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Boston Foundation INC

Public charity990-T FY2023
Foundations · BOSTON, MA · EIN 04-2104021

About

As Greater Boston's community foundation, the Boston Foundation devotes its resources to 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.

Donations are tax-deductible
Category
Foundations
Employees
170
Volunteers
250

Financial Snapshot

FY ending 2023-06-30
Revenue
$161.3M
Expenses
$209.9M
Assets
$1.7B
Liabilities
$20.5M

Financial history

$324.7M$162.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $161.3M · Peak FY2022: $324.7M · Avg: $199.6M

Foreign activity (Schedule F)

Total spent abroad$48.6M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,
Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso,
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$52K
Grants Given
$176.4M
BOSTON FOUNDATION INC
Your actions

Address

75 Arlington Street
Boston, MA, 02116-393

Governance

Voting board members19
Independent members19
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %5.4%
Permanent endowment %46.3%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.