Highland Street Connection is an independent non-profit foundation based in Newton, Massachusetts. Established in 1989 by David J. McGrath, Jr. the foundation provides grants for many areas which includes housing, homelessness prevention, child welfare, education, environment, health care, and the arts. The assets of the foundation are managed by the board of trustees.Highland Street Connection's investment portfolio is valued at $172.86 million, with investments in domestic and international equity, fixed income, private equity, hedge funds, and cash.