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.
Everett Foundation for Aged Persons Inc at a glance
In short: Everett Foundation for Aged Persons Inc gave $142K across 7 grants in 2024 (avg $20K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $141,966
- -7.2% vs 2023
- Grants made (2024)
- 7
- +0.0% vs 2023
- Average grant
- $20,281
- -7.2% vs 2023
- Median grant
- $13,000
- Total assets
- $1,975,178
- +2.6% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Everett Foundation for Aged Persons Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Cambridge Health Alliance ($60K). Together the top 7 received $142K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 29 grants of 34 (85%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Everett Foundation for Aged Persons Inc gives
- Giving held roughly steady from 2021 to 2024 (+9%). Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2024, annual grant giving ranged from $116K (2020) to $163K (2022). In 2024 it made 7 grants totaling $142K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cambridge Health Alliance Cambridge, MA | Nurses Activities Within Everett | $60,258 |
| Mystic Valley Elder Services Malden, MA | Help for Everett Seniors | $28,000 |
| Bread of Life Inc Malden, MA | Help for Everett Seniors | $13,000 |
| The Community Family Everett, MA | Help for Everett Seniors | $13,000 |
| Everett Council on Aging Everett, MA | Help for Everett Seniors | $11,708 |
| Friends of Everett Libraries Everett, MA | Help for Everett Seniors | $8,000 |
| Tufts Medicine Burlington, MA | Help for Everett Seniors | $8,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,975,178 | $263,826 | $213,565 | $141,966 | 7 | $141,966 | $237,942 | $160,509 |
| 2023 | $1,924,917 | $141,965 | $202,799 | $153,000 | 7 | $153,000 | $119,175 | $145,443 |
| 2022 | $1,985,751 | $250,874 | $201,616 | $163,322 | 7 | $163,322 | $227,574 | $149,523 |
| 2021 | $1,936,493 | $211,596 | $184,016 | $130,000 | 6 | $130,000 | $186,924 | $163,698 |
| 2020 | $1,908,913 | $159,139 | $179,049 | $115,500 | 7 | — | $120,533 | $133,405 |
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.
Leadership & Key People
Officers and directors from IRS filings
Everett Foundation for Aged Persons Inc is led by Michele Capone, President since 2024 (on filings since 2022); all 12 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michele Capone
President
Vice President → President, 2024
On filings since 2022
4 hrs/week
$300 (2022) → $2K (2024)
Carolyn Lightburn
Director
Treasurer → Director, 2022
On filings since 2020
4 hrs/week
$3K (2020) → $100 (2024)
George Ahlin
Director
On filings since 2020
4 hrs/week
$400 (2020) → $400 (2024)
Helen MacLaughlin
Director
President → Director, 2024
On filings since 2020
4 hrs/week
$2K (2020) → $2K (2024)
Lester MacLaughlin
Director
On filings since 2020
4 hrs/week
$300 (2020) → $400 (2024)
Marjorie L Dacko
Director
On filings since 2020
4 hrs/week
$2K (2020) → $400 (2024)
Rosemarie Imprescia
Director
On filings since 2020
4 hrs/week
$300 (2020) → $400 (2024)
Fred Capone
Director
New on the 2024 filing
4 hrs/week
$100 (2024)
Patti Frati
Director
New on the 2024 filing
4 hrs/week
$100 (2024)
Janet MacLaughlin
Secretary
Secretary → Clerk, 2022
Clerk → Secretary, 2024
On filings since 2020
4 hrs/week
$2K (2020) → $2K (2024)
Helen Enriquez
Treasurer
On filings since 2022
4 hrs/week
$200 (2022) → $2K (2024)
Maria Bussell
Vice President
New on the 2024 filing
4 hrs/week
$200 (2024)
Former officers (2)
- Former: Christine Falzarano (2020–2022) — Director
- Former: Nancy Giardino (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $2K, to Helen MacLaughlin (Director). 12 officers or directors reported compensation on that filing.
Frequently asked questions about Everett Foundation for Aged Persons Inc
How much does Everett Foundation for Aged Persons Inc give each year?
Everett Foundation for Aged Persons Inc gave $142K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $153K across 7 grants.
What is Everett Foundation for Aged Persons Inc's typical grant size?
Everett Foundation for Aged Persons Inc's median grant in 2024 was $13,000, and its average grant was $20,281, across 7 grants on its 2024 IRS Form 990-PF.
Where does Everett Foundation for Aged Persons Inc give grants?
Everett Foundation for Aged Persons Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Everett, MA (3 grants) and Malden, MA (2 grants).
Does Everett Foundation for Aged Persons Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Everett Foundation for Aged Persons Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Help for Everett Seniors" (6 grants).
Who are Everett Foundation for Aged Persons Inc's largest grantees?
Everett Foundation for Aged Persons Inc's largest 2024 grantees include Cambridge Health Alliance ($60,258), Mystic Valley Elder Services ($28,000) and Bread of Life Inc ($13,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.
How large is Everett Foundation for Aged Persons Inc?
Everett Foundation for Aged Persons Inc reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $142K in qualifying distributions that year, against a required minimum of $161K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
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
- IRS filings on file for fiscal years 2020–2024
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