The foundation concentrates very large gifts to major Boston-area healthcare institutions and elite higher-education universities. Its recent giving shows a preference for institutional support (healthcare services and university funding) rather than many small nonprofits, and it directs a substantial share of assets to a few high-profile beneficiaries. The grants suggest priorities in supporting leading medical care and prestigious undergraduate institutions.
Highly concentrated giving: very few, high-dollar grants to a small number of flagship institutions. Funding is institutional and one-off or large single-year gifts rather than numerous small or community-based awards.
A $2,000,000 grant to Massachusetts General Hospital stands out in Comet Foundation F/k/a the Steinert Family Foundation’s recent giving and captures its pattern of making large institutional awards. The foundation’s grants in the latest 990 year show a strong tilt toward major healthcare and higher-education institutions, with five- and six-figure gifts recurring across Boston-area and Ivy League recipients. Massachusetts General Hospital received the largest award, while Harvard College and the President and Fellows of Harvard College each received $500,000 in separate grants across 2024 and 2025. Princeton University and Dartmouth College also appear among the larger recipients, reflecting a steady preference for established universities. Smaller awards are present too, including support for The Wily Network Inc, Pingree School, and community-serving organizations such as Steppingstone and Compassionate Care Als. The grant list suggests a funder that concentrates meaningful resources in a relatively small set of organizations, with healthcare services and university funding forming the core of its recent profile.
In healthcare, the foundation gave $2,000,000 to Massachusetts General Hospital for healthcare services and $4,241 to the American Cancer Society for health services. In higher education, it supported Harvard College with $500,000 in 2024 and another $500,000 in 2025 to the President and Fellows of Harvard College, showing continued backing for the same institution across years. Princeton University also received $500,000, and Dartmouth College appeared with both a $62,500 grant and a separate $25,000 grant to the Trustees of Dartmouth College. Beyond universities and hospitals, the funder made community-oriented awards such as $50,000 to The Gasparilla Island Conservation and Improvement Association for community services and $1,041 to Steppingstone for community services.
Comet Foundation F/k/a the Steinert Family Foundation’s recent grants range from $1,030 at the low end to $2,000,000 at the high end, with a median grant size of $50,000 and a third quartile of $375,000. The pattern is dominated by a few large institutional awards rather than many small gifts. Several recipients appear more than once across the recent grant list, including Harvard College, Dartmouth College, and Massachusetts General Hospital, which points to repeat support for selected institutions. It is a regular funder and does not fund individuals or make program-related investments.
$3.2M
$24.8M
$12M
$3.3M
Most grants fall between $4K and $375K, with a median of $50K.
25th Percentile
$4K
Median
$50K
75th Percentile
$375K
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Notable grantees: Massachusetts General Hospital, President and Fellows of Harvard College (Harvard College), Trustees of Princeton University
Grants are concentrated in Massachusetts, which accounts for 60% of recipient locations and is also the top state by grant count. Boston appears repeatedly through gifts to Massachusetts General Hospital, the American Cancer Society, and Steppingstone, while Cambridge shows support for Harvard College and the President and Fellows of Harvard College. Other Massachusetts recipients include Newton, Concord, and South Hamilton. Outside the state, the foundation gave to Princeton in New Jersey, Hanover in New Hampshire, Boca Grande in Florida, and New York, New York.
Its recent grants center on major hospitals and universities. Massachusetts General Hospital received $2,000,000, Harvard-related grants totaled $1,000,000 across 2024 and 2025, and Princeton University and Dartmouth College also received substantial support. Smaller awards extend to a few community service and education organizations.
The typical award is $50,000 at the median, with the 25th percentile at $3,620 and the 75th percentile at $375,000. The recent list also includes very large institutional gifts, such as $2,000,000 to Massachusetts General Hospital and several $500,000 grants to universities.
Yes. Harvard College appears in both 2024 and 2025 at $500,000 each time, Dartmouth College appears in 2024 and 2025, and Massachusetts General Hospital received the largest grant in 2025. That pattern suggests repeat support for selected institutions rather than one-time awards only.
