The Ceres Foundation Inc logo

The Ceres Foundation Inc

GROTON, MA EIN: 91-2170962 Website

The Ceres Foundation is a private grantmaking foundation established in 2000 and granted charitable status in May 2002. Based in Groton, Massachusetts, the foundation is dedicated to strengthening communities and improving life outcomes for historically underserved youth and their families through dynamic partnerships with innovative nonprofits.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$169.6M

-2.3% YoY

Annual Giving

$7.9M

+16.7% YoY

Grant Count

64

+1.6% YoY

Avg Grant Size

$123K

+14.9% YoY

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

Mission & Focus Areas

The foundation's mission centers on supporting programs that change individual lives by expanding opportunities for disadvantaged youth and vulnerable families to develop and make full use of their potential. The foundation favors programs that are:

  • Holistic, making a commitment to each individual to provide all services needed for success
  • Goal-oriented, setting high goals for clients relative to their circumstances and potential
  • Measurement-focused, using multiple measures to assess client situations at entry and exit
  • Impact-focused, tracking and assisting clients for a year or more after program completion

Primary Funding Priorities

College Access & Success — Support for programs helping students graduate from high school, prepare for and enroll in college, and secure post-secondary degrees.

Career Pathways — Education, training, work-experience, or job placement programs leading to rewarding and sustainable careers.

Family Strengthening — Programs working simultaneously with parents and children to promote healthy parenting and build resilient, stable families.

Capacity Building Focus

Approximately 77% of the foundation's funding is focused on capacity building—investments that bring nonprofits to the next level of operational, programmatic, financial, or organizational maturity. The foundation views capacity building as a continuous improvement strategy toward creating sustainable and impactful organizations, not a one-time effort.

Grantmaking

Grant Range

** $5,000 to $2,000,000

Average Grant

ee remaining in their portfolio for 7 years.

Review Cycle

s annually

Grant Types

** The foundation provides primarily general operating support and capacity building grantswith multi-year awards often granted. The foundation generally provides one grant per calendar year per organization

How to Apply

** The foundation does not respond to unsolicited applications for funding. Prospective grantees should contact the foundation directly for application guidelines.

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Geographic Focus

Where this funder awards grants

The foundation's funding is concentrated in three geographic areas where the majority of family members and staff live:

  • Washington, DC
  • Los Angeles and Orange County, California
  • Western Massachusetts

Grant Distribution by State

11states
+3 more states

Cities

ArlingtonBaltimoreBedhamBethesdaBostonBronxCalabasasChapel HillChelseaChicagoColumbiaCosta MesaDedhamDelanoEast OrangeEast Palo AltoFrederickHollywoodHolyokeHuntington Beach

Financial History

Multi-year comparison from IRS filings

Total Assets: $173.6 million (2023)

Annual Giving: $7.3 million (2023)

Total Revenue: $6.67 million (2023)

Total Expenses: $7.95 million (2023)

Total Liabilities: $0 (2023)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$26M$52M$79M$105M20202021202220232024
Metric202420232022
Total Assets$169,555,715$173,580,774$175,242,197
Revenue$5,329,879$6,671,209$68,094,919
Expenses$9,354,938$7,947,838$7,196,073
Qualifying Distributions$8,546,413$7,302,336$4,431,564
Net Investment Income$4,645,497$5,929,789$66,005,811
Distributable Amount$9,011,608$8,153,455$6,208,576

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M23 grants202022 grants202139 grants202263 grants202364 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THRIVE SCHOLARS$2.0MFRIENDSHIP SHELTER INC$360KSCHOOLHOUSE CONNECTION INC$275KCOMMUNITY ADOLESCENT RES…$250KFUTURE LINK INC$200KLIFT INC$200KSTEM ADVANTAGE$200KMORE THAN WORDS INC$160KCORPORATION OF THE WASHI…$150KMONUMENT ACADEMY INC$150K

Grant Size Distribution

184 grants across all recorded years

25<$50K86$50–100K64$100–250K8$250–500K$500K–1M1$1–5M$5M+

Open Grants

1 open opportunity from The Ceres Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Directors:

  • Dan Milder, President
  • Don Milder, Treasurer
  • Terri Milder, Secretary
  • Ryan Bradley, Member at Large
  • Emily Milder, Member at Large
  • Zach Milder, Member at Large

Staff:

  • Amanda Northrop, Executive Director (joined 2021; previously spent twenty years at the State Street Foundation)
  • Adena Klem, Director of Learning and Impact
  • Diana D Diaz, Senior Program Associate

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANIEL C MILDERPRESIDENT1
DONALD B MILDERTREASURER1
TERRI L MILDERSECRETARY1
EMILY B MILDERDIRECTOR1
RYAN F BRADLEYDIRECTOR1
ZACHARY D MILDERDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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