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Massachusetts · Nonprofit

MASSACHUSETTS VETERANS FOUNDATION INC

MASSACHUSETTS VETERANS FOUNDATION INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $38,062 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($36,975). 2 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$382k
Funders on record
4
Grants received
$38k
Net assets
$913k
2/4 repeat funderspeak grant-dependency 3%
01What it does

What Massachusetts Veterans Foundation Inc does

Mission

The organization strives to promote and support massachusetts communities, charitable organizations, and individuals in achieving their goals with an interest in veterans of foreign wars.

As stated on its FY2025 Form 990.

Program

  1. Identifying and reaching out to individuals needing assitance to locate, apply for and receive appropriate benefits from programs sponsored by the governments or other organizations aimed at providing veterans benefits. Also identifying and reaching out to various community organizations needing assistance and funding to carry out their mission with interest in those programs that include veterans of foreign wars.

    $183,523 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $183,523.

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 ($98k) Expenses 100 ($157k) Net assets 100 ($181k)2018 Revenue 160 ($156k) Expenses 21 ($33k) Net assets 172 ($311k)2019 Revenue 153 ($149k) Expenses 23 ($36k) Net assets 238 ($430k)2020 Revenue 29 ($29k) Expenses 4 ($6k) Net assets 238 ($430k)2022 Revenue 186 ($181k) Expenses 15 ($23k) Net assets 325 ($588k)2023 Revenue 159 ($155k) Expenses 90 ($141k) Net assets 372 ($673k)2024 Revenue 107 ($105k) Expenses 81 ($126k) Net assets 390 ($706k)2025 Revenue 392 ($382k) Expenses 123 ($192k) Net assets 505 ($913k)
'17'18'19'20'22'23'24'25
Revenue (392)Expenses (123)Net assets (505)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 $181k to $427k (+136%).

$181k
$427k
$430k
$430k
$588k
$675k
$710k
$917k
'17'18'19'20'22'23'24'25
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
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 10%. Grants only. Government contracts and fees sit inside program revenue.

85% of MASSACHUSETTS VETERANS FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (84% for the typical peer).

This organization
Typical peer · 3,561 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$59k
’17
$124k
’18
$113k
’19
$23k
’20
$158k
’22
$14k
’23
−$22k
’24
$190k
’25
1.3
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.

'17'18'19'20'21'22'23'24'25
Listed55777991111
Joined·+0+2+0+0+4+1+3+2
No longer listed·00002112
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $25 → $196.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 97% 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: $409k from one payer (the payer shares this organization's board, largest Veterans of Foreign Wars Dept VFW Mass). These are real filings, and they are not money MASSACHUSETTS VETERANS FOUNDATION INC raised.

From the IRS filings of MASSACHUSETTS VETERANS FOUNDATION INC’s funders (the co-funder graph). 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 VETERANS FOUNDATION INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

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

97% 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 VETERANS FOUNDATION INC.

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“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.

Where its funders are

97% of MASSACHUSETTS VETERANS 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 $1k that is directly attributable, 98% of it comes from funders outside Massachusetts, across 3 states.

MA
NJ
RI

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

’17
’20
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $37k arriving through sponsors registered in 1 state 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

MASSACHUSETTS VETERANS FOUNDATION INC runs a healthier operating margin than three-quarters of the 1,934 public benefit nonprofits its size.

Operating margin50% · top quartile
Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)19% · above the median

this organization peer median middle 50% of peers· 1,934 public benefit nonprofits $100k–$1M, FY2025

Organizations like MASSACHUSETTS VETERANS 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

96% of spending goes to programs.

Program 96%Management 3%Fundraising 2%

Governance

11
board members
55%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

88%

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

Screen this organization

A dated, signed PDF of the compliance screen for MASSACHUSETTS VETERANS 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 VETERANS FOUNDATION INC?
MASSACHUSETTS VETERANS FOUNDATION INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $38,062 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($36,975). 2 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MASSACHUSETTS VETERANS FOUNDATION INC have?
IRS filings report 4 organizations giving $38,062 in grants to MASSACHUSETTS VETERANS FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of MASSACHUSETTS VETERANS FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $36,975 in grants. The full list of funders is on this page.
How can an organization like MASSACHUSETTS VETERANS 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 4 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