Boston Foundation Inc

BOSTON, MA EIN: 04-2104021 Website

As Greater Boston's community foundation, the Boston Foundation devotes its resources to improving lives and strengthening communities. See Schedule OThe Boston Foundation is 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.The Foundation fulfills this mission in three principal ways: (1) Working with nonprofit organizations through grantmaking and deep partnership to address our community's critical challenges;(2) Partnering with donors, nonprofit organizations, and companies to pursue philanthropy that is not only effective, but values-aligned and fulfilling; and (3) Utilizing civic leadership and engagement, through research, convening, and advocacy to advance justice and equity in Greater Boston.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.9B

+8.5% YoY

Annual Giving

$169.9M

+3.6% YoY

Grant Count

2,046

+0.0% YoY

Avg Grant Size

$83K

+3.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$90M$179M$269M$358M20202021202220232024
Metric202420232022
Total Assets$1,853,183,611$1,708,597,273$1,673,670,064
Revenue$210,389,550$161,296,905$324,652,362
Expenses$215,292,419$209,895,497$228,370,471
Qualifying Distributions
Net Investment Income$26,690,960$17,752,422$16,997,910
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$51M$102M$154M$205M2,579 grants20202,259 grants20212,413 grants20222,045 grants20232,046 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

New Commonwealth Racial …$11.3MEmbrace Boston Inc$6.0MJustice Catalyst Inc$5.0MBoston Ballet Inc$2.7MJustice Catalyst Law Inc$2.3MUnited Way of Massachuse…$2.1MEmerson Umbrella Inc$2.0MAssociates of the Boston…$2.0MNew England Conservatory…$1.9MPresident and Fellows of…$1.8M

Grant Size Distribution

11,342 grants across all recorded years

8058<$50K1525$50–100K1175$100–250K299$250–500K146$500K–1M132$1–5M7$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Boston Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

M Lee PeltonPresident & CEO$806KAlfred F Van Ranst JrCFO & Treasurer (7/1/23-2/26…$401KGeorge C WilsonAssistant Treasurer$393KKate GuedjSVP and Chief Phil. Off.$392KOrlando WatkinsVP & Chief Prog. Officer$335KKeith MahoneyVP, Comm. & Public Affairs$310KImari Paris-JefferiesExec. Dir. Embrace Boston$265KJane DixonVP, HR & Culture and Talent$252KLeigh GasperAsst.Sec.& VP$251KLeslie PineMgr Partner, TPI$247KPam HurdSr. Dir. Philanthropy$197KJennifer AronsonDeputy VP of Programs$197KBarbara HindleyFrmr Asst. Secretary/AVP C$193KMargaret AlexanderPartner, TPI$192KRupal DandiaVP Development/Deshpande$190KMakeeba McCrearyExec. Dir. NCF$174K

From 2024 filing

NameTitleHoursCompensation
M Lee PeltonPresident & CEO50$806,009
Kate GuedjSVP and Chief Phil. Off.50$392,052
George C WilsonAssistant Treasurer50$392,677
Alfred F Van Ranst JrCFO & Treasurer (7/1/23-2/26/24)50$400,830
Orlando WatkinsVP & Chief Prog. Officer50$335,194
Keith MahoneyVP, Comm. & Public Affairs50$310,047
Imari Paris-JefferiesExec. Dir. Embrace Boston50$264,625
Leigh GasperAsst.Sec.& VP40$250,841
Leslie PineMgr Partner, TPI50$246,761
Jane DixonVP, HR & Culture and Talent50$251,727
Jennifer AronsonDeputy VP of Programs50$196,526
Margaret AlexanderPartner, TPI50$191,824
Pam HurdSr. Dir. Philanthropy50$197,492
Barbara HindleyFrmr Asst. Secretary/AVP C40$193,440
Rupal DandiaVP Development/Deshpande40$190,358
Makeeba McCrearyExec. Dir. NCF50$174,210
Kristen O'ConnellSecretary (1/3/24-present)40
Brian DouglasCFO & Treasurer (2/26/24-present)50
Charles AndersonDirector1
Zamawa ArenasDirector1
Andrew ArnottDirector1
Vanessa Calderon-RosadoDirector1
Elyse CherryDirector1
Petrina Martin CherryDirector1
Brian ConwayDirector1
Pam Y EddingerDirector1
Betty FranciscoDirector1
Linda MasonChair1
J Keith MotleyDirector1
Kendall Burlin O'ConnellDirector1
Ronald O'HanleyDirector1
Tracy PalandjianDirector1
Dwight M PolerDirector1
Raj SharmaDirector1
Scott E SquillaceDirector1
Jane SteinmetzDirector1
Robert WaldronDirector1
CA WebbDirector1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

51states
+44 more states

Cities

AccordActonAgawamAkronAlbanyAlbuquerqueAlexandriaAllenAllstonAltaAmblerAmericusAmesAmesburyAmherstAnchorageAndoverAngolaAnn ArborAnnandale On Hudson

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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