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MASSACHUSETTS BAY COMMUNITY COLLEGE FOUNDATION

EIN 22-2581930 WELLESLEY HLS, MA

Revenue 2024
$1,256,568
Expenses 2024
$976,851

Program services were 94.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B11
Classification
1200
Street
50 OAKLAND ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE FOUNDATION BOARD ENHANCES THE VITALITY OF THE COLLEGE BY PROMOTING INVESTMENT FROM EXTERNAL SOURCES, GROWING THE ENDOWMENT, AWARDING SCHOLARSHIPS, AND CREATING PARTNERSHIPS FOR LEARNING. IN SO DOING, THE FOUNDATION SEEKS TO BE A CATALYST FOR TRANSFORMING THE COLLEGE BY SUPPORTING EDUCATIONAL EXCELLENCE AND ACHIEVEMENT.

Activities or mission (Part I)

TO PROVIDE SCHOLARSHIPS AND COLLEGE FUNDRAISING.

  • AWARDS SCHOLARSHIPS TO VARIOUS STUDENTS.

    Expenses $498,375 · Grants $498,375

  • ACADEMIC PROGRAMS AND STUDENT SERVICES.

    Expenses $420,012 · Grants $420,012

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • James J Mckenzie

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Joseph Asaya

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Thomas W Cleverdon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Howard Ferris

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Rebecca Kannam

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • David Kennedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Tony Loftis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Stacy Okada

    DIrector

    Total calculated
    $0
    Hours/week
    0.5
  • Todd Ofenloch

    DIRector

    Total calculated
    $0
    Hours/week
    0.5
  • Stephen T HibbarD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jean Dyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Chris Teachout

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,256,568
    Expenses
    $976,851
    Contributions
    $1,083,549
    Grants paid
    $918,387
  • 2023
    Revenue
    $1,449,428
    Expenses
    $2,119,026
    Contributions
    $1,320,138
    Grants paid
    $2,066,397
  • 2022
    Revenue
    $2,585,895
    Expenses
    $2,469,831
    Contributions
    $2,292,599
    Grants paid
    $386,533

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,230,055
    Expenses
    $1,246,423
    Assets (EOY)
    $6,708,548
  • 2020 · 990

    Revenue
    $923,254
    Expenses
    $803,440
    Assets (EOY)
    $7,841,424
  • 2019 · 990

    Revenue
    $1,601,262
    Expenses
    $945,800
    Assets (EOY)
    $6,766,347
  • 2018 · 990

    Revenue
    $589,729
    Expenses
    $634,310
    Assets (EOY)
    $5,975,805
  • 2017 · 990

    Revenue
    $671,105
    Expenses
    $575,812
    Assets (EOY)
    $5,801,524
  • 2016 · 990

    Revenue
    $464,990
    Expenses
    $383,962
    Assets (EOY)
    $5,527,743
  • 2015 · 990

    Revenue
    $331,730
    Expenses
    $335,215
    Assets (EOY)
    $4,955,207
  • 2014 · 990

    Revenue
    $436,677
    Expenses
    $361,904
    Assets (EOY)
    $5,032,394
  • 2013 · 990

    Revenue
    $427,293
    Expenses
    $359,721
    Assets (EOY)
    $4,887,846
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $388,069
    Assets (EOY)
    $4,293,741

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • Massachusetts Bay Community College

    $2,066,397

    2023 PROGRAM SUPPORT

  • Massachusetts Bay Community College

    $918,387

    2024 PROGRAM SUPPORT

  • MASSACHUSETTS BAY COMMUNITY COLLEGE

    $386,533

    2022 SCHOLARSHIPS

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • MAssachusetts Bay Community College

    SEC 115 · Higher Educat · MA

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.