Rockwell Foundation

Foundation · Grantmaker Worcester, MA EIN: 04-3369981

Rockwell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Worcester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 13 grants totaling $80K. Net investment income was $141K.

Key facts about Rockwell Foundation

EIN: 04-3369981
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $80,000
Grants made (2024): 13
Average grant: $6,154
Median grant: $5,000
New grantees (estimate): 54% first-time grantees (7 of 13, 2024)
Total assets: $1,709,649
Primary geography: Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Rockwell Foundation funds

By grant dollars, the top recipient states for Rockwell Foundation's 13 itemized 2024 grants were Massachusetts (100%). The most frequent recipient cities were Worcester, MA (8 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (13 grants).

Is Rockwell Foundation open to new grantees?

54%

first-time grantees, 2024

In 2024, 7 of 13 grantees (54%) were first-time recipients. First grants averaged $7K; repeat grants $5K. How we count

Medians: $5K first-time, $5K repeat.

46% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−7%). Method
In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Rockwell Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+2.9% YoY

Annual Giving

$80K

-12.1% YoY

Grant Count

-7.1% YoY

Avg Grant Size

$6K

-5.3% YoY

Under IRS private-foundation payout rules, Rockwell Foundation reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.

About Rockwell Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $80K (100%)

Share of all 13 itemized 2024 grant dollars.

States

Massachusetts

Cities

WorcesterNeedhamNewtonBoylstonPrincetonSturbridgeBrightonLincolnNorth GraftonWellesley

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,709,649	$1,661,445	$1,706,582
Revenue	$154,765	$70,124	$81,384
Expenses	$105,143	$115,261	$98,265
Qualifying Distributions	$91,696	$100,770	$78,527
Net Investment Income	$141,489	$55,633	$64,509
Distributable Amount	$95,249	$88,878	$90,103

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

65 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Nativity School of Worcester Inc ($10,000), Boys & Girs Club of Worcester ($10,000), Willard House and Clock Museum Inc ($10,000).

Recipient	Purpose	Amount
NATIVITY SCHOOL OF WORCESTER INC Worcester, MA	CHARITABLE	$10,000
BOYS & GIRS CLUB OF WORCESTER Worcester, MA	CHARITABLE	$10,000
WILLARD HOUSE AND CLOCK MUSEUM INC North Grafton, MA	CHARITABLE	$10,000
WORCESTER HISTORICAL MUSEUM Worcester, MA	CHARITABLE	$7,500
CARROLL CENTER FOR THE BLIND Newton, MA	CHARITABLE	$5,000
COMMUNITY ROWING INC Brighton, MA	CHARITABLE	$5,000
AMERICAN ANTIQUARIAN SOCIETY Worcester, MA	CHARITABLE	$5,000
MASSACHUSETTS AUDUBON SOCIETY - WORCESTE Lincoln, MA	CHARITABLE	$5,000
PAN-MASS CHALLENGE Needham, MA	CHARITABLE	$5,000
LITERACY VOLUNTEERS OF GREATER WORCESTER Worcester, MA	CHARITABLE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Phillipe S Davis	Trustee	1	$17,959

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Rockwell Foundation?

Rockwell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Worcester, MA. It holds $1.7M in total assets as of 2024.

How large is Rockwell Foundation?

As of 2024, Rockwell Foundation holds $1.7M in total assets with $155K in annual revenue. It awarded 13 grants totaling $80K in 2024.

Where does Rockwell Foundation operate?

Rockwell Foundation has awarded grants in Massachusetts.

What size grants does Rockwell Foundation award?

In 2024, Rockwell Foundation awarded 13 grants totaling $80K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Rockwell Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rockwell Foundation reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.