6100 • nationalgrid.com
$5,439,800 $37,959,519 Dec. 31, 2024
Robert Simmons III
executive director
1998
16
CLA Foundation
220 S. 6th St., Suite 300, Minneapolis, Minn. 55402
612-376-4500 • claconnect.com
$3,349,158 $2,612,215 Dec. 31, 2024
Susan Carter
executive director
2015
17
Citizens Philanthropic Foundation
101 JFK Parkway, Short Hills, N.J. 07078
732-395-1594 • citizensbank.com
$3,108,750 $18,684,342 Dec. 31, 2024
Keri Santos
senior vice president & director of corporate giving
2006
18
Boston Scientific Foundation
300 Boston Scientific Way, Marlborough 01752
508-683-4000 • bostonscientific.com
$2,785,001 $31,166,359 Dec. 31, 2025
Kaoru Lee Adair
director
2002
19
Blue Cross Blue Shield of Massachusetts Foundation
101 Huntington Ave., Suite 1300, Boston 02199
617-246-6783 • bluecrossmafoundation.org
$2,720,970 $107,454,283 Dec. 31, 2024
Kaitlyn Kenney Walsh
president & CEO
1992
20
Rockland Trust Charitable Foundation
288 Union St., Rockland 02370
781-982-6100 • rocklandtrust.com
$2,606,563 $51,368,981 Dec. 31, 2024
Andrea Borowiecki
vice president, charitable giving & community engagement
2005
Sources: Candid, ProPublica and individual foundations and foundation websites. Note: Foundations associated with companies that have a presence in Central Mass. were considered
for this list.
(1) For nonprofits that report a 990-PF filing; assets are fair market value of all assets.
(2) Or nonprofit ruling year
(3) In 2024, Whole Planet Foundation, Whole Cities and Whole Kids united as Whole Foods Market
Foundation.
-Compiled by: Heide Martin, hmartin@nebusinessmedia.com
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