Boston Scientific Foundation Inc
The Boston Scientific Foundation, established in 2001, has been supporting science, technology, engineering, and math education and key health initiatives for nearly 25 years in communities where Boston Scientific employees live and work. The Foundation supports problem solvers, innovators, and changemakers working to eliminate disparities in health and K-12 STEM education for economically disadvantaged populations in the United States and Puerto Rico through regional grants, disaster relief, strategic grants, and scholarships. A separate entity, Boston Scientific Foundation Europe, was founded in 2018 to help European nonprofits improve community health through innovative digital health solutions.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$28.5M
+14.8% YoY
Annual Giving
$1.2M
-46.8% YoY
Grant Count
46
-23.3% YoY
Avg Grant Size
$25K
-30.6% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,545,749 | $24,876,037 | $22,598,824 |
| Revenue | $2,287,861 | $1,656,556 | $1,176,205 |
| Expenses | $1,261,623 | $2,282,362 | $2,200,826 |
| Qualifying Distributions | $1,290,790 | $2,270,562 | $2,152,261 |
| Net Investment Income | $1,287,861 | $656,438 | $1,159,205 |
| Distributable Amount | $1,324,780 | $1,158,675 | $1,209,315 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
505 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Boston Scientific Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAORU LEE ADAIR | PRESIDENT/ DIRECTOR | 0.4 | — |
| ALEXANDRA CANNEY | TREASURER | 0.4 | — |
| MARY WISEMAN | CLERK (AS OF 12/24) | 0.4 | — |
| WENDY CARRUTHERS | CLERK AND DIRECTOR (UNTIL 12/24) | 0.4 | — |
| BRENDA BECKER | VICE PRESIDENT/ DIRECTOR | 0.4 | — |
| DAVID THOMPSON | DIRECTOR | 0.4 | — |
| MARGARET COMBS | DIRECTOR | 0.4 | — |
| EILEEN HUNTER | DIRECTOR | 0.4 | — |
| LAUREN TENGLER | DIRECTOR (AS OF 12/24) | 0.4 | — |
| CAREN KAHAN | DIRECTOR | 0.4 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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