Massdevelopment Hefa Trust
Grantmaking foundation in Boston, Massachusetts · EIN 04-3379905
- Massachusetts
- Boston
- Philanthropy, Voluntarism and Grantmaking Foundations
- Philanthropy, Voluntarism and Grantmaking Foundations in Massachusetts
- Total giving
- $100KTax year 2025
- Total assets
- $11MLatest reported
- Latest IRS filing
- 2025Form 990 / 990-PF
Mission
THE TRUST MAY PROVIDE FUNDS (I) FOR THE BENEFIT OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MASSDEVELOPMENT), A QUASIPUBLIC ENTITY, TO REDUCE CHARGES THAT IT OTHERWISE WOULD IMPOSE ON CERTAIN INSTITUTIONS USING ITS SERVICES AND (II) FOR THE BENEFIT OF (SEE SCHEDULE O) CERTAIN CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT THE FORMER MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY, PRIOR TO ITS MERGER BY LAW INTO MASSDEVELOPMENT, WAS AUTHORIZED BY STATUTE TO ASSIST.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Manet Community Health Center | $81K | 2021 |
| Charles River Community Health Inc | $50K | 2021 |
| Codman Square Health Center | $50K | 2021 |
| Community Health Centers of Franklin County Inc | $50K | 2021 |
| Community Health Connections Inc | $50K | 2021 |
Amounts are rounded. The full grantee list is available with a free account.
Website: www.massdevelopment.com
See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.
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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.