Virginia Wellington Cabot Foundation

The Virginia Wellington Cabot Foundation is the independent philanthropic arm of Cabot-Wellington LLC, an investment management firm from Boston. The foundation gives grants to organizations such as the Tides Foundation, American Near East Refugees, Young Women Empowered, and Multifaith Alliance. The foundation states it has four main areas of giving: cultures and humanities, education and youth, conservation and environment, and health and human services. All grantees must be sponsored by a member of the Cabot family. 1 2 3

At-A-Glance

Status:

Arm of Cabot-Wellington LLC

Formation:

1992

Co-Founders:

Thomas D. Cabot and Virginia Wellington Cabot

Location: Boston, MA View on map
Tax ID: 04-6728351
Most Recent Filing: 2024
Budget (2024): Assets: $44,937,726 Revenue: $863,422 Expenses: $2,816,427

Contents

    History

    The foundation was created in 1992 by Thomas D. Cabot and his wife Virginia Wellington Cabot. 1

    Grantmaking

    Virginia Wellington Cabot Foundation granted more than $1.8 million in 2021. These were split $170,000 for culture and humanities, $474,500 for education and youth, $425,000 for conservation and environment, nearly $700,000 for health and human services, and nearly $50,000 for matching grants. Grants for the purpose of culture and humanities typically go to film and theatre. Grants for the purpose of education and youth typically go to schools and libraries. 3

    Conservation and Environment

    The Virginia Wellington Cabot Foundation spent $425,000 on conservation and environmental causes in 2021. Three key grantees are Keep America Beautiful which received $35,000; the Nature Conservancy of Vermont, Colorado, and Maine which received $65,000; and Public Employees for Environmental Responsibility which received $30,000. Keep America Beautiful is a nonprofit which focuses on conservation through recycling and litter cleaning. 4 The Nature Conservancy is a nonprofit which focuses on conservation through expanding weather dependent energy sources, like wind turbines and solar panels. 5 Public Employees for Environmental Responsibility is a nonprofit which asserts the United States benefits from an inclusive and accountable government workforce. 6

    Health and Human Services

    The Virginia Wellington Cabot Foundation spent nearly $700,000 on health and human service grants in 2021. Two important grantees are the Multifaith Alliance which received $45,000 and the Tides Foundation which received over $320,000.  The Multifaith Alliance is a nonprofit which advocates for policies which allow Syrian refugees to live in the United States. 7 The Tides Foundation is a multi-billion-dollar nonprofit which advocates for LGBT causes, abortion access, wind and solar energy sources, feminist ideologies, and voting rights. 8

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $44,937,726 $863,422 $2,816,427 View
    2023 $43,142,424 $2,079,694 $2,678,025 View
    2022 $41,116,756 $808,907 $3,081,024 View
    2021 $53,324,195 $3,306,360 $2,376,114 View
    2020 $46,181,054 $1,146,235 $1,803,646 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $39,550
    • Number of Grants: 1
    • Number of Funders: 1

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $39,5502022 US Mexico FoundationPROGRAM SERVICES

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $16,442,142
    • Number of Grants: 1,206
    • Number of Recipients: 474

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $321,3712021 Tides FoundationEXEMPT PURPOSE
    $201,5032022 Tides FoundationEXEMPT PURPOSE
    $197,0002020 Tides FoundationEXEMPT PURPOSE
    $155,0002023 Tides FoundationEXEMPT PURPOSE
    $133,1512024 Tides FoundationEXEMPT PURPOSE
    $81,5002023 PRISON BOOK PROGRAMEXEMPT PURPOSE
    $65,9002024 The Hurricane Island FoundationEXEMPT PURPOSE
    $64,0002022 The Hurricane Island FoundationEXEMPT PURPOSE
    $60,0002023 TUBA CITY HUMANE SOCIETYEXEMPT PURPOSE
    $60,0002022 Boston Lyric Opera CompanyEXEMPT PURPOSE
    $59,0002024 The Safety Team IncEXEMPT PURPOSE
    $55,5642024 Greenwich Academy IncEXEMPT PURPOSE
    $55,0002024 The Nature ConservancyEXEMPT PURPOSE
    $51,5002022 Vermont Parent Representation Center IncEXEMPT PURPOSE
    $50,5002023 Camp OndessonkEXEMPT PURPOSE
    $50,0002024 HANLEY CENTER FOUNDATION INCEXEMPT PURPOSE
    $50,0002023 Multifaith Alliance, Inc.EXEMPT PURPOSE
    $50,0002022 Hurricane Island Outward Bound SchoolEXEMPT PURPOSE
    $50,0002022 Lahey Hosoital & Medical CenterEXEMPT PURPOSE
    $50,0002022 Public Employees for Environmentalresponsibility (peer)EXEMPT PURPOSE
    $50,0002021 Comprehensive Alcoholism Rehabilitation ProgramsEXEMPT PURPOSE
    $50,0002021 Hurricane Island Outward Bound SchoolEXEMPT PURPOSE
    $48,0002022 Comprehensive Alcoholism Rehabilitation ProgramsEXEMPT PURPOSE
    $45,2002023 Shelburne FarmsEXEMPT PURPOSE
    $45,0002024 Multifaith Alliance, Inc.EXEMPT PURPOSE

    References

    1. “Mission.” Virginia Wellington Cabot Foundation. Accessed November 7, 2023. https://apply.vwcfoundation.org/.
    2. “The Virginia Wellington Cabot Foundation.” The Virginia Wellington Cabot Foundation | Boston, MA | Cause IQ. Accessed November 7, 2023. https://www.causeiq.com/organizations/virginia-wellington-cabot-fndtn-tr-121692-thomas-d,046728351/.
    3. “Virginia Wellington Cabot Foundation | to Benefit Mankind through The …” VWCFoundation.org. Accessed November 7, 2023. https://apply.vwcfoundation.org/wp-content/uploads/2022/08/VWCF-2021-Annual-Report.pdf.
    4. Vrydaghs, McCall. “Keep America Beautiful.” Keep America Beautiful, October 31, 2023. https://kab.org/.
    5. “Our Goals for 2030.” The Nature Conservancy. Accessed November 7, 2023. https://www.nature.org/en-us/what-we-do/our-priorities/.
    6. “About Peer – Protecting Public Employees.” PEER.org, June 30, 2023. https://peer.org/about-us/.
    7. “Who We Are.” Multifaith Alliance. Accessed November 7, 2023. https://multifaithalliance.org/who-we-are/.
    8. “The Tides Approach.” Tides, November 3, 2023. https://www.tides.org/approach/.