Massachusetts is the main recipient state, with 60% of grants landing there and the highest grant count overall. Boston and Cambridge are especially prominent recipient cities, while grants also reached Princeton, Hanover, Boca Grande, and New York City.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| MASSACHUSETTS GENERAL HOSPITAL | BOSTON, MA | $2,000,000 | 2026 | HEALTHCARE SERVICES |
| TRUSTEES OF PRINCETON UNIVERSITY | PRINCETON, NJ | $525,000 | 2026 | EDUCATION |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | CAMBRIDGE, MA | $525,000 | 2026 | EDUCATION |
| FOR THE BENEFIT OF THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE | CAMBRIDGE, MA | $500,000 | 2026 | EDUCATION |
| FOR THE BENEFIT OF THE TRUSTEES OF PRINCETON UNIVERSITY | PRINCETON, NJ | $500,000 | 2026 | EDUCATION |
| TRUSTEES OF DARTMOUTH COLLEGE | HANOVER, NH | $275,000 | 2026 | EDUCATION |
| VANDERBILT UNIVERSITY | NASHVILLE, TN | $250,000 | 2026 | EDUCATION |
| VANDERBILT UNIVERSITY | NASHVILLE, TN | $250,000 | 2026 | EDUCATION |
| STEPPINGSTONE FOUNDATION INC | BOSTON, MA | $250,000 | 2026 | COMMUNITY SERVICES |
| FOR THE BENEFIT OF THE TRUSTEES OF DARTMOUTH COLLEGE | HANOVER, NH | $250,000 | 2026 | EDUCATION |
| NANTUCKET PERFORMING ARTS CENTER INC | NANTUCKET, MA | $250,000 | 2026 | COMMUNITY SERVICES |
| NANTUCKET COTTAGE HOSPITAL | NANTUCKET, MA | $200,000 | 2026 | HEALTH |
| ENVIRONMENTAL DEFENSE FUND | BOSTON, MA | $200,000 | 2026 | COMMUNITY SERVICES |
| EMERSON HEALTH CARE FOUNDATION INC | CONCORD, MA | $120,000 | 2026 | HEALTH |
| NANTUCKET GOLF CLUB FOUNDATION (NANTUCKET CHILDREN'S CHARITY CLASSIC) | SIASCONSET, MA | $51,000 | 2026 | EDUCATION |
| HARPER'S HOME INC | DURHAM, NC | $50,000 | 2026 | HEALTH |
| THE GASPARILLA ISLAND CONSERVATION AND IMPROVEMENT ASSOCIATION | BOCA GRANDE, FL | $50,000 | 2026 | COMMUNITY SERVICES |
| THE WILY NETWORK INC | NEWTON, MA | $30,000 | 2026 | EDUCATION |
| THE WILY NETWORK INC | NEWTON, MA | $30,000 | 2026 | EDUCATION |
| HARLEM LARCROSSE AND LEADERSHIP CORPORATION | NEW YORK, NY | $25,000 | 2026 | COMMUNITY SERVICES |
| NANTUCKET GOLF CLUB FOUNDATION | SIASCONSET, MA | $25,000 | 2026 | EDUCATION |
| VANDERBILT UNIVERSITY | NASHVILLE, TN | $25,000 | 2026 | EDUCATION |
| FOR THE BENEFIT OF THE TRUSTEES OF DARTMOUTH COLLEGE | HANOVER, NH | $25,000 | 2026 | EDUCATION |
| GEORGETOWN UNIVERSITY OFFICE OF ADVANCEMENT AND UNIVERSITY RELATIONS | WASHINGTON, DC | $25,000 | 2026 | EDUCATION |
| CONCORD FREE PUBLIC LIBRARY | CONCORD, MA | $20,000 | 2026 | EDUCATION |
| PAN-MASS CHALLENGE | NEEDHAM, MA | $18,190 | 2026 | HEALTH |
| WASHINGTON AND LEE UNIVERSITY | LEXINGTON, VA | $15,000 | 2026 | EDUCATION |
| NASHOBA BROOKS SCHOOL | CONCORD, MA | $15,000 | 2026 | EDUCATION |
| THE WILY NETWORK INC | NEWTON, MA | $13,000 | 2026 | EDUCATION |
