Boston Foundation Inc

Boston, MA, 021163936 (617) 338-1700 Est. 1915 EIN 04-2104021
T310 - Philanthropy & Grantmaking 990 - Public charity return 501(c)(3)
www.tbf.org

Mission

As Greater Boston's community foundation, the Boston Foundation devotes its resources to expanding opportunities, improving lives and strengthening communities. See Schedule OThe 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.

Giving Portfolio

Total Grants
13,830
Total Giving
$1.1B
Recipients
10,704
Years Active
2017 - 2024
Avg grant: $76,213 Median: $20,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242375$228.4M $96K6161442
20222045$164.0M $80K3521454
20212413$185.8M $77K4571419
20202259$158.3M $70K4661250
20192579$204.8M $79K865943
20172159$117.5M $54K14400

Sectors Funded

Education
2438
Human Services
1498
Arts, Culture & Humanities
1460
Philanthropy & Grantmaking
704
Environment
694
Health Care
616
International & Foreign Affairs
579
Community Improvement
491
and 18 more sectors

Top States

Massachusetts
8654
New York
1256
California
603
District of Columbia
494
Florida
227
Maine
186
New Hampshire
179
Connecticut
173
and 43 more states

Grantee Size Profile

$1M - $5M
3539
Over $50M
2662
$10M - $50M
2648
$5M - $10M
1496
$100K - $500K
966
$500K - $1M
850
Under $100K
352

Top Grantees

Page 1 of 3
$15.3M
$14.9M
MA - 11 grants
$14.2M
MA - 17 grants
$11.3M
MA - 9 grants
$10.6M
MA - 10 grants
$9.1M

Grants Awarded · 13428 grants

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Financials

Total Revenue
$426,656,046
Total Expenses
$279,853,597
Net Assets
$2,129,602,798
157 employees 260 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
7.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 102.8%
Expenses ↑ 30.0%
Revenue Sources
Contributions 91.1% Earned revenue 0.9% Investment 8.0%
Expense Breakdown
Program 92.1% Management 6.4% Fundraising 1.4%

Officers & Trustees (36)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$426,656,046 ↑$279,853,597$2,129,602,798
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$161,296,905 ↓$209,895,497$1,688,124,910
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$324,652,362 ↓$228,370,471$1,661,345,458
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$325,590,260 ↑$198,258,173$1,670,739,530
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$182,767,888 ↓$240,461,702$1,192,594,695
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$225,434,521 $150,727,991$1,225,241,526

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EIN: 04-2104021 · Source: IRS Form 990 e-file data