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Passes our checks

The Massachusetts Medical Society and Alliance Charitable Foundation

EIN 22-3199624 · Waltham, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE MMS AND THE MMS ALLIANCE, INCLUDING, BUT NOT LIMITED TO, DEVELOPING AND NURTURING COOPERATION BETWEEN INDIVIDUALS, PROFESSIONS, INSTITUTIONS, AND THE COMMUNITY. (CONT'D ON SCHED O) (CONT'D) TO CREATIVELY ADDRESS ISSUES THAT AFFECT THE HEALTH, BENEFIT, AND WELFARE OF THE COMMUNITY.

Income
$1.6 million
Spending
$399,466
Spent on programs
92%
Reserves
93.8 months of spending
Largest source of income
donations and private grants, 87%
Employees
0
Volunteers
9
Highest pay
$753,972, mms executive vice president

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 93.8 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 75% of income.

  • Income trend

    15 of 15

    Income rose 466% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100.

  • Independent board

    25 of 25

    9 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $257,408 spent. FISCAL SPONSORSHIPSTHE FOUNDATION ACTS AS FISCAL SPONSOR FOR THE MASSACHUSETTS MEDICAL SOCIETY (MMS) UNDER PRE-APPROVED GRANT RELATIONSHIPS. MMS IS THE FOUNDATION'S 501(C)(6) SUPPORTED ORGANIZATION (SEE SCHEDULE A). UNDER THESE AGREEMENTS, THE FOUNDATION RECEIVES AND ADMINISTERS RESTRICTED GRANT FUNDS FROM GRANTORS FOR CHARITABLE AND EDUCATIONAL PROJECTS. THE ORGANIZATION MONITORS PROJECT BUDGETS, ENSURES GRANT COMPLIANCE, AND DISBURSES FUNDS TO THE SUPPORTED ORGANIZATION FOR ELIGIBLE EXPENSES.IN FY25, 2 FISCAL SPONSORSHIP GRANTS WERE RECEIVED. THE GRANTS ARE INTENDED TO CREATE, CURATE, AND/OR ENHANCE NEJM ONLINE FOR THE PURPOSE OF PREVENTING DISEASE AND IMPROVING PUBLIC HEALTH. FISCAL SPONSORSHIP REVENUES IN THE CURRENT YEAR REFLECT GRANT FUNDS RECEIVED FOR MULTI-YEAR PROJECTS. BECAUSE MANY OF THE RELATED SPONSORED ACTIVITIES AND REIMBURSEMENTS WILL OCCUR IN SUBSEQUENT YEARS, CURRENT-YEAR EXPENSES ARE LOWER THAN REVENUES.
  2. $96,420 spent. GRANTS TO ORGANIZATIONSEIGHT NONPROFITS WERE AWARDED $96,420 TO IMPROVE ACCESS TO HEALTHCARE; TO ADDRESS SOCIAL DETERMINANTS OF HEALTH; TO PROVIDE QUALITY HEALTH CARE SERVICES FOR THE UNINSURED AND UNDERINSURED; AND TO SUPPORT BEHAVIORAL HEALTH PROGRAMS.
  3. $14,500 spent. GRANTS TO MEDICAL STUDENTS AND RESIDENT PHYSICIANSELEVEN MEDICAL STUDENTS FROM MASSACHUSETTS MEDICAL SCHOOLS, AND SIX RESIDENT PHYSICIANS FROM MASSACHUSETTS FACILITIES, RECEIVED GRANTS TO HELP OFFSET TRAVEL AND LODGING EXPENSES FOR STUDY IN ANOTHER COUNTRY AS THEY TRAIN TO BECOME CULTURALLY COMPENTENT PHYSICIANS WHO ARE PREPARED TO SERVE BOTH LOCAL AND INTERNATIONAL COMMUNITIES WITH HUMILITY AND RESPECT.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending May 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 1993.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.