Mission
THE MISSION OF THE WORCESTER STATE FOUNDATION IS TO PROMOTE THE GROWTH AND PROGRESS OF WORCESTER STATE UNIVERSITY BEYOND WHAT IS POSSIBLE WITH STATE FUNDING.
Public Charity
WORCESTER STATE FOUNDATION INC
WORCESTER STATE FOUNDATION INC, of WORCESTER, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $15.1M in revenue, $3.1M in expenses, $61.1M in total assets. 73 publicly reported grants to this organization, totaling roughly $3.1M, appear in IRS filings.
EIN: 223248067
WORCESTER, MA
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$15.1M
Total Expenses$3.1M
Total Assets$61.1M
Grant Records73
Funding Total$3.1M
Filing Years2021–2025
Where $100 goes at Worcester State Foundation Inc
How Worcester State Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$64
Provides funds to Worcester state university for expenses related to various capital projects and funding of various educational programs and institutes
$33
Scholarships
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.
Sample Grants Received
$38,330
GENERAL SUPPORT
$29,249
$16,700
PROMOTE GROWTH AND PROGRESS OF WORCESTER STATE UNIVERSITY
$10,000
TECHNOLOGY & EQUIPMENT
$330,000
Showing up to 5 of 73 total records — full history available with membership.
Officers & Directors
DIRECTOR
Adi Tibrewal
DIRECTOR
Alan I Gordon
DIRECTOR
Alan O Osmowlowski
DIRECTOR
Allen J Falke
IMMEDIATE PAST CHAIR
Ann L Debaisio
DIRECTOR
Beth Sannella
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $15.1M | $3.1M | $61.1M |
| 2024 | $3.3M | $2.8M | $54.2M |
| 2023 | $8.3M | $2.0M | $48.7M |
| 2022 | $3.9M | $2.3M | $39.2M |
| 2021 | $7.2M | $2.0M | $45.6M |
Between 2021 and 2025, reported annual revenue grew from $7.2M to $15.1M (+111%), with total assets most recently reported at $61.1M.
Interactive year-over-year charts and full filing details available with membership.