Technical Training Foundation
Technical Training Foundation is a private foundation based in Beverly, Massachusetts. The organization was established in 1985 and operates as a 501(c)(3) exempt private foundation. It is controlled by Wensley Hefni and Suzanne Wright.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$59.7M
+5.8% YoY
Annual Giving
$4.4M
+1.1% YoY
Grant Count
26
+52.9% YoY
Avg Grant Size
$170K
-33.9% YoY
Mission & Focus Areas
The foundation's primary mission is to fund scientific and technical training education. The organization focuses its grantmaking on education, with particular emphasis on technical and scientific training programs.
Grantmaking
Grant Range
s and Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in California, Oregon, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of FYE 08/2024:
- Total assets: $59,676,495
- Total giving: $4,425,963
- Total revenues: $4,698,388
- Total expenses: $5,384,483
- Staff: 2 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $59,676,495 | $56,413,369 | $51,546,373 |
| Revenue | $4,698,388 | $9,906,039 | $5,854,409 |
| Expenses | $5,384,483 | $5,107,965 | $5,098,568 |
| Qualifying Distributions | $5,112,230 | $4,963,738 | $4,757,572 |
| Net Investment Income | $4,569,328 | $5,804,811 | $5,767,076 |
| Distributable Amount | $5,382,540 | $4,510,765 | $4,702,999 |
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
101 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Wensley Hefni – Controlling trustee
- Suzanne Wright – Trustee
- Matiullah Amin – Director of Operations
- Vicky Garcia Garcia – Bookkeeper
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WENSLEY HEFNI | TRUSTEE | 20 | — |
| SUZANNE WRIGHT | TRUSTEE | 20 | — |
Contact Information
Address: 100 Cummings Center, Suite 427A, Beverly, MA 01915-6122
Phone: 978-685-1553
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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