Eversource Energy Foundation Inc
Eversource Energy Foundation Inc is an independent, nonprofit philanthropic organization based in Hartford, Connecticut, and funded solely by Eversource Energy shareholders. It provides grants and sponsorships to organizations in Eversource’s service territory for programs and events intended to benefit the communities it serves.
Eversource Energy Foundation Inc at a glance
In short: Eversource Energy Foundation Inc gave $6.2M across 606 grants in 2024 (avg $10K), top state Massachusetts. 61% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,163,548
- +3.0% vs 2023
- Grants made (2024)
- 606
- +8.0% vs 2023
- Average grant
- $10,171
- -4.7% vs 2023
- Median grant
- $2,000
- Total assets
- $12,483,906
- -30.8% vs 2023
- New grantees (estimate)
- 61% first-time grantees (357 of 590, 2024)
- Primary geography
- Massachusetts (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Eversource Energy Foundation Inc
- How to Apply
-
Submit an application through the Foundation’s online portal. For requests above $10,000, the grant-program information asks applicants to submit a one-page letter with their proposal and why Eversource would be a good partner. Requests for a program or event must be submitted at least 90 days in advance. The Foundation limits donations to one per organization in a calendar year. Its filing states that requests submitted after November 15 will be reviewed and considered for funding the following year.
- Review Cycle
- The grant-program information says applications close in mid-October for the current calendar year; the filing states that requests submitted after November 15 will be considered the following year. Grant requests are reviewed on a rolling basis, with a stated review time of eight to 12 weeks.
- Deadline
- The grant-program information says applications close in mid-October for the current calendar year; the filing states…
- Contact
Application contact: Apply Online
Mailing address: PO Box 270, Hartford, CT 06141-0270
Phone: (860) 665-3306
Website: https://eversource.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Eversource Energy Foundation Inc
Who Eversource Energy Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Boston Children's Hospital (MA) ($700K). Together the top 10 received $3.2M.
Organizations only. It also paid 2 grants to individuals ($2,500), which are not listed by name.
Grant Size Distribution
2,438 grants across all recorded years
The most common grant size was under $50K: 2,325 grants of 2,438 (95%).
Geographic Focus
Where this funder awards grants
The Foundation accepts applications from organizations based in Eversource’s service territory. Its website identifies Connecticut, Massachusetts, and New Hampshire as states where it supports charitable organizations. In 2024, 48% of grant dollars went to Massachusetts recipients, 42% to Connecticut recipients, and 10% to New Hampshire recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 606 itemized grants.
States
Cities
Is Eversource Energy Foundation Inc open to new grantees?
61%
first-time grantees, 2024
In 2024, 357 of 590 grantees (61%) were first-time recipients. First grants averaged $3K; repeat grants $22K. How we count
Medians: $2K first-time, $3K repeat.
- 28% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 830% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.3M (2021) to $6.2M (2024). In 2024 it made 606 grants totaling $6.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boston Children's Hospital (MA) Boston, MA | Support for the 2024 Walk for Boston | $700,000 |
| Eversource Foundation Matching Gifts Berlin, CT | Support for Ee Foundation | $624,818 |
| Mass General Hospital (MA) Boston, MA | Support for the aspire awards event and the hospit | $350,000 |
| Hartford Marathon Foundation (CT) Berlin, CT | Title Sponsorship for Eversource Hartford Marathon | $304,594 |
| United Way of Massachusetts Bay and Merrimack Valley (MA) Boston, MA | United Way of Massachusetts Bay | $300,000 |
| United Way of Central and Northeastern CT (CT) Hartford, CT | United Way of Central & Northeastern CT | $260,000 |
| Granite United Way (NH) Manchester, NH | Granite United Way | $175,000 |
| Salvation Army Gnef (MA) Canton, MA | Good Neighbor Energy Fund 2023-2024 Pledge Contrib | $120,000 |
| Easterseals NH (NH) Manchester, NH | Support for the Annual Easterseals Eversource Walk | $110,000 |
| Operation Fuel (CT) Hartford, CT | Support for Operation Fuels Primary Goal to Provid | $110,000 |
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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 | $12,483,906 | $694,335 | $7,091,175 | $6,163,548 | 606 | $6,163,548 | $658,939 | $742,821 |
| 2023 | $18,053,350 | $20,638,374 | $6,019,395 | $5,984,122 | 561 | $5,984,122 | $579,851 | $520,929 |
| 2022 | $3,428,426 | $8,004,204 | $5,249,119 | $5,467,189 | 444 | $5,467,189 | — | $138,792 |
| 2021 | $933,782 | $2,878 | $4,894,349 | $5,296,006 | 385 | $5,296,006 | — | $127,645 |
| 2020 | $4,249,764 | $6,806,998 | $4,739,385 | $5,930,776 | 442 | — | $354,380 | $183,709 |
Under IRS private-foundation payout rules, Eversource Energy Foundation Inc reported a distributable amount of $743K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s mission is to help build a healthier, stronger, sustainable, and more equitable future for its customers and communities. It supports nonprofit organizations working in one or more of these areas:
- Community wellness and basic needs: Programs addressing food, health, social services, and other essential needs.
- Education: Programs that advance STEM education and youth development.
- Environmental stewardship: Conservation and preservation of shared natural spaces, including parks, greenways, and trails.
- Community awareness and engagement: Organizations promoting engagement by historically marginalized and disinvested communities.
- Economic and workforce development: Programs supporting workforce development and access to education and career pathways.
