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Massachusetts · Nonprofit

Massachusetts College of Art and Design Foundation Inc

Massachusetts College of Art and Design Foundation Inc (Massachusetts) receives grants from 44 organizations whose IRS filings report $8,724,943 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($5,251,446). 20 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.1M
Funders on record
44
Grants received
$8.7M
Net assets
$23M
20/44 repeat funderspeak grant-dependency 49%
01What it does

What Massachusetts College of Art and Design Foundation Inc does

Mission

To assist in the educational programs, exhibits, awards, and scholarships, for students of massachusetts college of art and design.

As stated on its FY2025 Form 990.

Programs

  1. Provide scholarships and awards to the students of massachusetts college of art and design and funding for educational programs and exhibits.

    $1,893,888 spentof which $1,893,888 as grants
    97% of program spending
  2. Provide funding for the massachusetts college of art and design galleries capital project.

    $60,800 spentof which $60,800 as grants
    3% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,954,688.

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.

100 = 20172017 Revenue 100 ($4.0M) Expenses 100 ($3.8M) Net assets 100 ($16M)2018 Revenue 132 ($5.2M) Expenses 100 ($3.8M) Net assets 111 ($18M)2019 Revenue 97 ($3.8M) Expenses 191 ($7.3M) Net assets 90 ($14M)2020 Revenue 128 ($5.1M) Expenses 98 ($3.7M) Net assets 98 ($16M)2021 Revenue 123 ($4.9M) Expenses 94 ($3.6M) Net assets 115 ($18M)2022 Revenue 103 ($4.1M) Expenses 72 ($2.8M) Net assets 104 ($17M)2023 Revenue 92 ($3.6M) Expenses 77 ($3.0M) Net assets 114 ($18M)2024 Revenue 87 ($3.4M) Expenses 93 ($3.6M) Net assets 126 ($20M)2025 Revenue 104 ($4.1M) Expenses 68 ($2.6M) Net assets 145 ($23M)
'17'18'19'20'21'22'23'24'25
Revenue (104)Expenses (68)Net assets (145)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $18M to $14M (−19%).

$16M
$18M
$14M
$16M
$18M
$17M
$19M
$20M
$23M
'17'18'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$120k
’17
$1.4M
’18
−$3.5M
’19
$1.3M
’20
$1.3M
’21
$1.3M
’22
$678k
’23
−$119k
’24
$1.5M
’25
15
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.

Board chair

Deirdre Nectow

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed302926262624222421
Joined·+4+4+4+3+3+0+7+5
No longer listed·57435258
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 17 funders, grant income rose $449k → $1.8M.

18 of 44 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 69% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Massachusetts College of Art and Design Foundation Inc’s funders (the co-funder graph). Top 30 of 44 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

Massachusetts College of Art and Design Foundation Inc leans on a few funders — its largest provides 60% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

72% 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 Massachusetts College of Art and Design Foundation Inc.

60%
largest funder
80%
top three
~3
effective funders

Largest funder’s share by year: 2017 78% · 2018 89% · 2019 75% · 2020 47% · 2021 48% · 2022 50% · 2023 42% — 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

43% of Massachusetts College of Art and Design Foundation Inc's funders are still giving 3 years after their first grant; 45% 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

69% of Massachusetts College of Art and Design Foundation 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 $2.7M that is directly attributable, 70% of it comes from funders outside Massachusetts, across 9 states.

MN
NY
MA
NV
IA
CT
CA
NC
DC

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. $6.0M 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

Government funding Massachusetts College of Art and Design Foundation Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.3M on record.

Federal$8.3M
grants $8.3Mcontracts $0
17
18
20
21
Top agencies
  • Department of Education$8.2M
  • National Endowment for the Humanities$25k
  • National Endowment for the Arts$20k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Massachusetts College of Art and Design Foundation 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

75% of spending goes to programs.

Program 75%Management 10%Fundraising 15%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

82%

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

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • massachusetts college of art and design · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Massachusetts College of Art and Design Foundation 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 Massachusetts College of Art and Design Foundation Inc?
Massachusetts College of Art and Design Foundation Inc (Massachusetts) receives grants from 44 organizations whose IRS filings report $8,724,943 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($5,251,446). 20 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Massachusetts College of Art and Design Foundation Inc have?
IRS filings report 44 organizations giving $8,724,943 in grants to Massachusetts College of Art and Design Foundation Inc, 20 of which have funded it in more than one year.
Who is the largest funder of Massachusetts College of Art and Design Foundation Inc?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $5,251,446 in grants. The full list of funders is on this page.
How can an organization like Massachusetts College of Art and Design Foundation 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 FY2025 (financials across 2017–2025), and the filings of 44 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 14, 2026. What this page cannot tell you · view filing