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

Under IRS private-foundation payout rules, The Ceres Foundation Inc reported a distributable amount of $9.0M for 2024 — the minimum it must pay out in qualifying distributions.

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

Among its reported 2024 grants, the largest include Thrive Scholars ($2,000,000), Friendship Shelter Inc ($360,000), Schoolhouse Connection Inc ($275,000).

RecipientPurposeAmount
THRIVE SCHOLARS LOS ANGELES, CASUPPORT THE EXPANSION OF THE THRIVE SCHOLARS' LOS ANGELES AND BOSTON PROGRAMS$2,000,000
FRIENDSHIP SHELTER INC LAGUNA BEACH, CASUPPORT THE HOME FOR GOOD INITIATIVE AND HENDERSON HOUSE PERMANENT SUPPORTIVE HOUSING PROGRAM$360,000
SCHOOLHOUSE CONNECTION INC WASHINGTON, DCSUPPORT THE YOUTH LEADERSHIP SCHOLARSHIP PROGRAM FOR YOUTH HAVING EXPERIENCED HOMELESSNESS$275,000
COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER INC HOLYOKE, MASUPPORT THE EXPANSION OF THE BARD MICROCOLLEGE PROGRAM FOR LOW-INCOME WOMEN$250,000
FUTURE LINK INC ROCKVILLE, MDSUPPORT THE EXPANSION OF PROGRAMMATIC MODEL TO EXPAND CAREER COACHING, INTERNSHIP, AND MENTORING$200,000
LIFT INC WASHINGTON, DCSUPPORT THE EXPANSION OF FINANCIAL COACHING MODEL FOR LOW-INCOME FAMILIES IN LOS ANGELES AND WASHINGTON D.C.$200,000
STEM ADVANTAGE HUNTINGTON BEACH, CASUPPORT PROGRAM EXPANSION TO MENTOR, PREPARE, AND INSPIRE PRIMARILY FIRST-GENERATION COLLEGE STUDENTS FROM LOW-INCOME FAMILIES FOR CAREERS IN S.T.E.M.$200,000
MORE THAN WORDS INC WALTHAM, MASUPPORT ADVOCACY WORK ROLLOUT OF ITS EXPANDED MODEL TO ADDRESS SYSTEMATIC BARRIERS FOR VULNERABLE MASSACHUSETTS YOUTH$160,000
CORPORATION OF THE WASHINGTON LATIN SCHOOL WASHINGTON, DCSUPPORT CAMPAIGN TO PROVIDE CLASSICAL LIBERAL ARTS EDUCATION, EMPHASIZING THE SOCRATIC MEHOD, FOR AN ADDITIONAL 750 STUDENTS$150,000
MONUMENT ACADEMY INC WASHINGTON, DCGENERAL OPERATING SUPPORT FOR THE 2024-2025 ACADEMIC SCHOOL YEAR$150,000

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

Frequently Asked Questions

What does The Ceres Foundation Inc fund?

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…

How do I apply for a grant from The Ceres Foundation Inc?

**Grant Range:** $5,000 to $2,000,000 **Median Grant:** $90,000 to $100,000 **Annual Giving:** $7.3 million (2023) **Grant Types:** The foundation provides primarily general operating support and capacity building grants, with multi-year awards often granted. The foundation generally provides one grant per calendar year per organization. **Application Process:** The foundation does not respond to unsolicited applications for funding. Prospective grantees should contact the foundation directly f…

Where does The Ceres Foundation Inc make 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**

What size grants does The Ceres Foundation Inc award?

In 2024, The Ceres Foundation Inc awarded 64 grants totaling $7.9M — an average of about $123K per grant, based on its IRS Form 990 filings.

How much is The Ceres Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ceres Foundation Inc reported a distributable amount of $9.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ceres Foundation Inc's EIN?

The Ceres Foundation Inc's EIN (Employer Identification Number) is 91-2170962. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Ceres Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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