NonprofitsWorcester State Foundation Inc

Education

Worcester State Foundation Inc

WORCESTER, MA

Total revenue

$3.3M

Total expenses

$2.8M

Net assets

$52.1M

Grants received

$3.0M

109 grants

EIN

223248067

Tax year

2023

Mission

The corporation is operated for the purpose of rendering financial aid to prospective and current students of worcester state university; to promote and support the educational and other legal activities for the benefit of worcester state university and its constituency.

Programs

1 program

Scholarships: transfer of funds to worcester state university for scholarships and awards awarded to students.

Expenses: $1.1MGrants: $1.1M

Financials

FY 2023

Revenue

Contributions & grants$2.6M
Program service revenue
Investment income$543K
Other revenue$164K
Total revenue$3.3M

Expenses

Grants paid$2.7M
Salaries & benefits
Fundraising
Other expenses$100K
Total expenses$2.8M
Total assets$54.2M
Net assets$52.1M

People

48 listed

NameRoleCompensation

KIMBERLY SALMON

DIRECTOR

Board

2 hrs/wk

DIANA AISIKU

DIRECTOR

Board

2 hrs/wk

CRAIG A BOVAIRD

DIRECTOR

Board

2 hrs/wk

ANN L DEBAISIO

IMMEDIATE PAST CHAIR

Board

2 hrs/wk

KEVIN T CAMPBELL

CHAIR

Board

2 hrs/wk

MARYBETH CAMPBELL

DIRECTOR

Board

2 hrs/wk

EDWARD L SHERR

TREASURER

Board

2 hrs/wk

THOMAS M MCNAMARA

PRESIDENT/CLERK

Board

2 hrs/wk

JOHN R BUCKLEY III

DIRECTOR

Board

2 hrs/wk

GRETA BAJRAMI CAMPOVERDE

DIRECTOR

Board

2 hrs/wk

DAVID E BEDARD

DIRECTOR

Board

2 hrs/wk

JOHN P BRISSETTE

DIRECTOR

Board

2 hrs/wk

MARY BURKE FALLON

DIRECTOR

Board

2 hrs/wk

DANIEL F FIGUEIREDO

DIRECTOR

Board

2 hrs/wk

GEOVANNA I DIAZ

DIRECTOR

Board

2 hrs/wk

ALLEN J FALKE

DIRECTOR

Board

2 hrs/wk

JENNIFER BEATON

DIRECTOR

Board

2 hrs/wk

MARYANNE M HAMMOND

DIRECTOR

Board

2 hrs/wk

WARREN D HAYDEN

DIRECTOR

Board

2 hrs/wk

ALAN I GORDON

DIRECTOR

Board

2 hrs/wk

DEREK CANTON

DIRECTOR

Board

2 hrs/wk

SANDRA HUBBARD

DIRECTOR

Board

2 hrs/wk

HELDER MACHADO

DIRECTOR

Board

2 hrs/wk

DOROTHY J MANNING

DIRECTOR

Board

2 hrs/wk

ROSANNE MATULAITIS

DIRECTOR

Board

2 hrs/wk

MICHAEL J MILLS

DIRECTOR

Board

2 hrs/wk

SATYA MITRA

VICE-CHAIR

Board

2 hrs/wk

ROBERT MORTON

DIRECTOR

Board

2 hrs/wk

SUZANNE NEBELUNG

DIRECTOR

Board

2 hrs/wk

ALAN O OSMOWLOWSKI

DIRECTOR

Board

2 hrs/wk

ROBIN J QUILL

ASSISTANT TREASURER

Board

2 hrs/wk

GREGG H ROSEN

DIRECTOR

Board

2 hrs/wk

SHAREN C SHIPLEY

DIRECTOR

Board

2 hrs/wk

ROBERT J SPAIN

DIRECTOR

Board

2 hrs/wk

PETER J STAITI

DIRECTOR

Board

2 hrs/wk

GEORGE W TETLER III

DIRECTOR

Board

2 hrs/wk

RANDAL D WEBBER

DIRECTOR

Board

2 hrs/wk

CATHERYN M MCEVOY

DIRECTOR

Board

2 hrs/wk

JAMES GLICKMAN

VICE-CHAIR

Board

2 hrs/wk

ANDREW NGO

DIRECTOR

Board

2 hrs/wk

SETH PITTS

DIRECTOR

Board

2 hrs/wk

DINA NICHOLS

DIRECTOR

Board

2 hrs/wk

OMOZUANVBO AISIKU

DIRECTOR

Board

2 hrs/wk

THERESA M DORSEY-POTTS

DIRECTOR

Board

2 hrs/wk

ELIZABETH N GILGUN

DIRECTOR

Board

2 hrs/wk

KYRAM POU

DIRECTOR

Board

2 hrs/wk

MAUREEN F POWER

DIRECTOR

Board

2 hrs/wk

ADI TIBREWAL

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 109 of 109

FromAmountPurposeYear
$330K
TECHNOLOGY & EQUIPMENT
2024
$25K
GENERAL SUPPORT
2024
$25K
Charitable Contribution
2024
$20K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
GENERAL OPERATING PURPOSE
2024
$5K
COMMUNITY
2024
$2K
GENERAL OPERATING PURPOSE
2024
$1K
GENERAL OPERATING PURPOSE
2024
$102K
PARTNERSHIPS, COALITIONS AND MOVEMENTS
2023
$49K
For grant recipient's exempt purposes
2023
$15K
GENERAL OPERATING
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
GENERAL OPERATING PURPOSE
2023
$10K
Sharen Cutting Shipley Scholarship Fund
2023
$6K
EXEMPT PURPOSE
2023
$3K
GENERAL OPERATING PURPOSE
2023
$2K
IN MEMORY OF NICK PENNUCCI SR.
