Public Charity

Massachusetts Bay Community College Foundation Inc

Massachusetts Bay Community College Foundation Inc is a Public Charity headquartered in Wellesley HILLS, MA. Financial data from the 2025 filing: $1.3M revenue, $977K expenses, $7.8M total assets. 30 publicly reported grants to this organization, totaling roughly $1.9M, appear in IRS filings.

EIN: 222581930 Wellesley HILLS, MA Latest filing: 2025
Total Revenue$1.3M
Total Expenses$977K
Total Assets$7.8M
Grant Records30
Funding Total$1.9M
Filing Years2021–2025

Mission

THE FOUNDATION BOARD ENHANCES THE VITALITY OF THE COLLEGE BY PROMOTING INVESTMENT FROM EXTERNAL SOURCES, GROWING THE ENDOWMENT, AWARDING SCHOLARSHIPS, AND CREATING PARTNERSHIPS FOR LEARNING. IN SO DOING, THE FOUNDATION SEEKS TO BE A CATALYST FOR TRANSFORMING THE COLLEGE BY SUPPORTING EDUCATIONAL EXCELLENCE AND ACHIEVEMENT.

Sample Grants Received

2025
TO SUPPORT THE EMERGENCY NEEDS OF SOLE CAREGIVERS OF DEPENDENT CHILDREN
$67,500
$155,000
2024
SINGLE MOTHERS ATTENDING THE COLLEGE
$60,055
2024
For grant recipient's exempt purposes
$33,475
2023
CAMPAIGN/FUNDRAISING
$500,000

Showing up to 5 of 30 total records — full history available with membership.

Officers & Directors

DIRECTOR Chris Teachout
DIRECTOR David Kennedy
VICE CHAIR Howard Ferris
Director James J Mckenzie
DIRECTOR Jean Dyer
Director Joseph Asaya

Officer compensation and complete director data available with membership.

Top Grant Purposes

CAMPAIGN/FUNDRAISING
$500,000 1 grant
FOR RECIPIENT'S EXEMPT PURPOSE
$269,340 1 grant
For grant recipient's exempt purposes
$255,884 7 grants
SINGLE MOTHERS ATTENDING THE COLLEGE
$191,555 3 grants
GENERAL SUPPORT
$157,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $977K $7.8M
2024 $1.4M $2.1M $7.0M
2023 $2.6M $2.5M $7.1M
2022 $1.2M $1.2M $6.7M
2021 $923K $803K $7.8M

Between 2021 and 2025, reported annual revenue grew from $923K to $1.3M (+36%), with total assets most recently reported at $7.8M.

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

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