The Massachusetts State Capitol

Form 990-PFTax year 2024EIN 47-4967720

Massmutual Foundation Inc

A private foundation in Springfield, MA. Its return for tax year 2024 lists 5 grants and $24.4 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $24,442,629

    Grants listed
    5
    Assets, end of year
    $34,302,568
  • Tax year 2023

    $12,070,513

    Grants listed
    104
    Assets, end of year
    $8,554,000
  • Tax year 2022

    $9,640,034

    Grants listed
    90
    Assets, end of year
    $31,299,000
  • Tax year 2021

    $9,606,484

    Grants listed
    81
    Assets, end of year
    $16,295,000
  • Tax year 2020

    $10,273,389

    Grants listed
    87
    Assets, end of year
    $25,929,000
  • Tax year 2019

    $9,638,258

    Grants listed
    96
    Assets, end of year
    $30,226,146
  • Tax year 2018

    $6,641,836

    Grants listed
    68
    Assets, end of year
    $14,536,220

Grants paid in 2024

5 grants, largest first

As listed on the return.

  1. American Online Giving FoundationNewark, DE

    Exempt purpose

    $21,773,971
  2. University of Massachusetts Amherst Foundation IncAmherst, MA

    Exempt purpose

    $1,500,000
  3. Community Foundation of Western MassachusettsSpringfield, MA

    Exempt purpose

    $896,000
  4. Saint Francis Hospital & Medical Center Foundation IncHartford, CT

    Exempt purpose

    $250,000
  5. Community United Way of Pioneer Valley IncSpringfield, MA

    Exempt purpose

    $22,658

Approved for future payment

21 grants

Approved in 2024 and not yet paid.

  1. Opportunity Finance Network (ofn)Philadelphia, PA

    Exempt purpose

    $20,056,000
  2. Baystate Medical CenterSpringfield, MA

    Exempt purpose

    $3,000,000
  3. University of Massachusetts Amherst Foundation IncAmherst, MA

    Exempt purpose

    $1,500,000
  4. Boston Medical CenterBoston, MA

    Exempt purpose

    $1,190,736
  5. Boys & Girls Club Family CenterSpringfield, MA

    Exempt purpose

    $1,000,000
  6. Springfield Day Nursery CorporationSpringfield, MA

    Exempt purpose

    $500,000
  7. Springfield Technical Community College FoundationSpringfield, MA

    Exempt purpose

    $500,000
  8. Union Capital BostonBoston, MA

    Exempt purpose

    $300,000
  9. Boston FoundationBoston, MA

    Exempt purpose

    $200,000
  10. Tech FoundrySpringfield, MA

    Exempt purpose

    $200,000
  11. The Food Bank of Western MassachusettsChicopee, MA

    Exempt purpose

    $200,000
  12. Breaktime UnitedBoston, MA

    Exempt purpose

    $200,000
  13. Vibrant MemphisMemphis, TN

    Exempt purpose

    $190,000
  14. Neighborhood VillagesBoston, MA

    Exempt purpose

    $160,000
  15. Rise FoundationMemphis, TN

    Exempt purpose

    $115,000
  16. Forward MemphisMemphis, TN

    Exempt purpose

    $100,000
  17. Entrepreneurship for AllLowell, MA

    Exempt purpose

    $100,000
  18. Frayser Community Development CorporationMemphis, TN

    Exempt purpose

    $95,000
  19. YMCA of Greater SpringfieldSpringfield, MA

    Exempt purpose

    $75,000
  20. New North Citizens CouncilSpringfield, MA

    Exempt purpose

    $50,000
  21. Big Brothers Big Sisters of Hampden CountyWest Springfield, MA

    Exempt purpose

    $40,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking2 grants $22,669,97194% of the total
  2. Education1 grant $1,500,0006% of the total
  3. Human services1 grant $22,658<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Delaware1 grant $21,773,971
  2. Massachusetts3 grants $2,418,658
  3. Connecticut1 grant $250,000

Officers, directors and trustees

15 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Dennis DuquettePRESIDENT/CEO Hours 3Pay $0
  • James Paul Puhala IIICLERK Hours 2Pay $0
  • Alison MathiasVICE PRESIDENT Hours 3Pay $0
  • Pablo CabreraTREASURER Hours 3Pay $0
  • Brian FinucaneASSISTANT TREASURER Hours 2Pay $0
  • Christine GouineASSOCIATE CLERK Hours 2Pay $0
  • Noell TuestaASSOCIATE CLERK Hours 2Pay $0
  • Sherriff BalogunDIRECTOR Hours 2Pay $0
  • Shefali DesaiDIRECTOR (JOINED 11/11/2024) Hours 2Pay $0
  • Amy DiasDIRECTOR Hours 2Pay $0
  • Joshua LubasDIRECTOR (JOINED 11/11/2024) Hours 2Pay $0
  • Michael MorrisseyDIRECTOR Hours 2Pay $0
  • Frances ThomasDIRECTOR (JOINED 11/11/2024) Hours 2Pay $0
  • Sucharita VaranasiDIRECTOR Hours 2Pay $0
  • Dorothy VaronDIRECTOR Hours 2Pay $0

The return

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