Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Michael E Porter Family Foundation, based in Albany, NY, is a philanthropic organization with assets totaling $12,260,797. In the most recent fiscal period, the foundation reported expenses of $393,746 and revenue of $5,865,822. The foundation does not specify particular subject areas of focus but has funded initiatives in cities such as Boston, Cambridge, Princeton, and Roxbury, primarily in the states of Massachusetts and New Jersey. The foundation's board includes trustees Sonia T Smyth and Ilana Z Porter, both of whom serve without compensation. The foundation's activities and funding decisions are likely influenced by its leadership and their interests, although specific funding priorities are not detailed in the available information.
Focus Areas
Geographic Focus
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Financials
+2.6% from previous year
3 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $203,312 | INITIATIVE FOR A COMPETITIVE INNER CITY INC | General Charitable Needs | Roxbury, MA, US | 2024 |
| $99,793 | BOSTON BOOK FESTIVAL | General Charitable Needs | Cambridge, MA, US | 2024 |
| $75,000 | INITIATIVE FOR A COMPETITIVE INNER CITY INC | General charitable | Roxbury, MA, US | 2023 |
| $50,000 | INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASU | GENERAL CHARITABLE | Boston, MA, US | 2023 |
| $50,000 | INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASU | General Charitable Needs | Boston, MA, US | 2024 |
| $25,000 | INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASU | GENERAL CHARITABLE | Cambridge, MA, US | 2022 |
| $25,000 | INITIATIVE FOR A COMPETITIVE INNER CITY INC | General charitable | Roxbury, MA, US | 2022 |
| $25,000 | BOSTON BOOK FESTIVAL | GENERAL CHARITABLE | Cambridge, MA, US | 2023 |
| $22,603 | TRUSTEES OF PRINCETON UNIVERSITY | GENERAL CHARITABLE | Princeton, NJ, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
ST
Sonia T Smyth
| Trustee | $0 | 2024 |
IZ
Ilana Z Porter
| Trustee | $0 | 2024 |
Sonia T Smyth
Trustee
Ilana Z Porter
Trustee
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025