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Nonprofit · EIN 26-1374263

POINT32HEALTH FOUNDATION INC

Tax-exempt · CANTON, MA 02021

Financials

$20.2M$11.4M2023$19.3M$11.1M2024
Revenue Expenses · by fiscal year end
Financials of POINT32HEALTH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,273,925$11,077,136$8,196,789$125,418,878$1,551,477$123,867,401
December 31, 2023990$20,243,666$11,411,566$8,832,100$117,686,597$2,015,985$115,670,612
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,000,000
Program service revenue
$0
Investment income
$13,273,925
Net gain from sales of assets
$3,681,278
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,263,173
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$53,000
Travel
$18,615
Program services (functional)
$10,749,998
Management and general (functional)
$327,138

Balance sheet and other

Total assets, start of year
$117,686,597
Total assets, end of year
$125,418,878
Total liabilities, end of year
$1,551,477
Net assets, end of year
$123,867,401
Publicly traded securities
$123,020,175
Net assets without donor restrictions
$123,867,401
Gross receipts
$22,178,239
Employees
0
Volunteers
0
Year formed
2007
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CAIN HAYESDIRECTOR (END 9/24)
Trustee or director, Officer
5$0$4,532,289$42,363
ROLAND PRICEFORMER TREASURER
Former
0$0$1,299,914$15,069
R SCOTT WALKERP32H CFO
Key employee
5$0$1,041,266$162,232
MARK PORTERTREASURER
Officer
5$0$1,024,863$112,221
KRISTIN LEWISDIRECTOR
Trustee or director
5$0$998,596$118,145
UMESH KURPADFORMER OFFICER
Former
0$0$1,087,771$21,702
TISA HUGHESFORMER CLERK/SECRETARY
Former
0$0$824,422$31,490
SUSAN KEEFORMER CLERK/SECRETARY
Former
5$0$696,820$93,265
MARY MAHONEYFORMER SVP, CLO
Former
0$0$705,784$0
NORA MORENO CARGIEDIR; PRES FND & VP CORP CSHIP
Trustee or director, Officer
50$0$513,162$50,887
THOMAS MALONEYCLERK/SECRETARY (START 1/24)
Officer
5$0$321,328$53,676
ALRIE DANIELCZYKDIR,COMMUNICATIONS (END 9/24)
Highest-paid employee
50$0$158,718$12,730
CAITLIN SULLIVANSR COMMUNITY INVESTOR
Highest-paid employee
50$0$107,332$25,442
REGINA DONOVANSR GRANTS/ ADMINISTRATIVE MNGR
Highest-paid employee
50$0$102,846$8,029
BENJAMIN PERKINSDIRECTOR
Trustee or director
1$4,000$0$0
