GrantmakersMassachusetts

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.

63organizations funded
$10,000median reported grant
$3,972,463granted, 2020-2024
78%of grantees funded again the next year
20%of dollars to its largest recipient

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:

  1. What kind of organization it is. For Edvestors Inc, by its IRS classification it raises and distributes funds for education (NTEE B12).
  2. 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.
  3. 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.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
145 grants
$10,000 - $25,000
152 grants
$25,000 - $50,000
19 grants
$50,000 - $100,000
4 grants
$100,000 - $250,000
1 grant

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.

OrganizationLocationTotal receivedGrantsYears fundedLast
The Boston Education Development Foundation IncRoxbury, MA$810,8667352024
Boston Educational Development FoundationBoston, MA$323,3002522021
Trustees of Eliot SchoolBoston, MA$263,700852024
Company One IncBoston, MA$158,500852024
Seven Hills Foundation IncWorcester, MA$143,800752024
Community Music Center of BostonBoston, MA$134,000752024
Fractured Atlas IncNew York, NY$127,100852024
Actors Shakespeare Project IncCharlestown, MA$113,300552024
Fenway High School FundRoxbury Xing, MA$110,8001152024
Boston Music Project IncBoston, MA$104,6001052024
Edward M Kennedy Academy Foundation IncBoston, MA$100,000112020
Center for Collaborative Education IncBoston, MA$83,000632022
Lyric Stage Company of Boston IncBoston, MA$77,800552024
Margarita Muniz Academy Foundation IncJamaica Plain, MA$76,437852024
Artists for Humanity IncBoston, MA$75,600652024
Arts for Learning Massachusetts IncBoston, MA$71,000552024
Brighter Boston IncChestnut Hill, MA$66,600852024
Balletrox IncJamaica Plain, MA$63,800442024
Zumix IncEast Boston, MA$62,000652024
Apprentice Learning IncJamaica Plain, MA$58,500432024
Boston Green Academy Foundation IncBrighton, MA$55,215542024
Huntington Theatre Company IncBoston, MA$54,400552024
Massachusetts Poetry Outreach ProjectBoston, MA$49,800552024
Veronica Robles Cultural CenterSaugus, MA$46,600542024
Handel and Haydn SocietyBoston, MA$42,800442023
2ND Act Org IncBoston, MA$39,800552024
Etm-Massachusetts IncBoston, MA$37,000332022
North End Music and Performing Arts CenterBoston, MA$35,500552024
Boston Lyric Opera Company IncBoston, MA$35,100542024
Cristo Rey Boston High School IncDorchester, MA$35,000442024
Art Resource Collaborative for Kids Arck IncorporatedBoston, MA$32,000332022
Boston Day and Evening Academy Foundation IncRoxbury, MA$31,545432024
Boston Childrens Chorus IncBoston, MA$30,500332024
Transformative Culture Project IncUphams Corner, MA$30,000542024
Bpe IncRoxbury, MA$25,000222021
Making Music MattersRoslindale, MA$24,000322024
Rehearsal for Life IncJamaica Plain, MA$22,000442023
826 Boston IncRoxbury, MA$20,000222022
ChicaQuincy, MA$20,000222022
Massachusetts Advocates for Children IncBoston, MA$20,000222022
Partners for Youth With DisabilitiesBoston, MA$20,000222022
Digital Ready IncJamaica Plain, MA$19,000212020
Madison Park Career Tech Foundation IncBoston, MA$19,000222021
Loop Lab IncCambridge, MA$17,000222024
Uaspire IncBoston, MA$15,500222024
Codman Academy FoundationDorchester, MA$15,000222024
Warren-Prescott Foundation IncCharlestown, MA$15,000222021
1647Dorchester, MA$10,000112020
Friends of Baldwin Early Learning Center IncBrighton, MA$10,000112020
Friends of St Stephens Youth Programs IncBoston, MA$10,000112020
Friends of the Rafael Hernandez School IncBoston, MA$10,000112020
Friends of the William E Carter School IncBoston, MA$10,000112020
KIPP Lynn Fund IncLynn, MA$10,000112020
Preparatory Foundation IncHyde Park, MA$10,000112020
The Match Foundation IncJamaica Plain, MA$10,000112020
Timothy Smith Network IncRoxbury, MA$10,000112021
Boston Arts Academy Foundation IncBoston, MA$9,000112020
UaspireBoston, MA$8,500112023
Allied Community Resources IncEnfield, CT$8,000112023
Boston Collaborative High SchoolBoston, MA$7,000112020
The Possible Project IncBoston, MA$7,000112024
OriginationRoslindale, MA$6,000112024
Cathleen Stone Island Outward Bound School IncBoston, MA$5,500112022

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.

It also reported 3 groups of grants to individuals -- scholarships, emergency assistance and similar. Schedule I reports these by category with a headcount and never by name, so there is nothing here we could publish about the recipients even if we wanted to.

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.

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.

Arts & Culture
23 orgs
Education
18 orgs
Youth Development
4 orgs
Employment
2 orgs
Philanthropy & Grantmaking
2 orgs
Civil Rights
1 org
Human Services
1 org
Environment
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
202066$818,110$10,000
202169$900,737$10,000
202259$678,036$10,000
202367$809,880$9,000
202460$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.

Massachusetts
$3.8M
New York
$127K
Connecticut
$8K

Down to the city

Boston, MA
$1.9M
Roxbury, MA
$897K
Jamaica Plain, MA
$250K
Worcester, MA
$144K
Charlestown, MA
$128K
New York, NY
$127K

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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.

Fidelity Investments Charitable Gift Fund43 shared recipientsBoston Foundation Inc41 shared recipientsEastern Bank Foundation28 shared recipientsLiberty Mutual Foundation Inc27 shared recipientsDonor Advised Charitable Giving Inc27 shared recipientsAmerican Online Giving Foundation Inc25 shared recipients

How to approach this grantmaker

  1. 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.
  2. 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.
  3. Check you are in its geography. Its giving concentrates in Massachusetts.
  4. 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.

Related guides

Foundations funding arts & culture in MassachusettsEvery funder in this group, rankedFoundations funding education in MassachusettsEvery funder in this group, ranked

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

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.