MFS Investment Management Foundation Inc
MFS Investment Management Foundation Inc is a private foundation based in Boston, Massachusetts. In its 2025 filing, it reported 46 grants totaling $2,254,762, including support for organizations working in Massachusetts and elsewhere.
MFS Investment Management Foundation Inc at a glance
In short: MFS Investment Management Foundation Inc gave $2.3M across 46 grants in 2025 (avg $49K), mostly in Massachusetts. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,254,762
- +31.0% vs 2024
- Grants made (2025)
- 46
- +27.8% vs 2024
- Average grant
- $49,017
- +2.5% vs 2024
- Median grant
- $10,000
- Total assets
- $35,126,352
- +73.6% vs 2024
- New grantees (estimate)
- 40% first-time grantees (16 of 40, 2025)
- Primary geography
- Massachusetts (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to MFS Investment Management Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 111 Huntington Avenue 21St Floor, Boston, MA 02199
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who MFS Investment Management Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Online Giving Foundation Inc ($1000K). Together the top 10 received $2.0M.
Grant Size Distribution
136 grants across all recorded years
The most common grant size was under $50K: 109 grants of 136 (80%).
Geographic Focus
Where this funder awards grants
In 2025, 51% of grant dollars went to recipients in Massachusetts and 44% to recipients in Delaware. The filing also reports 3% to recipients in Washington, DC, and 0% each to recipients in New York and Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 46 itemized grants.
States
Cities
Is MFS Investment Management Foundation Inc open to new grantees?
40%
first-time grantees, 2025
In 2025, 16 of 40 grantees (40%) were first-time recipients. First grants averaged $16K; repeat grants $83K. How we count
Medians: $3K first-time, $20K repeat.
- 48% of 2025 grantees were also funded in 2024. Method
- Giving grew 206% from 2022 to 2025. Method
- In 2025 it paid out 176% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). 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 2022 to 2025, annual grant giving ranged from $737K (2022) to $2.3M (2025). In 2025 it made 46 grants totaling $2.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Inc Newark, DE | General & Unrestricted | $999,998 |
| City Year Inc Boston, MA | General & Unrestricted | $240,000 |
| Horizons for Homeless Children Inc Roxbury, MA | General & Unrestricted | $152,450 |
| Boston Medical Center Corporation Boston, MA | General & Unrestricted | $125,000 |
| Cradles to Crayons Inc Newton, MA | General & Unrestricted | $100,000 |
| Squashbusters Inc Boston, MA | General & Unrestricted | $100,000 |
| World Central Kitchen Incorporated Washington, DC | General & Unrestricted | $75,000 |
| American National Red Cross Dedham, MA | General & Unrestricted | $50,000 |
| Tenacity Inc Boston, MA | General & Unrestricted | $50,000 |
| Greater Boston Chamber of Commerce Foundation Inc Boston, MA | General & Unrestricted | $35,000 |
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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 | $35,126,352 | $17,177,459 | $2,379,986 | $2,254,762 | 46 | $2,367,246 | $1,021,446 | $1,343,824 |
| 2024 | $20,230,006 | $8,436,872 | $1,844,985 | $1,721,759 | 36 | $1,835,186 | $715,083 | $694,349 |
| 2023 | $13,638,119 | $3,583,020 | $1,281,980 | $1,180,548 | 26 | $1,275,956 | $539,482 | $554,512 |
| 2022 | $11,337,079 | $145,632 | $808,773 | $736,940 | 28 | $807,570 | $145,632 | $576,464 |
| 2021 | $12,000,220 | $12,000,220 | — | — | — | — | $220 | $83,588 |
Under IRS private-foundation payout rules, MFS Investment Management Foundation Inc reported a distributable amount of $1.3M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided in the available information. Its 2025 grants included support for organizations whose stated missions involve children and families, health care, youth development, emergency response, and community and economic opportunity.
For example, Horizons for Homeless Children says its mission is to improve the lives of homeless children and their families through early education, play, and nurturing opportunities. Cradles to Crayons says it provides essential items to children in low-income or homeless situations. Boston Medical Center says it provides accessible health services regardless of a person’s status or ability to pay.
