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Filing year 2024

MFS Investment Management Foundation Inc

Boston, Massachusetts·EIN 87-1687549·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8.4M
Total assets
$20.2M
Total expenses
$1.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. MFS Investment Management Foundation Inc reported 3 unpaid officers and board members on its 990-PF.

Clerk, Dir
Dir, Treas
Dir, Pres

Grants paid

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

Total granted

$1.7M

Itemized grants

36

Median grant

$10k

RecipientLocationPurposeAmount
AMERICAN ONLINE GIVING FOUNDATION INCNEWARK, DEGeneral & Unrestricted$748k
CITY YEAR INCBOSTON, MAGeneral & Unrestricted$200k
HORIZONS FOR HOMELESS CHILDREN INCROXBURY, MAGeneral & Unrestricted$150k
CRADLES TO CRAYONS INCNEWTON, MAGeneral & Unrestricted$100k
SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INCNEW YORK, NYGeneral & Unrestricted$75k
AMERICAN NATIONAL RED CROSSMEDFORD, MAGeneral & Unrestricted$50k
PREPARATORY FOUNDATION INCHYDE PARK, MAPersistence Project$50k
SQUASHBUSTERS INCBOSTON, MAGeneral & Unrestricted$50k
WORLD CENTRAL KITCHEN INCORPORATEDWASHINGTON, DCClimate Disaster Fund$50k
EMPOWER-EMERGING MARKETS FOUNDATIONNEW YORK, NYEMpower Annual Dinner - Impact Sponsor Donation$25k
JUMPSTART FOR YOUNG CHILDREN INCBOSTON, MAGeneral & Unrestricted$25k
SALVATION ARMYCANTON, MAGeneral & Unrestricted$25k
THE BOTTOM LINE INCBOSTON, MAGeneral & Unrestricted$25k
VALEDICTORIAN PROJECT INCWATERTOWN, MAGeneral & Unrestricted$20k
BOSTON CASA INCBOSTON, MAGeneral & Unrestricted$15k
MULTICULTURAL AIDS COALITION INCBOSTON, MAGeneral & Unrestricted$15k
BAGLY INCBOSTON, MAGeneral & Unrestricted$10k
HOPE AND COMFORT INCNEEDHAM, MAGeneral & Unrestricted$10k
UNITED STATES FUND FOR UNICEFNEW YORK, NYBrazil Floods Fund$10k
UPWARD PROJECTDORCHESTR CTR, MAGeneral & Unrestricted$10k
GOLDEN OPPORTUNITIES FOR INDEPENDENCEWALPOLE, MAGeneral & Unrestricted$8k
AMERICAN FRIENDS OF UN TECHO PARA MI PAIS INCMIAMI, FLGeneral & Unrestricted$5k
BOYS AND GIRLS CLUBS OF BOSTON INCBOSTON, MAGeneral & Unrestricted$5k
GREATER BOSTON LEGAL SERVICES INCBOSTON, MAGeneral & Unrestricted$5k
PRADIYA FOUNDATIONLEXINGTON, MAGeneral & Unrestricted$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MFS Investment Management Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.6M
$1.3M
2023
$8.4M
$1.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

MFS Investment Management 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 MFS Investment Management Foundation Inc

What are MFS Investment Management Foundation Inc's revenue and expenses?

In 2024, MFS Investment Management Foundation Inc reported $8.4M in total revenue and $1.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.