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Filing year 2024

MASSMUTUAL FOUNDATION INC

Springfield, Massachusetts·EIN 47-4967720·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$58.9M
Total assets
$34.3M
Total expenses
$48.5M
Reported officers
15

Reported officers (all unpaid)

No paid executives reported in 2024. MASSMUTUAL FOUNDATION INC reported 15 unpaid officers and board members on its 990-PF.

President/ceo
Treasurer
Assistant Treasurer
Clerk
Associate Clerk
Associate Clerk
Director
Director (joined 11/11/2024)
Director
Director (joined 11/11/2024)
Director
Director (joined 11/11/2024)
Director
Vice President
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$24.4M

Itemized grants

5

Median grant

$896k

RecipientLocationPurposeAmount
AMERICAN ONLINE GIVING FOUNDATIONNEWARK, DEEXEMPT PURPOSE$21.8M
UNIVERSITY OF MASSACHUSETTS AMHERST FOUNDATION INCMEMORIAL HALL, MAEXEMPT PURPOSE$1.5M
COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTSSPRINGFIELD, MAEXEMPT PURPOSE$896k
SAINT FRANCIS HOSPITAL & MEDICAL CENTER FOUNDATION INCHARTFORD, CTEXEMPT PURPOSE$250k
COMMUNITY UNITED WAY OF PIONEER VALLEY INCSPRINGFIELD, MAEXEMPT PURPOSE$23k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MASSMUTUAL FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$820k
$27.6M
2023
$58.9M
$48.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

MASSMUTUAL FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about MASSMUTUAL FOUNDATION INC

What are MASSMUTUAL FOUNDATION INC's revenue and expenses?

In 2024, MASSMUTUAL FOUNDATION INC reported $58.9M in total revenue and $48.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.