8 more people on this return
NameTitleHours / weekCompensation
CHARLOTTE GOLAR RICHIEDIRECTOR
Trustee or director
1$4,000
HEIDI BROOKDIR & VICE CHAIR (AS OF 6/24)
Trustee or director, Officer
1$4,000
JO ANN SIMONSDIRECTOR
Trustee or director, Officer
1$4,000
LEN FISHMANDIRECTOR
Trustee or director
1$4,000
MARY SKELTON ROBERTSDIRECTOR
Trustee or director
1$4,000
MARYLOU SUDDERSDIRECTOR
Trustee or director
1$4,000
MARTY COHENDIRECTOR
Trustee or director
1$0
GREG SHELLDIRECTOR & CHAIR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CAIN HAYESPRESIDENT & CEO
Trustee or director
5$0$3,859,017$387,442
UMESH KURPADFORMER OFFICER
Former
0$0$1,454,835$166,409
TISA HUGHESFORMER CLERK/SECRETARY
Former
0$0$1,330,477$135,726
MARK PORTERTREASURER (START 10/12)
Officer
5$0$1,055,628$166,825
KRISTIN LEWISDIRECTOR (1/1-6/7;10/12-12/31)
Trustee or director
5$0$1,034,645$152,533
R SCOTT WALKERP32H CFO (START 7/5)
Key employee
2.5$0$727,951$117,945
SUSAN KEECLERK/SECRETARY
Officer
5$0$645,368$72,203
NORA MORENO CARGIEDIR; PRES FND & VP CORP CSHIP
Trustee or director, Officer
50$0$607,774$84,611
ROLAND PRICETREASURER (END 10/11)
Officer
5$0$596,123$79,256
PHILLIP GONZALEZDIRECTOR, COMM. INVESTMENTS
Highest-paid employee
50$0$224,116$37,634
ALRIE DANIELCZYKDIR, COMM. & STKHOLDER ENGAGE.
Highest-paid employee
50$0$213,240$43,995
CAITLIN SULLIVANPROGRAM OFFICER
Highest-paid employee
50$0$115,900$31,993
GREG SHELLDIRECTOR & CHAIR
Trustee or director, Officer
2$0$13,000$0
JO ANN SIMONSDIRECTOR
Trustee or director
1$5,000$0$0
HEIDI BROOKSDIRECTOR
Trustee or director
1$4,000$0$0
CHARLOTTE GOLAR RICHIEDIRECTOR
Trustee or director
1$4,000$0$0
BENJAMIN PERKINSDIRECTOR
Trustee or director
1$4,000$0$0
MARY SKELTON ROBERTSDIRECTOR
Trustee or director
1$4,000$0$0
MARYLOU SUDDERSDIRECTOR (START 3/9)
Trustee or director
1$4,000$0$0
LEN FISHMANDIRECTOR
Trustee or director
1$3,500$0$0
MARTY COHENDIRECTOR
Trustee or director
1$0$0$0
ROBERT LEWIS JRDIRECTOR (END 2/15)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1 WELLNESS WAY, CANTON, MA 02021-1166
In care of
% MARK PORTER TREASURER
Principal officer (990 for 2024)
NORA MORENO CARGIE, 1 WELLNESS WAY, CANTON, MA 020211166
Signed the 990
MARK PORTER, TREASURER
Phone
(617) 972-9400
Return prepared by
PwC US Tax LLP

