COMMONWEALTH CARES FUND, INC. IS A 501(C)(3) NON-PROFIT ORGANIZATION CREATED TO MAXIMIZE THE IMPACT OF OUR MANY AND VARIED EFFORTS TO GIVE BACK TO THE COMMUNITIES IN WHICH WE WORK, LIVE AND VISIT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+8.1% YoY
Revenue
$661K
+23.6% YoY
Net Investment Income
$70K
+61.0% YoY
Expenses
$621K
+50.5% YoY
About Commonwealth Cares Fund Inc
Based on IRS filings
Commonwealth Cares Fund Inc is a nonprofit organization focused on Human Services, based in WALTHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. Net investment income was $70K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,636,043 | $1,512,766 | $1,299,086 |
| Revenue | $661,396 | $535,073 | $422,824 |
| Expenses | $621,304 | $412,737 | $350,468 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $70,315 | $43,670 | $18,703 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WAYNE BLOOM | CHAIRMAN/BOARD MEMBER | 0.5 | — |
| HEATHER ZACK | TREASURER/BOARD MEMBER | 0.5 | — |
| JESSICA FOUGERE | BOARD MEMBER | 0.5 | — |
| AMY PAGANO | BOARD MEMBER | 0.5 | — |
| BETH FAVALORO | EXEC. DIR/BOD MEMBER-SINCE 10/2024 | 3 | — |
| JONI YOUNGWIRTH - FORMER | EXEC. DIR/BOD MEMBER-THROUGH 6/2024 | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Commonwealth Cares Fund Inc?
Commonwealth Cares Fund Inc is a nonprofit organization focused on Human Services, based in WALTHAM, MA. It holds $1.6M in total assets as of 2024.
How large is Commonwealth Cares Fund Inc?
As of 2024, Commonwealth Cares Fund Inc holds $1.6M in total assets with $661K in annual revenue.
Where does Commonwealth Cares Fund Inc operate?
Commonwealth Cares Fund Inc has awarded grants in Arizona, California, Connecticut, District of Columbia, Georgia, Illinois, Louisiana, Massachusetts, Maryland, New York, Tennessee.
What is Commonwealth Cares Fund Inc's EIN?
Commonwealth Cares Fund Inc's EIN (Employer Identification Number) is 27-3144318. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Commonwealth Cares Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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