OVERVIEW: The Demoulas Foundation is the philanthropic vehicle of supermarket mogul Arthur T. Demoulas and family. The foundation’s Boston philanthropy focuses on schools, health organizations, and more. The family is also rather supportive of churches.
IP TAKE: The foundation keeps a low profile but accepts applications.
FUNDING AREAS: Hospitals and Health & Organizations, Youth Organizations, Religious, Education, Cultural & Civic Organizations
PROFILE: Lowell, Massachusetts raised 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 the Demoulas Foundation, which was founded in the 1960s.
The foundation keeps a low-profile and apart from Demoulas, only has one other trustee on the books. The foundation does accept letter requests and in a recent year gave away around $1.4 million.
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.
In a recent 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.
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Arthur T. Demoulas, Demoulas Foundation
286 Chelmsford Street
Chelmsford, MA 01824