Emerson health care foundation inc provides philanthropic resources to assist emerson health system inc and emerson hospital in fulfilling their mission of improving the health status of the people in the communities it serves. Through the on-going cultivation of relationships the foundation leadership will strive to create the willingess as well as the means through which emerson hospitals constituents will financially support the facility equipment operational educational and programmatic needs of the hospital. The foundation will strive continually to expand the base of annual phalanthropic support and build an endowment to ensure the communitys future health care needs.
Key facts about Emerson Health Care Foundation Inc
- EIN
- 04-2770980
- Latest 990 filing
- Form 990, 2025
- Total assets
- $29,331,831
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$29.3M
+53.5% YoY
Revenue
$7.8M
+25.9% YoY
Net Investment Income
$213K
+174.1% YoY
Expenses
$1.1M
-1.2% YoY
How Emerson Health Care Foundation Inc gives
- Giving fell 38% from 2019 to 2022. Method
From the foundation's IRS Form 990 filings. Methodology.
About Emerson Health Care Foundation Inc
Based on IRS filings
Emerson Health Care Foundation Inc is a nonprofit organization focused on Health, based in Concord, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $29.3M in total assets. Net investment income was $213K.
Focus Areas
Ready to take the next step with Emerson Health Care Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $29,331,831 | $19,107,791 | $12,205,475 |
| Revenue | $7,803,932 | $6,198,981 | $4,614,150 |
| Expenses | $1,087,202 | $1,100,000 | $1,197,947 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $212,717 | $77,610 | $13,722 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 12, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS August 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Emerson Health Care Foundation Inc is led by Christine C. Schuster, President & CEO on every filing since 2019; none of the 31 officers listed in 2025 report compensation.
Officers on the 2025 filing
Christine C. Schuster
President & CEO
On filings since 2019
4 hrs/week
No compensation reported
Charles A. Denault
Chair
Vice Chair → Chair, 2020
On filings since 2019
4 hrs/week
No compensation reported
Danny Costa
Director
On filings since 2019
4 hrs/week
No compensation reported
Deborah A. Greene MD
Director
On filings since 2019
4 hrs/week
No compensation reported
Denise Haartz
Director
On filings since 2019
4 hrs/week
No compensation reported
Gloria L. Clough
Director
On filings since 2019
4 hrs/week
No compensation reported
Jeffrey S. Campbell
Director
On filings since 2019
4 hrs/week
No compensation reported
Joshua M. Nelson
Director
Director → Vice Chair, 2020
Vice Chair → Director, 2025
On filings since 2019
4 hrs/week
No compensation reported
Lynn Martin
Director
Chair → Director, 2020
On filings since 2019
4 hrs/week
No compensation reported
Robert B. Segal
Director
On filings since 2019
4 hrs/week
No compensation reported
Stephen W. Carr
Director
Treasurer → Director, 2020
On filings since 2019
4 hrs/week
No compensation reported
William P. Boger III MD
Director
On filings since 2019
4 hrs/week
No compensation reported
Karen McGinn
Director
On filings since 2022
4 hrs/week
No compensation reported
Liza Carey
Director
On filings since 2022
4 hrs/week
No compensation reported
Jack Mackeen
Director
On filings since 2023
4 hrs/week
No compensation reported
Sara Wilson
Director
On filings since 2023
4 hrs/week
No compensation reported
Thomas Valle
Director
On filings since 2023
4 hrs/week
No compensation reported
Benjamin Matys
Director
On filings since 2024
4 hrs/week
No compensation reported
Margaret O'Brien Bernhardt
Director
On filings since 2024
4 hrs/week
No compensation reported
Adrienne Principe
Director
New on the 2025 filing
4 hrs/week
No compensation reported
Michael Lovdal
Director
New on the 2025 filing
4 hrs/week
No compensation reported
Michael O'Brien
Director
New on the 2025 filing
4 hrs/week
No compensation reported
Karl F. Kussin
Chief Philanthropy Officer
Vice President Development & Chief Philanthropy Officer → Chief Philanthropy Officer, 2022
On filings since 2019
50 hrs/week
No compensation reported
Kenneth Anderson Jr.
Vice Chair
Director → Treasurer, 2020
Treasurer → Vice Chair, 2025
On filings since 2019
4 hrs/week
No compensation reported
Sandra A. Schelzi
Secretary
Director → Secretary, 2022
On filings since 2019
4 hrs/week
No compensation reported
David Lautz
Physician
On filings since 2022
No compensation reported
Philip S. Lotane
Treasurer
Director → Treasurer, 2025
On filings since 2022
4 hrs/week
No compensation reported
Mark Moschella
Physician
On filings since 2023
No compensation reported
David Kahan
Physician
On filings since 2024
No compensation reported
Jennifer Nayor
Physician
On filings since 2024
No compensation reported
Arhtur Lee
Physician
New on the 2025 filing
No compensation reported
Former officers (22)
- Former: Andrew J. Sohn (2019–2024) — Director
- Former: Jill Stansky (2019–2024) — Director
- Former: Arthur Lee MD (2022–2024) — Physician
- Former: Kimberly Patenaude (2022–2024) — Director
- Former: James Spinelli MD (2022–2023) — Physician
- Former: John Libertino MD (2022–2023) — Former Director
- Former: Ben Matys (2023) — Director
- Former: Scott Kelley MD (2023) — Physician
- Former: Anna W. Rasmussen (2019–2022) — Director
- Former: Jeanne S. Kangas (2019–2022) — Director
- Former: Michael Hachey (2019–2022) — Former Assistant Treasurer
- Former: Thomas Beaudoin (2020–2022) — Director
- Former: Elizaveta Ragulin Coyne MD (2022) — Physician
- Former: John Dowd MD (2022) — Physician
- Former: Deborah Van Walsum (2019–2021) — Auxiliary President
- Former: Heidi Harring (2019–2021) — Director
- Former: Karen H. Donoghue (2019–2021) — Secretary
- Former: Kim Patenaude (2019–2021) — Director
- Former: Martin Kafina MD (2019–2021) — Director
- Former: Phil Lotane (2020–2021) — Director
- Former: Byron E. Woodman Jr. (2019) — Director
- Former: Cynthia Deysher (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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 Emerson Health Care Foundation Inc
How large is Emerson Health Care Foundation Inc?
