//
Also known as: C/O SULLIVAN TIRE CO INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mfs Charitable Foundations Inc. is a private corporation based in NORWELL, MA. The foundation received its IRS ruling in 2000. The principal officer is Maureen Cullity. It holds total assets of $234K. Annual income is reported at $38K. Total assets have grown from $133K in 2011 to $212K in 2023. The foundation is governed by 3 officers and trustees. The organization does not conduct any direct charitable activities. The foundation's only activity is to make charitable contributions to approved organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts and California. According to available records, Mfs Charitable Foundations Inc. has made 8 grants totaling $71K, with a median grant of $9K. Annual giving has decreased from $30K in 2020 to $14K in 2023. Individual grants have ranged from $3K to $13K, with an average award of $9K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Massachusetts and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$9K
Average Grant
$10K
Largest Grant
$13K
Based on 3 grants from the most recent 990-PF filing.
The organization does not conduct any direct charitable activities. The foundation's only activity is to make charitable contributions to approved organizations.
Expenses: $30K
The organization does not conduct any direct charitable activities. The foundation's only activity is to make charitable contributions to approved organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, CA.
Mfs Charitable Foundations Inc. has distributed a total of $71K across 8 grants. The median grant size is $9K, with an average of $9K. Individual grants have ranged from $3K to $13K.
Mfs Charitable Foundations Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mfs Charitable Foundations Inc. is headquartered in NORWELL, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert D Sullivan | TREASURER | $0 | $0 | N/A |
| Maureen Cullity | CLERK | $0 | $0 | N/A |
| Paul J Sullivan | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$212K
Fair Market Value
$251K
Net Worth
$212K
Grants Paid
$14K
Contributions
$25K
Net Investment Income
$9K
Distribution Amount
$11K
Total Grants
8
Total Giving
$71K
Average Grant
$9K
Median Grant
$9K
Unique Recipients
6
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| South Shore Hospital FounTo support the CHARITY'S MISSION. | Weymouth, MA | $11K | 2023 |
| Hopewell IncTo support the CHARITY'S MISSION. | Dedham, MA | $3K | 2023 |
| South Shore Hospital FoundationTO SUPPORT THE CHARITY'S MISSION. | Weymouth, MA | $13K | 2022 |
| Old Colony YmcaTO SUPPORT THE CHARITY'S MISSION. | Brockton, MA | $8K | 2022 |
| Friendship HomeTO SUPPORT THE CHARITY'S MISSION. | Redondo Beach, CA | $6K | 2022 |
| South Shore HospitalTO SUPPORT THE CHARITY'S MISSION. | Weymouth, MA | $13K | 2020 |