Edvestors Inc
Boston, MA · EIN 76-0794873. Reported 321 grants totalling $3,972,463 to 63 organizations across tax years 2020-2024, on Form 990 Schedule I.
Does this grantmaker accept applications?
Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.
Three things in the filing do bear on it:
- What kind of organization it is. For Edvestors Inc, by its IRS classification it raises and distributes funds for education (NTEE B12).
- How spread out its giving is. 63 distinct organizations, with 20% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
- How much its list changes. 78% of one year's grantees are funded again the next, across 4 year-to-year transitions. That is well above the 57% median for grantmaking charities, and above the 67% private foundations manage. This list is close to settled, so a newcomer has to displace someone rather than fill a gap.
How big are its grants?
The median reported grant is $10,000. Half of what it reported fell between $8,000 and $12,000; the smallest was $5,000 and the largest $100,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| The Boston Education Development Foundation Inc | Roxbury, MA | $810,866 | 73 | 5 | 2024 |
| Boston Educational Development Foundation | Boston, MA | $323,300 | 25 | 2 | 2021 |
| Trustees of Eliot School | Boston, MA | $263,700 | 8 | 5 | 2024 |
| Company One Inc | Boston, MA | $158,500 | 8 | 5 | 2024 |
| Seven Hills Foundation Inc | Worcester, MA | $143,800 | 7 | 5 | 2024 |
| Community Music Center of Boston | Boston, MA | $134,000 | 7 | 5 | 2024 |
| Fractured Atlas Inc | New York, NY | $127,100 | 8 | 5 | 2024 |
| Actors Shakespeare Project Inc | Charlestown, MA | $113,300 | 5 | 5 | 2024 |
| Fenway High School Fund | Roxbury Xing, MA | $110,800 | 11 | 5 | 2024 |
| Boston Music Project Inc | Boston, MA | $104,600 | 10 | 5 | 2024 |
| Edward M Kennedy Academy Foundation Inc | Boston, MA | $100,000 | 1 | 1 | 2020 |
| Center for Collaborative Education Inc | Boston, MA | $83,000 | 6 | 3 | 2022 |
| Lyric Stage Company of Boston Inc | Boston, MA | $77,800 | 5 | 5 | 2024 |
| Margarita Muniz Academy Foundation Inc | Jamaica Plain, MA | $76,437 | 8 | 5 | 2024 |
| Artists for Humanity Inc | Boston, MA | $75,600 | 6 | 5 | 2024 |
| Arts for Learning Massachusetts Inc | Boston, MA | $71,000 | 5 | 5 | 2024 |
| Brighter Boston Inc | Chestnut Hill, MA | $66,600 | 8 | 5 | 2024 |
| Balletrox Inc | Jamaica Plain, MA | $63,800 | 4 | 4 | 2024 |
| Zumix Inc | East Boston, MA | $62,000 | 6 | 5 | 2024 |
| Apprentice Learning Inc | Jamaica Plain, MA | $58,500 | 4 | 3 | 2024 |
| Boston Green Academy Foundation Inc | Brighton, MA | $55,215 | 5 | 4 | 2024 |
| Huntington Theatre Company Inc | Boston, MA | $54,400 | 5 | 5 | 2024 |
| Massachusetts Poetry Outreach Project | Boston, MA | $49,800 | 5 | 5 | 2024 |
| Veronica Robles Cultural Center | Saugus, MA | $46,600 | 5 | 4 | 2024 |
| Handel and Haydn Society | Boston, MA | $42,800 | 4 | 4 | 2023 |
| 2ND Act Org Inc | Boston, MA | $39,800 | 5 | 5 | 2024 |
| Etm-Massachusetts Inc | Boston, MA | $37,000 | 3 | 3 | 2022 |
| North End Music and Performing Arts Center | Boston, MA | $35,500 | 5 | 5 | 2024 |
| Boston Lyric Opera Company Inc | Boston, MA | $35,100 | 5 | 4 | 2024 |
| Cristo Rey Boston High School Inc | Dorchester, MA | $35,000 | 4 | 4 | 2024 |
| Art Resource Collaborative for Kids Arck Incorporated | Boston, MA | $32,000 | 3 | 3 | 2022 |
| Boston Day and Evening Academy Foundation Inc | Roxbury, MA | $31,545 | 4 | 3 | 2024 |
| Boston Childrens Chorus Inc | Boston, MA | $30,500 | 3 | 3 | 2024 |
| Transformative Culture Project Inc | Uphams Corner, MA | $30,000 | 5 | 4 | 2024 |
| Bpe Inc | Roxbury, MA | $25,000 | 2 | 2 | 2021 |
| Making Music Matters | Roslindale, MA | $24,000 | 3 | 2 | 2024 |
| Rehearsal for Life Inc | Jamaica Plain, MA | $22,000 | 4 | 4 | 2023 |
| 826 Boston Inc | Roxbury, MA | $20,000 | 2 | 2 | 2022 |
| Chica | Quincy, MA | $20,000 | 2 | 2 | 2022 |
| Massachusetts Advocates for Children Inc | Boston, MA | $20,000 | 2 | 2 | 2022 |
| Partners for Youth With Disabilities | Boston, MA | $20,000 | 2 | 2 | 2022 |
