Fels Family Foundation is a private foundation located in Worcester, Massachusetts. The foundation was established in 2004 and operates as a 501(c)(3) organization dedicated to charitable grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.5M
+3.2% YoY
Annual Giving
$1.2M
-0.5% YoY
Grant Count
50
+13.6% YoY
Avg Grant Size
$24K
-12.4% YoY
Under IRS private-foundation payout rules, Fels Family Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation made 43 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily focuses on the Worcester, Massachusetts area and surrounding Central Massachusetts communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of fiscal year ending December 2024:
- Total assets: $24,547,296
- Total revenues: $1,961,998
- Total expenses: $1,204,540
- Investment income and dividends: $1,184,201
As of fiscal year ending December 2023:
- Total assets: $23,789,838
- Total giving: $1,181,845
The foundation has zero employees and relies on investment income to support its charitable activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,547,296 | $23,789,838 | $23,260,018 |
| Revenue | $1,961,998 | $1,745,315 | $1,870,817 |
| Expenses | $1,204,540 | $1,215,495 | $1,236,179 |
| Qualifying Distributions | $1,175,890 | $1,181,845 | $1,210,114 |
| Net Investment Income | $1,936,848 | $1,715,165 | $1,847,252 |
| Distributable Amount | $1,034,295 | $996,974 | $1,143,406 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
233 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Town of Webster ($500,000), St Joseph School ($100,000), Umass Memorial Health ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST ANDREW BOBOLA CHURCH DUDLEY, MA | GENERAL | $17,500 |
| STERLING ANIMAL SHELTER STERLING, MA | GENERAL | $500 |
| BAYPATH HUMANE SOCIETY HOPKINTON, MA | GENERAL | $1,000 |
| PARTNERS IN CHARITY WORCESTER, MA | GENERAL | $11,000 |
| FELICIAN SISTERS ENFIELD, CT | GENERAL | $2,000 |
| WORCESTER COUNTY FOOD BANK SHREWSBURY, MA | GENERAL | $10,000 |
| TOWN OF WEBSTER WEBSTER, MA | GENERAL | $500,000 |
| BLACK TAVERN HISTORIAL SOCIETY DUDLEY, MA | GENERAL | $500 |
| GREATER WORC COMM FOUND WORCESTER, MA | GENERAL | $9,600 |
| NICHOLS COLLEGE DUDLEY, MA | GENERAL | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by trustees Gerald Fels, Marilyn Fels, and Laura K Green. Administrative oversight is provided by David R. Ojerholm, CPA.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD FELS | Trustee | 10 | — |
| MARILYN FELS | Trustee | 2 | — |
| LAURA GREEN | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Fels Family Foundation?
The foundation made 43 grants in 2024. Recent grants include: • All Saints Academy of Webster, Massachusetts: $90,000 • United Way of Southbridge Central Massachusetts: $60,000 • Our Bright Future: $31,240 The foundation supports a range of charitable organizations with grants distributed across multiple grantees annually.
Where does Fels Family Foundation make grants?
The foundation primarily focuses on the Worcester, Massachusetts area and surrounding Central Massachusetts communities.
What size grants does Fels Family Foundation award?
In 2024, Fels Family Foundation awarded 50 grants totaling $1.2M — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Fels Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fels Family Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fels Family Foundation's EIN?
Fels Family Foundation's EIN (Employer Identification Number) is 20-0477156. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fels Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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