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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Legal name: Boston Foundation Inc
EIN 04-2104021 · Snapshot of IRS recognition, filing currency, financial health, and governance.
Community Foundation
Pays 88% of its spending as grants (latest Form 990).
A community foundation: it holds funds given by local donors and makes grants from them.
As Greater Boston's community foundation, the Boston Foundation devotes its resources to expanding opportunities, improving lives and strengthening communities.MAJOR GOALS & OBJECTIVES:The Foundation fulfills this mission in three principal ways: (1) Working with nonprofit organizations through grantmaking and deep partnership to address our community's critical challenges;(2) Partnering with donors, nonprofit organizations, and companies to pursue philanthropy that is not only effective, but values-aligned and fulfilling; and (3) Utilizing civic leadership and engagement, through research, convening, and advocacy to advance justice and equity in Greater Boston.
Principal Officer
M Lee Pelton
Total Revenue
$426.7M
FY2024
Total Expenses
$279.9M
FY2024
Net Assets
$2.1B
Program Ratio
92.1%
expenses on programs
Employees
157
Volunteers
260
Board Members
20
Voting
20
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.