The 1434 Foundation Inc

BOSTON, MA EIN: 47-2480352

The 1434 Foundation Inc is a private grantmaking foundation established in 2015 and based in Boston, Massachusetts. The foundation operates with a focused mission centered on three primary areas: arts and culture, food and agriculture, and education and mentoring. The foundation emphasizes what it describes as its "core values – heartfelt, vibrant, practical, and organic" approach to creating meaningful results for youth and families in local communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.3M

-3.3% YoY

Grant Count

65

-8.5% YoY

Avg Grant Size

$51K

+5.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Arts and Culture – Support for cultural initiatives and creative programming
  • Food and Agriculture – Support for nutrition, food security, and agriculture initiatives
  • Education and Mentoring – Support for educational programs and mentoring services
  • Social Services – Support for organizations serving families and youth

The foundation's largest single initiative is the Efrosini Demoulas Scholars Program, which provides four-year scholarships and mentoring to first-generation college students from eastern Massachusetts.

Grantmaking

The foundation does not accept unsolicited funding requests. Grantmaking is invitation-only.

Grant Range

$1,800 – $819,019

Average Grant

amount: $38,103 (charitable grants)

How to Apply

**

Ready to take the next step with The 1434 Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in:

  • Greater Boston, Massachusetts
  • Merrimack Valley, Massachusetts
  • Some out-of-state grants in Massachusetts, New York, and Rhode Island

Grant Distribution by State

15states
+7 more states

Cities

ACTONANNANDALEONHUDSONBEDFORDBOSOTNBOSTONBRIGHTONBROOKEVILLEBROOKLINEBROOKLYNBURLINGTONCAMBRIDGECANTONCHARLESTOWNCHARLOTTECHATHAMCHELMSFORDCHICAGOCLAYMONTDEDHAMDORCHESTER

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $61,954,028
  • Total revenues: $4,245,399
  • Total expenses: $4,527,060

Assets & Revenue (2023):

  • Total assets: $62,240,300
  • Total revenues: $1,589,794
  • Total expenses: $4,429,138

Giving Rate: 6.2%

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$929K$2M$3M$4M86 grants202092 grants202184 grants202271 grants202365 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EDS HARDSHIP GRANTS$233KONE FAMILY INC$120KCATIE'S CLOSET$100KESPERANZA ACADEMY$100KROCKEFELLER PHILANTHROPY…$100KCOMMONWEALTH KITCHEN$75KFRIENDS OF THE CHILDREN-…$75KARTADIA$60KCROSSROADS FOR KIDS INC$60KARTISTS FOR HUMANITY$50K

Grant Size Distribution

250 grants across all recorded years

139<$50K84$50–100K25$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Fotene J. Demoulas – President and Director
  • Thomas P. Cote – Treasurer, Clerk, and Director
  • Thomas S. Fitzpatrick – Trustee
  • Charles Anton – Director

The foundation operates with 2 employees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FOTENE J DEMOULASPRESIDENT / DIRECTOR26
THOMAS P COTETREASURER / CLERK / DIRECTOR10
CHARLES ANTONDIRECTOR10

Contact Information

Address: 160 Commonwealth Avenue, Suite L10, Boston, MA 02116-2749

Phone: 617-589-3865

EIN: 47-2480352

Tax Status: 501(c)(3) organization

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. Research dossier generated April 2026.

What could you do with The 1434 Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities