Xeric Foundation

NORTHAMPTON, MA EIN: 22-3149258

The Xeric Foundation is a private, non-profit 501(c)(3) corporation based in Northampton, Massachusetts. Established in 1992 by Peter A. Laird, co-creator of the Teenage Mutant Ninja Turtles, the foundation operates as a dual-purpose organization supporting both self-publishing comic book creators and qualified charitable and nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

+1.8% YoY

Annual Giving

$235K

-11.0% YoY

Grant Count

15

-37.5% YoY

Avg Grant Size

$16K

+42.4% YoY

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

Mission & Focus Areas

The foundation describes itself as "actually two foundations in one." One half provides grants for self-publishing comic book creators in the United States and Canada who work in alternative or non-mainstream comic book genres. The foundation prioritizes work that would not likely be picked up by major publishers, supporting "art for art's sake" comics and helping launch the careers of literary cartoonists.

The other half supports qualified charitable and nonprofit organizations in western Massachusetts (area code 413) for unique projects or services. Funding interests include education, philanthropy, voluntarism and grantmaking, human services, churches, student clubs, food pantries, animal shelters, private schools, and youth development.

Grantmaking

The foundation operates on a preselected basis only, meaning it makes contributions to preselected charitable organizations rather than accepting unsolicited applications.

Average Grant

$10,000–$11,578

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts and Maine, which account for the majority of grants. Grantmaking also reaches organizations in Vermont, New York, California, Texas, Florida, Illinois, New Hampshire, and New Jersey, with reach across at least seven states.

Grant Distribution by State

11states
+3 more states

Cities

AmherstAshfieldAuburnBaltimoreBooneBostonColchesterConcordDurhamEasthamptonEwingFlorenceHatfieldNew BrunswickNew YorkNewtonNorthamptonNorthhamptonPasadenaPortland

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $3,882,209
  • Total Revenue: $312,588
  • Total Expenses: $244,852
  • Total Liabilities: $0
  • Total Giving: $237,661

Historical Growth: Total assets have grown from $2.8 million in 2010 to $3.8 million in 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$133K$265K$398K$530K20202021202220232024
Metric202420232022
Total Assets$3,882,209$3,814,473$3,754,697
Revenue$312,588$336,402$482,033
Expenses$244,852$276,626$249,936
Qualifying Distributions$237,661$266,140$244,595
Net Investment Income$305,397$325,916$476,692
Distributable Amount$268,717$252,195$270,821

Giving Over Time

Total grant dollars and number of grants per year

$0$72K$145K$217K$289K19 grants202024 grants202125 grants202224 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE ERIC CARLE MUSEUM OF…$35KMAINE MEDICAL CENTER$25KPLANNED PARENTHOOD OF NO…$25KCOOLEY DICKINSON HOSPITAL$20KMUSEUM OF FINE ARTS$20KPORTLAND MUSEUM OF ART$20KWILLISTON NORTHAMPTON SC…$20KAMERICAN CIVIL LIBERTIES…$15KUMASS ENGLISH DEPARTMENT$15KANIMAL REFUGE LEAGUE OF …$10K

Grant Size Distribution

107 grants across all recorded years

107<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Peter A. Laird – President (2 hours/week, unpaid)
  • Christopher B. Milne – Vice President (2 hours/week, unpaid) and Secretary/Treasurer (1 hour/week, unpaid)
  • Jeannine Atkins – Executive Vice-President

The foundation operates with limited staffing and is governed by a small board of officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PETER A LAIRDPRESIDENT2
CHRISTOPHER B MILNEVICE PRESIDENT2
CHRISTOPHER B MILNESECRETARY/TREASURER1
JEANNINE ATKINSEXECUTIVE VICE-PRESIDENT

Contact Information

  • Address: 351 Pleasant Street PMB 214, Northampton, MA 01060
  • Phone: (413) 585-0671
  • Website: www.xericfoundation.org

Related Funders

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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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