Main Street Group Foundation Inc
Main Street Group Foundation Inc is a private foundation based in Marlborough, Massachusetts. It supports 501(c)(3) public charities in communities served by Main Street Bank, with a stated aim of supporting community organizations that contribute to the quality of life and welfare of those communities.
Main Street Group Foundation Inc at a glance
In short: Main Street Group Foundation Inc gave $333K across 50 grants in 2025 (avg $7K), mostly in Massachusetts. 53% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $332,975
- +27.4% vs 2024
- Grants made (2025)
- 50
- +42.9% vs 2024
- Average grant
- $6,660
- -10.8% vs 2024
- Median grant
- $5,000
- Total assets
- $1,956,266
- -9.4% vs 2024
- New grantees (estimate)
- 53% first-time grantees (23 of 43, 2025)
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Main Street Group Foundation Inc
- How to Apply
-
Contact Walter J Dwyer IV. Contact the foundation for application forms and materials. Grants are restricted to 501(c)(3) public charities located in communities served by Main Street Bank.
- Contact
Application contact: Walter J Dwyer Iv
Mailing address: 81 Granger Blvd, Marlborough, MA 01752
Phone: (978) 772-3306
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Main Street Group Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Pach Outreach ($51K across 2 grants). Together the top 10 received $176K.
Organizations only. It also paid 1 grant to individuals ($5,000), which are not listed by name.
Grant Size Distribution
138 grants across all recorded years
The most common grant size was under $50K: 136 grants of 138 (99%).
Geographic Focus
Where this funder awards grants
The foundation’s stated service area includes communities surrounding Marlborough and Ayer, Massachusetts, and the greater Northern Middlesex County area. All grant dollars reported for 2024 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 50 itemized grants.
States
Cities
Is Main Street Group Foundation Inc open to new grantees?
53%
first-time grantees, 2025
In 2025, 23 of 43 grantees (53%) were first-time recipients. First grants averaged $7K; repeat grants $9K. How we count
Medians: $5K first-time, $8K repeat.
- 37% of 2025 grantees were also funded in 2024. Method
- Giving grew 160% from 2022 to 2025. Method
- In 2025 it paid out 311% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). 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 2021 to 2025, annual grant giving ranged from $108K (2021) to $333K (2025). In 2025 it made 50 grants totaling $333K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pach Outreach Boston, MA | Support for the organizations generator and basement waterproofing project as well as an additionally monetary designation (to be determined) for signage opportunities. | $50,000 |
| North Star Family Services Leominster, MA | North star family services seeks support in funding their shelter operations for the year. | $20,000 |
| Newvue Communities Fitchburg, MA | To support the funding of much-needed work related to housing stability. | $15,000 |
| Massachusetts Mortgage Bankers Foundation Boston, MA | To fund a spectacular evening of philanthropy focused on housing development and financial literacy, hosted at gillette stadium | $15,000 |
| Better Day Adult Social Day Program Marlborough, MA | Funding to support workforce development initiative in dementia care, including a paid internship for a health technology student from assabet valley regional technical high school | $10,000 |
| Boston Arts Academy Foundation Boston, MA | To sponsor baa's largest annual event, honors, to recognize leaders in the school's art majors | $10,000 |
| Groton Hill Music Groton, MA | To support groton hill's work to make music education and performance experiences accessible for children of all backgrounds and financial circumstances | $10,000 |
| Habitat for Humanity North Central Massachusetts Leominster, MA | To Support Habitat NCM'S Critical Repair Program | $10,000 |
| Boys & Girls Club of Metrowest Marlborough, MA | The metrowest boys and girls club has proposed a partnership with main street bank, pertaining to an investment in the "educational, leadership, career development, and financial literacy components of the keystone club" as well as exclusive sponsorship for the youth of the year program and hall of fame breakfast. | $10,000 |
| Newvue Communities Fitchburg, MA | Housing equity work, which includes prevention counseling, financial counseling, first-time homebuyer education classes, and the childhood lead poisoning prevention program. | $10,000 |
Ready to take the next step with Main Street Group Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,956,266 | $152,645 | $355,493 | $332,975 | 50 | $333,082 | $32,715 | $107,020 |
| 2024 | $2,159,114 | $986,279 | $274,890 | $261,293 | 35 | $261,293 | $875,252 | $88,963 |
| 2023 | $1,443,082 | $122,667 | $177,496 | $160,869 | 21 | $160,869 | $104,247 | $81,078 |
| 2022 | $1,497,911 | $113,596 | $149,823 | $128,250 | 14 | $128,250 | $96,941 | $80,442 |
| 2021 | $1,534,138 | $186,312 | $127,180 | $108,140 | 18 | — | $180,853 | $81,384 |
| 2019 | $105,274 | $3,430 | $2,575 | — | — | — | $3,430 | $5,367 |
Under IRS private-foundation payout rules, Main Street Group Foundation Inc reported a distributable amount of $107K for 2025 — 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 filing describes support for community organizations that contribute to the quality of life and welfare of people and institutions in the communities it serves. Its 2024 grants include support for shelter operations, veterans’ services, youth programs, arts education, housing repairs, and community economic initiatives.
