Worcester Business Journal

wbjournal.com | Book of Lists 2018 | Worcester Business Journal 139 G E N E R A L I N T E R E S T F O C U S Largest private foundations Ranked by assets for the most recent time period available Foundation Assets/ time period Amount granted/ % of assets granted Organization contact(s) Year founded 1 The George I. Alden Trust 370 Main St., Worcester 01608 508-459-8005 • www.aldentrust.org $181,282,447 CY 2016 $8,243,000 5% Warner S. Fletcher chairman 1896 2 MetroWest Health Foundation 161 Worcester Road, Suite 202, Framingham 01701 508-879-7625 • www.mwhealth.org $98,208,804 Oct. 1, 2015 to Sept. 30, 2016 $2,814,066 3% Cathy Glover director, grants management 1999 3 The Stoddard Charitable Trust 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $86,533,403 CY 2016 $4,822,655 6% Warner S. Fletcher chairman 1939 4 The Collings Foundation 137 Barton Road, Stow 01775 800-568-8924 • www.collingsfoundation.org $86,498,133 Dec. 1, 2015 to Nov. 30, 2016 $7,078,921 8% Robert Collings Jr. executive director 1979 5 Hermann Foundation Inc. 370 Main St., Suite 925, Worcester 01608 508-756-4657 $64,387,787 CY 2016 $3,436,684 5% Henry Lusardi treasurer 2003 6 The TJX Foundation Inc. 770 Cochituate Road, Framingham 01701 508-390-2300 • www.tjx.com $59,145,300 Jan. 31, 2016 to Jan. 28, 2017 $12,909,001 22% Mary B. Reynolds treasurer & senior vice president 1967 7 The George F. and Sybil H. Fuller Foundation 370 Main St., Suite 660, Worcester 01608 508-755-1684 • www.gsfullerfoundation.org $48,808,656 * CY 2016 $2,951,500 6% Mark W. Fuller chairman & treasurer 1962 8 Sudbury Foundation 326 Concord Road, Sudbury 01776 978-443-0849 • www.sudburyfoundation.org $31,367,331 CY 2016 $882,050 3% Marilyn Martino executive director 1952 9 Mildred H. McEvoy Foundation 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $28,831,275 CY 2016 $1,271,000 4% Sumner B. Tilton Jr. trustee 1963 10 The Fletcher Foundation 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $28,232,978 CY 2016 $1,363,084 5% Warner S. Fletcher secretary-treasurer 1981 11 Robert Lloyd Corkin Charitable Foundation ** 6 Bigelow St., Hudson 01749 508-481-4000 $27,580,318 CY 2016 $1,378,875 5% Marjorie C. Kaplan trustee 1967 12 Fels Family Foundation 370 Main St., Suite 800, Worcester 01608 508-756-2423 $23,823,639 CY 2016 $711,800 3% Gerald Fels Marilyn Fels co-trustees 2004 13 Dunn Family Charitable Foundation 30 Nagog Park, Suite 210, Acton 01720 978-952-8884 $23,049,185 Nov. 1, 2015 to Oct. 31, 2016 $925,625 4% William J. Chase trustee 1994 14 Boston Scientific Foundation 300 Boston Scientific Way, Marlborough 01752 508-683-4000 • www.bostonscientific.com $21,072,630 CY 2016 $817,978 4% Jean F. Lance president & director 2002 15 The Fred Harris Daniels Foundation Inc. 210 Park Ave., Suite 307, Worcester 01609 danielsfoundation.org $19,634,787 Nov. 1, 2015 to Oct. 31, 2016 $987,500 5% Fred H. Daniels II president 1949 16 Ruth H. and Warren A. Ellsworth Foundation 370 Main St.,12th Floor, Worcester 01608 508-459-8000 $19,624,458 CY 2016 $855,500 4% Sumner B. Tilton Jr. trustee 1964 17 The Hoche-Scofield Foundation *** 370 Main St., 12th Floor, Worcester 01608 508-459-8000 $17,625,304 CY 2016 $768,948 4% Warner S. Fletcher Sumner B. Tilton Jr. co-trustees 1983 Sources: www.foundationcenter.org and GuideStar, a 501(c)(3) that collects and presents 990 forms for IRS-registered nonprofits and foundation websites. Note: CY = calendar year * Website states 2016 end of year assets were $49,012,205 ** C/O The Entwistle Co. *** Contact information for trustees; contact listed on 990 form is P.O. Box 1802, Providence, R.I. 02901, 888-866-3275 - Compiled by: Heide Martin, hmartin@nebusinessmedia.com 14 students were awarded grants from the Sudbury Foundation's Atkinson Program in 2017. The George I. Alden Trust granted more than $10.1 million to colleges, public schools and other local organizations in 2017. Pictured is Chairman Warner Fletcher. The George F. and Sybil H. Fuller Foundation in 2017 spent 71.4 percent on capital grants, 18.4 percent on operating grants and 10.2 percent for scholarship grants totaling almost $2.9 million. Boston Scientific Foundation has donated more than $32 million to community organizations since 2002. The Collings Foundation began construction of a 65,000-square-foot American Heritage Museum in Stow after years of a court battle with the town. The new museum will be home to exhibits from the country's past military conflicts, including the country's largest private collection of military vehicles.

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