named programs · 2 · from sources
What they call their work
Charitable Grantmaking Program
General program of distributing grants to charitable organizations supporting community welfare, social services, and religious institutions
Educational Grantmaking Program
Program providing funding to educational institutions such as Boston University for academic and research purposes
activities · 2 groups
What they do
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General Operating Support Grants 1 activity
- Funding charitable activities through grantsFunds a range of charitable initiatives by awarding grants to nonprofit organizations. This includes support for general charitable purposes as defined by the foundation’s grantmaking priorities.
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University-Specific Endowment and Program Funding 1 activity
- Funding educational programs at academic institutionsProvides financial support for educational initiatives hosted at academic institutions, including programs that advance teaching, learning, or institutional capacity in education.
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financials · form 990PF · fy2024
revenue
Total revenue$127K
Contributions & grants——
Program service revenue——
Investment income$67K53%
Other revenue$60K
expenses
Total expenses$50K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$20K
Grants paid out$320K
balance sheet
Total assets$1.50M
Cash—
Investments—
Liabilities—
Net assets$1.50M
4 years on record · 2021–2024 · YoY revenue -27.5%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| MARIA DIOGUARDI | TREASURER & SECRETARY | 5 | $20K |
board members · 2
- FRANCIS A MARRACCINI — TRUSTEE
- NINA M MARRACCINI JR — TRUSTEE
relationships · 11
Who they work with
- BOSTON UNIVERSITY Partner — Recipient of educational grant funding
- BUBBA'S BEDS FOR SHELTER FRIENDS Partner — Recipient of charitable grant funding
- FRIENDS OF THE ARC FOUNDATION Partner — Recipient of charitable grant funding
- HALO Partner — Recipient of charitable grant funding
- HOSPICE & PALLIATIVE CARE FOUNDATION Partner — Recipient of charitable grant funding
- JMC FOUNDATION Partner — Recipient of charitable grant funding
- KNIGHTS OF COLUMBUS Partner — Recipient of charitable grant funding
- SACRED HEART AND OUR LADY OF POMPEII Partner — Recipient of charitable grant funding
- THE ALFRED E SMITH MEMORIAL FOUNDATION Partner — Recipient of charitable grant funding
- TRUSTEES OF COLUMBIA UNIVERSITY Partner — Recipient of charitable grant funding
- WANDERERS REST Partner — Recipient of charitable grant funding
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Education-Focused Grantmakingmethodology: education_grantmakingBy providing financial support to universities and educational institutions, we advance education because these entities are positioned to create scalable, long-term impact through teaching, research, and innovation.
- Targeted Grantmaking to Established Nonprofitsmethodology: targeted_grantmakingBy directing funds to established nonprofit organizations, we achieve impact in charitable causes because these organizations have proven capacity and infrastructure to effectively implement programs.