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 223 reported grant relationships connected to this organization totaling approximately $37.6M.

EIN: 046013152 NEWTON, MA Latest filing: 2025
Total Revenue$172.5M
Total Expenses$52.7M
Total Assets$2.8B
Grant Records223
Funding Total$37.6M
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.

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

For grant recipient's exempt purposes
$12,012,848 9 grants
EDUCATION
$4,634,580 17 grants
UNRESTRICTED GENERAL SUPPORT
$2,752,000 12 grants
Education
$2,285,400 12 grants
TECHNOLOGY & EQUIPMENT
$2,010,000 4 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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