Comet Foundation

Foundation · Grantmaker BOSTON, MA EIN: 86-1967040

Comet Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 12 grants totaling $3.4M.

Key facts about Comet Foundation

EIN
86-1967040
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$3,366,312
Grants made (2024)
12
Average grant
$280,526
Median grant
$27,500
Primary geography
Massachusetts (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Comet Foundation funds

By grant dollars, the top recipient states for Comet Foundation's 12 itemized 2024 grants were Massachusetts (75%), New Jersey (15%) and New Hampshire (8%). The most frequent recipient cities were Boston, MA (3 grants) and Hanover, NH (2 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (7 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$3.4M

+498.5% YoY

Grant Count

12

+500.0% YoY

Avg Grant Size

$281K

-0.3% YoY

About Comet Foundation

Based on IRS filings

Comet Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 12 grants totaling $3.4M.

Your AI grants department

Ready to take the next step with Comet Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 12 itemized 2024 grant dollars.

Cities

BostonHanoverCambridgeBoca GrandeConcordFalmouthNew YorkNewtonPrincetonSouth Hamilton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$842K$2M$3M$3M0 grants20200 grants20211 grants20222 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Massachusetts General Ho…$2.0MFor the Benefit of the P…$500KFor the Benefit of the T…$500KFor the Benefit of the T…$275K · 2 grantsThe Gasparilla Island Co…$50KThe Wily Network Inc$30KAmerican Cancer Society$4KConcord Free Public Libr…$3KClubhouse International …$2KSteppingstone$1K

Grant Size Distribution

15 grants across all recorded years

7<$50K2$50–100K1$100–250K1$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Massachusetts General Hospital ($2,000,000), For the Benefit of the President and Fellows of Harvard College ($500,000), For the Benefit of the Trustees of Princeton University ($500,000).

RecipientPurposeAmount
MASSACHUSETTS GENERAL HOSPITAL BOSTON, MAHEALTHCARE SERVICES$2,000,000
FOR THE BENEFIT OF THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE CAMBRIDGE, MAEDUCATION$500,000
FOR THE BENEFIT OF THE TRUSTEES OF PRINCETON UNIVERSITY PRINCETON, NJEDUCATION$500,000
FOR THE BENEFIT OF THE TRUSTEES OF DARTMOUTH COLLEGE HANOVER, NHEDUCATION$250,000
THE GASPARILLA ISLAND CONSERVATION AND IMPROVEMENT ASSOCIATION BOCA GRANDE, FLCOMMUNITY SERVICES$50,000
THE WILY NETWORK INC NEWTON, MAEDUCATION$30,000
FOR THE BENEFIT OF THE TRUSTEES OF DARTMOUTH COLLEGE HANOVER, NHEDUCATION$25,000
AMERICAN CANCER SOCIETY BOSTON, MAHEALTH SERVICES$4,241
CONCORD FREE PUBLIC LIBRARY (#1501) CONCORD, MAEDUCATION$3,000
CLUBHOUSE INTERNATIONAL (#1002) NEW YORK, NYEDUCATION$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LANGLEY STEINERTTRUSTEE——
HILARY STEINERTTRUSTEE——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Comet Foundation?

Comet Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds — in total assets as of 2024.

Where does Comet Foundation operate?

Comet Foundation has awarded grants in Florida, Massachusetts, New Hampshire, New Jersey, New York.

What size grants does Comet Foundation award?

In 2024, Comet Foundation awarded 12 grants totaling $3.4M — an average of about $281K per grant, based on its IRS Form 990 filings.

What is Comet Foundation's EIN?

Comet Foundation's EIN (Employer Identification Number) is 86-1967040. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Comet Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Massachusetts

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Comet Foundation by hand.