Medcure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $102K. Net investment income was $290K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+13.7% YoY
Annual Giving
$102K
+6.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$102K
+6.1% YoY
Under IRS private-foundation payout rules, Medcure Foundation reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
About Medcure Foundation
Based on IRS filings
Medcure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $102K. Net investment income was $290K.
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 | $1,400,493 | $1,231,868 | $1,230,363 |
| Revenue | $309,005 | $129,134 | $49,237 |
| Expenses | $140,034 | $127,558 | $44,175 |
| Qualifying Distributions | $119,095 | $111,126 | $26,925 |
| Net Investment Income | $290,261 | $111,701 | $33,499 |
| Distributable Amount | $133,085 | $116,985 | $110,627 |
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 King Baudouin Foundation Us ($101,850).
| Recipient | Purpose | Amount |
|---|---|---|
| KING BAUDOUIN FOUNDATION US NEW YORK, NY | GENERAL SUPPORT | $101,850 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER A WILSON | TRUSTEE | 5 | — |
| MARK M CHRISTOPHER | TRUSTEE | 5 | — |
| MATTHEW R HILLERY | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Medcure Foundation?
Medcure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $1.4M in total assets as of 2024.
How large is Medcure Foundation?
As of 2024, Medcure Foundation holds $1.4M in total assets with $309K in annual revenue. It awarded 1 grants totaling $102K in 2024.
Where does Medcure Foundation operate?
Medcure Foundation has awarded grants in New York.
What size grants does Medcure Foundation award?
In 2024, Medcure Foundation awarded 1 grants totaling $102K — an average of about $102K per grant, based on its IRS Form 990 filings.
How much is Medcure Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Medcure Foundation reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Medcure Foundation's EIN?
Medcure Foundation's EIN (Employer Identification Number) is 27-6208935. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Medcure Foundation'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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