Foundation M

ANDOVER, MA EIN: 04-3559359

Foundation M is a private grantmaking foundation based in Andover, Massachusetts. Established in 2001, it operates as a 501(c)(3) organization and provides grants to other nonprofits across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.2M

+0.6% YoY

Annual Giving

$842K

-7.6% YoY

Grant Count

93

+2.2% YoY

Avg Grant Size

$9K

-9.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Foundation M's grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Environmental initiatives
  • Science and wildlife conservation

Grantmaking

Grant Range

$3,000–$160,000

Average Grant

amount: $11,900

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Geographic Focus

Where this funder awards grants

Foundation M primarily funds organizations in Massachusetts, New York, and the District of Columbia.

Grant Distribution by State

21states
+13 more states

Cities

ActonAndoverAshvilleAtlantaBaltimoreBooneBostonBoxfordBrocktonBrooklineCambridgeCarson CityChathamChelseaChichesterChicopeeCotatiDanversDenverDorchester

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $13,153,186
  • Total Revenues: $1,062,505
  • Total Expenses: $967,876
  • Investment Income and Dividends: $419,554
  • Net Gain from Sale of Non-Inventory Assets: $649,007

As of 2023:

  • Total Assets: $13.1 Million
  • Total Revenues: $2.36 Million
  • Total Expenses: $1.01 Million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$650K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$13,153,186$13,072,939$11,722,318
Revenue$1,062,505$2,364,745$876,841
Expenses$967,876$1,014,124$1,016,578
Qualifying Distributions$843,500$915,150$870,500
Net Investment Income$963,969$1,253,905$771,649
Distributable Amount$904,314$843,141$936,839

Giving Over Time

Total grant dollars and number of grants per year

$0$228K$456K$683K$911K56 grants202071 grants202173 grants202291 grants202393 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Appalachian Mountain Club$50KAudubon Vermont$35KASPCA$20KDoctors Without Borders$20KAmerican Red Cross$15KAmericares$15KEquine Advocates$15KBoys & Girls Club of Law…$12KLa Colaborativa$12KACLU$10K

Grant Size Distribution

250 grants across all recorded years

243<$50K4$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Casper Martin — Trustee
  • Linda Woolford — Trustee

Compensation Overview

From 2024 IRS filing

LINDA WOOLFORDTRUSTEE$4K

From 2024 filing

NameTitleHoursCompensation
CASPER MARTINTRUSTEE2
LINDA WOOLFORDTRUSTEE8$4,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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