Women's Foundation of Boston

What Women's Foundation of Boston does

The Women's Foundation of Massachusetts (WFMA), legally "The Women's Foundation of Massachusetts" (EIN 81-5063201), is a 501(c)(3) nonprofit philanthropic foundation founded in 2017 and headquartered at 292 Newbury Street, Suite 175, Boston, Massachusetts. It operates with approximately 30 employees and a Board of Directors plus an Advisory Council. The foundation's stated mission is to economically empower women and girls across Massachusetts through strategic grantmaking, addressing the fact that only 1.3% of local philanthropic giving supports women's and girls' nonprofits (below the 1.9% national average).

WFMA's offering is structured as three grant programs directed at vetted nonprofit partners: Education Programs (STEM education and academic access for women and girls), Leadership & Mentoring Programs, and Career & Financial Empowerment Programs (job training, financial literacy, entrepreneurship). Since 2017 the foundation reports impacting more than 30,000 women and girls, and in 2026 it executed its largest-ever annual grantmaking year at $3.7 million. Programs are funded entirely through philanthropic donations and corporate sponsorships rather than commercial revenue.

The foundation's business model is donor-supported grantmaking: it mobilizes contributions from individuals, family foundations, and corporations and disburses them to grantee partners through a structured application and selection process. Major funding partners publicly listed include the Cummings Foundation, Fidelity, RBC Wealth Management, PNC Bank, Shah Family Foundation, and Analog Devices (Signature Sponsor). Distribution channels include a website (wfma.org), email newsletter, events, a Corporate Partnership Program, and Donor-Advised Funds. WFMA holds a 2026 Candid Platinum Seal of Transparency and is a member of the Women's Funding Network; Mother Caroline Academy is a named grantee partner. Operating geography is limited to Massachusetts.

Name

Women's Foundation of Boston

Legal name

The Women's Foundation of Massachusetts

Website

https://wfboston.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

The Women's Foundation of Massachusetts is a 501(c)(3) nonprofit founded in 2017 that mobilizes philanthropic donations to fund strategic grants for nonprofits serving women and girls in Massachusetts across education, leadership, and career/financial empowerment.

Ownership category

akta.pro rank

Product category

Philanthropic Grantmaking Foundation

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Public Charities & Grantmaking Intermediaries (BPAGAKAE), Social Justice & Human Rights Grantmaking Foundations (BPAGAKAN)

Keywords

• Women's philanthropic grantmaking
• Nonprofit foundation funding
• Women economic empowerment
• Grant program administration
• Gender equity philanthropy

Headquarters

HQ city

Boston, Massachusetts

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Others, Personnel, Operations, Marketing or Sales

Distribution channels1 record

Marketing channels5 records

Core offering

The Women's Foundation of Massachusetts is a 501(c)(3) nonprofit philanthropic foundation that mobilizes donor contributions and redistributes them as strategic grants to nonprofit organizations serving women and girls across Massachusetts. Grantmaking is concentrated across three program areas: Education (STEM education), Leadership & Mentoring, and Career & Financial Empowerment (job training, financial literacy, entrepreneurship). In 2026, the foundation directed $3.7 million in grants through this program structure.

Product overview

The Women's Foundation of Massachusetts is a 501(c)(3) nonprofit organization that operates as a philanthropic grantmaking foundation rather than a technology product company. The Foundation's offering consists of strategic grantmaking services across three program areas: Education Programs (supporting STEM education), Leadership & Mentoring Programs, and Career & Financial Empowerment Programs (including job training, financial literacy, and entrepreneurship). These programs are funded through donor contributions and distributed to nonprofit partner organizations working with women and girls across Massachusetts.

Differentiator

Problem solved

Functional benefit

Products and services

• Education Programs Funding for STEM education and academic programs that empower women and girls in Massachusetts, delivered through grants to nonprofit partner organizations.
• Leadership & Mentoring Programs Grant-funded initiatives focused on developing leadership skills and providing mentoring support for women and girls in Massachusetts.
• Career & Financial Empowerment Programs Grants supporting job training, financial literacy, and entrepreneurship programs for women and girls in Massachusetts.

Quantifiable outcome

• More than 30,000 women and girls impacted since 2017

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Women's Funding NetworkcoreStrategic or Co-development PartnerNetwork membership providing access to resources, best practices, and collaboration with other women's foundations globally.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Dallas Women's Foundation: A regional women's foundation supporting economic security for women and girls in North Texas. Directly comparable in regional scope and women's economic empowerment focus.
• Chicago Foundation for Women: A regional women's foundation funding economic security and ending gender-based violence across the Chicago area. Comparable in mission, structure, and grantmaking focus.
• Women's Foundation of California: A statewide women's foundation funding economic security, leadership, and advocacy for women and girls in California. Directly comparable in geographic scope, mission, and grantmaking approach.
• Women's Foundation of Colorado: A statewide foundation investing in the economic self-sufficiency of women and girls in Colorado. Comparable as a state-wide women's foundation with a similar grantmaking focus.
• The New York Women's Foundation: A regional women's foundation that mobilizes philanthropic capital to invest in gender equity across New York City. Most comparable peer in mission, structure, and grantmaking model.

Regional players

• The Boston Foundation: Greater Boston's community foundation serving a broad set of causes in the same geography. Comparable as a Massachusetts-based grantmaker but with a much broader issue mandate.
• Women's Foundation of Southern Arizona: A regional women's foundation focused on economic justice and gender equity in southern Arizona. Comparable as a regional women's foundation with similar programmatic areas.
• Women's Fund of Western Massachusetts: A regional women's fund supporting women and girls in western Massachusetts. Comparable in mission but operates as a sub-regional fund rather than statewide.

Broad incumbents

• Global Fund for Women: An international women's foundation supporting gender equity globally. Comparable in mission but operates internationally and at significantly greater scale.
• Ms. Foundation for Women: A national women's foundation funding grassroots organizations across the U.S. Comparable in mission but operates at a much larger national scale and broader policy advocacy focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/womens-foundation-of-boston

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Women's Foundation of Boston