Emerson Health Care Foundation Inc reported $29.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.8M.
What is Emerson Health Care Foundation Inc?
Emerson Health Care Foundation Inc is a nonprofit organization focused on Health, based in Concord, MA. It holds $29.3M in total assets as of 2025.
Where does Emerson Health Care Foundation Inc operate?
Emerson Health Care Foundation Inc has awarded grants in Massachusetts.
What is Emerson Health Care Foundation Inc's EIN?
Emerson Health Care Foundation Inc's EIN (Employer Identification Number) is 04-2770980. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Emerson Health Care Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Emerson Health Care Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Fidelity Foundation
Boston, MA
The Fidelity Foundation funds capacity-building and strategic projects in arts and culture, conservation, education, health, and social and economic mobility, including capital investments and planning. Its 2024 grants had a median of $400, though awards ranged widely; it focuses on communities near Fidelity Investments sites and also considers nationally important organizations and high-impact projects. Organizations may submit an unsolicited Letter of Inquiry; full proposals are by invitation.
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Boston Foundation Inc
Boston, MA
The Boston Foundation funds community organizations and initiatives in areas including basic needs, child well-being, education, economic opportunity, arts and culture, and equity, primarily in Greater Boston. Its grants vary by program: the median reported grant is $25,000, while specific opportunities offer $50,000 Safety Net Grants, artist awards of $15,000–$20,000, and other amounts. It accepts unsolicited requests through certain competitive programs; application rules vary by program.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
Analog Devices Foundation
Boston, MA
The Analog Devices Foundation funds environmental protection, education access—especially STEM and opportunities for underserved communities—and community well-being, supporting organizations in places where Analog Devices employees live and work worldwide. In 2025, grants ranged from $6 to $375,103, with a median of $371; it reports that no application form or materials are required, but does not explicitly state whether it accepts unsolicited requests.
Assets
$39.2M
Grants
1,177
Total Given
$1.9M
Barr Foundation
Boston, MA
Barr Foundation funds arts and creativity, climate, education, and related initiatives, primarily supporting organizations and leaders in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. It welcomes inquiries through program pages and occasionally issues open requests for proposals; most grants go to returning partners.
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
Boston, MA
The foundation funds basic needs, education and workforce development, and climate and community resilience, with most support going to organizations serving the Boston area; some initiatives target specified Washington State locations. Its 2024 grants ranged from $2,500 to $11 million, with a median of $35,000, and it accepts online applications on a rolling basis with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (Fka Oneworld Boston Inc)
Woburn, MA
The foundation supports nonprofits focused on human services, education, healthcare, fairness and justice, and environmental causes, primarily in greater Boston and eastern Massachusetts, with limited support for Rwanda’s recovery. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal for its local grant program.
Assets
$258.2M
Grants
658
Total Given
$38.2M
American Tower Corporation Foundation
Boston, MA
The American Tower Corporation Foundation primarily supports education and technology initiatives that empower students, teachers, and communities in need, as well as disaster relief, in markets where American Tower operates. In 2024, grants ranged from $5 to $340,000, with a median of $200. It does not accept unsolicited requests; applications are submitted by American Tower employees.
Assets
$15.4M
Grants
632
Total Given
$1.7M
Good Sports Inc
Braintree, MA
The mission is to increase youth participation in sports, fitness, and recreational progams by targeting one of the major obstacles limiting participation - access to sports equipment. Good sports distributes sports equipment, footwear, and apparel to community organizations offering programs to children in need helping to lay the foundation for healthy, active lifestyles.
Assets
$13.8M
Grants
619
Total Given
$11.2M
The Stephen Phillips Memorial
Boston, MA
The Stephen Phillips Memorial funds need- and merit-based scholarships for bachelor’s students, generally awarding $3,000–$17,000 (with typical annual awards of $6,000–$10,000). Applicants must be permanent residents of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont, but may attend college anywhere in the United States. Students apply through the online portal; the profile does not state whether unsolicited requests are accepted.
Assets
$41.6M
Grants
520
Total Given
$5.1M
Berkshire Bank Foundation Inc
Pittsfield, MA
The foundation supports nonprofits in communities served by Berkshire Bank, focusing on small business, financial inclusion, and housing, as well as health, food access, youth development, and arts and culture. Its 2024 grants ranged from $50 to $33,333, with a median of $2,500; its stated footprint spans Connecticut, Massachusetts, New York, Rhode Island, and Vermont, though all 2024 grant dollars went to Massachusetts recipients. It accepts written applications from eligible 501(c)(3) public charities, with deadlines on December 15 and March 15, June 15, and September 15.
Assets
$17.1M
Grants
478
Total Given
$2.0M
Highland Street Connection
Newton, MA
Highland Street Foundation funds programs supporting children and families, including education, youth mentoring, housing, health care, the environment, and the arts, primarily in Massachusetts, with some support in California and elsewhere. Its 2024 grants ranged from $400 to $100,000, with a median of $5,000. It does not accept unsolicited requests; eligible organizations may submit a letter of inquiry after completing its online eligibility quiz.
Assets
$60.4M
Grants
410
Total Given
$4.4M
More Funders in Massachusetts
Emerson Health Care Foundation Inc down — hundreds of funders to go?