Boston Foundation Inc

Public charity · Grantmaker Boston, MA EIN: 04-2104021

Boston Foundation Inc is a public charity based in Boston, Massachusetts. Founded in 1915, it is Greater Boston’s community foundation and uses grantmaking, partnerships, research, convening and advocacy to address regional disparities and strengthen communities.

Boston Foundation Inc at a glance

In short: Boston Foundation Inc gave $228.4M across 2,375 grants in 2025 (avg $96K), mostly in Massachusetts. 25% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$228,371,395
+34.4% vs 2024
Grants made (2025)
2,375
+16.1% vs 2024
Average grant
$96,156
+15.8% vs 2024
Median grant
$25,000
Total assets
$2,145,008,944
+15.7% vs 2024
New grantees (estimate)
25% first-time grantees (511 of 2,052, 2025)
Primary geography
Massachusetts (68% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Boston Foundation Inc

Next open deadline
October 30, 2026 (Boston Foundation: Safety Net Grants)
Contact

Mailing address: 75 Arlington Street Fl 3, Boston, MA 02116-3936
Phone: (617) 338-1700

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Boston Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Partners Healthcare System Inc: $7.1M across 3 grantsPartners Healthcare System Inc$7.1M · 3 grantsBank of America Charitable Gift Fund: $6.6MBank of America CharitableGift Fund$6.6MFidelity Investments Charitable Gift Fund: $5.4M across 2 grantsFidelity InvestmentsCharitable Gift Fund$5.4M · 2 grantsTrustees of Tufts College: $5.2M across 3 grantsTrustees of Tufts College$5.2M · 3 grantsMcLean Hospital: $4.4M across 3 grantsMcLean Hospital$4.4M · 3 grantsUnited Negro College Fund Inc: $4.0M across 2 grantsUnited Negro College Fund Inc$4.0M · 2 grantsPresident and Fellows of Harvard College: $3.8M across 7 grantsPresident and Fellows ofHarvard College$3.8M · 7 grantsThe Barack Obama Foundation: $2.6MThe Barack Obama Foundation$2.6MNew Profit Inc: $2.6MNew Profit Inc$2.6MEmbrace Boston Inc: $2.5MEmbrace Boston Inc$2.5M

The largest 2025 recipient was Partners Healthcare System Inc ($7.1M across 3 grants). Together the top 10 received $44.4M.

Organizations only. It also paid 12 individual scholarships ($686,500), which are not listed by name.

Grant Size Distribution

11,138 grants across all recorded years

7729<$50K1561$50–100K1214$100–250K337$250–500K155$500K–1M133$1–5M9$5M+

The most common grant size was under $50K: 7,729 grants of 11,138 (69%).

Geographic Focus

Where this funder awards grants

The Safety Net Grants program identifies eligible communities in Essex, Middlesex, Norfolk, Plymouth and Suffolk counties, with a focus on communities of greatest need, including specified areas of Boston, Chelsea, Everett, Revere, Lynn, Brockton and Lowell. In the Foundation’s 2025 grantmaking, 68% of grant dollars went to Massachusetts recipients, followed by New York at 8%, California at 4%, Ohio at 3% and the District of Columbia at 2%.

Grant Distribution by State

52states

Share of 2025 grant dollars across all 2,375 itemized grants.

Cities

BostonNew YorkCambridgeWashingtonRoxburyDorchesterJamaica PlainConcordBrooklynBrooklineSan FranciscoLexingtonChicagoWalthamChelseaLos AngelesEast BostonNewtonDedhamOakland

Is Boston Foundation Inc open to new grantees?

25%

first-time grantees, 2025

In 2025, 511 of 2,052 grantees (25%) were first-time recipients. First grants averaged $63K; repeat grants $127K. How we count

Medians: $16K first-time, $29K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving grew 23% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100M$200M$300M2,579 grants2020 2,259 grants2021 2,413 grants2022 2,045 grants2023 2,046 grants2024 2,375 grants2025

