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Massachusetts · Nonprofit

FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC

FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC (Massachusetts) receives grants from 72 organizations whose IRS filings report $33,719,221 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($16,338,409). 40 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2018
$74M
Funders on record
72
Grants received
$34M
Net assets
$256M
40/72 repeat funderspeak grant-dependency 5%
01What it does

What Foundation of the Massachusetts Eye and Ear Infirmary Inc does

Mission

THE FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, INC. ("THE FOUNDATION") IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSE OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, (THE "INFIRMARY") A TAX EXEMPT MEDICAL AND SURGICAL HOSPITAL WHICH PROVIDES PATIENT CARE, RESEARCH AND EDUCATION IN OPHTHALMOLOGY, OTOLARYNGOLOGY AND RELATED SPECIALTIES. THE FOUNDATION RAISES FUNDS, INVESTS FUNDS AND MAKES GRANTS TO THE INFIRMARY. Effective April 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organized and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission. PART III, Line 3 Effective April 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organized and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated…

As stated on its FY2018 Form 990.

Program

THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSE OF THE MASSACHUSETTS EYE AND EAR INFIRMARY ("THE INFIRMARY"), A TAX-EXEMPT MEDICAL AND SURGICAL HOSPITAL, WHICH PROVIDES PATIENT CARE, RESEARCH AND EDUCATION IN OPHTHALMOLOGY, OTOLARYNGOLOGY AND RELATED SPECIALTIES. THE FOUNDATION RAISES FUNDS, INVESTS FUNDS AND MAKES GRANTS TO THE INFIRMARY. Effective APRIL 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organization and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($41M) Expenses 100 ($27M) Net assets 100 ($216M)2018 Revenue 182 ($74M) Expenses 93 ($25M) Net assets 118 ($256M)
20172018
Revenue (182)Expenses (93)Net assets (118)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $286M to $348M (+22%).

$286M
$348M
20172018
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
ContributionsProgram revenueInvestmentOther

23% of FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).

This organization
Typical peer · 4,745 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$13M
’17
$48M
’18
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20172018
Listed2225
Joined·+4
No longer listed·1
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 15 funders to 31 funders, grant income rose $2.1M → $4.1M.

18 of 72 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 81% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $6.6M from 11 payers (the payer shares this organization's board, largest Mass General Brigham Incorporated & Affiliates Group Return). These are real filings, and they are not money FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC raised.

From the IRS filings of FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC’s funders (the co-funder graph). Top 30 of 72 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC leans on a few funders — its largest provides 48% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC.

48%
largest funder
65%
top three
~4
effective funders

Largest funder’s share by year: 2017 57% · 2018 27% · 2019 48% · 2020 68% · 2021 52% · 2022 40% · 2023 30% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

81% of FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6.5M that is directly attributable, 81% of it comes from funders outside Massachusetts, across 16 states.

ME
WA
ND
MN
IL
NY
MA
PA
NJ
RI
CA
CO
VA
DE
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $27M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC runs a healthier operating margin than three-quarters of the 3,815 health nonprofits its size.

Operating margin66% · top quartile
Months of reserve0.1mo · bottom quartile
Revenue growth (annualized)82% · top quartile

this organization peer median middle 50% of peers· 3,815 health nonprofits $10M–$100M, FY2018

Organizations like FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

19
board members
74%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

63%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 17 states

NH
MN
IL
MI
NY
MA
OH
PA
NJ
CT
RI
CA
MD
NC
SC
GA
FL

Part of a family of 17 related entities

  • Massachusetts Eye & Ear Infirmary · exempt
  • Massachusetts Eye & Ear Associates Inc · exempt
  • Embankment Services Inc · exempt
  • Circle Company Inc · exempt
  • Schepens Eye Research Institute Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC?
FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC (Massachusetts) receives grants from 72 organizations whose IRS filings report $33,719,221 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($16,338,409). 40 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC have?
IRS filings report 72 organizations giving $33,719,221 in grants to FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC, 40 of which have funded it in more than one year.
Who is the largest funder of FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $16,338,409 in grants. The full list of funders is on this page.
How can an organization like FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2018 (financials across 2017–2018), and the filings of 72 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing