IRS 990 Nonprofit Profile

Boston Foundation Inc

Overview

We are committed to closing the gaps on this region’s greatest disparities. Founded in 1915, the Boston Foundation is one of the largest—and highest impact—community foundations in the nation, with net assets of some $1.9 billion. The Foundation is proud to be a partner in philanthropy, with nearly 1,000 separate charitable funds established by donors either for the general benefit of the community or for special purposes. The Foundation also partners thoughtfully with investors to manage its funds for maximal support of our mission. Valuing transparency, the Foundation makes available its most recent tax returns and financial statements, including investment pool performance, through links in this section.

The Boston Foundation is one of the nation’s first and most impactful community foundations. It exists to close the gap on this region’s greatest disparities in Greater Boston, working to open pathways to opportunity and build and sustain vital, prosperous and equitable communities. The Foundation advances its mission through grantmaking and partnership with nonprofit organizations, collaboration with donors and partners to pursue effective and values-aligned philanthropy, and civic leadership through research, convening, and advocacy to advance justice and equity in Greater Boston.

Sector
Public, Societal Benefit
Faith identity / affiliation
Unknown
Official website
https://www.tbf.org
Public contact
617-338-1700 · {'value': None, 'evidence': [], 'confidence': 0.05}

Community FoundationGreater Boston

Programs and Current Appeals

  • Community Wealth

    Ongoing

  • Learn about Meeting the Moment: Sustaining Families

    Ongoing

  • Meeting the Moment: Sustaining Families

    Ongoing

  • wide-reaching and culturally sensitive educational campaign

    Ongoing

  • Our Work: Community Wealth

    Ongoing

  • Skip To Content

    Ongoing

  • _Sustaining Families_

    Ongoing

Places of Operation

Public sources identify operations or appeals in 1 place.

Greater Boston

Official Sources and Evidence

This profile summarizes 8 official source pages and 91 evidence items alongside IRS Form 990 data.

Financials

Filing year
2023
Total revenue
$210.4M
Total expenses
$215.3M
Total assets
$1.9B
Program expenses
$193.4M
Administration
$18.2M
Fundraising
$3.7M
Program share of expenses
90%
EIN
42104021
Sector
Public, Societal Benefit
Location
Boston, MA

Leadership and Compensation

M Lee Pelton - President & CEO
$876K
Kate Guedj - SVP and Chief Phil. Off.
$458K
George C Wilson - Assistant Treasurer
$455K
Alfred F Van Ranst Jr - CFO & Treasurer (7/1/23-2/26/24)
$425K
Orlando Watkins - VP & Chief Prog. Officer
$356K
Keith Mahoney - VP, Comm. & Public Affairs
$341K
Imari Paris-Jefferies - Exec. Dir. Embrace Boston
$321K
Leigh Gasper - Asst.Sec.& VP
$293K
Leslie Pine - Mgr Partner, TPI
$277K
Jane Dixon - VP, HR & Culture and Talent
$275K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
20
Independent members
20

Grants

Grants to U.S. organizations and individuals
$181.6M
Grants outside the U.S.
$1.5M

Foreign Activity

Reported $1.5M in grants and assistance outside the United States (Form 990 Part IX line 3; detail on Schedule F).

www.tbf.org

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Financial data on this page is sourced from IRS Form 990 filings.