About
To provide management and oversight to the twenty-four affiliates under common control.
Donations are tax-deductible
Financial Snapshot
FY ending 2023-06-30Financial history
1617181920212223
RevenueExpenses
Latest FY2023: $25.2M · Peak FY2022: $32.8M · Avg: $20.2M
Foreign activity (Schedule F)
Total spent abroad$1.8M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
| Region | Activity | Spent |
|---|
| CAYMAN ISLANDS | — | — |
SEVEN HILLS FOUNDATION INC
Address
81 Hope AVE
Worcester, MA, 01603-221
Governance
Voting board members16
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %75.4%
Permanent endowment %24.6%
Endowment held by related orgNo
Public records
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