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· Private foundation

Cerullo Family Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$680k
Granted FY2024still arriving
4
Grants FY2024still arriving
3
States reached
$250k
Largest
01What it funds
0190% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$3.1MHousing & Shelter$400kFood & Nutrition$50kHealth$41kOther$0
02FY2024 · 4 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $50k–250k3 grants · $430k
  • $250k+1 grant · $250k
$230,000
Median grant
3
States reached
$12M
Total assets
Largest grants
RecipientAmount
City Year Inc$250,000
Boston College$230,000
Gather$100,000
Cross Roads House Inc$100,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–20, $50k) land where the poverty rate runs at 5%, against an area that typically sits at 12%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 12%Gather: $50k → 5%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

96%of every dollar goes to organizations it has funded before.
$3.7M · 6 repeat orgs$168k to everyone else

Grantees it renews have grown median revenue +70% since the first grant, against +36% for those funded once.

6 repeat relationships: 4 still active in FY2024, 2 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

6
4

Total granted

$3.7M
$168k

Median revenue growth · since first grant

+70%
+36%

Still filing today

83%
75%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
EducationHealthHousing & ShelterHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TRUSTEES OF BOSTON COLLEGE
    8× · 2017–2024 · $1.8M · revenue +70%
  • CITY YEAR INC
    8× · 2017–2024 · $1.3M · revenue +15%
  • CR
    Cross Roads House Inc
    5× · 2020–2024 · $400k · revenue +70%

Funded once

  • S
    Sather
    one grant, 2022 · $100k
  • G
    Gathergraduated
    one grant, 2020 · $50k · revenue +181%
  • NP
    NEWBURY PUBLIC LIBRARY FOUNDATION OF NEW HAMPSHIRE
    one grant, 2021 · $10k · revenue -14%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Beth Israel Lahey Health Primary Care

Beth israel lahey health primary care (bilhpc) is a network of community based physicians affiliated with the beth israel lahey health (bilh) network and serving the patients and communities served by the lahey clinic hospital (lahey…

—
2
Northeast Hospital Corporation

Centering on a concept and continuum of care that embraces the health, well-being and dignity of each patient, regardless of their ability to pay, northeast hospital corporation (nhc) has four facilities, beverly hospital, addison gilbert…

Health
3
New England Baptist Hospital

The mission of the new england baptist hospital (nebh or hospital) is committed to improving the health of the communities served by providing high quality, personalized health care with compassion, dignity and respect for patient rights…

Health
4
Beth Israel Deaconess Hospital-Plymouth Inc

The mission of the beth israel deaconess hospital-plymouth, inc. (bid-plymouth or hospital) is to improve the health and well-being of its patients and communities by providing a full continuum of healthcare services with excellence and…

Health
5
Winchester Hospital

The mission of winchester hospital is "to care. to heal. to excel." this ethos provides each and every staff member with clear expectations, promoting teamwork and respect while ensuring safety, quality and empathy for patients. winchester…

Health
6
Mount Auburn Hospital

The mission of new england baptist hospital (nebh or hospital) is the operation and maintenance of an acute care, orthopedic specialty hospital and provision of all services related thereto for the benefit of patients. nebh strives to…

Health
7
Anna Jaques Hospital Inc

The mission of anna jaques hospital (ajh or hospital) is to provide the highest quality medical care and improve the health of the communities served by ajh in alliance with the ajh medical staff and ajh affiliates including seacoast…

Health
8
Beth Israel Lahey Health Specialty Care F/K/a Northeast Medical Practice

Beth israel lahey health specialty care f/k/a northeast medical practice (bilhsc fka nmp) primary mission is to provide high quality medical care to the patients of northeast hospital corporation (beverly hospital, addison gilbert hospital…

Health
9
Medical Care of Boston Management Corp

Medical care of boston management corp d/b/a beth israel lahey health primary care a/k/a affiliated physicians group (bilhpc) is a network of community based physicians affiliated with beth israel lahey health (bilh) and its hospitals…

Health
10
Lahey Clinic Inc

Lahey clinic (lc) provides the highest quality interdisciplinary and coordinated patient care leading to the best possible outcomes and experiences for every patient, advancing medicine through research and educating tomorrow's health care…

Health
11
Lahey Clinic Foundation Inc

The lahey clinic foundation, inc. (lcf) serves as the sole member and supports the lahey clinic (lc) and lahey clinic hospital d/b/a lahey hospital & medical center (lhmc), enabling lhmc and lc to provide superior health care leading to…

Health
12
Beth Israel Deaconess Hospital - Milton

The mission of the beth israel deaconess hospital-milton, inc. (bid-milton or hospital) is to provide safe, high-quality, community-based health care and access to tertiary care in close collaboration with its sister hospital, beth israel…

Health
How this is measured
The grantee most central to the portfolio’s shape is Exeter Hospital Inc; the most unlike its peers is Newbury Public Library Foundation of New Hampshire. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

8 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 8 of the 10 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
8/8
Grantees still filing
7/8
Grew since first funded

Where the money sits, by cause and then by grantee

TRUSTEES OF BOSTON COLLEGE: $1,766,000 · EducationTRUSTEES OF BOSTON COLLEGEBROOKLYN JESUIT PREP: $100,000 · Education+1 more: $10,000 · EducationCITY YEAR INC: $1,250,000 · OtherCITY YEAR INCGather: $200,000 · OtherGatherSather: $100,000 · OtherSatherCross Roads House Inc: $400,000 · Housing & ShelterCross Roads…Gather: $50,000 · Human ServicesEXETER HOSPITAL INC: $33,000 · HealthCORE PHYSICIANS LLC: $8,000 · Health
Education$1,876,000Other$1,550,000Housing & Shelter$400,000Human Services$50,000Health$41,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTRUSTEES OF BOSTON COLLEGE: $1,766,000 over 8y, 0.0% of budgetCITY YEAR INC: $1,250,000 over 8y, 0.2% of budgetCross Roads House Inc: $400,000 over 5y, 2.8% of budgetBROOKLYN JESUIT PREP: $100,000 over 2y, 4.4% of budgetGather: $50,000 over 1y, 1.3% of budgetEXETER HOSPITAL INC: $33,000 over 2y, 0.0% of budgetNEWBURY PUBLIC LIBRARY FOUNDATION OF NEW HAMPSHIRE: $10,000 over 1y, 9.5% of budgetCORE PHYSICIANS LLC: $8,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds TRUSTEES OF BOSTON COLLEGE ↗
  • Who funds CITY YEAR INC ↗
  • Who funds Cross Roads House Inc ↗
  • Who funds BROOKLYN JESUIT PREP ↗
  • Who funds Gather ↗
  • Who funds EXETER HOSPITAL INC ↗
  • Who funds NEWBURY PUBLIC LIBRARY FOUNDATION OF NEW HAMPSHIRE ↗
  • Who funds CORE PHYSICIANS LLC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Eastern Bank FoundationMA13.2× affinity4 shared granteesties to 3 of 3Hover any node to trace its alignments.Compare side by side →

Open a dossier: Eastern Bank Foundation · Morgan Stanley Global Impact Funding Trust Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Cerullo Family Foundation funds: left to right is the share of its income from government, bottom to top the share from Cerullo Family Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%6%13%19%25%share of the org’s income from government →median 3%
  • City Year Inc: 11% of income from government
  • Trustees of Boston College: 3% of income from government
  • Exeter Hospital Inc: 0% of income from government
  • Core Physicians Llc: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
2report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–25%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 10 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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