Everett Foundation for Aged Persons Inc

EVERETT, MA EIN: 04-2062107

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

1states

Cities

BurlingtonCambridgeEverettMalden

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$73K$145K$218K$290K20202021202220232024
Metric202420232022
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

$0$41K$82K$122K$163K7 grants20206 grants20217 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Cambridge Health Alliance$60KMystic Valley Elder Serv…$28KBread of Life Inc$13KThe Community Family$13KEverett Council on Aging$12KFriends of Everett Libra…$8KTufts Medicine$8K

Grant Size Distribution

34 grants across all recorded years

29<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
Bread of Life Inc Malden, MAHelp for Everett Seniors$13,000
Cambridge Health Alliance Cambridge, MANurses Activities Within Everett$60,258
Everett Council on Aging Everett, MAHelp for Everett Seniors$11,708
Friends of Everett Libraries Everett, MAHelp for Everett Seniors$8,000
Mystic Valley Elder Services Malden, MAHelp for Everett Seniors$28,000
The Community Family Everett, MAHelp for Everett Seniors$13,000
Tufts Medicine Burlington, MAHelp for Everett Seniors$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Helen MacLaughlinDirector$2KJanet MacLaughlinSecretary$2KMichele CaponePresident$2KHelen EnriquezTreasurer$2KGeorge AhlinDirector$400Marjorie L DackoDirector$400Rosemarie ImpresciaDirector$400Lester MacLaughlinDirector$400Maria BussellVice President$200Carolyn LightburnDirector$100Fred CaponeDirector$100Patti FratiDirector$100

From 2024 filing

NameTitleHoursCompensation
Helen MacLaughlinDirector4$2,400
Carolyn LightburnDirector4$100
George AhlinDirector4$400
Marjorie L DackoDirector4$400
Rosemarie ImpresciaDirector4$400
Lester MacLaughlinDirector4$400
Janet MacLaughlinSecretary4$2,400
Michele CaponePresident4$2,400
Helen EnriquezTreasurer4$2,400
Fred CaponeDirector4$100
Maria BussellVice President4$200
Patti FratiDirector4$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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