MFS Charitable Foundation Inc

NORWELL, MA EIN: 04-3500194

MFS Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $234K in total assets. In 2024, it awarded 3 grants totaling $16K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$234K

+10.1% YoY

Annual Giving

$16K

+14.8% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$5K

-23.5% YoY

About MFS Charitable Foundation Inc

Based on IRS filings

MFS Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $234K in total assets. In 2024, it awarded 3 grants totaling $16K. Net investment income was $12K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BrocktonDedhamMarshfieldPembrokeRedondo BeachWeymouth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$42K$56K20202021202220232024
Metric202420232022
Total Assets$233,691$212,336$192,891
Revenue$38,147$34,692$32,540
Expenses$16,744$15,247$28,526
Qualifying Distributions$16,049$13,975$27,000
Net Investment Income$12,352$9,042$12,365
Distributable Amount$12,524$11,293$11,380

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K3 grants20204 grants20213 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

SOUTH SHORE HOSPITAL FOU…$10KNEW ENGLAND VILLAGE$5KHOPEWELL INC$1K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL J SULLIVANPRESIDENT/DIRECTOR1
ROBERT D SULLIVANTREASURER1
maureen cullityCLERK1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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