Skip to main content
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.

Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

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