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Cummings Foundation Inc. is a private corporation based in WOBURN, MA. The foundation received its IRS ruling in 1990. The principal officer is % Joseph Montano. It holds total assets of $2.2B. Annual income is reported at $485M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cummings Foundation Inc. has made 47 grants totaling $92.5M, with a median grant of $1K. Annual giving has grown from $117K in 2020 to $18.4M in 2023. Grantmaking activity was highest in 2022 with $74M distributed across 18 grants. Individual grants have ranged from $50 to $37M, with an average award of $2M. The foundation has supported 33 unique organizations. Grants have been distributed to organizations in Massachusetts and New Hampshire and New York. Contributions to this foundation are tax-deductible.
Cummings Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 47 grants. Its grantmaking reaches organizations primarily in MA, NH, NY.
Cummings Foundation Inc. has distributed a total of $92.5M across 47 grants. The median grant size is $1K, with an average of $2M. Individual grants have ranged from $50 to $37M.
Cummings Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cummings Foundation Inc. is headquartered in WOBURN, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marie Connoly | Exec Director, NHM | $181K | $16K | $227K |
| Christine Coakley | EXEC DIRECTOR, NHC | $150K | $36K | $186K |
| Laura Hiller | Deputy Dir & Asst Clerk | $97K | $3K | $100K |
| Robert Keefe Esq | Trustee (AS OF 1/2022) | $0 | $0 | $0 |
| Joyce Vyriotes | Exec Dir & Clerk | $0 | $0 | $0 |
Total Giving
$190.1M
Total Assets
$2.1B
Fair Market Value
$2.9B
Net Worth
$2B
Grants Paid
$18.4M
Contributions
$4.5M
Net Investment Income
$119.7M
Distribution Amount
$0
Total: $476.6M
Total Grants
47
Total Giving
$92.5M
Average Grant
$2M
Median Grant
$1K
Unique Recipients
33
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cummings Foundation Grants IncTRANSFER WAS MADE FOR ENDOWMENT PURPOSES | Woburn, MA | $18.4M | 2023 |
| Friends ForeverLEADERSHIP PROGRAMS | Durham, NH | $1K | 2022 |
| Winchester Meals On WheelsCommunity Welfare Program | Winchester, MA | $1K | 2020 |
| Mayor'S Charity Relief FundCIVIC FUNDRAISER | Marlborough, MA | $5K | 2023 |
| William F Grant | TRUSTEE | $0 | $0 | $0 |
| David Harris Phd | Trustee | $0 | $0 | $0 |
| Richard C Ockerbloom | Trustee | $0 | $0 | $0 |
| Carol A Donovan | Trustee | $0 | $0 | $0 |
| Anthony P Monaco Md Phd | Trustee | $0 | $0 | $0 |
| Patricia A Cummings Psy D | TRUSTEE & Vice President | $0 | $0 | $0 |
| Dennis A Clarke | TRUSTEE | $0 | $0 | $0 |
| William S Cummings | TRUSTEE & PRESIDENT | $0 | $0 | $0 |
| Joyce M Cummings | TRUSTEE & TREASURER | $0 | $0 | $0 |
| Steven Disalvo | Trustee | $0 | $0 | $0 |
| Paul C Casey | Trustee | $0 | $0 | $0 |
| Marilyn Cummings Morris Md Mph | Trustee | $0 | $0 | $0 |
| Thomas Pappas | TRUSTEE | $0 | $0 | $0 |
| Arlan F Fuller Md | Trustee | $0 | $0 | $0 |
| Hon Margot Botsford | Trustee | $0 | $0 | $0 |
| Ioannis Miaoulis Phd | TRUSTEE (AS OF 4/2022) | $0 | $0 | $0 |
| Jack Connors Jr | Trustee (AS OF 1/2022) | $0 | $0 | $0 |
| Eric S Anderson | TRUSTEE | $0 | $0 | $0 |
| Deborah T Kochevar Dvm Phd | Trustee (THRU 7/2022) | $0 | $0 | $0 |
| Agnes Binagwaho M D Phd | TRUSTEE (AS OF 4/2022) | $0 | $0 | $0 |
| Aisha Francis Phd | TRUSTEE | $0 | $0 | $0 |
| John Keenan J D | TRUSTEE (AS OF 7/2022) | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| St Charles Borromeo ParishCommunity Welfare Program |
| Woburn, MA |
| $5K |
| 2023 |
| Plymouth State UniversityEDUCATIONAL SCHOLARSHIPS | Plymouth, NH | $2K | 2023 |
| University Of Massachusetts-AmherstEDUCATIONAL SCHOLARSHIPS | Amherst, MA | $2K | 2023 |
| Vna Hospice Care IncCOMMUNITY HEALTHCARE PROGRAM | Woburn, MA | $1K | 2023 |
| Medford Jingle Bell FestivalCOMMUNITY HEALTHCARE PROGRAM | Medford, MA | $1K | 2023 |
| Oneworld Boston IncTRANSFER WAS MADE FOR ENDOWMENT PURPOSES | Woburn, MA | $37M | 2022 |
| Dana-Farber Cancer InstituteHEALTH RESEARCH AND PROGRAMS | Brookline, MA | $10K | 2022 |
| Alzheimer'S AssociationHEALTH RESEARCH AND PROGRAMS | Waltham, MA | $3K | 2022 |
| Winchester Seniors Association IncELDER SERVICES | Winchester, MA | $1K | 2022 |
| Winchester Foundation For Educational ExcellenceEDUCATIONAL PROGRAMMING | Winchester, MA | $1K | 2022 |
| Winchester Public LibraryEDUCATIONAL PROGRAMMING | Winchester, MA | $1K | 2022 |
| Worcester State UniversityEducational Programing | Worcester, MA | $2K | 2021 |
| Evening Of GivingCommunity Welfare Program | Marlborough, MA | $1K | 2021 |
| Neskaya IncCultural Arts Programming | Franconia, NH | $120 | 2021 |
| Artists For Humanity IncSOCIAL JUSTICE | Boston, MA | $103 | 2021 |
| Somerville Cambridge ElderElder Services | Somerville, MA | $100 | 2021 |
| Better Future Project IncConservation Programs | Cambridge, MA | $100 | 2021 |
| Supportive Living IncBrain Injury Residence | Woburn, MA | $100K | 2020 |
| Marlborough High SchoolEducational Programming | Marlborough, MA | $1K | 2020 |
| Medical Missionaries Of MaryReligious Program | Bronx, NY | $1K | 2020 |
| Friends Of Winter PondConservation Programs | Winchester, MA | $1K | 2020 |
| Kathi Glavin Higgins ScholarshipEducational Programming | Billerica, MA | $800 | 2020 |
| Rise AgainMental Health Program | N Billerica, MA | $800 | 2020 |
| Dana FarberHealth Research and Programs | Boston, MA | $500 | 2020 |
| New England Home For VeteransHomeless Shelter | Boston, MA | $500 | 2020 |
| Mishawum Choral SocietyCultural Arts Programming | Woburn, MA | $300 | 2020 |
| Aids Actions Committee Of MaHealth Research and Programs | Boston, MA | $100 | 2020 |
| Chelmsford High SchoolEducational Programming | Chelmsford, MA | $100 | 2020 |
| Pan Massachusetts Challenge IncHealth Research and Programs | Needham, MA | $50 | 2020 |
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