EIN 04-3148824

Blue Cross Blue Shield of Massachusetts Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1992
Most recent tax filings
2022-12-01
NTEE code, primary
Description
To expand access to health care for vulnerable and low-income people in the Commonwealth. We collaborate with public and private organizations to broaden health coverage and reduce barriers to care, through grants, research, and policy initiatives.
Also known as...
Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Healthcare Access; Blue Cross Blue Shield of Mass FD for Expanding Healthcare Acces
Total revenues
$7,489,852
2022
Total expenses
$7,766,990
2022
Total assets
$98,000,596
2022
Num. employees
0
2022

Program areas at Blue Cross Blue Shield of Massachusetts Foundation

The mission (purpose) of the Blue Cross and Blue Shield of Massachusetts Foundation inc. is to expand Access to Health Care through grants & policy initiatives, the Foundation works with public and private organizations to broaden healthcare through grants and policy initiatives. The Foundation will focus on developing solutions that benefit uninsured, vulnerable and low income individuals and families in the commonwealth. Through catalyst grants, the Foundation is a resource for mini grants of up to $5,000 to organizations serving the Health needs of low income and uninsured residents of ma.
Dividends provide income for future grant making and mission activities
The gain or loss from sale of assets are utilized to provide for future grant making and mission activities

Who funds Blue Cross Blue Shield of Massachusetts Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Massachusetts Bay and Merrimack ValleyCommunity Impact$161,116
Endowment for HealthTo Help Newspaper, Radio, Television, and Online Reporters and Editors Do A Better Job Covering Critical Health Care Issues By Participating in A Comprehensive Curriculum Designed To Enhance Their Knowledge of Complex Health Policy Issues.$21,000
National Institute for Health Care Management Foundation (NIHCM)Exempt Purpose Related Journalism Grant.$21,000
...and 1 more grant received

Personnel at Blue Cross Blue Shield of Massachusetts Foundation

NameTitleCompensation
Audrey SheltoPresident and Chief Executive Officer$0
Ruby KamChief Financial Officer

Financials for Blue Cross Blue Shield of Massachusetts Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,230,171
Investment income and dividends$1,377,284
Net rental income$0
Net gain from sale of non-inventory assets$4,620,122
Gross sales of inventory$0
Miscellaneous revenues$262,275
Total revenues$7,489,852

Form 990s for Blue Cross Blue Shield of Massachusetts Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-10990PFView PDF
2020-122021-11-06990PFView PDF
2019-122021-05-07990PFView PDF
2018-122020-01-15990PFView PDF
...and 7 more Form 990s

Organizations like Blue Cross Blue Shield of Massachusetts Foundation

OrganizationLocationRevenue
McFaddin-Ward HouseBeaumont, TX$2,855,618
RCU FoundationEau Claire, WI$2,119,453
The Lancaster County Partners for YouthLancaster, SC$2,143,073
Companion FoundationCharleston, SC$5,916,273
Miami Dade Community ServicesMiami, FL$3,221,966
The Hunt Family FoundationEl Paso, TX$9,100,000
Joplin Historical NeighborhoodsJoplin, MO$8,035,000
Adolph Coors FoundationDenver, CO$9,584,061
The Children's TrustNew York, NY$1,911,156
Herman and Frieda L. Miller FoundationBoston, MA$3,116,603
Data update history
May 19, 2024
Received grants
Identified 2 new grant, including a grant for $21,000 from Endowment for Health
December 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Updated personnel
Identified 8 new personnel
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
October 23, 2023
Received grants
Identified 4 new grant, including a grant for $170,304 from United Way of Massachusetts Bay and Merrimack Valley
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human services
Characteristics
Political advocacyProvides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
101 Huntington Ave Suite 1300
Boston, MA 02199
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
bluecrossmafoundation.org/ 
Phone
(617) 246-6783
IRS details
EIN
04-3148824
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Blue Cross Blue Shield of Massachusetts Foundation has new information, or want to find more organizations like Blue Cross Blue Shield of Massachusetts Foundation?

Create free Cause IQ account