Masscare Capital Inc
Masscare Capital Inc is a private foundation, based in BOSTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $449K in total assets. In 2024, it awarded 1 grants totaling $18K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$449K
+0.1% YoY
Annual Giving
$18K
-5.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$18K
-5.5% YoY
Under IRS private-foundation payout rules, Masscare Capital Inc reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About Masscare Capital Inc
Based on IRS filings
Masscare Capital Inc is a private foundation, based in BOSTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $449K in total assets. In 2024, it awarded 1 grants totaling $18K. Net investment income was $24K.
Ready to take the next step with Masscare Capital Inc?
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 | $449,214 | $448,691 | $435,009 |
| Revenue | $23,557 | $16,845 | $881 |
| Expenses | $22,242 | $22,350 | $25,146 |
| Qualifying Distributions | $21,968 | $22,608 | $25,055 |
| Net Investment Income | $23,557 | $16,845 | $881 |
| Distributable Amount | $21,408 | $21,542 | $22,478 |
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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Black Economic Council of Massachusetts ($18,391).
| Recipient | Purpose | Amount |
|---|---|---|
| BLACK ECONOMIC COUNCIL OF MASSACHUSETTS ROXBURY, MA | GRANT TO BECM | $18,391 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA CANTER | EXECUTIVE VP, FINANCE PROGRAMS | 0.25 | — |
| SIMON GERLIN | EVP FINANCE/CFO | 0.25 | — |
| RICKS FRASER | GENERAL COUNSEL-3/2023 | 0.25 | — |
Frequently Asked Questions
How large is Masscare Capital Inc?
As of 2024, Masscare Capital Inc holds $449K in total assets with $24K in annual revenue. It awarded 1 grants totaling $18K in 2024.
Where does Masscare Capital Inc operate?
Masscare Capital Inc has awarded grants in Massachusetts.
What size grants does Masscare Capital Inc award?
In 2024, Masscare Capital Inc awarded 1 grants totaling $18K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Masscare Capital Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Masscare Capital Inc reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Masscare Capital Inc's EIN?
Masscare Capital Inc's EIN (Employer Identification Number) is 22-2975198. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Masscare Capital Inc'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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