Skip to main content
Filing year 2024

The Hanover Insurance Group Foundation Inc

Worcester, Massachusetts·EIN 04-3105650·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$587k
Total assets
$2.7M
Total expenses
$1.6M
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. The Hanover Insurance Group Foundation Inc reported 6 unpaid officers and board members on its 990-PF.

President
Treasurer
Assistant Treasurer
Senior Vice President
Clerk
Vice President

Grants paid

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

Total granted

$1.6M

Itemized grants

15

Median grant

$50k

RecipientLocationPurposeAmount
Other - Information Available in Taxpayer's OfficeWorcester, MACharitable Contribution$682k
United Way of Central MAWorcester, MACharitable Contribution$220k
LACASAHowell, MICharitable Contribution$140k
Scholarship AmericaDetroit, MICharitable Contribution$91k
Worcester Education CollaborativeWorcester, MACharitable Contribution$70k
Guild Of St AgnesWorcester, MACharitable Contribution$65k
United Way Of Livingston CountyBrighton, MICharitable Contribution$55k
Rise Above FoundationNorthbridge, MACharitable Contribution$50k
Boys & Girls Club Of Central MAWorcester, MACharitable Contribution$50k
Worcester Center For Performing ArtsWorcester, MACharitable Contribution$35k
Community Legal AidWorcester, MACharitable Contribution$25k
Worcester State FoundationWorcester, MACharitable Contribution$25k
Worcester RISE for HealthWorcester, MACharitable Contribution$25k
Quinsigamond Community CollegeWorcester, MACharitable Contribution$25k
YMCA Of Central MAWorcester, MACharitable Contribution$25k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Hanover Insurance Group Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$641k
$1.6M
2023
$587k
$1.6M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

The Hanover Insurance Group 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 The Hanover Insurance Group Foundation Inc

What are The Hanover Insurance Group Foundation Inc's revenue and expenses?

In 2024, The Hanover Insurance Group Foundation Inc reported $587k in total revenue and $1.6M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
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 ($1M - $10M), because foundation pay scales with assets under management, not revenue.