NonprofitsCommonwealth Corporation Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Commonwealth Corporation Foundation

BOSTON, MA

Total revenue

$449K

Total expenses

$449K

Net assets

$1.3M

Grants received

$2.0M

7 grants

EIN

273112781

Tax year

2023

Mission

The foundation, a massachusetts corporation, was created during the year ended june 30, 2010, to support and further the charitable and educational purpose of the commonwealth corporation.

Financials

FY 2023

Revenue

Contributions & grants$449K
Program service revenue
Investment income
Other revenue
Total revenue$449K

Expenses

Grants paid$108K
Salaries & benefits$46K
Fundraising
Other expenses$294K
Total expenses$449K
Total assets$1.6M
Net assets$1.3M

People

12 listed

NameRoleCompensation

CHARLES OCITTI

TREASURER (UNTIL 5/24)

Board

1 hrs/wk

CHRISTINE ABRAMS

PRESIDENT/CEO (UNTIL 4/23)

Board

1 hrs/wk

ALANNA MALLON

PRESIDENT/EXECUTIVE DIRECTOR

Board

1 hrs/wk

LAUREN JONES

CHAIR (UNTIL 1/24)/TRUSTEE

Board

1 hrs/wk

MOLLY JACOBSON

CHAIR (AS OF 1/24)

Board

1 hrs/wk

ROBERT DAME

VICE CHAIR (UNTIL 1/24)/CLERK

Board

1 hrs/wk

ENNA JIMENEZ

TREASURER (AS OF 5/24)

Board

1 hrs/wk

MARY JO MEISNER

CLERK (UNTIL 1/24)

Board

1 hrs/wk

NATALIA HILTON

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER SCRANTON

TRUSTEE

Board

1 hrs/wk

SANJEEZ YADAV

TRUSTEE

Board

1 hrs/wk

PETER DESILVA

TRUSTEE (UNTIL 10/23)

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$150K
Skills development
2024
$150K
Operating Support/Annual Fund
2023
$25K
For grant recipient's exempt purposes
2023
$200
General & Unrestricted
2023
$250K
BEHAVIORAL HEALTH PARTNERSHIP EXPANSION
2021
$1.4M
General & Unrestricted
2020
$50K
Economic Development
2017

Funded by

$2.0M from 6 funders · 7 grants · 2017–2024

IKEA US Community Foundation

$1.4M · 1 grant · 2020

Rize Massachusetts Foundation Inc

$250K · 1 grant · 2021

Boston Foundation Inc

$200K · 2 grants · 2017–2023

GE Vernova Foundation I

$150K · 1 grant · 2024

K2N2 Family Foundation

$200 · 1 grant · 2023

Details

EIN273112781
NTEE codeT11
Subsection03
Ruling date2011-07
Formed2010
Employees0
Volunteers9
COMMONWEALTH CORPORATION FOUNDATION — Mission, Financials & Grants Received | Grantivo