Demoulas Market Basket Foundation
/OVERVIEW: The Demoulas Market Basket Foundation is the philanthropic vehicle of supermarket mogul Arthur T. Demoulas and family. The foundation’s Boston philanthropy focuses on schools, youth, hospitals, health organizations, and churches.
IP TAKE: The foundation keeps a low profile, but accepts unsolicited nonprofit applications for funding. This funder is accessible despite it’s lack of transparency, so consider giving it a close look if you serve in it’s areas of interests. It’s very approachable, but note it has very little staff to field your calls, so keep calling if needed.
Grantmaking here is broad, but focused within it’s areas. Since it accepts LOIs and sometimes even unsolicited applications, make sure to call this funder first.
PROFILE: Established in 1964, the Demoulas Market Basket Foundation is a private foundation in Massachusetts. Raised in Lowell, Arthur Telemachus Demoulas entered the family business at Demoulas Super Markets in the Boston area. Demoulas and family also engage in philanthropy and move charitable contributions through this foundation. Grantmaking interests include hospitals and health organizations, youth organizations, religious, education, and cultural and civic organizations.
Grants for Public Health, Religious Education, and Youth
The foundation keeps a low-profile and apart from Demoulas, only has one other trustee on the books. It’s grantmaking appears focused on it’s areas of giving, but broad in scope. A sampling of recent grantees in Boston includes Lowell General Hospital, Beth Israel Deaconess Medical Center, Boys & Girls Club of Souhegan Valley, Boston College, Greater Lowell Technical High School, and Assumption of the Virgin Mary Greek Orthodox Church.
Important Grant Details:
In a recent year, this foundation gave away approximately $1.4 million. During the year, close to $387,000 went to schools, colleges and universities. The second largest amount of money went to hospitals and health organizations, at $375,000. Learn more about past giving in the funder’s recent tax records. The foundation is based in Chelmsford, Massachusetts and focuses much of its giving locally. The foundation does not publish extensive grantseeker guidelines, but simply requests letters from grantseekers that identify the need for contributions.
The foundation does accept letter requests from local nonprofits and may fund unsolicited applications. The phone number for the foundation is 978-244-1024.
PEOPLE:
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