Third Sector New England Inc logo

Third Sector New England Inc

BOSTON, MA EIN: 04-2261109 Website

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

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

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

38states
+30 more states

Cities

AlbanyAlbuquerqueAllentownAnn ArborAshawayAthensAtlantaAuroraBaltimoreBellevueBellinghamBerkeleyBloomingtonBostonBraintreeBrightonBristolBrocktonBrunswickBurlington

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$49M$73M$97M20202021202220232024
Metric202420232022
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

$0$3M$6M$9M$12M55 grants202046 grants202188 grants202257 grants2023103 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

STATE OF COLORADO DEPART…$1.2MDISTRICT OF COLUMBIA GOV…$1.1MPOLICY INSTITUTE FOR CHI…$939KEARLY CHILDHOOD FUNDERS …$749KUNIVERSITY OF MARYLAND B…$452KTHE BOARD OF REGENTS OF …$368KUNIVERSITY OF HAWAII$315KSALISH KOOTENAI COLLEGE …$289KCOALITION FOR SOCIAL JUS…$281KFOR PROVIDERS BY PROVIDE…$238K

Grant Size Distribution

246 grants across all recorded years

90<$50K34$50–100K86$100–250K26$250–500K5$500K–1M5$1–5M$5M+

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

ELAINE L NGCEO$319KNOAH STOCKMANCFO$273KSUSAN G HIBBARDPROJECT DIRECTOR$221KSHANNON RUDISILLPROJECT DIRECTOR$220KSHERRI STEWARTPROJECT DIRECTOR$214KLUZ D RIVERACHIEF PEOPLE AND CULTURE OFF…$199KFRANCES KUNREUTHERPROJECT DIRECTOR$197K

From 2024 filing

NameTitleHoursCompensation
JAYE Y SMITHCHAIR0.25
CLEMENT JAMESTREASURER0.25
MARCOS POPOVICHCLERK0.25
ANGELA BROWNBOARD MEMBER0.25
BETH CHANDLERVICE CHAIR0.25
NANCY B GARDINERBOARD MEMBER0.25
JAY KIMBOARD MEMBER0.25
AYISHA LEEBOARD MEMBER0.25
CHERYL SCHAEFFERBOARD MEMBER0.25
MEGHA VADULABOARD MEMBER0.25
ELAINE L NGCEO37.5$319,164
NOAH STOCKMANCFO37.5$272,952
LUZ D RIVERACHIEF PEOPLE AND CULTURE OFFICER37.5$199,295
SUSAN G HIBBARDPROJECT DIRECTOR37.5$221,208
SHERRI STEWARTPROJECT DIRECTOR37.5$214,264
SHANNON RUDISILLPROJECT DIRECTOR33.75$220,105
FRANCES KUNREUTHERPROJECT DIRECTOR37.5$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 - TSNE

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.

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