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
Under IRS private-foundation payout rules, Foundation M reported a distributable amount of $904K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Appalachian Mountain Club ($50,000), Audubon Vermont ($35,000), Aspca ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A Better ChanceAndover Andover, MA | General Purpose | $5,000 |
| ACLU New York, NY | General Purpose | $10,000 |
| American Red Cross Washington, DC | General Purpose | $15,000 |
| Americares Stamford, CT | Turkey/Ukraine | $15,000 |
| Animal Legal Defense Fund Cotati, CA | General Purpose | $4,000 |
| Animal Rescue League of Boston Boston, MA | General Purpose | $5,000 |
| Anti Defamation League New York, NY | General Purpose | $4,000 |
| Appalachian Mountain Club Boston, MA | Barnard Tract Project | $50,000 |
| ASPCA Washington, DC | General Purpose | $20,000 |
| Audubon Vermont Huntington, VT | Working Lands Conservation Initiative | $35,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Casper Martin — Trustee
- Linda Woolford — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CASPER MARTIN | TRUSTEE | 2 | — |
| LINDA WOOLFORD | TRUSTEE | 8 | $4,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Foundation M fund?
Foundation M's grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Environmental initiatives • Science and wildlife conservation
How do I apply for a grant from Foundation M?
**Grant Activity:** • Made 56 grants in the most recent reporting period (2024) • Total giving: $841,500 • Typical grant range: $3,000–$160,000 • Average grant amount: $11,900 • Median grant amount: $8,000 **Recent Grants (2024):** • Appalachian Mountain Club (AMC) — Barnard Tract Project: $50,000 • Union of Concerned Scientists (UCS) — Clean Vehicles Program: $40,000 • Southeastern Vermont Audubon Society — Working Lands Conservation Initiative: $35,000
Where does Foundation M make grants?
Foundation M primarily funds organizations in Massachusetts, New York, and the District of Columbia.
What size grants does Foundation M award?
In 2024, Foundation M awarded 93 grants totaling $842K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Foundation M required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation M reported a distributable amount of $904K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation M's EIN?
Foundation M's EIN (Employer Identification Number) is 04-3559359. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation M'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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