Grantmaking
In filing year 2025, the foundation reported 46 grants totaling $2,254,762. Grant amounts ranged from $790 to $999,998, with a median of $10,000. The largest listed awards included $999,998 to American Online Giving Foundation Inc for general and unrestricted purposes, $240,000 to City Year Inc for general and unrestricted purposes, and $152,450 to Horizons for Homeless Children for general and unrestricted purposes. Other notable grants included $125,000 to Boston Medical Center Corporation, $100,000 each to Cradles to Crayons Inc and SquashBusters Inc, and $75,000 to World Central Kitchen Incorporated, all for general and unrestricted purposes.
The foundation’s filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. It does not provide a process or application materials for prospective applicants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Anne Marie Bernard as director and president; Christopher R Bohane as clerk; Scott A Chin as assistant treasurer; John M Corcoran as director and treasurer; Heidi W Hardin as clerk and director; Sean Kenney as director; and Susan Pereira as assistant clerk.
MFS Investment Management Foundation Inc is led by Anne Marie Bernard, Director & President on the 2025 filing; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anne Marie Bernard
Director & President
New on the 2025 filing
1 hr/week
No compensation reported
Heidi W Hardin
Clerk & Director
On filings since 2021
1 hr/week
No compensation reported
John M Corcoran
Director & Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Sean Kenney
Director
New on the 2025 filing
1 hr/week
No compensation reported
Christopher R Bohane
Clerk
New on the 2025 filing
1 hr/week
No compensation reported
Scott A Chin
Assistant Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Susan Pereira
Assistant Clerk
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Amrit A Kanwal (2021–2024) — Director & Treasurer
- Former: Mark A Leary (2021–2024) — Director & President
Data from IRS Form 990 filings, 2021–2025. "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 MFS Investment Management Foundation Inc
How much does MFS Investment Management Foundation Inc give each year?
MFS Investment Management Foundation Inc gave $2.3M across 46 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.7M across 36 grants.
What is MFS Investment Management Foundation Inc's typical grant size?
MFS Investment Management Foundation Inc's median grant in 2025 was $10,000, and its average grant was $49,017, across 46 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from MFS Investment Management Foundation Inc that year got $16K on average.
Where does MFS Investment Management Foundation Inc give grants?
MFS Investment Management Foundation Inc gives mostly in Massachusetts: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Delaware (44%). The most frequent recipient cities were Boston, MA (17 grants), Roxbury, MA (3 grants), Dedham, MA (2 grants) and Needham, MA (2 grants).
Does MFS Investment Management Foundation Inc give general operating support?
Yes: 87% of MFS Investment Management Foundation Inc's 2025 grants with a stated purpose (40 of 46) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are MFS Investment Management Foundation Inc's largest grantees?
MFS Investment Management Foundation Inc's largest 2025 grantees include American Online Giving Foundation Inc ($999,998), City Year Inc ($240,000) and Horizons for Homeless Children Inc ($161,403 across 3 grants), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is MFS Investment Management Foundation Inc?
MFS Investment Management Foundation Inc reported $35.1M in total assets on its 2025 IRS Form 990-PF. It paid out $2.4M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
What does MFS Investment Management Foundation Inc fund?
No mission statement for the foundation is provided in the available information. Its 2025 grants included support for organizations whose stated missions involve children and families, health care, youth development, emergency response, and community and economic opportunity. See mission & focus areas ↑
How do I apply for a grant from MFS Investment Management Foundation Inc?
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is MFS Investment Management Foundation Inc's EIN?
MFS Investment Management Foundation Inc's EIN (Employer Identification Number) is 87-1687549. IRS Form 990 filing data is available on this page for 2021–2025.
Does MFS Investment Management Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 30, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work MFS Investment Management Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in MFS Investment Management Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). MFS Investment Management Foundation Inc funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/mfs-investment-management-foundation-inc-morg_fd4b0c65e907414da5b52d58fe606ba5
BibTeX
@misc{grantable_871687549_2026,
author = {{Grantable}},
title = {{MFS Investment Management Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mfs-investment-management-foundation-inc-morg_fd4b0c65e907414da5b52d58fe606ba5},
note = {Accessed 2026-10-23. 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 MFS Investment Management 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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