Greater New Bedford Industrial Foundation logo

Greater New Bedford Industrial Foundation

Foundation · Grantmaker New Bedford, MA EIN: 04-2186191 Website

Dedicated to bringing jobs to New Bedford and Dartmouth and focused on facilitating the development and expansion of businesses and the creation of jobs within the New Bedford Business Park, managing and improving the park and acting as an advocate for its tenants.

Key facts about Greater New Bedford Industrial Foundation

In short: Greater New Bedford Industrial Foundation gave $10K across 1 grant in 2025 (avg $10K), mostly in Massachusetts. Source: 2025 IRS Form 990.

EIN
04-2186191
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$10,000
Grants made (2025)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$695,150
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$695K

-0.6% YoY

Annual Giving

$10K

Grant Count

1

Avg Grant Size

$10K

About Greater New Bedford Industrial Foundation

Based on IRS filings

Greater New Bedford Industrial Foundation is a nonprofit organization, based in New Bedford, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $695K in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

Cities

DevensNew Bedford

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants20200 grants20210 grants20221 grants20230 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

MASS Development: $10KMASS Development$10K

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MASS Development Devens, MASite Readiness Grant award Match GNBIP$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K202020212022202320242025
Metric202520242023
Total Assets$695,150$698,998$884,850
Revenue$118,416$101,449$401,269
Expenses$132,676$126,956$295,444
Qualifying Distributions———
Net Investment Income$35,236$16,654$313,974
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS July 12, 2024)
  2. Added Form 990 for fiscal year 2024 (received by the IRS June 4, 2026)
  3. Added Form 990 for fiscal year 2025 (received by the IRS June 4, 2026)

Leadership & Key People

Officers and directors from IRS filings

Greater New Bedford Industrial Foundation is led by Elizabeth Isherwood, Chairman on every filing since 2020; none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Elizabeth Isherwood

    Chairman

    On filings since 2020

    2.3 hrs/week

    No compensation reported

  • Jeffrey Pagliuca

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Kevin Carando

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Peter Anthony

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Stephanie Poyant-Moran

    Director

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Stephen Neuger

    Director

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • David Cabral

    Vice Chair

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Jeff Vancura

    Treasurer

    On filings since 2020

    1.2 hrs/week

    No compensation reported

  • Michael Tavares

    Secretary

    Director → Secretary, 2024

    On filings since 2020

    0.4 hrs/week

    No compensation reported

Former officers (7)
  • Former: Donald Rudnick (2020–2023) — Director
  • Former: Melvyn A. Holland (2020–2023) — Chairman Emeritus
  • Former: Robert B. Mitchell (2020–2023) — Secretary
  • Former: Carl Ribeiro (2020–2021) — Director
  • Former: Dave Martin (2020–2021) — Director
  • Former: Raymond L. Cebula (2020–2021) — Director
  • Former: Steven Neuger (2020–2021) — Director

Data from IRS Form 990 filings, 2020–2025. "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 Greater New Bedford Industrial Foundation

How much does Greater New Bedford Industrial Foundation give each year?

Greater New Bedford Industrial Foundation gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is Greater New Bedford Industrial Foundation?

Greater New Bedford Industrial Foundation reported $695K in total assets on its 2025 IRS Form 990. Its revenue that year was $118K.

Where does Greater New Bedford Industrial Foundation operate?

Greater New Bedford Industrial Foundation has awarded grants in Massachusetts.

What is Greater New Bedford Industrial Foundation's EIN?

Greater New Bedford Industrial Foundation's EIN (Employer Identification Number) is 04-2186191. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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