Woosox Foundation Inc is a private foundation focused on Education, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 77 grants totaling $123K. Net investment income was $41K.
Key facts about Woosox Foundation Inc
- EIN
- 84-4493547
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $123,149
- Grants made (2024)
- 77
- Average grant
- $1,599
- Median grant
- $500
- Total assets
- $1,061,187
- Primary geography
- Massachusetts (91% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Woosox Foundation Inc funds
By grant dollars, the top recipient states for Woosox Foundation Inc's 77 itemized 2024 grants were Massachusetts (91%). The most frequent recipient cities were Worcester, MA (40 grants), Boston, MA (8 grants), Framingham, MA (2 grants) and Southbridge, MA (2 grants). None of its 77 grants with a stated purpose were described as general or operating support. Recurring purposes include "Organization Support" (76 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+0.5% YoY
Annual Giving
$123K
-31.3% YoY
Grant Count
77
+0.0% YoY
Avg Grant Size
$2K
-31.3% YoY
Under IRS private-foundation payout rules, Woosox Foundation Inc reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Woosox Foundation Inc
Based on IRS filings
Woosox Foundation Inc is a private foundation focused on Education, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 77 grants totaling $123K. Net investment income was $41K.
Focus Areas
Ready to take the next step with Woosox Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,061,187 | $1,056,363 | $861,865 |
| Revenue | $501,599 | $859,450 | $769,908 |
| Expenses | $464,618 | $714,008 | $385,859 |
| Qualifying Distributions | $319,547 | $572,343 | $289,191 |
| Net Investment Income | $40,697 | $8,684 | $128 |
| Distributable Amount | $31,113 | $26,327 | $13,283 |
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
233 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Umass Memorial Health ($46,288), Ymca Central Massachusetts ($10,000), Dana-farber Cancer Institute Inc ($6,200).
| Recipient | Purpose | Amount |
|---|---|---|
| UMASS MEMORIAL HEALTH WORCESTER, MA | ORGANIZATION SUPPORT | $46,288 |
| YMCA CENTRAL MASSACHUSETTS WORCESTER, MA | ORGANIZATION SUPPORT | $10,000 |
| DANA-FARBER CANCER INSTITUTE INC BROOKLINE, MA | ORGANIZATION SUPPORT | $6,200 |
| MAKE AN IMPACT FOUNDATION INC DAVIDSON, NC | ORGANIZATION SUPPORT | $5,000 |
| SEVEN HILLS FOUNDATION WORCESTER, MA | ORGANIZATION SUPPORT | $3,800 |
| UNITED WAY OF CENTRAL MASSACHUSETTS INC WORCESTER, MA | ORGANIZATION SUPPORT | $2,500 |
| FONTAINE COMMUNITY FOUNDATION INC WORCESTER, MA | ORGANIZATION SUPPORT | $2,250 |
| ROBERTO CLEMENTE FOUNDATION CORP SAN JUAN, PR | ORGANIZATION SUPPORT | $2,100 |
| BOYS AND GIRLS CLUB OF WORCESTER WORCESTER, MA | ORGANIZATION SUPPORT | $2,000 |
| LATIN AMERICAN BUSINESS ORGANIZATION (LABO) WORCESTER, MA | ORGANIZATION SUPPORT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES STEINBERG | PRESIDENT | 10 | — |
| LARRY LUCCHINO | DIRECTOR (DEC. 4/2/24) | 0.5 | — |
| MIKE TAMBURRO | DIRECTOR | 0.5 | — |
| JACK VERDUCCI | DIRECTOR | 0.5 | — |
| STEVE OLIVEIRA | DIRECTOR (THROUGH 2/15/24) | 0.5 | — |
| KIM MINER | CLERK/DIRECTOR (THROUGH 2/15/24) | 5 | — |
| JOE BRADLEE | DIRECTOR (THROUGH 2/15/24) | 20 | — |
| CHIRAG MITHANI | TREASURER (BEG. 2/15/24) | 1 | — |
| PETER FREUND | DIRECTOR (BEG. 2/15/24) | 0.5 | — |
| JASON EMMETT | TREASURER (TERM. 1/08/24) | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Woosox Foundation Inc?
Woosox Foundation Inc is a private foundation focused on Education, based in WORCESTER, MA. It holds $1.1M in total assets as of 2024.
How large is Woosox Foundation Inc?
As of 2024, Woosox Foundation Inc holds $1.1M in total assets with $502K in annual revenue. It awarded 77 grants totaling $123K in 2024.
Where does Woosox Foundation Inc operate?
Woosox Foundation Inc has awarded grants in California, Florida, Kentucky, Massachusetts, Missouri, North Carolina, New York, Pennsylvania, Pr, Rhode Island.
What size grants does Woosox Foundation Inc award?
In 2024, Woosox Foundation Inc awarded 77 grants totaling $123K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Woosox Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Woosox Foundation Inc reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Woosox Foundation Inc's EIN?
Woosox Foundation Inc's EIN (Employer Identification Number) is 84-4493547. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Woosox Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Greater Worcester Community Foundation
WORCESTER, MA
Assets
$227.4M
Grants
225
Total Given
$7.3M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
United Way of Central Massachusetts Inc
WORCESTER, MA
Assets
$16.4M
Grants
175
Total Given
$9.5M
Berkshire Bank Foundation Inc
PITTSFIELD, MA
Assets
$17.1M
Grants
478
Total Given
$2.0M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Price Chopper's Golub Foundation
SCHENECTADY, NY
Assets
$347K
Grants
277
Total Given
$444K
Webster Five Foundation Inc
AUBURN, MA
Assets
$4K
Grants
1
Total Given
$262K
The Fred Harris Daniels Foundation
WORCESTER, MA
Assets
$16.1M
Grants
65
Total Given
$1.0M
The George I Alden Trust
WORCESTER, MA
Assets
$214.4M
Grants
79
Total Given
$11.5M
Eastern Bank Foundation
LYNN, MA
Assets
$249.7M
Grants
1
Total Given
$14.7M
Stoddard Charitable Trust
WORCESTER, MA
Assets
$43.8M
Grants
1
Total Given
$5.6M
The Fletcher Foundation
WORCESTER, MA
Assets
$30.6M
Grants
66
Total Given
$3.3M
More Funders in Massachusetts
Data last updated April 2026. Sourced from IRS Form 990-PF filings.