The Virginia Wellington Cabot Foundation
The Virginia Wellington Cabot Foundation is a private family foundation established in 1992 by Thomas D. Cabot and his wife Virginia Wellington Cabot. Based in Boston, Massachusetts, the foundation operates as the independent philanthropic arm of Cabot-Wellington LLC, an investment management firm. The foundation's primary purpose is to foster family-wide philanthropy and serve as a tool for teaching future generations to be effective and innovative givers.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.9M
+4.2% YoY
Annual Giving
$2.1M
+9.7% YoY
Grant Count
108
-5.3% YoY
Avg Grant Size
$19K
+15.8% YoY
Mission & Focus Areas
Mission Statement: The mission of the Virginia Wellington Cabot Foundation is to benefit mankind through the practice of responsible philanthropy, and to inspire, educate, engage and unify the descendants of Tom and Virginia Cabot in that worthy cause.
Funding Categories:
- Culture and Humanities
- Education and Youth
- Conservation and Environment
- Health and Human Services
The foundation's giving policy is guided as much by the degree of personal, volunteer commitment as by subject matter.
Grantmaking
The foundation made 138 grants in 2023, with total giving of $2,063,223. Typical grant awards range from $200 to $201,503.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's grant-making focuses primarily on Massachusetts, New York, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total Assets: $43,142,424
- Total Revenues: $2,079,694
- Total Expenses: $2,678,025
- Total Giving: $2,063,223
Historical Assets:
- 2021: $53,324,195
- 2020: $46,181,054
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,937,726 | $43,142,424 | $41,116,756 |
| Revenue | $863,422 | $2,079,694 | $808,907 |
| Expenses | $2,816,427 | $2,678,025 | $3,081,024 |
| Qualifying Distributions | $2,460,370 | $2,319,449 | $2,658,881 |
| Net Investment Income | $3,730,147 | $3,347,034 | — |
| Distributable Amount | $2,261,803 | $2,072,675 | $2,203,227 |
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
250 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
- Executive Director: Heidi Heinlein
- Trustees: Helen C. McCarthy, Joan M. Whelton, Bryan McCarthy
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT MAXIMILIAN CABOT ALLETZHAUSE | TRUSTEE | 1 | — |
| DANIEL DOMONEY | TRUSTEE | 1 | — |
| MAYA CABOT | TRUSTEE | 1 | — |
| TAMSIN MYERS | TRUSTEE | 1 | — |
| GULREZ ARSHAD | TRUSTEE | 1 | — |
| AIDAN FITZGERALD ENDED 52024 | TRUSTEE | 1 | — |
| FIONA SCANLON-BLACK | TRUSTEE | 1 | — |
| ALEXANDER BLACK | TRUSTEE | 1 | — |
| PERE SELLES | TRUSTEE | 1 | — |
| HEATHER CABOT | TRUSTEE | 1 | — |
| PETER MYERS | CHAIRPERSON OF THE BOARD | 1 | — |
| JOAN WHELTON | SECRETARY | 1 | — |
| SOPHIE DICKSON AS OF 62024 | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported various initiatives including COVID-19 immunization efforts, with a $25,000 grant to Novant Health Presbyterian Medical Center to fund COVID-19 immunizations and infection prevention. The foundation also supported cultural programming, including an opera production titled "Champion: An Opera in Jazz" in May 2022.
Virginia Wellington Cabot Foundation grants $25,000 to Novant Health PresbyterianContact Information
Address: Virginia Wellington Cabot Foundation c/o GMA Foundations 2 Liberty Square, Suite 500 Boston, MA 02109
Phone: 617-391-3073 or 617-750-2741
Email: [email protected]
Website: https://apply.vwcfoundation.org/
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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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