www.wbjournal.com February 16, 2014 • Worcester Business Journal 19
Largest private foundations
Ranked by assets for most recent fiscal year available
Foundation Assets
Amount granted
Percent of assets granted Organization contact Year founded
1
The George I. Alden Trust
370 Main St., Worcester 01608
508-459-8005 • www.aldentrust.org
$192,537,442
$9,044,638
5%
Warner S. Fletcher
Chairman
1896
2
MetroWest Health Foundation
161 Worcester Rd., Ste. 202, Framingham 01701
508-879-7625 • www.mwhealth.org
$99,955,446
$2,861,165
3%
Cathy Glover
Director, Grants Management
1999
3
The Stoddard Charitable Trust
370 Main St., 12th Fl., Worcester 01608
508-459-8000
$86,778,827
$4,139,853
5%
Warner S. Fletcher
Chairman
1939
4
Hermann Foundation Inc.
370 Main St., Ste. 925, Worcester 01608
508-756-4657
$66,146,245
$3,001,333
5%
Henry Lusardi
Treasurer
2003
5
The George F. and Sybil H. Fuller Foundation
370 Main St., Ste. 660, Worcester 01608
508-755-1684 • www.gsfullerfoundation.org
$55,754,146
$3,485,506
6%
Mark W. Fuller,
Chairman & Treasurer
1962
6
The TJX Foundation Inc.
770 Cochituate Rd., Framingham 01701
774-308-3199 • www.tjx.com
$39,630,915
$10,698,656
27%
Christine A. Strickland
Manager
1967
7
Sudbury Foundation
326 Concord Rd., Sudbury 01776
978-443-0849 • www.sudburyfoundation.org
$32,912,658
$990,432
3%
Marilyn Martino
Executive Director
1952
8
The Fletcher Foundation
370 Main St., 12th Fl., Worcester 01608
508-459-8000
$30,518,240
$1,388,144
5%
Warner S. Fletcher
Secretary-Treasurer
1981
9
Mildred H. McEvoy Foundation
370 Main St., 12th Fl., Worcester 01608
508-459-8000
$29,199,916
$1,108,000
4%
Sumner B. Tilton Jr.
Trustee
1963
10
Robert Lloyd Corkin Charitable Foundation
6 Bigelow St., Hudson 01749
508-481-4000
$23,222,856 *
$1,074,550 *
5% *
Marjorie C. Kaplan
Trustee
1967
11
Ruth H. and Warren A. Ellsworth Foundation
370 Main St.,12th Fl., Worcester 01608
508-459-8000
$22,090,221
$950,500
4%
Sumner B. Tilton Jr.
Trustee
1964
12
Boston Scientific Foundation
300 Boston Scientific Way, Marlborough 01752
508-683-4000 • www.bostonscientific.com
$20,262,893
$1,131,695
6%
Jean F. Lance
President & Director
2002
13
Fels Family Foundation
370 Main St., Ste. 800, Worcester 01608
508-756-2423
$18,533,867
$697,100
4%
Gerald Fels
Trustee
2004
14
Dunn Family Charitable Foundation
30 Nagog Pk., Ste. 210, Acton 01720
978-952-8884
$18,423,329
$860,359
5%
Raymond J. Dunn III
Trustee
1994
15
The Steinberg-Lalli Charitable Foundation
P.O. Box 2350, Acton 01720
978-263-2989
$12,390,995
$796,216
6%
Stephen P. Steinberg
Trustee
2005
16
Melvin S. Cutler Charitable Foundation
306 Main St., Ste. 400, Worcester 01615
508-791-0901
$11,577,277 *
$556,415 *
5% *
Greenberg, Rosenblatt &
Association
Trustees
1981
Sources: www.foundationcenter.org, GuideStar, a 501(c)(3) that collects and presents 990 forms for IRS-registered nonprofits and foundation websites.
* Data are same as reported last year; no new data were available at press time.
- Compiled by: Roger Magnus and Heide Martin, rmagnus@nebusinessmedia.com
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