Funder DirectoryThe Hanover Insurance Group Foundation Inc
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Private foundation (trust)EIN 043105650Est. 1991-04

The Hanover Insurance Group Foundation Inc

Worcester, MA 01653

Total Assets

$2.8M

FY 2024

Annual Giving

$1.6M

FY 2024

Grants Made

15

FY 2024

Avg Grant

$106K

FY 2024

Grant Range

$25K–$682K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$587K

Total Expenses

$1.6M

Qualifying Distributions

$1.6M

Distributable Amount

$155K

Min. Investment Return

$158K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

15 grants

Grant sizes from minimum $25K through median $50K to maximum $682K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $1.6M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

202 grants

Other - Information Available in Taxpayer's Office
$1.1M
2 grants
United Way of Central MA
$942K
3 grants
United Way of Central Massachusetts
$538K
2 grants
Contributions Less Than 10000
$451K
1 grant
Scholarship America
$432K
5 grants
Contribution Less Than 10000
$425K
1 grant
United Way Of Livingston County
$279K
5 grants
Worcester Education Collaborative
$235K
5 grants

Grant Size Distribution

202 grants

<$10K
92
grants
$10–50K
79
grants
$50–250K
25
grants
$250K–1M
6
grants
$1–5M
$5M+

Geographic Focus

14 states

Massachusetts
$6.3M
82% of total
Michigan
$1.2M
15% of total
Minnesota
$98K
1% of total
California
$71K
1% of total
New York
$29K
0% of total
Maryland
$14K
0% of total
District of Columbia
$12K
0% of total
Virginia
$5K
0% of total
Texas
$5K
0% of total
Missouri
$5K
0% of total

+4 more states

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The Hanover Insurance Group Foundation Inc — Grants, Financials & Contact | Grantivo