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Mfs Investment Management Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2022. The principal officer is % Anne Marie Bernard. It holds total assets of $20.2M. Annual income is reported at $8.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mfs Investment Management Foundation Inc. has made 82 grants totaling $2.7M, with a median grant of $10K. The foundation has distributed between $1.2M and $1.5M annually from 2022 to 2023. Individual grants have ranged from $500 to $564K, with an average award of $32K. The foundation has supported 46 unique organizations. The foundation primarily supports organizations in Massachusetts, Delaware, New York, which account for 80% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Mfs Investment Management Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 82 grants. Its grantmaking reaches organizations primarily in MA, DE, NY.
Mfs Investment Management Foundation Inc. has distributed a total of $2.7M across 82 grants. The median grant size is $10K, with an average of $32K. Individual grants have ranged from $500 to $564K.
Mfs Investment Management Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mfs Investment Management Foundation Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Heidi W Hardin | Clerk, Dir | $0 | $0 | $0 |
| Amrit A Kanwal | Dir, Treas | $0 | $0 | $0 |
| Mark A Leary | Dir, Pres | $0 | $0 | $0 |
Total Giving
$1.3M
Total Assets
$13.6M
Fair Market Value
$13.6M
Net Worth
$13.6M
Grants Paid
$1.2M
Contributions
$3M
Net Investment Income
$539K
Distribution Amount
$555K
Total Grants
82
Total Giving
$2.7M
Average Grant
$32K
Median Grant
$10K
Unique Recipients
46
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Online Giving Foundation IncGeneral & Unrestricted | Newark, DE | $564K | 2023 |
| City Year IncGeneral & Unrestricted | Boston, MA | $200K | 2023 |
| American Red Cross - Massachusetts Regional HeadquGeneral & Unrestricted | Medford, MA | $100K | 2023 |
| Cradles To Crayons IncGeneral & Unrestricted | Newton, MA | $50K | 2023 |
| Squashbusters IncGeneral & Unrestricted | Boston, MA | $50K | 2023 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $40K | 2023 |
| American Friends Of Natal IncGeneral & Unrestricted | New York, NY | $30K | 2023 |
| United States Fund For UnicefGeneral & Unrestricted | New York, NY | $30K | 2023 |
| Jumpstart For Young Children IncGeneral & Unrestricted | Boston, MA | $25K | 2023 |
| Valedictorian Project IncGeneral & Unrestricted | Watertown, MA | $20K | 2023 |
| Roxbury Stone House IncGeneral & Unrestricted | Jamaica Plain, MA | $15K | 2023 |
| Peoples FundGeneral & Unrestricted | Honolulu, HI | $11K | 2023 |
| Saheli IncGeneral & Unrestricted | Burlington, MA | $10K | 2023 |
| Neighborhood Villages IncGeneral & Unrestricted | Jamaica Plain, MA | $10K | 2023 |
| Boys & Girls Club Of Stoneham IncGeneral & Unrestricted | Stoneham, MA | $5K | 2023 |
| Malden Warming CenterGeneral & Unrestricted | Malden, MA | $5K | 2023 |
| Boys And Girls Clubs Of Boston IncGeneral & Unrestricted | Boston, MA | $4K | 2023 |
| The Baseball IncGeneral & Unrestricted | Roxbury, MA | $3K | 2023 |
| New England Aquarium CorporationGeneral & Unrestricted | Boston, MA | $3K | 2023 |
| The Uk Online Giving FoundationGeneral & Unrestricted | London | $1K | 2023 |
| Pine Street Inn IncGeneral & Unrestricted | Boston, MA | $1K | 2023 |
| One Tree Planted IncGeneral & Unrestricted | Shelburne, VT | $1K | 2023 |
| Letters Against Isolation IncGeneral & Unrestricted | Boston, MA | $1K | 2023 |
| RememberusorgGeneral & Unrestricted | Plymouth, MA | $1K | 2023 |
| Massachusetts Association For Mental HealthGeneral & Unrestricted | Boston, MA | $500 | 2023 |
| Girls Incorporated Of Greater LowellGeneral & Unrestricted | Lowell, MA | $500 | 2023 |
| The Greater Boston Food Bank IncGeneral & Unrestricted | Boston, MA | $100K | 2022 |
| Bridge Over Troubled Waters IncGeneral & Unrestricted | Boston, MA | $52K | 2022 |
| The American Ireland FundGeneral & Unrestricted | Boston, MA | $25K | 2022 |
| Boston Health Care For The Homeless Program IncCharitable Event | Boston, MA | $25K | 2022 |
| Womens Lunch Place IncGeneral & Unrestricted | Boston, MA | $15K | 2022 |
| The Posse Foundation IncCharitable Event | New York, NY | $15K | 2022 |
| Childrens Hospital CorporationGeneral & Unrestricted | Boston, MA | $10K | 2022 |
| Boston Collegiate Charter School Foundation IncGeneral & Unrestricted | Dorchester, MA | $10K | 2022 |
| Sandy Hook Promise FoundationGeneral & Unrestricted | Newtown, CT | $10K | 2022 |
| Museum Of Fine ArtsGeneral & Unrestricted | Boston, MA | $10K | 2022 |
| Generation Citizen IncGeneral & Unrestricted | New York, NY | $10K | 2022 |
| Canadian Online Giving FoundationGeneral & Unrestricted | Calgary | $7K | 2022 |
| Boston Harbor Now IncGeneral & Unrestricted | Boston, MA | $6K | 2022 |
| Alzheimers Disease And Related Disorders AssociatiGeneral & Unrestricted | San Jose, CA | $5K | 2022 |
| Global Empowerment Mission IncGeneral & Unrestricted | Doral, FL | $5K | 2022 |
| Greater Boston Legal Services IncGeneral & Unrestricted | Boston, MA | $5K | 2022 |
| Isabella Stewart Gardner Museum IncGeneral & Unrestricted | Boston, MA | $5K | 2022 |
| Project Citizenship IncGeneral & Unrestricted | Boston, MA | $5K | 2022 |
| Boston Public Library Fund IncGeneral & Unrestricted | Boston, MA | $5K | 2022 |
| The Trustee For The Australian Online Giving FoundGeneral & Unrestricted | Chatswood | $2K | 2022 |
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