State Street Foundation

Private foundation · EIN 56-2615567 · since 2007statestreet.com/us/en/about/sustainability/strengthening-our-communities·International·Updated 13 October 2026

At a glance

$21.6M

Annual giving, 2024 tax year

From the Form 990-PF filing

Open to applications

Rolling, no deadlines · unsolicited applications welcome

Key takeaways

State Street Foundation supports organisations working on educational achievement and employability for people aged 14 and older, with a particular focus on socio-economically disadvantaged populations, in communities where State Street has a business presence; its stated geographic priority is around the world.
It gives as general operating or unrestricted support, but does not state a grant range, so you should not assume a particular size of request.
Applications are accepted on a rolling basis, but start with an Expression of Interest, and only organisations selected from that stage are invited to submit a full application, so expect a staged and competitive process.
You'll need a demonstrated track record in this field, a current strategic or business plan, alignment with the Foundation's mission, and the ability to report measurable outcomes.
If you are in North America, note that its guidelines rule out capital purposes, disease-specific or medical research, endowments, political or legislative-influencing organisations, labor or fraternal organisations, religious-purpose organisations, government entities other than accredited schools, active military causes, individual scholarships or other financial aid, team or sporting event sponsorships, travel for individuals or groups, and any request tied to a benefit for State Street or made by a government official with decision-making authority over State Street's business.

Overview

State Street Foundation is a US private foundation based in Boston, MA.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

State Street Foundation seeks to promote economic opportunity by reducing gaps in educational achievement and employability. It makes general operating and unrestricted investments in nonprofit charitable organisations and accredited schools in communities where State Street has a business presence. Eligible organisations have a demonstrated track record supporting people aged 14 and older in education and employability, benefit their local community and align their mission with the Foundation’s strategy. The Foundation prioritises leadership in addressing these gaps for socio-economically disadvantaged populations in its locations. Its stated outcomes include access to basic skills and secondary education, participation in college and vocational or technical credentials, and connections with meaningful employment, including entrepreneurship. Organisations are expected to demonstrate measurable outcomes through reporting.

Themes

Educational achievement
Employability

Geographic Focus

Priority: Around the world.

What They Don't Fund

North America Grantmaking Guidelines only: Capital purposes; Disease-specific initiatives and/or medical research; Endowments; Political causes, organizations, candidates or campaigns; Organizations whose primary purpose is to influence legislation; Political, labor or fraternal organizations; Organizations whose primary purpose is religious in nature; Governmental entities other than accredited schools; Active military causes; Individual pursuits, including scholarships and other forms of financial aid; Team sponsorships or sporting events; Travel for individuals or groups; Requests made in consideration of any benefit to State Street, including an award for new business or renewal of existing business with State Street; Requests made by a government official with decision-making authority concerning business with State Street

How to apply

Organisations begin by submitting an Expression of Interest (EOI). Those selected through the EOI process are invited to complete a full grant application.

Application success factors

What the foundation says:

Organisations should have a demonstrated track record supporting people aged 14 and older in educational achievement and employability.
Organisations should demonstrate leadership in addressing gaps in education and employability for socio-economically disadvantaged populations in State Street’s locations.
Organisations must have a current strategic or business plan that clearly sets out their goals and tactics.
Organisations must benefit their local community and have a mission that aligns with the Foundation’s mission and strategy.
Organisations must demonstrate measurable outcomes through reporting.

Officers and directors

Monica Franceschini — Clerk (Director)
Beth Shaefer — Treasurer (Director)
Midori Morikawa — Vice President (Director)
Joan Christel — President (Director)

From the latest Form 990-PF filing

3 years of tax filings

Year	Total expenses	Grants paid	Assets	Filing document
2022 tax year	$20,307,015	$20,246,980	$0	Filing for 2022 tax year
2023 tax year	$26,100,251	$25,779,865	$12,058,141	Filing for 2023 tax year
2024 tax year	$21,829,042	$21,596,114	$16,237,899	Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.