Strength in Community
MassMutual and the MassMutual Foundation are dedicated to advancing social and economic opportunities so that all families can build their financial capability and thrive. Aligned with our Live Mutual philosophy, we continually seek opportunities to help make financial well-being accessible to all Americans. The MassMutual Foundation fuels initiatives that increase financial resilience within our communities and fosters a culture of community engagement for MassMutual’s employees and affiliated financial professionals.
Focusing Our Community Support to Make a Difference
Through a wide array of community partnerships, the MassMutual Foundation helps people strengthen their financial resilience. In 2025, the Foundation supported organizations working to drive progress across our four key focus areas. The following are just a few examples:
Building
Networks
Union Capital combines technology and relationship-building to strengthen community networks. Recent support helped the organization scale growth in Springfield and Boston, Massachusetts, enabling the hiring of their first Director of Development, establishing a pathway for sustainable funding.
Funding for Neighborhood Villages bolsters early childhood education programs, meeting the needs of 900 children from 750 families in low-income neighborhoods in Boston through crucial social services needed to thrive.
Expanding
Employment Opportunities
A grant to Memphis, Tennessee-based Epicenter supported the launch of the organization’s new Innovate Xcelerate program, which aims to build an inclusive and diverse local pipeline of entrepreneurs, supporting financial resilience and economic growth for future innovators.
Support for Tech Foundry helped develop and launch new IT training curriculums and enhanced the organization’s core IT Support Training Program and Tech Hub learning lab.
Funding for Wellspring Cooperative Corporation strengthened a network of worker-owned companies in marginalized neighborhoods in Springfield, creating opportunities for low-income and unemployed residents of our home city.
Fostering
Financial Health
Doubling our commitment to the Community Foundation of Western Massachusetts supported community‑led grantmaking, empowering Springfield residents to direct grants to nonprofit organizations of their choice, aligned with the mission of the MassMutual Foundation.
Funding for Common Capital, a nonprofit Community Development Financial Institution (CDFI), helped to strengthen economic opportunity in Springfield and across Western Massachusetts through responsible small business lending to low- and moderate-income business owners. Read more about our support of CDFIs below.
A grant to CDFI Cincinnati Development Fund helped to accelerate access to affordable housing in the Cincinnati, Ohio area.
Fulfilling Basic
Financial Needs
A grant to the Boston Foundation supported the organization’s Massachusetts Affordable Homeownership Alliance (MAHA)-STASH First‑Gen Home program, the first‑in‑the‑nation matched savings program for first‑generation, first-time homebuyers in Massachusetts.
Support for the Food Bank of Western Massachusetts’s SNAP Outreach and Enrollment Assistance program helped to increase food security for low-income individuals and families in the region.
Beyond providing funding, MassMutual and the MassMutual Foundation look for opportunities to engage residents, local organizations, and community leaders to co-create solutions that address their most pressing priorities. Additionally, we harness the passion of our employees, who volunteer their time and skills to deepen the impact of our company’s efforts and put our business expertise to work by building financial resilience and expanding access to financial products.
40 nonprofits supported during our third annual
Live Mutual Week
Demonstrating Our Live Mutual Philosophy During Our Third Annual Live Mutual Week
In 2025, MassMutual employees and affiliated financial professionals donated time to more than 40 nonprofits during our third annual Live Mutual Week — a dedicated week of charitable service in which we honor our commitment to strengthening communities. Volunteers built beds and made blankets for local shelters; packed “welcome home” kits for families transitioning to permanent housing; stocked a food bank; cleaned and maintained public parks, zoos, and museum grounds; and much more.
Expanding Access to Economic Opportunity
The MassMutual Foundation continued to grow our strategic, five-year partnership with Opportunity Finance Network (OFN), the nation’s leading network and intermediary focused on community development investment. Through the Foundation’s $25 million commitment to OFN, we partner to drive innovation, scale impact, and build new infrastructure for the CDFI industry through the creation of the CDFI Innovation Initiative, a first-of-its-kind model to support and strengthen CDFIs. CDFIs are private financial institutions dedicated to expanding economic opportunities in low-income communities by making affordable, responsible financial services and products more accessible for local businesses and residents.
In 2025, the CDFI Innovation Initiative reached two key milestones:
- Established the inaugural Innovation Council, comprised of nine members from a wide variety of backgrounds, which will provide OFN with strategic insights and advice to strengthen CDFIs and identify innovative industry solutions to pressing issues.
- Launched the first cohort of the CDFI Capital Solutions Accelerator. A six-month program, the Accelerator leads participants through an innovative idea development and expansion journey. Participants are paired with technical experts and mentors, creating opportunities for collaboration, and are connected with funder and investor networks that help scale small business capitalization strategies to benefit the CDFI industry at large, well beyond the five-year partnership.