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • EQUITY IN AGING GRANTS: COMMUNITY-LED EFFORTS TO ELIMINATE BARRIERS FOR OLDER ADULTS. SUPPORT ORGANIZATIONS PLAYING A LEADING ROLE IN LOCAL, REGIONAL AND NATIONAL EFFORTS ADVANCING COMMUNITY ORGANIZING, POLICY ADVOCACY AND SYSTEM CHANGE INITIATIVES FOCUSED ON EQUITY IN AGING. LIFT UP SOLUTIONS LED, ENDORSED AND/OR PRIORITIZED BY COMMUNITY. ORGANIZATIONS ARE COLLABORATIVE, HAVE DEEP COMMUNITY RELATIONSHIPS AND AUTHENTICALLY ENGAGE IN COLLECTIVE ACTION TO MAKE COMMUNITIES MORE SUPPORTIVE OF OLDER ADULTS, ESPECIALLY THOSE WHO HAVE EXPERIENCED OTHER BARRIERS.
    Expenses $4,829,000 · grants $4,829,000
  • CORPORATE CITIZENSHIP (WORKPLACE GIVING/SPONSORSHIPS): IN 2024, THE POINT32HEALTH FAMILY OF COMPANIES PARTICIPATED IN CORPORATE CITIZENSHIP ACTIVITIES. THIS INCLUDED FOUNDATION INVESTMENTS IN COMMUNITY THROUGH EVENT/PROGRAM SPONSORSHIPS, A MATCH PROGRAM THAT SUPPORTS INDIVIDUAL VOLUNTEERING AND/OR FINANCIAL CONTRIBUTIONS TO QUALIFIED NON-PROFIT ORGANIZATIONS UP TO $500 ANNUALLY FOR EACH EMPLOYEE AND UP TO $5,000 ANNUALLY FOR MEMBERS OF POINT32HEALTH AND FOUNDATION BOARDS OF DIRECTORS. DONATIONS MADE ON #GIVINGTUESDAY ARE MATCHED TWO-FOR-ONE. ADDITIONALLY, THE FOUNDATION MATCHES UP TO $5,000 ANNUALLY FOR EMPLOYEES AT THE DIRECTOR-LEVEL AND ABOVE WHO SERVE ON BOARDS AND OFFERS EMPLOYEES UP TO THE MANAGER LEVEL AN OPPORTUNITY TO DIRECT A MINI GRANT OF $250, AFTER AN INITIAL EMPLOYEE DONATION OF $25, TO A NON-PROFIT OF THEIR CHOOSING. ALL EMPLOYEES AND BOARD MEMBERS ARE ALSO ELIGIBLE FOR AN ANNUAL DOUBLE MATCH -- UP TO $1,000 - FOR DONATIONS MADE TO ORGANIZATIONS ADVANCING COMMUNITY BUILDING AND CIVIC ENGAGEMENT. A MATCH INCENTIVE FOR TEAM-BASED VOLUNTEERING ENCOURAGES SERVICE TO COMMUNITY. ADDITIONALLY, THE FOUNDATION OFFERS SPECIAL MATCH PROGRAMS TO SUPPORT DISASTER RESPONSE AND RELIEF EFFORTS, AND FUNDRAISING PROGRAMS SUCH AS THE WALK TO END ALZHEIMER'S AND NAMI WALKS (TO SUPPORT THE ALZHEIMER'S ASSOCIATION AND NATIONAL ALLIANCE ON MENTAL ILLNESS, RESPECTIVELY). THE CORPORATE CITIZENSHIP PROGRAM SUPPORTS A COMPANY-WIDE VOLUNTEER WEEK, VOLUNTEER SERVICE OPPORTUNITIES THROUGHOUT THE YEAR, AND DRIVES ADDRESSING KEY SOCIAL AND ECONOMIC FACTORS AFFECTING HEALTH (THE SOCIAL DETERMINANTS OF HEALTH): FOOD, HOUSING AND ECONOMIC SECURITY, AND EDUCATION.
    Expenses $1,280,500 · grants $1,280,500
  • COMMUNITY BUILDING AND CIVIC ENGAGEMENT: SUPPORT OF ORGANIZATIONS THAT ARE LED BY AND INCLUDE DIVERSE VOICES AND PERSPECTIVES FROM THE COMMUNITIES THEY SERVE CAN ENHANCE AND FACILITATE CHANGE BY DEVELOPING CAPACITY AMONG COMMUNITY LEADERS, FOCUSING ON HEALING, AND ORGANIZING COMMUNITY EFFORTS.
    Expenses $1,215,000 · grants $1,215,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1374263
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E12)
Assets (IRS master file)
$125,418,878
Income (IRS master file)
$22,178,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,273,925$11,077,136$125,418,878IRS
990December 2023$20,243,666$11,411,566$117,686,597XML
990December 2022-$10,023,856$11,303,663$108,794,480IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1374263).

Questions about POINT32HEALTH FOUNDATION INC

What is the EIN of POINT32HEALTH FOUNDATION INC?
The employer identification number (EIN) of POINT32HEALTH FOUNDATION INC is 26-1374263.
Is POINT32HEALTH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to POINT32HEALTH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does POINT32HEALTH FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POINT32HEALTH FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POINT32HEALTH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POINT32HEALTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names NORA MORENO CARGIE.
Who are the officers and directors of POINT32HEALTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 23 people; 7 received compensation from the organization.
How much revenue does POINT32HEALTH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,273,925, expenses of $11,077,136 and total assets of $125,418,878 at year end.

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