EIN 82-3101518

The Vertex Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2018
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Vertex Foundation is a nonprofit organization headquartered in Boston, MA, that makes grants to various charities. It is funded by Vertex Pharmaceuticals Incorporated, and last year it granted 125 grants to various organizations.
Total revenues
$10,577,980
2022
Total expenses
$8,359,984
2022
Total assets
$8,022,259
2022
Num. employees
0
2022

Grants made by The Vertex Foundation

GranteeGrant descriptionAmount
Charities Aid Foundation of AmericaDonor Advised Fund Grants$3,831,621
Together We RiseGeneral Support$26,715
Cradles To CrayonsGeneral Support$7,500
...and 5 more grants made

Personnel at The Vertex Foundation

NameTitleCompensation
Katharine JensenExecutive Director and Director$0
Krista FiedlerVice President , Tax - Vertex Pharmaceuticals

Financials for The Vertex Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,500,000
Investment income and dividends$77,980
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,577,980

Form 990s for The Vertex Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-02990PFView PDF
2021-122022-07-28990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-01-12990PFView PDF
2018-122020-01-07990PFView PDF
...and 1 more Form 990

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Data update history
September 23, 2023
Posted financials
Added Form 990PF for fiscal year 2022
September 23, 2023
Updated personnel
Identified 3 new personnel
July 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 17, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Human services
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employees
General information
Address
50 Northern Ave
Boston, MA 02210
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Phone
(617) 961-5104
IRS details
EIN
82-3101518
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
Not Operating or In Process of Dissolving
Charity Registration status
Dissolution Pending
FTB status revoked
Not revoked
AG Registration Number
CT0256761
FTB Entity ID
4080825
AB 488 data last updated ("as-of") date
2024-12-04
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