Massmutual Foundation Inc
Preselected recipients only
Massmutual Foundation Inc is a private foundation in Springfield, Massachusetts. In tax year 2024 it gave $39.7 million in 5 grants; the typical grant was $896,000 and the largest $21.8 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$39.7 million
- Number of grants5
- Typical grant$896,000
- Largest grant$21.8 million
- Assets$34.3 million
- New grantees40%
Giving in 2024 was up from $9.8 million the year before.
40% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $9.8 million | 104 | $8.6 million |
| 2024 | $39.7 million | 5 | $34.3 million |
How to apply
Massmutual Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
Where it gives
Its grants went to recipients in 3 states, the most to Delaware.
| State | Grants | Amount |
|---|---|---|
| Delaware | 1 | $21.8 million |
| Massachusetts | 3 | $2.4 million |
| Connecticut | 1 | $250,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation | Exempt purpose | $21.8 million |
| University of Massachusetts Amherst Foundation Inc | Exempt purpose | $1.5 million |
| Community Foundation of Western Massachusetts | Exempt purpose | $896,000 |
| Saint Francis Hospital & Medical Center Foundation Inc | Exempt purpose | $250,000 |
| Community United Way of Pioneer Valley Inc | Exempt purpose | $22,658 |
Officers and trustees
- Dennis Duquette
- James Paul Puhala III
- Alison Mathias
- Pablo Cabrera
- Brian Finucane
- Christine Gouine
- Noell Tuesta
- Sherriff Balogun
- Shefali Desai
- Amy Dias
- Joshua Lubas
- Michael Morrissey
- Frances Thomas
- Sucharita Varanasi
- Dorothy Varon
Questions people ask
Does Massmutual Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Massmutual Foundation Inc give?
$39.7 million in tax year 2024, across 5 grants, with a typical grant of $896,000.
Who runs Massmutual Foundation Inc?
Its 2024 filing lists Dennis Duquette (President/Ceo), James Paul Puhala III (Clerk), Alison Mathias (Vice President) and Pablo Cabrera (Treasurer) among 15 officers and trustees.