THE MISSION OF THE UNIVERSITY OF MASSACHUSETTS FOUNDATION, INC. IS TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS AS STATED IN THE ORIGINAL 1950 ARTICLES OF ORGANIZATION. THE FOUNDATION RECEIVES, INVESTS AND DISBURSES PRIVATE & PUBLIC GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS AND ITS EDUCATIONAL MISSION.
Key facts about University of Massachusetts
- EIN
- 04-6013152
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $32,206,481
- Grants made (2025)
- 2
- Average grant
- $16,103,241
- Median grant
- $16,103,241
- Total assets
- $2,798,247,960
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How University of Massachusetts gives
- Giving grew 67% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with University of Massachusetts
- How to evaluate University of Massachusetts as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to University of Massachusetts with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.8B
+112.8% YoY
Annual Giving
$32.2M
+20.6% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$16.1M
+20.6% YoY
About University of Massachusetts
Based on IRS filings
University of Massachusetts is a nonprofit organization focused on Education, based in Newton, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.8B in total assets. In 2025, it awarded 2 grants totaling $32.2M. Net investment income was $77.0M.
Focus Areas
Ready to take the next step with University of Massachusetts?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,798,247,960 | $1,315,154,794 | $1,147,511,717 |
| Revenue | $172,508,463 | $102,206,758 | $113,438,486 |
| Expenses | $52,686,406 | $46,122,528 | $46,052,746 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $77,046,575 | $36,512,266 | $27,535,735 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 15, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include University of Massachusetts ($32,148,135), Berkshire Health Systems Inc ($58,346).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MASSACHUSETTS Boston, MA | SEE PART IV | $32,148,135 |
| BERKSHIRE HEALTH SYSTEMS INC Pittsfield, MA | TO SUPPORT MEDICAL EDUCATION AT BERKSHIRE MEDCIAL CENTER | $58,346 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert J Manning | Director/Chair | 1 | — |
| Victor Woolridge | Director/Treasurer | 1 | — |
| Maria D Furman | Director/Secretary | 1 | — |
| Nathan P Chesley | Director | 1 | — |
| Jose J Cortez | Director | 1 | — |
| Katherine P Craven | Director | 1 | — |
| Edward H D'Alelio | Director | 1 | — |
| Jose F Demedeiros | Director | 1 | — |
| Daniel E Feder | Director | 1 | — |
| Grace K Fey | Director | 1 | — |
| Warren J Isabelle | Director | 1 | — |
| Philip W Johnston | Director (Until 4/25) | 1 | — |
| R Norman Peters Esq | Director | 1 | — |
| Paul T Quistberg | Director | 1 | — |
| Robert R Reitano | Director | 1 | — |
| Suzanne L Stefany | Director | 1 | — |
| James R Julian Jr | Chief Executive Officer | 40 | $1,014,591 |
| Barry Morrison | Chief Financial Officer | 40 | $404,666 |
| Paul Dawley | General Counsel | 40 | $355,810 |
| Jonathan Gibbons | Chief Investment Officer | 40 | $1,469,690 |
| Katherine D Targett | Chief Digital Information Officer | 40 | $248,215 |
| Geoffrey Bowes | Managing Director, Investment Team | 40 | $563,826 |
| Derek Wade | Director of Investment Operations | 40 | $312,757 |
| Hsungwen Chang | Director of Investment (Until 9/25) | 40 | $292,734 |
| Qing Wan | Controller | 40 | $193,106 |
| William K Chase | Sr. Dir. of It Infrastructer & Security | 40 | $190,305 |
| Theresa Curry | VP for Dev & Ce (Until 1/25) | 40 | $180,963 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is University of Massachusetts?
University of Massachusetts is a nonprofit organization focused on Education, based in Newton, MA. It holds $2.8B in total assets as of 2025.
How large is University of Massachusetts?
As of 2025, University of Massachusetts holds $2.8B in total assets with $172.5M in annual revenue. It awarded 2 grants totaling $32.2M in 2025.
Where does University of Massachusetts operate?
University of Massachusetts has awarded grants in Massachusetts.
What size grants does University of Massachusetts award?
In 2025, University of Massachusetts awarded 2 grants totaling $32.2M — an average of about $16.1M per grant, based on its IRS Form 990 filings.
What is University of Massachusetts's EIN?
University of Massachusetts's EIN (Employer Identification Number) is 04-6013152. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
Browse active grant opportunities in University of Massachusetts's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Sea Breeze Foundation-Tr
Pittsburgh, PA
Assets
$2.2M
Grants
16
Total Given
$120K
O'Brion Frank Trust Uw
Brooklyn, OH
Assets
—
Grants
5
Total Given
$43K
Ewing Marion Kauffman Foundation
Kansas City, MO
Assets
—
Grants
364
Total Given
$95.0M
Trustees of Tufts College
Medford, MA
Assets
$4.9B
Grants
139
Total Given
$26.6M
Cystic Fibrosis Foundation
Bethesda, MD
Assets
$5.0B
Grants
624
Total Given
$189.6M
President and Fellows of Harvard College
Cambridge, MA
Assets
$79.9B
Grants
352
Total Given
$273.3M
Atkins Grace Uw FBO Charities
Brooklyn, OH
Assets
—
Grants
16
Total Given
$97K
Hellenic Women's Club Inc
Brookline, MA
Assets
$393K
Grants
6
Total Given
$74K
The Morningside Foundation
Newton Centre, MA
Assets
$23.1M
Grants
12
Total Given
$5.3M
Cflibotte LVNG Tr Memorial Scholars CX7633
Raynham, MA
Assets
$74K
Grants
1
Total Given
$2K
Lehigh University
Bethlehem, PA
Assets
$3.5B
Grants
48
Total Given
$8.9M
Metrowest Health Foundation Inc
Framingham, MA
Assets
—
Grants
208
Total Given
$4.1M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings.