Everett Foundation for Aged Persons Inc
Everett Foundation for Aged Persons Inc is a private foundation, based in EVERETT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 7 grants totaling $142K. Net investment income was $238K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+2.6% YoY
Annual Giving
$142K
-7.2% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$20K
-7.2% YoY
Under IRS private-foundation payout rules, Everett Foundation for Aged Persons Inc reported a distributable amount of $161K for 2024 — the minimum it must pay out in qualifying distributions.
About Everett Foundation for Aged Persons Inc
Based on IRS filings
Everett Foundation for Aged Persons Inc is a private foundation, based in EVERETT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 7 grants totaling $142K. Net investment income was $238K.
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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 | $1,975,178 | $1,924,917 | $1,985,751 |
| Revenue | $263,826 | $141,965 | $250,874 |
| Expenses | $213,565 | $202,799 | $201,616 |
| Qualifying Distributions | $141,966 | $153,000 | $163,322 |
| Net Investment Income | $237,942 | $119,175 | $227,574 |
| Distributable Amount | $160,509 | $145,443 | $149,523 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cambridge Health Alliance ($60,258), Mystic Valley Elder Services ($28,000), Bread of Life Inc ($13,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Bread of Life Inc Malden, MA | Help for Everett Seniors | $13,000 |
| Cambridge Health Alliance Cambridge, MA | Nurses Activities Within Everett | $60,258 |
| Everett Council on Aging Everett, MA | Help for Everett Seniors | $11,708 |
| Friends of Everett Libraries Everett, MA | Help for Everett Seniors | $8,000 |
| Mystic Valley Elder Services Malden, MA | Help for Everett Seniors | $28,000 |
| The Community Family Everett, MA | Help for Everett Seniors | $13,000 |
| Tufts Medicine Burlington, MA | Help for Everett Seniors | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Helen MacLaughlin | Director | 4 | $2,400 |
| Carolyn Lightburn | Director | 4 | $100 |
| George Ahlin | Director | 4 | $400 |
| Marjorie L Dacko | Director | 4 | $400 |
| Rosemarie Imprescia | Director | 4 | $400 |
| Lester MacLaughlin | Director | 4 | $400 |
| Janet MacLaughlin | Secretary | 4 | $2,400 |
| Michele Capone | President | 4 | $2,400 |
| Helen Enriquez | Treasurer | 4 | $2,400 |
| Fred Capone | Director | 4 | $100 |
| Maria Bussell | Vice President | 4 | $200 |
| Patti Frati | Director | 4 | $100 |
Frequently Asked Questions
How large is Everett Foundation for Aged Persons Inc?
As of 2024, Everett Foundation for Aged Persons Inc holds $2.0M in total assets with $264K in annual revenue. It awarded 7 grants totaling $142K in 2024.
Where does Everett Foundation for Aged Persons Inc operate?
Everett Foundation for Aged Persons Inc has awarded grants in Massachusetts.
What size grants does Everett Foundation for Aged Persons Inc award?
In 2024, Everett Foundation for Aged Persons Inc awarded 7 grants totaling $142K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Everett Foundation for Aged Persons Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Everett Foundation for Aged Persons Inc reported a distributable amount of $161K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Everett Foundation for Aged Persons Inc's EIN?
Everett Foundation for Aged Persons Inc's EIN (Employer Identification Number) is 04-2062107. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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