Nonprofit · EIN 47-4967720
MASSMUTUAL FOUNDATION INC
Tax-exempt · SPRINGFIELD, MA 01111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $58,873,009 | $48,480,876 | $10,392,133 | $34,302,568 | $26,931,770 | $7,370,798 |
| December 31, 2023 | 990-PF | $820,000 | $27,563,000 | -$26,743,000 | $8,554,000 | $11,575,000 | -$3,021,000 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $58,873,009
Expenses
- Grants and similar amounts paid
- $39,671,334
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $33,252,171
Balance sheet and other
- Total assets, start of year
- $8,553,974
- Total assets, end of year
- $34,302,568
- Total liabilities, end of year
- $26,931,770
- Net assets, end of year
- $7,370,798
- Fair market value of assets
- $34,302,568
- Qualifying distributions
- $33,252,171
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS DUQUETTE 1295 STATE STREET, SPRINGFIELD, MA 01111 | PRESIDENT/CEO | 3 | $0 |
| JAMES PAUL PUHALA III 1295 STATE STREET, SPRINGFIELD, MA 01111 | CLERK | 2 | $0 |
| ALISON MATHIAS 1295 STATE STREET, SPRINGFIELD, MA 01111 | VICE PRESIDENT | 3 | $0 |
| PABLO CABRERA 1295 STATE STREET, SPRINGFIELD, MA 01111 | TREASURER | 3 | $0 |
| BRIAN FINUCANE 10 FAN PIER BLVD, BOSTON, MA 02210 | ASSISTANT TREASURER | 2 | $0 |
| CHRISTINE GOUINE 1295 STATE STREET, SPRINGFIELD, MA 01111 | ASSOCIATE CLERK | 2 | $0 |
| NOELL TUESTA 1295 STATE STREET, SPRINGFIELD, MA 01111 | ASSOCIATE CLERK | 2 | $0 |
| SHERRIFF BALOGUN 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| SHEFALI DESAI 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR (JOINED 11/11/2024) | 2 | $0 |
| AMY DIAS 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| JOSHUA LUBAS 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR (JOINED 11/11/2024) | 2 | $0 |
| MICHAEL MORRISSEY 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| FRANCES THOMAS 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR (JOINED 11/11/2024) | 2 | $0 |
| SUCHARITA VARANASI 10 FAN PIER BLVD, BOSTON, MA 02210 | DIRECTOR | 2 | $0 |
| DOROTHY VARON 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS DUQUETTE 1295 STATE STREET, SPRINGFIELD, MA 01111 | PRESIDENT/CEO | 3 | $0 |
| JAMES PAUL PUHALA III 1295 STATE STREET, SPRINGFIELD, MA 01111 | CLERK | 2 | $0 |
| ALISON MATHIAS 1295 STATE STREET, SPRINGFIELD, MA 01111 | VICE PRESIDENT | 3 | $0 |
| BRIAN FUNICANE 10 FAN PIER BLVD, BOSTON, MA 02210 | ASSISTANT TREASURER | 2 | $0 |
| NOELL TUESTA 1295 STATE STREET, SPRINGFIELD, MA 01111 | ASSOCIATE CLERK | 2 | $0 |
| CHRISTINE GOUIN 1295 STATE STREET, SPRINGFIELD, MA 01111 | ASSOCIATE CLERK | 2 | $0 |
| AMY DIAS 1296 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| MICHAEL MORRISSEY 1296 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| PABLO CABRERA 1295 STATE STREET, SPRINGFIELD, MA 01111 | TREASURER/DIRECTOR | 2 | $0 |
| DOROTHY VARON 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| ELEANOR WILLIAMS 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR THRU 7/1/23 | 2 | $0 |
| SHERRIFF BALOGUN 1295 STATE STREET, SPRINGFIELD, MA 01111 | DIRECTOR | 2 | $0 |
| SUCHARITA VARANASI 10 FAN PIER BLVD, BOSTON, MA 02210 | DIRECTOR FROM 9/14/23 | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1295 STATE STREET, SPRINGFIELD, MA 01111-1000
- In care of
- % DENNIS DUQUETTE
- Signed the 990-PF
- DENNIS DUQUETTE, PRESIDENT/CEO
- Phone
- (413) 744-5031
- Return prepared by
- KPMG LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-4967720
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $34,302,568
- Income (IRS master file)
- $58,873,009
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $58,873,009 | $48,480,876 | $34,302,568 | XML |
| 990-PF | December 2023 | $820,000 | $27,563,000 | $8,554,000 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 47-4967720).
Questions about MASSMUTUAL FOUNDATION INC
- What is the EIN of MASSMUTUAL FOUNDATION INC?
- The employer identification number (EIN) of MASSMUTUAL FOUNDATION INC is 47-4967720.
- Is MASSMUTUAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MASSMUTUAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MASSMUTUAL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASSMUTUAL 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 MASSMUTUAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MASSMUTUAL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does MASSMUTUAL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $58,873,009, expenses of $48,480,876 and total assets of $34,302,568 at year end.
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