| Digital Ready Inc | Jamaica Plain, MA | $19,000 | 2 | 1 | 2020 |
| Madison Park Career Tech Foundation Inc | Boston, MA | $19,000 | 2 | 2 | 2021 |
| Loop Lab Inc | Cambridge, MA | $17,000 | 2 | 2 | 2024 |
| Uaspire Inc | Boston, MA | $15,500 | 2 | 2 | 2024 |
| Codman Academy Foundation | Dorchester, MA | $15,000 | 2 | 2 | 2024 |
| Warren-Prescott Foundation Inc | Charlestown, MA | $15,000 | 2 | 2 | 2021 |
| 1647 | Dorchester, MA | $10,000 | 1 | 1 | 2020 |
| Friends of Baldwin Early Learning Center Inc | Brighton, MA | $10,000 | 1 | 1 | 2020 |
| Friends of St Stephens Youth Programs Inc | Boston, MA | $10,000 | 1 | 1 | 2020 |
| Friends of the Rafael Hernandez School Inc | Boston, MA | $10,000 | 1 | 1 | 2020 |
| Friends of the William E Carter School Inc | Boston, MA | $10,000 | 1 | 1 | 2020 |
| KIPP Lynn Fund Inc | Lynn, MA | $10,000 | 1 | 1 | 2020 |
| Preparatory Foundation Inc | Hyde Park, MA | $10,000 | 1 | 1 | 2020 |
| The Match Foundation Inc | Jamaica Plain, MA | $10,000 | 1 | 1 | 2020 |
| Timothy Smith Network Inc | Roxbury, MA | $10,000 | 1 | 1 | 2021 |
| Boston Arts Academy Foundation Inc | Boston, MA | $9,000 | 1 | 1 | 2020 |
| Uaspire | Boston, MA | $8,500 | 1 | 1 | 2023 |
| Allied Community Resources Inc | Enfield, CT | $8,000 | 1 | 1 | 2023 |
| Boston Collaborative High School | Boston, MA | $7,000 | 1 | 1 | 2020 |
| The Possible Project Inc | Boston, MA | $7,000 | 1 | 1 | 2024 |
| Origination | Roslindale, MA | $6,000 | 1 | 1 | 2024 |
| Cathleen Stone Island Outward Bound School Inc | Boston, MA | $5,500 | 1 | 1 | 2022 |
45 of 63 (71%) received money in more than one year over the 5 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.
What the money was for
Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.
- Boston Educational Development Foundation
SOM WINNER 2020: WINSHIP ELEMENTARY SCHOOL - Boston Education Fund
SOM PRIZE WINNER - EAST BOSTON HIGH SCHOOL - Boston Education Fund (bedf)
SCHOOL ON THE MOVE 2024 PRIZE WINNER: MATTAHUNT ELEMENTARY - Eliot School of Fine and Applied Arts
R17 1-YEAR: ELIOT SCHOOL OF FINE AND APPLIED ARTS WITH ELLISON PARKS EARLY EDUCATION SCHOOL, GREATER EGLESTON HIGH SCHOOL, HAYNES EARLY EDUCATION CENTER, HENRY GREW SCHOOL, HOLMES INNOVATION SCHOOL, KENNEDY ELEMENTARY SCHOOL, LEE ACADEMY, HOLLAND HIGH SCHOOL - Apprentice Learning
GATES SOCIAL CAPITAL INITIATIVE - The Center for Collaborative Education
NEW MISSION HS SOM 2021 FINALIST
What kind of organizations it funds
By each recipient's own IRS classification, for the 52 of 63 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.
Giving by year
| Tax year | Grants reported | Total | Median grant |
|---|---|---|---|
| 2020 | 66 | $818,110 | $10,000 |
| 2021 | 69 | $900,737 | $10,000 |
| 2022 | 59 | $678,036 | $10,000 |
| 2023 | 67 | $809,880 | $9,000 |
| 2024 | 60 | $765,700 | $9,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.
Where its money goes
97% of its giving went to organizations in Massachusetts. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.
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Funders that support the same organizations
These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this grantmaker
- Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
- Check you are its size. The median reported grant is $10,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
- Check you are in its geography. Its giving concentrates in Massachusetts.
- Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.
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Where these numbers come from
Everything above is taken from Edvestors Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2020-2024). Nothing here is scraped, inferred or estimated.
On its most recent return it told the IRS it made grants to 36 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.
Address of record on the latest return: 142 Berkeley Street 410, Boston, MA, 02116.
EIN 76-0794873 · See the original filings on ProPublica · How we build this
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