We continue to be recognized for the impact we bring to our communities. In 2025, MassMutual was named:
A World’s Most Admired Company by FortuneSee footnote 45
A Top Charitable Company by Boston Business Journal
Focusing on the Small Business Owner with Common Capital
In 2023, Alysia Bryant opened Carefree Cakery in North Amherst, Massachusetts. With the support of loan and financial counseling from OFN member and MassMutual Foundation grantee Common Capital, Bryant was able to successfully launch her fair‑trade bakery, which sources ingredients from vendors that prioritize fair pay.
“Common Capital and our fellow CDFIs across the country seek the path to ‘yes’ when other lenders say ‘no,’” explains Common Capital president Raymond Lanza-Weil. “We help underserved and underestimated entrepreneurs by building relationships and trust; we lend to people, not paper or credit scores.”
Bryant’s bakery exemplifies the proven, positive impact that CDFIs can bring to further financial opportunity in communities nationwide. “By focusing on individuals and thinking outside the box,” emphasized Lanza-Weil, “CDFIs uncover opportunities that traditional lenders missed, leading to economic growth and prosperity.”
Bridging Gaps in Financial Literacy
In June 2025, we not only met but exceeded our goal to reach 6 million students in 10 years through FutureSmartSM, a national MassMutual Foundation initiative bringing critical financial education to middle and high school students and educators. Created in partnership with EVERFI in 2015, FutureSmart delivers an effective financial literacy curriculum to students of all backgrounds across all 50 states and Puerto Rico. The program also provides free resources for students and educators to build knowledge and skills to achieve personal financial well-being.
This year, EVERFI and the MassMutual Foundation also announced the final findings of a three-year longitudinal study of financial capability among adolescents. Third-year data provides conclusive evidence that multiple financial education interventions are key to building financial security in the long term.
FutureSmart: A Decade of Impact
National Reach & Recognition
- 6M students empowered since 2015
- 50% of students reached were from low- to moderate-income communities
- 20K+ schools across all 50 states, Washington DC, and Puerto Rico
- 14M+ hours of financial education delivered
- $230K+ in 529 scholarships awarded since 2018
Research-Backed Validated ResultsSee footnote 46
- 90% of students showed a meaningful increase in financial knowledge
- +21% confidence boost for students taking multiple financial courses
- 12% greater improvement in financial behaviors among low-income students
- 44% of students want more financial education
Supporting Causes Close to the Heart of Financial Professionals
The MassMutual Foundation’s annual Community Service Award program supports eligible nonprofit organizations where our affiliated financial professionals volunteer. Since the program’s inception in 1997, the MassMutual Foundation has made more than 400 donations totaling over $4.2 million to nonprofit organizations where hundreds of our participating affiliated financial professionals have volunteered thousands of hours, truly demonstrating what it means to Live Mutual.
In 2025, the Foundation made 32 donations totaling $275,000, including two Platinum $25,000 awards:
Girls on the Run Western Massachusetts
In Honor of Jessica Holloway with The Jamrog Group
Girls on the Run is a youth development program that helps participants build confidence, set goals, and build critical life skills. Holloway launched the local chapter of this program, over time strengthening the organization’s financial position, launching alumni scholarships, and advocating for expanded access to reach more young people.
Rylee Grace Foundation
In Honor of Mike Clark with MassMutual Northern California
Inspired by his late daughter who bravely fought brain cancer, Mike Clark and his family started the Rylee Grace Foundation to provide compassionate support, hope, and dignity for children and their families during their most challenging times. The Foundation raises awareness of pediatric cancer and supports families impacted by the disease.
One Team, One Community, One Shared Purpose
Brought together by our long-held shared values, the MassMutual Foundation and the Red Sox Foundation partner each year to create programs that support education, youth, and families to make historic Fenway Park welcoming to all.
PICNIC IN THE PARK
Once a year, families from Greater Boston and Springfield, Massachusetts, are given unprecedented access to Fenway Park. In addition to receiving game tickets, youth and families attend a post-game picnic in the outfield, followed by an unforgettable evening of entertainment, celebration, and community.
FENWAY PARK LEARNING LAB
Each year, Boston Public Schools’ (BPS) sixth-grade students are invited to experience Fenway Park in a fun, immersive, and educational way. Using features within the ballpark to spark learning, the program offers activities focused on statistics, history, science, financial literacy, and more. The program is aiming to reach every BPS sixth-grader over time, and more than 2,000 sixth-graders participated during the 2024–2025 school year.
- From FORTUNE. ©2026 FORTUNE Media IP Limited. All rights reserved. FORTUNE World’s Most Admired Company (January 2026) is a registered trademark of FORTUNE Media IP Limited and is used under license. FORTUNE is not affiliated with, and does not endorse products or services of, MassMutual.
- EVERFI and MassMutual Foundation, The Importance of Multiple Financial Education Interventions.
