Overview
What is Boston Foundation Inc?
The Boston Foundation Inc, based in Boston, Massachusetts, serves as Greater Boston's community foundation, dedicated to fostering a thriving city and region where justice and opportunities are accessible to all. They accomplish this mission through three key areas: making grants to nonprofits, partnering with donors for high-impact philanthropy, and acting as a civic hub and center of information. The Boston Foundation focuses on various impact areas, including education, arts and culture, health and wellness, jobs and economic development, neighborhoods and housing, and addressing social justice issues. Their goals include promoting equity, building healthy communities, and advancing economic mobility among residents.
Official website here: www.tbf.org
Is Boston Foundation Inc legitimate?
Boston Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,128,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,738,998
For more financial information, click here
Official website here: www.tbf.org
What is the mission statement of Boston Foundation Inc?
The Boston Foundation serves as a community foundation, channeling its resources towards creating a thriving city and region where justice and opportunities are accessible to all. Its mission is realized in three primary ways: firstly, by granting funds to non-profit organizations and developing special initiatives to tackle community challenges; secondly, through partnerships with donors and other funders to foster high-impact philanthropy; and thirdly, as a civic hub and center for information exchange, identifying critical levers for change and promoting shared visions for the future.
Official website here: www.tbf.org
Who is the CEO of Boston Foundation Inc?
M Lee Pelton is the President & Ceo of Boston Foundation Inc. The CEO's salary of Boston Foundation Inc is $419,978 and their total compensation is $455,936.
Official website here: www.tbf.org
What is the revenue of Boston Foundation Inc?
Who are the executives of Boston Foundation Inc and what are their salaries?
The average compensation at Boston Foundation Inc during 2022 was $97,811. There are 152 employees and 280 volunteers at Boston Foundation Inc.
Here are 37 key members and their salaries (Boston Foundation Inc's CEO's salary is $419,978 and their total compensation is $455,936):
- Paul S Grogan (Former President & Ceo)
- M Lee Pelton (President & Ceo)
- George C Wilson (Assistant Treasurer)
- Alfred F Van Ranst Jr (Cfo & Treasurer)
- Kate Guedj (Vp And Chief Phil. Off.)
- Orlando Watkins (Vp Of Program)
- Keith Mahoney (Vp Communications)
- Leslie Pine (Mgr Partner, Tpi)
- Kristin Mcswain (Exec. Dir. Bos. Opportunit)
- Imari Paris-Jefferies (Exec. Dir. Embrace Boston)
- Margaret Alexander (Partner, Tpi)
- Pam Hurd (Sr. Dir. Philanthropy)
- Rosalyn Bonaventure (Controller)
- Jane Dixon (Vp Of Human Resources)
- Barbara Hindley (Frmr Asst. Secretary/Avp C)
- Stephan Chan (Frmr Secretary (7/1/21-8/27/21))
- John Ho (Secretary (8/27/21- Present))
- Zamawa Arenas (Director)
- Andrew Arnott (Director)
- Vanessa Calderon-Rosado (Director)
- Elyse Cherry (Director)
- Brian Conway (Director)
- Pam Y Eddinger (Director)
- Betty Francisco (Director)
- Paul Gannon (Director)
- Paul Lee (Director)
- Linda Mason (Chair) [Trustee/Director]
- Myechia Minter-Jordan (Director)
- J Keith Motley (Director)
- Peter Nessen (Director)
- Ronald O'Hanley (Director)
- Tracy Palandjian (Director)
- Dwight M Poler (Director)
- Tj Rose (Vice-Chair) [Trustee/Director]
- Scott E Squillace (Director)
- Kate Walsh (Director)
- Ca Webb (Director)
Official website here: www.tbf.org
Where can I find the form 990 for Boston Foundation Inc?
The Boston Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.tbf.org
Learn more at the official website: www.tbf.org
Mission Statement of Boston Foundation Inc
The Boston Foundation, a leading community foundation in Greater Boston, is dedicated to strengthening and sustaining a thriving city and region where justice and opportunity are accessible to all. By channeling its resources effectively, the Boston Foundation achieves its mission in three primary ways.
First and foremost, it grants funds to nonprofit organizations and creates special initiatives to tackle the community's pressing challenges. This targeted giving approach aims to make a significant impact in various areas, from education and health to social services and the arts.
Second, the Boston Foundation partners with donors and other funders to amplify the power of philanthropy. Through collaborative efforts, it helps facilitate high-impact giving, ensuring that resources are allocated efficiently and effectively to generate maximum positive change.
Lastly, the Boston Foundation functions as a civic hub and hub of information, facilitating the exchange of ideas and identification of strategic initiatives. By fostering dialogue and cooperation among various stakeholders, it drives the development of shared agendas for a better future. In essence, the Boston Foundation plays a pivotal role in catalyzing positive change and promoting the greater good within the Greater Boston community.
Impact
This information is meant to be a general summary of Boston Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Boston Foundation Inc's impact is focused on fostering a vital and prosperous city and region where justice and opportunity are extended to everyone. Through its grant-making to nonprofit organizations and special funding initiatives, the Foundation addresses critical challenges in Greater Boston. It also works in partnership with donors and other funders to achieve high-impact philanthropy, aiming to create a more equitable and inclusive community. Additionally, as a civic hub and center of information, the Foundation facilitates the sharing of ideas, identifies levers for change, and develops common agendas for the future, contributing to the overall well-being and vibrancy of Boston and its residents.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fee Revenue
Revenue
$3,382,253
Organization Details
Founding Year
1915
Phone
(617) 338-1700
Principal Officer
M Lee Pelton
Main Address
75 Arlington Street FL 3, Boston, MA, 021163936
Website
www.tbf.org
NTEE Category
Code: T31 - Philanthropy
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