2023
$1K
OTHER CIVIC / COMMUNITY
2023
$1K
GENERAL SUPPORT
2023
$500
OTHER CIVIC / COMMUNITY
2023
$250
PROGRAM SUPPORT
2023
$200
GENERAL OPERATING PURPOSE
2023
$100
OTHER CIVIC / COMMUNITY
2023
$75
OTHER CIVIC / COMMUNITY
2023
$600K
PROGRAM DEVELOPMENT/EVALUATION
2022
$100K
SUPPORTING AND GROWING YOUTH VOICE
2022
$77K
For grant recipient's exempt purposes
2022
$18K
GENERAL OPERATING PURPOSE
2022
$15K
LATINO EDUCATION INSTITUTE (LEI)'S ONE CIRCLE: ENGAGING MIDDLE SCHOOL GIRLS IN IDENTITY, CULTURE, AND WELLNESS PROGRAM
2022
$12K
INFLATION OPERATING SUPPORT
2022
$10K
GENERAL OPERATING
2022
$7K
GENERAL SUPPORT
2022
$6K
PROGRAM SUPPORT
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
IN MEMORY OF NICK PENNUCCI SR.
2022
$1K
MATCHING GIFTS
2022
$1K
MIP PAYOUT FOR 10/03/22
2022
$1K
MATCHING GIFTS TO EDUCATION
2022
$1K
MATCHING GIFTS
2022
$500
MIP PAYOUT FOR 05/04/2022
2022
$250
PROGRAM SUPPORT
2022
$200
MATCHING GIFTS TO EDUCATION
2022
$100
MIP PAYOUT FOR 12/02/22
2022
$100
MIP PAYOUT FOR 12/03/21
2022
$75
MIP PAYOUT FOR 07/05/2022
2022
$174K
For grant recipient's exempt purposes
2021
$174K
For grant recipient's exempt purposes
2021
$10K
GENERAL OPERATING
2021
$10K
PROGRAM SUPPORT
2021
$2K
PROVIDE COMMUNITY HEALTH SERVICES
2021
$80K
RECOVERY SUPPORT FOR THE LATINO EDUCATION INSTITUTE (LEI)
2020
$73K
For grant recipient's exempt purposes
2020
$53K
LATINO EDUCATION INSTITUTE (LEI) AT WORCESTER STATE UNIVERSITY (WSU): OPERATING SUPPORT
2020
$50K
2021 OPERATING SUPPORT
2020
$47K
ADDITIONAL OPERATING SUPPORT
2020
$40K
ENLACE (ENCOURAGING LATINOS TO ACHIEVE EXCELLENCE) PROGRAM
2020
$25K
WORCESTER TOGETHER LATINO WORKING GROUP (C/O WSU/LEI)
2020
$25K
LEI AT WSU: COVID-19 COMMUNITY RESPONSE PROJECT
2020
$23K
CAMPAIGN FOR CRITICAL NEEDS
2020
$11K
GENERAL OPERATING PURPOSE
2020
$10K
LATINOS INVOLVED IN DISCOVERING EDUC
2020
$10K
13. Support our COVID19 testing, education and outreach program at Worcester State University
2020
$8K
GENERAL OPERATING
2020
$8K
OPERATING SUPPORT
2020
$5K
SUPPORT FOR THE NEW ADDICTIONS COUNSELING INTERDISCIPLINARY MINOR AND CERTIFICATE PROGRAMS
2020
$1K
MATCHING GIFTS
2020
$1K
Scholarship
2020
$713
GENERAL PURPOSE
2020
$500
EXEMPT PURPOSE
2020
$200
EMPLOYEE MATCHING GRANT
2020
$50
GENERAL PURPOSE
2020
$126K
For grant recipient's exempt purposes
2019
$25K
EARLY CONNECTIONS PROGRAM
2019
$20K
Emergency Support
2019
$15K
ENLACE (ENCOURAGING LATINOS TO ACHIEVE EXCELLENCE) PROGRAM
2019
$9K
PROGRAM SUPPORT
2019
$5K
TRAVEL ASSISTANCE FOR PROFESSOR JOHN TAHILIANI
2019
$3K
SCHOLARSHIPS FOR ADULT OR TRADITIONAL NURSING STUDENTS
2019
$2K
HOUSING AND GENTRIFICATION IN WORCESTER: A PARTICIPATORY NEEDS ASSESSMENT
2019
$1K
SCHOLARSHIPS FOR NURSING STUDENTS
2019
$1K
ADOPT A SCHOLAR PROGRAM
2019
$1K
NURSING SCHOLARSHIP
2019
$250
UNRESTRICTED
2019
$78K
For grant recipient's exempt purposes
2018
$520
Matching Grant
2018
$75K
ENHANCING STEM TEACHING AND LEARNING
2017
$15K
TO PROVIDE RESEARCH & NETWORKING SUPPORT ON OPPORTUNITY GAPS FOR LATINO STUDENTS
2017
$10K
HUMANITIES PROJECT
2017
$8K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$3.0M from 44 funders · 109 grants · 2017–2024

Fidelity Non-Profit Management

$930K · 2 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$757K · 8 grants · 2017–2023

Greater Worcester Community Foundation

$398K · 17 grants · 2019–2024

Nellie Mae Education Foundation Inc

$364K · 6 grants · 2020–2023

The Fred Harris Daniels Foundation

$75K · 1 grant · 2017

United Way Of Central Massachusetts Inc

$74K · 4 grants · 2018–2019

Mutual Of America Foundation

$49K · 8 grants · 2020–2024

Corcoran Family Foundation

$43K · 4 grants · 2020–2023

Details

EIN223248067
NTEE codeB820
Subsection03
Ruling date1993-12
Formed1994
Employees0
Volunteers349
WORCESTER STATE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo