THE FOUNDATION BOARD ENHANCES THE VITALITY OF THE COLLEGE BY PROMOTING INVESTMENT FROM EXTERNAL SOURCES, GROWING THE ENDOWMENT, AWARDING SCHOLARSHIPS, AND CREATING PARTNERSHIPS FOR LEARNING. IN SO DOING, THE FOUNDATION SEEKS TO BE A CATALYST FOR TRANSFORMING THE COLLEGE BY SUPPORTING EDUCATIONAL EXCELLENCE AND ACHIEVEMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
-1.6% YoY
Annual Giving
$2.1M
+434.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.1M
+434.6% YoY
About Massachusetts Bay Community College
Based on IRS filings
Massachusetts Bay Community College is a nonprofit organization focused on Education, based in WELLESLEY HILLS, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 1 grants totaling $2.1M. Net investment income was $129K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,952,962 | $7,063,730 | $6,708,548 |
| Revenue | $1,449,428 | $2,585,895 | $1,230,055 |
| Expenses | $2,119,026 | $2,469,831 | $1,246,423 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $129,290 | $293,296 | $136,984 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Massachusetts Bay Community College ($2,066,397).
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Bay Community College Wellesley, MA | PROGRAM SUPPORT | $2,066,397 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| James J Mckenzie | Director | 0.5 | — |
| Joseph Asaya | Director | 0.5 | — |
| THOMAS W CLEVERDON | DIRECTOR | 0.5 | — |
| Howard Ferris | Vice Chair | 0.5 | — |
| Rebecca Kannam | CHAIR | 0.5 | — |
| DAVID KENNEDY | DIRECTOR | 0.5 | — |
| TONY LOFTIS | DIRECTOR | 0.5 | — |
| STACY OKADA | DIrector | 0.5 | — |
| TODD OFENLOCH | Director | 0.5 | — |
| Jean Dyer | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Massachusetts Bay Community College?
Massachusetts Bay Community College is a nonprofit organization focused on Education, based in WELLESLEY HILLS, MA. It holds $7.0M in total assets as of 2024.
How large is Massachusetts Bay Community College?
As of 2024, Massachusetts Bay Community College holds $7.0M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $2.1M in 2024.
Where does Massachusetts Bay Community College operate?
Massachusetts Bay Community College has awarded grants in Massachusetts.
What size grants does Massachusetts Bay Community College award?
In 2024, Massachusetts Bay Community College awarded 1 grants totaling $2.1M — an average of about $2.1M per grant, based on its IRS Form 990 filings.
What is Massachusetts Bay Community College's EIN?
Massachusetts Bay Community College's EIN (Employer Identification Number) is 22-2581930. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Massachusetts Bay Community College's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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