Grantees describe their work in varied ways. North Star Family Services says it provides stable housing, comprehensive services, and advocacy for families in need. Clear Path for Veterans New England describes its work as providing wellness and wellbeing services to veterans and family members. Boston Arts Academy Foundation says it raises funds in support of Boston Arts Academy, a public high school for the arts.
Grantmaking
In 2024, the foundation reported 35 grants totaling $261,293. Grants ranged from $1,000 to $20,000, with a median grant of $8,000. Notable grants included $20,000 to North Star Family Services for shelter operations; $15,000 each to 495MetroWest Corridor Partnership Charitable Trust and Community Foundation for MetroWest; and $10,000 each to Boros Cares 4 Troops, Clear Path for Veterans New England, Girls on the Run Worcester County, and Habitat for Humanity NCM. Its 2025 filing, the latest on this page, reports 50 grants totaling $332,975.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ellen Dorian as president; Walter J Dwyer IV as CEO; Gretchen Herdrich as secretary; and Christopher Seidlich, Ruth Cavanagh, Jeff Tucker, David Felton, and Julie Aldie as directors. Julie Aldie’s listing notes that she left on September 13, 2024.
Main Street Group Foundation Inc is led by Walter J. Dwyer IV, CEO since 2024 (on filings since 2019); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Walter J. Dwyer IV
CEO
President & Director → Director, 2021
Director → CEO, 2024
On filings since 2019
0.1 hrs/week
No compensation reported
Ellen Dorian
President
On filings since 2021
0.1 hrs/week
No compensation reported
Jeff Tucker
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Ruth Cavanagh
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Christopher Seidlich
Director
On filings since 2023
0.1 hrs/week
No compensation reported
David Felton
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Craig Nardi Joined
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Pamela Berry Joined
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Gretchen Herdrich
Secretary
On filings since 2022
0.1 hrs/week
No compensation reported
Former officers (8)
- Former: Julie Aldie Left (2024) — Director
- Former: Paul Musgrove (2021–2022) — Treasurer
- Former: Viktoriya Skuz (2021) — Secretary
- Former: Cynthia Russo (2019) — Director
- Former: David J. Eliades (2019) — Secretary & Director
- Former: Michael A. Noble (2019) — Treasurer & Director
- Former: Murray W. Clark (2019) — Director
- Former: Paul D. Bresnahan (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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 Main Street Group Foundation Inc
How much does Main Street Group Foundation Inc give each year?
Main Street Group Foundation Inc gave $333K across 50 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $261K across 35 grants.
What is Main Street Group Foundation Inc's typical grant size?
Main Street Group Foundation Inc's median grant in 2025 was $5,000, and its average grant was $6,660, across 50 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Main Street Group Foundation Inc that year got $7K on average.
Where does Main Street Group Foundation Inc give grants?
Main Street Group Foundation Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (8 grants), Worcester, MA (7 grants), Marlborough, MA (6 grants) and Leominster, MA (5 grants).
Does Main Street Group Foundation Inc give general operating support?
Occasionally: 4% of Main Street Group Foundation Inc's 2025 grants with a stated purpose (2 of 50) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Raffle Winner from Worcester Event" (4 grants).
Who are Main Street Group Foundation Inc's largest grantees?
Main Street Group Foundation Inc's largest 2025 grantees include Pach Outreach ($51,000 across 2 grants), Newvue Communities ($25,000 across 2 grants) and North Star Family Services ($20,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($5,000), which are not listed by name. Together they received 29% of its itemized 2025 grant dollars.
How large is Main Street Group Foundation Inc?
Main Street Group Foundation Inc reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $333K in qualifying distributions that year, against a required minimum of $107K (roughly 5% of its investment assets).
What does Main Street Group Foundation Inc fund?
The foundation’s filing describes support for community organizations that contribute to the quality of life and welfare of people and institutions in the communities it serves. See mission & focus areas ↑
How do I apply for a grant from Main Street Group Foundation Inc?
Contact Walter J Dwyer IV. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Main Street Group Foundation Inc's EIN?
Main Street Group Foundation Inc's EIN (Employer Identification Number) is 20-1834861. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 4, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 9, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Main Street Group Foundation Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Main Street Group Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Main Street Group Foundation Inc funder profile. GrantGraph. Retrieved November 4, 2026, from https://grantable.co/funders/main-street-group-foundation-inc-morg_46a4b95c8c7f482f963798f3cbb0ca5b
BibTeX
@misc{grantable_201834861_2026,
author = {{Grantable}},
title = {{Main Street Group Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/main-street-group-foundation-inc-morg_46a4b95c8c7f482f963798f3cbb0ca5b},
note = {Accessed 2026-11-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Main Street Group Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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