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Also known as: The Hanover Insurance Group Foundation
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Hanover Insurance Group Foundation Inc. is a private corporation based in WORCESTER, MA. The foundation received its IRS ruling in 1991. The principal officer is Kimberly Salmon. It holds total assets of $2.7M. Annual income is reported at $587K. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Massachusetts and Michigan. According to available records, Hanover Insurance Group Foundation Inc. has made 226 grants totaling $7.6M, with a median grant of $13K. The foundation has distributed between $1.5M and $3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3M distributed across 78 grants. Individual grants have ranged from $3K to $484K, with an average award of $34K. The foundation has supported 134 unique organizations. The foundation primarily supports organizations in Massachusetts, Michigan, Minnesota, which account for 91% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$15K
Average Grant
$38K
Largest Grant
$451K
Based on 39 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hanover Insurance Group Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 226 grants. Its grantmaking reaches organizations primarily in MA, MI, MN.
Hanover Insurance Group Foundation Inc. has distributed a total of $7.6M across 226 grants. The median grant size is $13K, with an average of $34K. Individual grants have ranged from $3K to $484K.
Hanover Insurance Group Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is No formal policy instituded. No formal policy instituded.
Hanover Insurance Group Foundation Inc. is headquartered in WORCESTER, MA. While based in MA, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sandra H Aramony | Assistant Treasurer | $0 | $0 | N/A |
| Kimberly Salmon | President | $0 | $0 | N/A |
| Richard W Lavey | Vice President | $0 | $0 | N/A |
| Jennifer F Luisa | Senior Vice President | $0 | $0 | N/A |
| Celeste J Nelson | Treasurer | $0 | $0 | N/A |
| Charles F Cronin | Clerk | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$3.6M
Fair Market Value
$3.6M
Net Worth
$3.6M
Grants Paid
$1.6M
Contributions
$549K
Net Investment Income
$101K
Distribution Amount
$191K
Total: $3M
Total Grants
226
Total Giving
$7.6M
Average Grant
$34K
Median Grant
$13K
Unique Recipients
134
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Other - Information Available In Taxpayer'S OfficeCharitable Contribution | Worcester, MA | $414K | 2023 |
| United Way Of Central MassachusettsCharitable Contribution | Worcester, MA | $244K | 2023 |
| Scholarship AmericaCharitable Contribution | Detroit, MI | $79K | 2023 |
| United Way Of Livingston CountyCharitable Contribution | Brighton, MI | $55K | 2023 |
| Shoes That FitCharitable Contribution | Claremont, CA | $55K | 2023 |
| Boys & Girls Club Of Central MaCharitable Contribution | Worcester, MA | $55K | 2023 |
| Worcester Education CollaborativeCharitable Contribution | Worcester, MA | $50K | 2023 |
| Rise Above FoundationCharitable Contribution | Northbridge, MA | $35K | 2023 |
| Guild Of St AgnesCharitable Contribution | Worcester, MA | $35K | 2023 |
| LacasaCharitable Contribution | Howell, MI | $33K | 2023 |
| Worcester Community Action CouncilCharitable Contribution | Worcester, MA | $30K | 2023 |
| Edward M Kennedy Community Health CenterCharitable Contribution | Worcester, MA | $30K | 2023 |
| Ymca Of Central MaCharitable Contribution | Worcester, MA | $28K | 2023 |
| Creative HubCharitable Contribution | Worcester, MA | $28K | 2023 |
| Edward Street Child ServicesCharitable Contribution | Worcester, MA | $28K | 2023 |
| Yes We CareCharitable Contribution | Worcester, MA | $25K | 2023 |
| Massachusetts Women Of Color CoalitionCharitable Contribution | Worcester, MA | $20K | 2023 |
| Worcester Public Library FoundationCharitable Contribution | Worcester, MA | $20K | 2023 |
| Working For WorcesterCharitable Contribution | Worcester, MA | $20K | 2023 |
| Friendly HouseCharitable Contribution | Worcester, MA | $20K | 2023 |
| Boys & Girls Club Of Grand RapidsCharitable Contribution | Grand Rapids, MI | $18K | 2023 |
| Regional Environment CouncilCharitable Contribution | Worcester, MA | $15K | 2023 |
| Brilliant DetroitCharitable Contribution | Detroit, MI | $15K | 2023 |
| Bbbs Of Central MaCharitable Contribution | Worcester, MA | $15K | 2023 |
| Boys & Girls Club Of Greater FlintCharitable Contribution | Flint, MI | $15K | 2023 |
| Caleb'S KidsCharitable Contribution | Detroit, MI | $15K | 2023 |
| Fourblock FoundationCharitable Contribution | New York, NY | $15K | 2023 |
| Howell Area Parks & Recreation AuthorityCharitable Contribution | Howell, MI | $15K | 2023 |
| Westran Insurance Scholarship FoundationCharitable Contribution | Lansing, MI | $14K | 2023 |
| Wide Horizons For ChildrenCharitable Contribution | Waltham, MA | $13K | 2023 |
| HmeaCharitable Contribution | Franklin, MA | $10K | 2023 |
| Trinity Catholic AcademyCharitable Contribution | Southbridge, MA | $10K | 2023 |
| Detroit Horse PowerCharitable Contribution | Detroit, MI | $10K | 2023 |
| Boys & Girls Club Of Southeastern MichiganCharitable Contribution | Farmington, MI | $10K | 2023 |
| Catholic CharitiesCharitable Contribution | Worcester, MA | $10K | 2023 |
| Children'S Advocacy CenterCharitable Contribution | Grand Rapids, MI | $10K | 2023 |
| Community Harvest ProjectCharitable Contribution | North Grafton, MA | $10K | 2023 |
| Family Promise Of West MichiganCharitable Contribution | Grand Rapids, MI | $10K | 2023 |
| Hospice Of MichiganCharitable Contribution | Ann Arbor, MI | $10K | 2023 |
| Massachusetts Lgbt Chamber Of CommerceCharitable Contribution | Boston, MA | $10K | 2023 |
| Alternatives For GirlsCharitable Contribution | Detroit, MI | $10K | 2023 |
| Pride ProductionsCharitable Contribution | Worcester, MA | $10K | 2023 |
| Genesis Club HouseCharitable Contribution | Worcester, MA | $10K | 2023 |
| Contributions Less Than 10000Charitable Contribution | Shrewsbury, MA | $451K | 2022 |
| United Way Of Central MaCharitable Contribution | Worcester, MA | $239K | 2022 |