Applicants must be U.S.-based nonprofits with IRS-designated 501(c)(3) status and be based in Eversource’s service territory. The Foundation does not fund, among other things, capital campaigns, personnel costs for specific positions, utility upgrades or energy-efficiency projects, utility bill assistance, advertising, or walks and races other than its signature events. It provides limited funding for intermediary organizations, United Ways, school parent-teacher organizations and school-based fundraising events, athletic or sports organizations, golf tournaments, and career fairs.
Grantmaking
In filing year 2024, the Foundation reported 606 grants totaling $6,163,548. Grants ranged from $250 to $700,000, with a median of $2,000. The company’s charitable-giving information separately states that the Foundation contributed $7.2 million to charitable organizations in Connecticut, Massachusetts, and New Hampshire in 2025.
Among the largest reported 2024 grants were $700,000 to Boston Children’s Hospital for support for the 2024 Walk for Boston; $624,818 to Eversource Foundation Matching Gifts for support for EE Foundation; $350,000 to Mass General Hospital for support for the Aspire Awards event and the hospital; $304,594 to Hartford Marathon Foundation for title sponsorship of the Eversource Hartford Marathon; and $300,000 to United Way of Massachusetts Bay and an individual recipient Other large awards included $260,000 to United Way of Central and Northeastern CT, $175,000 to Granite United Way, and $120,000 to Salvation Army GNEF for a Good Neighbor Energy Fund pledge contribution.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following officers and directors:
- Joseph R Nolan Jr — Chairman and Director
- Theresa Hopkins-Staten — President
- John M Moreira — Treasurer
- Florence J Iacono — Secretary
- Cheri M Sullivan — Assistant Secretary
- James W Hunt III — Executive Director
- Gregory B Butler — Director
- Paul Chodak III — Director
- Penelope M Conner — Director
- Christine M Carmody — Director
Eversource Energy Foundation Inc is led by Theresa Hopkins-Staten, President on every filing since 2020; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Theresa Hopkins-Staten
President
On filings since 2020
1 hr/week
No compensation reported
James W. Hunt III
Executive Director
Executive Director & Director → Executive Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Joseph R. Nolan Jr.
Chairman & Director
Executive Director → Chairman of the Board, 2021
Chairman of the Board → Chairman & Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Gregory B. Butler
Director
On filings since 2020
1 hr/week
No compensation reported
Penelope M. Conner
Director
On filings since 2021
1 hr/week
No compensation reported
Paul Chodak III
Director
On filings since 2023
1 hr/week
No compensation reported
Susan Sgroi - Starting
Director
New on the 2024 filing
1 hr/week
No compensation reported
John M. Moreira
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Florence J. Iacono
Secretary
On filings since 2021
1 hr/week
No compensation reported
Cheri M. Sullivan
Assistant Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (7)
- Former: Christine M. Carmody (2020–2024) — Director · Filing note: Through 1824
- Former: Werner J. (2023) — Director
- Former: O. Kay Comendul (2020–2022) — Assistant Secretary
- Former: Philip J. Lembo (2020–2022) — Director
- Former: Werner J. Schweiger (2020–2022) — Director
- Former: James J. Judge (2020) — Chairman of the Board
- Former: Richard J. Morrison (2020) — Secretary
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.
Frequently asked questions about Eversource Energy Foundation Inc
How much does Eversource Energy Foundation Inc give each year?
Eversource Energy Foundation Inc gave $6.2M across 606 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.0M across 561 grants.
What is Eversource Energy Foundation Inc's typical grant size?
Eversource Energy Foundation Inc's median grant in 2024 was $2,000, and its average grant was $10,171, across 606 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Eversource Energy Foundation Inc that year got $3K on average.
Where does Eversource Energy Foundation Inc give grants?
Eversource Energy Foundation Inc's top state is Massachusetts, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Connecticut (42%) and New Hampshire (10%). The most frequent recipient cities were Hartford, CT (38 grants), Boston, MA (37 grants), Manchester, NH (18 grants) and New Bedford, MA (15 grants).
Does Eversource Energy Foundation Inc give general operating support?
Occasionally: 1% of Eversource Energy Foundation Inc's 2024 grants with a stated purpose (7 of 606) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Support for the Environmental Programs and Service" (7 grants), "Support for the Programs and Services" (6 grants) and "Support for the Youth Development Programs" (6 grants).
Who are Eversource Energy Foundation Inc's largest grantees?
Eversource Energy Foundation Inc's largest 2024 grantees include Boston Children's Hospital (MA) ($700,000), Eversource Foundation Matching Gifts ($624,818) and Mass General Hospital (MA) ($350,000), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($2,500), which are not listed by name. Together they received 27% of its itemized 2024 grant dollars.
How large is Eversource Energy Foundation Inc?
Eversource Energy Foundation Inc reported $12.5M in total assets on its 2024 IRS Form 990-PF. It paid out $6.2M in qualifying distributions that year, against a required minimum of $743K (roughly 5% of its investment assets).
What does Eversource Energy Foundation Inc fund?
The Foundation’s mission is to help build a healthier, stronger, sustainable, and more equitable future for its customers and communities. It supports nonprofit organizations working in one or more of these areas: See mission & focus areas ↑
How do I apply for a grant from Eversource Energy Foundation Inc?
Submit an application through the Foundation’s online portal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Eversource Energy Foundation Inc's EIN?
Eversource Energy Foundation Inc's EIN (Employer Identification Number) is 06-1527290. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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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Eversource Energy Foundation Inc down — hundreds of funders to go?