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    3. 495 Metrowest Corridor Partnership
    495 Metrowest Corridor Partnership logo

    495 Metrowest Corridor Partnership

    ActivePublic CharityCommunity Improvement
    WESTBOROUGH, MAWebsiteEIN: 16-16584061 filings on record

    About 495 Metrowest Corridor Partnership

    To advance the economic vitality, transportation, infrastructure, workforce and quality of life of the 495/MetroWest region through regional collaboration, advocacy, and strategic initiatives.

    Focus Areas

    Economic developmentTransportationWorkforce developmentHousingRegional planning and advocacy

    Who They Fund

    local small businesses and downtown merchantslocal artists and public-art practitionersmunicipalities or downtown improvement districtslocal residents and visitors to downtown/main street

    Funding Style

    capital/infrastructure grantsplace-based/project funding

    About 495 Metrowest Corridor Partnership

    495 Metrowest Corridor Partnership Inc’s recent grantmaking is defined by place-based investments in the 495/MetroWest region, with a single 2023 award of $301,708 to the Town of Natick for light-based placemaking. That kind of project funding appears across the portfolio: municipalities and downtown organizations received support for streetscapes, parking access, business directories, public art calls, and public-space improvements. The largest grants point to a practical strategy for strengthening downtowns and main streets through visible infrastructure and activation. In 2023, the foundation also gave $99,398 to the Town of Maynard for parking improvements and $91,275 to the Town of Acton for a business directory, incubator, and call for public art. Together, these grants show a focus on economic vitality and quality of life that is tied to specific local projects rather than broad operating support. The funding pattern aligns with its stated emphasis on regional collaboration, advocacy, and strategic initiatives across the 495/MetroWest corridor.

    What 495 Metrowest Corridor Partnership Funds

    Economic development is a central theme in the portfolio. The foundation gave $91,275 to the Town of Acton for a business directory, incubator, and call for public art, and $11,000 to the Town of Medfield for a business portal. Those awards connect local business visibility with downtown activity. Transportation and access also appear in the giving: the Town of Maynard received $99,398 for parking improvements, a direct infrastructure investment for a town center. Public realm work is another clear thread. The Town of Ashland received $75,000 for downtown streetscape improvements, while the Town of Marlborough received $14,817 for a main street public park. The grants are project-specific and oriented toward the built environment, with municipalities as the main recipients.

    How 495 Metrowest Corridor Partnership Gives

    Grant sizes cluster around mid-range project awards, with a p25 of $22,454, a median of $50,000, and a p75 of $93,306. The 2023 list suggests a mix of large anchor awards and smaller implementation grants, from six figures down to five figures. The recipient list in the provided data is entirely 2023, so the recent pattern is a single-year snapshot rather than a multi-year series. The foundation is a public charity, does not fund individuals, and does not make program-related investments. Its awards are place-based and appear to be made directly to public-sector or local improvement entities rather than through an open application program.

    Financial Snapshot

    Annual Giving

    $643K

    Total Assets

    $712K

    Total Revenue

    $1M

    Total Expenses

    $1M

    Typical Grant Size

    Most grants fall between $22K and $93K, with a median of $50K.

    25th Percentile

    $22K

    Median

    $50K

    75th Percentile

    $93K

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in MA.

    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    small business/economic development support
    public art commissioning

    Topics

    light-based placemakingdowntown streetscape and public realm improvementsparking and transportation access improvementssmall business incubator and online business portalbusiness directory and market visibilitymain street public park/greenspace developmentpublic art calls and cultural activation

    Where 495 Metrowest Corridor Partnership Makes Grants

    Grantmaking is local and entirely concentrated in Massachusetts: 100% of grants in the provided data went to recipients in the HQ state. The towns named in the recent grants list include Natick, Maynard, Acton, Ashland, Shrewsbury, Westborough, Marlborough, and Medfield. That spread shows activity across the 495/MetroWest corridor rather than a single municipality. The recipient country distribution is entirely U.S.-based, with 8 grants to U.S. recipients.

    Frequently Asked Questions About 495 Metrowest Corridor Partnership

    What kinds of projects does 495 Metrowest Corridor Partnership Inc fund?

    The recent grants are tied to downtown and corridor projects: light-based placemaking in Natick, parking improvements in Maynard, a downtown streetscape in Ashland, a main street public park in Marlborough, and business visibility tools such as directories and portals in Acton, Westborough, and Medfield.

    Who receives grants from this foundation?

    The listed recipients are local public entities and place-based organizations, especially towns. In the recent grants list, the foundation gave to the Town of Natick, Town of Maynard, Town of Acton, Town of Ashland, Town of Shrewsbury, Town of Westborough, Town of Marlborough, and Town of Medfield.

    How large are the grants?

    Typical grant sizes are centered in the middle of the five-figure range: p25 is $22,454, the median is $50,000, and p75 is $93,306. The recent grants list also includes one award above $300,000 and several awards between roughly $11,000 and $99,000.

    Does the foundation give outside Massachusetts?

    In the provided data, all 8 grants went to recipients in Massachusetts, and the recipient country distribution is 100% U.S. The top state by grant count is also Massachusetts.

    Latest 990 Filing

    2023

    Source: IRS Form 990-PF, fiscal year 2023.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    TOWN OF NATICKNATICK, MA$301,7082023LIGHT BASED PLACEMAKING
    TOWN OF MAYNARDMAYNARD, MA$99,3982023PARKING IMPROVEMENTS
    TOWN OF ACTONACTON, MA$91,2752023BUSINESS DIRECTORY, INCUBATOR, CALL FOR PUBLIC ART
    TOWN OF ASHLANDASHLAND, MA$75,0002023DOWNTOWN STREETSCAPE
    TOWN OF SHREWSBURYSHREWSBURY, MA$25,0002023IMPROVEMENT PROGRAM
    TOWN OF WESTBOROUGHWESTBOROUGH, MA$25,0002023ONLINE BUSINESS DIRECTORY
    TOWN OF MARLBOROUGHMARLBOROUGH, MA$14,8172023MAIN STREET PUBLIC PARK
    TOWN OF MEDFIELDMEDFIELD, MA$11,0002023BUSINESS PORTAL

    TOWN OF NATICK

    $301,708
    NATICK, MA2023

    LIGHT BASED PLACEMAKING

    TOWN OF MAYNARD

    $99,398
    MAYNARD, MA2023

    PARKING IMPROVEMENTS

    TOWN OF ACTON

    $91,275
    ACTON, MA2023

    BUSINESS DIRECTORY, INCUBATOR, CALL FOR PUBLIC ART

    TOWN OF ASHLAND

    $75,000
    ASHLAND, MA2023

    DOWNTOWN STREETSCAPE

    TOWN OF SHREWSBURY

    $25,000
    SHREWSBURY, MA2023

    IMPROVEMENT PROGRAM

    TOWN OF WESTBOROUGH

    $25,000
    WESTBOROUGH, MA2023

    ONLINE BUSINESS DIRECTORY

    TOWN OF MARLBOROUGH

    $14,817
    MARLBOROUGH, MA2023

    MAIN STREET PUBLIC PARK

    TOWN OF MEDFIELD

    $11,000
    MEDFIELD, MA2023

    BUSINESS PORTAL