Third Sector New England Inc
Third Sector New England Inc (TSNE), based in Boston, Massachusetts, is a capacity building organization that partners with nonprofit organizations to strengthen their effectiveness and sustainability. Founded in 1959 and tax-exempt since November 1960, TSNE operates as a 501(c)(3) public charity with approximately 577 employees. The organization provides comprehensive support services to mission-driven nonprofits working toward a more just and equitable society.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$149.0M
-8.3% YoY
Annual Giving
$11.5M
+8.0% YoY
Grant Count
103
+80.7% YoY
Avg Grant Size
$112K
-40.3% YoY
Mission & Focus Areas
TSNE's mission is to strengthen organizations working towards a just and equitable society. The organization builds the knowledge, power, and effectiveness of nonprofit organizations that engage people in community and public life.
Primary focus areas include:
- Capacity Building Services: Organizational development, consulting, and training to enhance nonprofit effectiveness
- Fiscal Sponsorship: Management support for mission-driven groups, including financial management, governance, human resources, insurance, and compliance services
- Property Services: Affordable property management services for nonprofits
- Executive Search and Transition: Support for nonprofit leadership transitions
- Cohort Learning and Training: Educational programs for nonprofit professionals
- Diversity, Equity, Inclusion, and Belonging: Initiatives addressing systemic inequities affecting organizations serving historically marginalized communities
Project-based work addresses issues including civil and human rights, environmental sustainability, food security, and access to healthcare, housing, and education.
Grantmaking
TSNE functions as both a grantmaker and fiscal sponsor. According to the most recent IRS Form 990 filing (2024):
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Geographic Focus
Where this funder awards grants
TSNE's grantmaking focuses primarily on Massachusetts, Michigan, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024 (most recent filing):
- Total Assets: $148,962,717
- Total Revenue: $68,007,933
- Total Expenses: $81,186,450
- Total Liabilities: $20,700,000
- Employees: 577
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $148,962,717 | $162,486,187 | $144,887,260 |
| Revenue | $68,007,933 | $88,378,996 | $83,599,694 |
| Expenses | $81,186,450 | $75,477,123 | $63,267,554 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,914,676 | $2,247,283 | $3,393,723 |
| Distributable Amount | — | — | — |
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
246 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAYE Y SMITH | CHAIR | 0.25 | — |
| CLEMENT JAMES | TREASURER | 0.25 | — |
| MARCOS POPOVICH | CLERK | 0.25 | — |
| ANGELA BROWN | BOARD MEMBER | 0.25 | — |
| BETH CHANDLER | VICE CHAIR | 0.25 | — |
| NANCY B GARDINER | BOARD MEMBER | 0.25 | — |
| JAY KIM | BOARD MEMBER | 0.25 | — |
| AYISHA LEE | BOARD MEMBER | 0.25 | — |
| CHERYL SCHAEFFER | BOARD MEMBER | 0.25 | — |
| MEGHA VADULA | BOARD MEMBER | 0.25 | — |
| ELAINE L NG | CEO | 37.5 | $319,164 |
| NOAH STOCKMAN | CFO | 37.5 | $272,952 |
| LUZ D RIVERA | CHIEF PEOPLE AND CULTURE OFFICER | 37.5 | $199,295 |
| SUSAN G HIBBARD | PROJECT DIRECTOR | 37.5 | $221,208 |
| SHERRI STEWART | PROJECT DIRECTOR | 37.5 | $214,264 |
| SHANNON RUDISILL | PROJECT DIRECTOR | 33.75 | $220,105 |
| FRANCES KUNREUTHER | PROJECT DIRECTOR | 37.5 | $196,827 |
Recent News & Activity
Recent developments and announcements
TSNE has received significant recognition and support:
Awarded a $1 million grant for a new initiative supporting mission-driven organizations
TSNE Awarded $1 Million Grant for New Initiative Supporting ...Received $1.2 million in equity-focused grants from the Barr Foundation
The Barr Foundation Awards TSNE $1.2 Million in Equity-Focused ...Maintains active fiscal sponsorship programs, including Tutors for All, a primary and secondary education program serving underserved students in Boston
Fiscal Sponsorship Archives - TSNESubject Areas
Focus areas based on grantmaking activity
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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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