Dorchester Foundation Inc

Private foundation · Grantmaker Morristown, NJ EIN: 31-1527098

Dorchester Foundation Inc is a private foundation, based in Morristown, NJ. IRS filing data is available from 2021 through 2025. In 2025, it awarded 2 grants totaling $162K. Net investment income was $11K.

Dorchester Foundation Inc at a glance

In short: Dorchester Foundation Inc gave $162K across 2 grants in 2025 (avg $81K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$161,554
+638.4% vs 2024
Grants made (2025)
2
-33.3% vs 2024
Average grant
$80,777
+1007.6% vs 2024
Median grant
$80,777
Primary geography
New Jersey (84% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Dorchester Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

The Overlook Foundation: $136KThe Overlook Foundation$136KNew Life Furniture Bank: $26KNew Life Furniture Bank$26K

The largest 2025 recipient was The Overlook Foundation ($136K). Together the top 2 received $162K.

Grant Size Distribution

11 grants across all recorded years

10<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 11 (91%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

WalpoleAlbert LeaNew BrunswickKirklandSummitVergennesWashington

How Dorchester Foundation Inc gives

  • Giving grew 1801% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2021 1 grant2022 4 grants2023 3 grants2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $8K (2021) to $162K (2025). In 2025 it made 2 grants totaling $162K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Overlook Foundation Summit, NJGeneral Support$135,704
New Life Furniture Bank Walpole, MAGeneral Support$25,850
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$10,853$161,761$161,5542$161,554$10,853$16,129
2024$150,909$35,437$22,365$21,8793$21,895$10,397$17,402
2023$137,836$15,845$18,620$18,5004$18,516$18,563$18,956
2022$140,611$9,407$8,641$8,5001$8,531$9,377$18,561
2021$139,844$8,935$8,181$8,0001—$8,935$16,409

Under IRS private-foundation payout rules, Dorchester Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Dorchester Foundation Inc is led by John C. Walcott, President & Trustee on every filing since 2021; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John C. Walcott

    President & Trustee

    On filings since 2021

    No compensation reported

  • Christopher C. Walcott

    Trustee

    On filings since 2021

    No compensation reported

  • Laura Walcott Cromarty

    Trustee

    On filings since 2021

    No compensation reported

  • Peter M. Walcott

    Secretary, Treasurer & Trustee

    Trustee → Secretary, Treasurer & Trustee, 2024

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: Donna M. Walcott (2021–2023) — Secretary, Treasurer & Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Dorchester Foundation Inc

How much does Dorchester Foundation Inc give each year?

Dorchester Foundation Inc gave $162K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 3 grants.

Where does Dorchester Foundation Inc operate?

Dorchester Foundation Inc has awarded grants in District of Columbia, Massachusetts, Minnesota, New Jersey, Vermont, Washington.

How much is Dorchester Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Dorchester Foundation Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dorchester Foundation Inc's EIN?

Dorchester Foundation Inc's EIN (Employer Identification Number) is 31-1527098. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Dorchester Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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