EIN 04-2104021

The Boston Foundation (TBF)

IRS 501(c) type
501(c)(3)
Num. employees
170
City
Year formed
1915
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Boston Foundation, Greater Boston's community foundation, is one of the oldest and largest community foundations in the nation, with assets of $733 million.
Total revenues
$161,296,905
2023
Total expenses
$209,895,497
2023
Total assets
$1,708,597,273
2023
Num. employees
170
2023

Program areas at TBF

Value Statement:We are committed to closing the gaps on this region's greatest disparities. Through our resources and relationships, we work to open pathways to opportunity and build and sustain vital, prosperous and equitable communities. See Schedule O.Major goals and objectives for Program:We believe that advancing equity and closing the gaps caused by this region's greatest disparities opens pathways to opportunity, prosperity, and equitable outcomes. We have chosen four interconnected pathways to equity where we believe we can have the greatest impact. -Nurturing Strong Beginnings: Ensure that children are physically and emotionally healthy, developmentally on track and well prepared to thrive in school and adulthood.-Building Economic Opportunity: Every resident will have equitable access to high-quality career exploration and education opportunities, resources, tools and supports.-Advancing Community Wealth: Traditionally under-invested residents will build stability and individual and collective wealth through more equitable housing, business and creative systems.-Amplifying Community Leadership: Movement leaders are equipped to provide crucial leadership and support for marginalized communities and nonprofit organizations.
Carry out and evaluate philanthropic programs for individual donors, families, foundations, and corporations. Encourage a positive climate for philanthropy and actively promote effective giving through work with community foundations, Regional Associations of Grantmakers and others. Strategy, combined with the values and passionate concerns of donors, brings about giving that makes a difference.

Grants made by TBF

GranteeGrant descriptionAmount
Social FinanceOperating Support/annual Fund$4,510,000
Dana-Farber Cancer InstituteOperating Support/annual Fund$2,871,253
American Endowment FoundationTransfer To Daf$2,551,691
...and 982 more grants made totalling $148,470,980

Who funds The Boston Foundation (TBF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Davidson Dawson and ClarkGeneral Support$11,466,697
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$7,569,329
James M and Cathleen D Stone Family FoundationProgram Support$4,773,000
...and 145 more grants received totalling $62,013,253

Personnel at TBF

NameTitleCompensation
M Lee PeltonPresident and Chief Executive Officer$746,956
Brian DouglasChief Financial Officer and Treasurer
Orlando WatkinsVice President and Chief Program Officer / Vice President of Program / Vice President for Programs$319,716
Jane DixonVice President , Human Resources and Culture and Talent / Assistant Vice President , Human Resources / Associate Vice President of Human Resources / Associate Vice President , Human Resources$238,720
Kate GuedjSenior Vice President and Chief Phil Off. / Vice President and Chief Phil Off. / Vice President and Chief Philanthropy Officer / Vice President Development and Donor Ser / Director of Philanthropic Services$381,676
...and 17 more key personnel

Financials for TBF

RevenuesFYE 06/2023
Total grants, contributions, etc.$141,692,649
Program services$3,624,559
Investment income and dividends$17,461,837
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$290,585
Net income from fundraising events$-1,772,725
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$161,296,905

Form 990s for TBF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-05-11990View PDF
2021-062022-05-10990View PDF
2020-062021-05-18990View PDF
2019-062021-01-27990View PDF
...and 10 more Form 990s

Organizations like TBF

OrganizationLocationRevenue
Arizona Community FoundationPhoenix, AZ$122,702,351
The Rhode Island FoundationProvidence, RI$94,559,880
Saint Paul and Minnesota FoundationSaint Paul, MN$114,417,024
Nebraska Community Foundation (NCF)Lincoln, NE$51,510,146
San Antonio Area FoundationSan Antonio, TX$68,911,493
Philadelphia Foundation (PF)Philadelphia, PA$80,318,312
Seattle FoundationSeattle, WA$159,592,537
Communities Foundation of TexasDallas, TX$195,142,202
New Hampshire Charitable FoundationConcord, NH$65,087,484
The Denver FoundationDenver, CO$137,620,038
Data update history
August 25, 2024
Received grants
Identified 35 new grant, including a grant for $4,773,000 from James M and Cathleen D Stone Family Foundation
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 3, 2024
Updated personnel
Identified 5 new personnel
July 13, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $242,654 from American Online Giving Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
HealthDiseases and disordersCommunity improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
75 Arlington St FL 3
Boston, MA 02116
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
tbf.org/ 
Phone
(617) 338-1700
Facebook page
TheBostonFoundation 
Twitter profile
@bostonfdn 
IRS details
EIN
04-2104021
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1915
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0209714
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-06
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