State Street Foundation Inc 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 $16.2M in total assets. In 2024, it awarded 1 grants totaling $21.6M. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.2M
+34.7% YoY
Annual Giving
$21.6M
-16.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$21.6M
-16.2% YoY
Under IRS private-foundation payout rules, State Street Foundation Inc reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
About State Street Foundation Inc
Based on IRS filings
State Street Foundation Inc 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 $16.2M in total assets. In 2024, it awarded 1 grants totaling $21.6M. Net investment income was $1.0M.
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 | $16,237,899 | $12,058,141 | $12,509,602 |
| Revenue | $26,008,801 | $25,496,290 | $25,101,170 |
| Expenses | $21,829,042 | $26,100,251 | $20,307,015 |
| Qualifying Distributions | $21,815,392 | $26,094,565 | $20,304,015 |
| Net Investment Income | $1,004,375 | $493,290 | $97,130 |
| Distributable Amount | $1,047,404 | $538,251 | $473,961 |
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
5 grants across all recorded years
Open Grants
1 open opportunity from State Street Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Statement ($21,596,114).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED STATEMENT BOSTON, MA | SEE ATTACHED STATEMENT | $21,596,114 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN CHRISTEL | PRESIDENT (DIRECTOR) | 20 | — |
| MIDORI MORIKAWA | VICE PRESIDENT (DIRECTOR) | 5 | — |
| BETH SHAEFER | TREASURER (DIRECTOR) | 2 | — |
| MONICA FRANCESCHINI | CLERK (DIRECTOR) | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is State Street Foundation Inc?
State Street Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $16.2M in total assets as of 2024.
How large is State Street Foundation Inc?
As of 2024, State Street Foundation Inc holds $16.2M in total assets with $26.0M in annual revenue. It awarded 1 grants totaling $21.6M in 2024.
Where does State Street Foundation Inc operate?
State Street Foundation Inc has awarded grants in Massachusetts.
What size grants does State Street Foundation Inc award?
In 2024, State Street Foundation Inc awarded 1 grants totaling $21.6M — an average of about $21.6M per grant, based on its IRS Form 990 filings.
How much is State Street Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, State Street Foundation Inc reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is State Street Foundation Inc's EIN?
State Street Foundation Inc's EIN (Employer Identification Number) is 56-2615567. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in State Street Foundation 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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