Private foundation · EIN 47-4967720 · Springfield, Massachusetts · Philanthropy & grantmaking

Massmutual Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 5 grants paid, $24M total, median $896K. 60% of grants stayed in Massachusetts.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
5
$24M
Median grant
$896K
Stays in MA
60%
of grants
Deadline
—
Assets
$34M

Grants paid in 2024

5 grants, all shown · from Form 990-PF Part XV. Part XV itemizes $24M; Part I reports $40M in contributions paid

RecipientPurposeAmount
American Online Giving FoundationNewark, DEExempt purpose$22M
University of Massachusetts Amherst Foundation IncMemorial Hall, MAExempt purpose$1.5M
Community Foundation of Western MassachusettsSpringfield, MAExempt purpose$896K
Saint Francis Hospital & Medical Center Foundation IncHartford, CTExempt purpose$250K
Community United Way of Pioneer Valley IncSpringfield, MAExempt purpose$23K

By state: Delaware 1 · Massachusetts 3 · Connecticut 1

About this foundation

Massmutual Foundation Inc is a private grantmaking foundation in Springfield, Massachusetts, administered in care of Dennis Duquette, tax-exempt since 2016. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

Foundation websiteAll filings on ProPublica

Does Massmutual Foundation Inc accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Massmutual Foundation Inc give each year?

In tax year 2024 it paid $24M across 5 grants, a median of $896K.

Where does Massmutual Foundation Inc give?

Delaware (1 grants), Massachusetts (3 grants), Connecticut (1 grants), per its latest filing.

More foundations near Springfield that accept applications

All in Massachusetts
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Irene E and George a Davis Foundationsince 2017 Springfield, MA $8.5M1 grants · 2024 $8.5MYes $104M
Gerald & Paul Damour Founders Schlrshps for Acdmc Excll Char Trsince 1994 Springfield, MA $280K393 grants · 2024 $1,000Yes $2.6M
Fidelity Foundationsince 1992 Boston, MA $156M4,430 grants · 2024 $400Yes $4.2B
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