Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023
| Position | Total |
|---|---|
Exec Director, Nhm Unclassified | $226k $249k |
Exec Director, Nhc Unclassified | $178k $197k |
Deputy Director (as of 9/23) Unclassified | $159k $175k |
Dep Dir/asst Clerk (thru 7/23) Unclassified | $113k $124k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 25 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at Cummings Foundation Inc equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$18.4M
Itemized grants
7
Median grant
$2k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| CUMMINGS FOUNDATION GRANTS INC | WOBURN, MA | TRANSFER WAS MADE FOR ENDOWMENT PURPOSES | $18.4M |
| ST CHARLES BORROMEO PARISH | WOBURN, MA | Community Welfare Program | $5k |
| MAYOR'S CHARITY RELIEF FUND | MARLBOROUGH, MA | CIVIC FUNDRAISER | $5k |
| PLYMOUTH STATE UNIVERSITY | PLYMOUTH, NH | EDUCATIONAL SCHOLARSHIPS | $2k |
| UNIVERSITY OF MASSACHUSETTS-AMHERST | AMHERST, MA | EDUCATIONAL SCHOLARSHIPS | $2k |
| MEDFORD JINGLE BELL FESTIVAL | MEDFORD, MA | COMMUNITY HEALTHCARE PROGRAM | $1k |
| VNA HOSPICE CARE INC | WOBURN, MA | COMMUNITY HEALTHCARE PROGRAM | $1k |
This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Cummings Foundation Inc
What are Cummings Foundation Inc's revenue and expenses?
In 2023, Cummings Foundation Inc reported $297.5M in total revenue and $190.1M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.
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