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EIN 04-2103576

Benjamin Franklin Cummings Institute of Technology (BFIT)

IRS 501(c) type
501(c)(3)
Num. employees
155
City
Boston
State
Massachusetts
Year formed
1913
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
Benjamin Franklin Institute of Technology (BFIT) is an affordable, urban college serving the Boston region and committed to student success and career readiness in technology fields.
Also known as...
Benjamin Franklin Institute of Technology; Franklin Foundation
Total revenues
$19,382,762
2023
Total expenses
$16,875,340
2023
Total assets
$22,696,356
2023
Num. employees
155
2023

Who funds Benjamin Franklin Cummings Institute of Technology (BFIT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Oneworld BostonEducation$1,000,000
Fidelity Non-Profit Management FoundationTechnology & Equipment$460,000
The Hamilton Company Charitable FoundationGeneral$300,000
...and 33 more grants received totalling $3,250,305

Personnel at BFIT

NameTitleCompensation
Aisha FrancisPresident and Chief Executive Officer / Chief of Staff$261,081
Kevin L HepnerChief Financial Officer$147,651
Michael GoldsteinChief Innovation Officer and Interim Dean of Admissions
Courtney Roy-BraniganChief Campaign Officer$145,083
Kristen HurleyChief Strategy Officer / Director of Strategic Partnerships$133,801
...and 21 more key personnel

Financials for BFIT

RevenuesFYE 06/2023
Total grants, contributions, etc.$9,770,719
Program services$9,426,991
Investment income and dividends$6,944
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$177,545
Net gain from sale of non-inventory assets$563
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$19,382,762

Form 990s for BFIT

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-03990View PDF
2022-062023-05-12990View PDF
2021-062022-05-04990View PDF
2020-062021-05-25990View PDF
2019-062020-08-10990View PDF
...and 7 more Form 990s

Organizations like BFIT

OrganizationLocationRevenue
Presbyterian CollegeClinton, SC$67,335,105
Central Christian College of KansasMcpherson, KS$14,622,092
Westminster UniversitySalt Lake City, UT$75,330,203
Eastern Mennonite University (EMU)Harrisonburg, VA$54,688,488
Bluefield UniversityBluefield, VA$25,908,052
Ferrum CollegeFerrum, VA$43,486,308
Mitchell Hamline School of LawSaint Paul, MN$62,006,087
American Jewish University (AJU)Los Angeles, CA$27,115,809
Wittenberg UniversitySpringfield, OH$78,702,689
Frontier Nursing University (FNU)Versailles, KY$41,554,362
Data update history
October 23, 2024
Received grants
Identified 6 new grant, including a grant for $60,000 from Jobs for the Future (JFF)
July 23, 2024
Received grants
Identified 9 new grant, including a grant for $152,500 from The Boston Foundation (TBF)
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 13 new grant, including a grant for $1,000,000 from Oneworld Boston
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
41 Berkeley St
Boston, MA 02116
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
franklincummings.edu/ 
Phone
(617) 588-1368
Facebook page
franklintech 
Twitter profile
@bfitinvolved 
IRS details
EIN
04-2103576
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1913
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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