Public Charity

UNIVERSITY OF MASSACHUSETTS FOUNDATION INC

Based in NEWTON, MA, UNIVERSITY OF MASSACHUSETTS FOUNDATION INC operates as a Public Charity. The organization reported $172.5M in revenue, $52.7M in expenses, $2.8B in total assets for fiscal year 2025. Imperigo tracks 242 reported grant relationships connected to this organization totaling approximately $40.4M.

EIN: 046013152 NEWTON, MA Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$172.5M
Total Expenses$52.7M
Total Assets$2.8B
Grant Records242
Funding Total$40.4M
Filing Years2021–2025

Mission

THE MISSION OF THE UNIVERSITY OF MASSACHUSETTS FOUNDATION, INC. IS TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS AS STATED IN THE ORIGINAL 1950 ARTICLES OF ORGANIZATION. THE FOUNDATION RECEIVES, INVESTS AND DISBURSES PRIVATE & PUBLIC GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS AND ITS EDUCATIONAL MISSION.

Where $100 goes at University of Massachusetts Foundation Inc

How University of Massachusetts Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$63 Programs the work itself
$22 Management running the organization
$15 Fundraising raising the next dollar

Inside the $63 for programs

$63
The University of Massachusetts Foundation, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF FINANCIAL OFFICER Barry Morrison
DIRECTOR Daniel E Feder
DIRECTOR OF INVESTMENT OPERATIONS Derek Wade
DIRECTOR Edward H D'alelio
MANAGING DIRECTOR, INVESTMENT TEAM Geoffrey Bowes
DIRECTOR Grace K Fey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$22,085,792 115 grants
Education
$8,987,659 64 grants
Research & Policy
$4,376,464 22 grants
Health & Medicine
$1,411,752 8 grants
Environment & Conservation
$361,117 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $172.5M $52.7M $2.8B
2024 $102.2M $46.1M $1.3B
2023 $113.4M $46.1M $1.1B
2022 $315.3M $29.2M $988.4M
2021 $57.1M $28.8M $842.0M

Between 2021 and 2025, reported annual revenue grew from $57.1M to $172.5M (+202%), with total assets most recently reported at $2.8B.

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

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