From 2020 to 2025, annual grant giving ranged from $158.3M (2021) to $228.4M (2025). In 2025 it made 2,375 grants totaling $228.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bank of America Charitable Gift Fund Boston, MATransfer to DAF$6,645,940
Partners Healthcare System Inc Boston, MAOperating Support/Annual Fund$5,603,180
Fidelity Investments Charitable Gift Fund Cincinnati, OHTransfer to DAF$5,376,841
Trustees of Tufts College Medford, MAScholarship$5,005,000
McLean Hospital Belmont, MACapital Campaign$4,250,000
United Negro College Fund Inc Boston, MAEducation$4,003,770
The Barack Obama Foundation Chicago, ILOperating Support/Annual Fund$2,650,000
New Profit Inc Boston, MAOperating Support/Annual Fund$2,601,500
Embrace Boston Inc Boston, MAOperating Support/Annual Fund$2,543,023
Carbon Mapper Inc Pasadena, CAOperating Support/Annual Fund$2,500,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$2,145,008,944$426,656,046$279,853,597$228,371,3952,375$34,036,201
2024$1,853,183,611$210,389,550$215,292,419$169,909,8592,046$26,690,960
2023$1,708,597,273$161,296,905$209,895,497$164,034,2852,045$17,752,422
2022$1,673,670,064$324,652,362$228,370,471$185,812,0862,413$16,997,910
2021$1,683,793,346$325,590,260$198,258,173$158,267,5592,259$14,094,439
2020$1,201,631,617$182,767,888$240,461,702$204,777,9202,579$12,160,640

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The Foundation says it is committed to closing gaps in the region’s greatest disparities and, through its resources and relationships, opening pathways to opportunity and building vital, prosperous and equitable communities. Its four interconnected pathways are:

  • Child Well-Being, including children’s health, early education and mental and behavioral health.
  • Economic Opportunity, including education-to-career pathways, job training and job quality.
  • Community Wealth, focused on stability and individual and collective wealth through more equitable housing, business and creative systems.
  • Community Leadership, including support for movement leaders and nonprofit organizations serving marginalized communities.

The Foundation supports nonprofit organizations through grants and partnerships. Examples among its 2025 grantees include Embrace Boston, which describes its mission as strengthening communities through arts, culture, civic partnerships and policy solutions, and United Way of an individual recipient, which describes its mission as advancing an economically just region where prosperity is shared across race and ethnicity. The Foundation also made grants to organizations whose stated missions include social justice advocacy, education and research, and support for children and families.

Grantmaking

In filing year 2025, the Foundation reported 2,375 grants totaling $228,371,395. Grant amounts ranged from $5,250 to $6,645,940, with a median of $25,000. Some large grants were donor-advised fund transfers, including $6,645,940 to Bank of America Charitable Gift Fund and $5,376,841 to Fidelity Investments Charitable Gift Fund. Other notable grants included $5,603,180 to Partners Healthcare System Inc for operating support, $5,005,000 to Trustees of Tufts College for scholarships, $4,250,000 to McLean Hospital for a capital campaign, and $4,003,770 to United Negro College Fund Inc for education.

The Foundation’s website describes program-specific initiatives with varying criteria and application processes. The Safety Net Grants program provides $50,000 general operating support grants to organizations responding to essential needs in Greater Boston. For the FY27 Fall round, the stated deadline is October 30, 2026. Eligible applicants must, among other requirements, be a 501(c)(3) nonprofit or operate under a tax-exempt fiscal sponsor, have operated for at least three years, provide year-round programming, and serve communities primarily in the eligible Greater Boston area. The round is focused particularly on food security, health and behavioral health, direct cash assistance, and housing stabilization; organizations that received a Safety Net Grant in 2026 are not eligible for this round.

Other listed programs include the Latino Equity Fund’s FY27 grants of $50,000 to 20 Latinx-serving nonprofits, with an October 30, 2026 deadline; an individual recipient Boston grants of up to $15,000 for performing artists in Greater Boston; and the biennial Brother Thomas Fellowship, which offers $20,000 unrestricted awards to Greater Boston artists.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists M. Lee Pelton as President and CEO. Other listed officers and directors include Kate Guedj, SVP and Chief Philanthropy Officer; Brian Douglas, CFO and Treasurer; Orlando Watkins, VP and Chief Program Officer; and Keith Mahoney, VP of Communications and Public Affairs.

Boston Foundation Inc is led by M Lee Pelton, President & CEO on every filing since 2021; 15 of 36 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • M Lee Pelton

    President & CEO

    On filings since 2021

    50 hrs/week

    $420K (2022) → $844K (2025)

  • Dwight M Poler

    Chair

    Director → Chair, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nalia Bolus

    Vice President & Director of the Campaign for A Greater Boston

    New on the 2025 filing

    40 hrs/week

    $249K (2025)

  • Andrew Arnott

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brian Conway

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • CA Webb

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elyse Cherry

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • J Keith Motley

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pam Y Eddinger

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott E Squillace

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Zamawa Arenas

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Betty Francisco

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Tracy Palandjian

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jane Steinmetz

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Raj Sharma

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Charles Anderson

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kendall Burlin Oconnell

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Petrina Martin Cherry

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Elaine Zecher

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Raja Bobbili

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Rob Waldron

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Vanessa Calderon Rosado

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Alfred F Van Ranst Jr.

    Frmr CFO & Treasurer

    CFO & Treasurer → Frmr CFO & