Public Charity

DeMolay Foundation of Massachusetts

DeMolay Foundation of Massachusetts is a nonprofit organization categorized as Public Charity based in Boston, MA. Its most recent IRS filing (2024) reports revenue of $226K, expenses of $185K, total assets of $2.1M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $66K.

EIN: 042325981 Boston, MA Latest filing: 2024
Total Revenue$226K
Total Expenses$185K
Total Assets$2.1M
Grant Records2
Funding Total$66K
Filing Years2019–2024

Mission

The DeMolay Foundation is organized for charitable, religious and educational purposes to assist in the guidance of young men ages 12-21 in physical, mental, and spiritual development through physical education, sportsmanship, fraternal fellowship, citizenship, public speaking and the arts. To instill a respect for parents, country, the schools, and fellow men and to develop a positive philosophy of life that will sustain them in the future.

Officers & Directors

Trustee Alfredo Canhoto
Trustee Ex-officio David Veo
Trustee Ex-officio Donald Moran
Trustee Geoffrey Kromer
Trustee Ex officio George F Hamilton
Trustee Ex-officio George L Herbolsheimer Iv

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO FUND VARIOUS PROGRAMS AND PROVIDE FINANCIAL ASSISTANCE
$66,325 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $226K $185K $2.1M
2023 $181K $155K $1.8M
2022 $78K $242K $1.4M
2020 $148K $155K $1.8M
2019 $150K $159K $1.5M

Between 2019 and 2024, reported annual revenue grew from $150K to $226K (+50%), with total assets most recently reported at $2.1M.

Interactive year-over-year charts and full filing details available with membership.

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