| HUDSON VALLEY CLUBHOUSE | POUGHKEEPSIE, NY | $10,000 | 2026 | COMMUNITY SERVICES |
| HUDSON VALLEY CLUBHOUSE | POUGHKEEPSIE, NY | $10,000 | 2026 | COMMUNITY SERVICES |
| NATUCKET COTTAGE HOSPITAL | NANTUCKET, MA | $9,300 | 2026 | HEALTH |
| THE UMBRELLA ARTS CENTER | CONCORD, MA | $5,182 | 2026 | EDUCATION |
| EMERSON HEALTH | CONCORD, MA | $5,000 | 2026 | HEALTH |
| MCLEAN HOSPITAL | BELMONT, MA | $5,000 | 2026 | HEALTH |
| AMERICAN CANCER SOCIETY | BOSTON, MA | $4,241 | 2026 | HEALTH SERVICES |
| CONCORD FREE PUBLIC LIBRARY (#1501) | CONCORD, MA | $3,000 | 2026 | EDUCATION |
| CLUBHOUSE INTERNATIONAL (#1002) | NEW YORK, NY | $2,000 | 2026 | EDUCATION |
| PAN-MASS CHALLENGE | NEEDHAM, MA | $1,195 | 2026 | HEALTH |
| ALLWORTHY INC (PEAK WITH A PURPOSE IV) | SALEM, MA | $1,100 | 2026 | EDUCATION |
| STEPPINGSTONE | BOSTON, MA | $1,041 | 2026 | COMMUNITY SERVICES |
| COMPASSIONATE CARE ALS | FALMOUTH, MA | $1,030 | 2026 | COMMUNITY AND HEALTH SERVICES |
| PAN-MASS CHALLENGE | NEEDHAM, MA | $821 | 2026 | HEALTH |
| GOFUNDME (AMERICAN CANCER SOCIETY) | ATLANTA, GA | $600 | 2026 | HEALTH |
| HARVARD COLLEGE | CAMBRIDGE, MA | $500,000 | 2024 | EDUCATION |
| DARTMOUTH COLLEGE | HANOVER, NH | $62,500 | 2024 | EDUCATION |
| PINGREE SCHOOL | SOUTH HAMILTON, MA | $125,000 | 2023 | GENERAL APPEAL |
MASSACHUSETTS GENERAL HOSPITAL
$2,000,000HEALTHCARE SERVICES
TRUSTEES OF PRINCETON UNIVERSITY
$525,000EDUCATION
FOR THE BENEFIT OF THE TRUSTEES OF PRINCETON UNIVERSITY
$500,000EDUCATION
TRUSTEES OF DARTMOUTH COLLEGE
EDUCATION
STEPPINGSTONE FOUNDATION INC
$250,000COMMUNITY SERVICES
FOR THE BENEFIT OF THE TRUSTEES OF DARTMOUTH COLLEGE
$250,000EDUCATION
NANTUCKET PERFORMING ARTS CENTER INC
$250,000COMMUNITY SERVICES
NANTUCKET COTTAGE HOSPITAL
$200,000HEALTH
ENVIRONMENTAL DEFENSE FUND
$200,000COMMUNITY SERVICES
EDUCATION
HARPER'S HOME INC
$50,000HEALTH
COMMUNITY SERVICES
HARLEM LARCROSSE AND LEADERSHIP CORPORATION
$25,000COMMUNITY SERVICES
FOR THE BENEFIT OF THE TRUSTEES OF DARTMOUTH COLLEGE
$25,000EDUCATION
EDUCATION
CONCORD FREE PUBLIC LIBRARY
$20,000EDUCATION
PAN-MASS CHALLENGE
$18,190HEALTH
HUDSON VALLEY CLUBHOUSE
$10,000COMMUNITY SERVICES
HUDSON VALLEY CLUBHOUSE
$10,000COMMUNITY SERVICES
NATUCKET COTTAGE HOSPITAL
$9,300HEALTH
THE UMBRELLA ARTS CENTER
$5,182EDUCATION
EMERSON HEALTH
$5,000HEALTH
MCLEAN HOSPITAL
$5,000HEALTH
AMERICAN CANCER SOCIETY
$4,241HEALTH SERVICES
CONCORD FREE PUBLIC LIBRARY (#1501)
$3,000EDUCATION
CLUBHOUSE INTERNATIONAL (#1002)
$2,000EDUCATION
ALLWORTHY INC (PEAK WITH A PURPOSE IV)
$1,100EDUCATION
STEPPINGSTONE
$1,041COMMUNITY SERVICES
COMPASSIONATE CARE ALS
$1,030COMMUNITY AND HEALTH SERVICES
GOFUNDME (AMERICAN CANCER SOCIETY)
$600HEALTH
HARVARD COLLEGE
$500,000EDUCATION
DARTMOUTH COLLEGE
$62,500EDUCATION
PINGREE SCHOOL
$125,000GENERAL APPEAL