Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health

BOSTON, MA EIN: 04-3148824

Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health is a private foundation focused on Human Services, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107.5M in total assets. In 2024, it awarded 1 grants totaling $2.7M. Net investment income was $7.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$107.5M

+3.3% YoY

Annual Giving

$2.7M

+43.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.7M

+43.5% YoY

Under IRS private-foundation payout rules, Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health reported a distributable amount of $7.4M for 2024 — the minimum it must pay out in qualifying distributions.

About Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health

Based on IRS filings

Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health is a private foundation focused on Human Services, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107.5M in total assets. In 2024, it awarded 1 grants totaling $2.7M. Net investment income was $7.1M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Boston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$21M20202021202220232024
Metric202420232022
Total Assets$107,454,283$104,059,865$98,000,596
Revenue$8,233,617$8,405,005$7,489,852
Expenses$7,626,478$7,466,261$7,766,990
Qualifying Distributions$6,050,208$5,230,401$7,413,663
Net Investment Income$7,094,253$7,778,375$5,644,079
Distributable Amount$7,414,308$4,902,256$5,226,370

Giving Over Time

Total grant dollars and number of grants per year

$0$969K$2M$3M$4M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHMENT$2.7M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Open Grants

3 open opportunities from Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attachment ($2,720,970).

RecipientPurposeAmount
SEE ATTACHMENT BOSTON, MASEE STATEMENT$2,720,970

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health?

Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health is a private foundation focused on Human Services, based in BOSTON, MA. It holds $107.5M in total assets as of 2024.

How large is Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health?

As of 2024, Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health holds $107.5M in total assets with $8.2M in annual revenue. It awarded 1 grants totaling $2.7M in 2024.

Where does Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health operate?

Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health has awarded grants in Massachusetts.

What size grants does Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health award?

In 2024, Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health awarded 1 grants totaling $2.7M — an average of about $2.7M per grant, based on its IRS Form 990 filings.

How much is Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health reported a distributable amount of $7.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health's EIN?

Blue Cross and Blue Shield of Massachusetts Foundation for Expanding Health's EIN (Employer Identification Number) is 04-3148824. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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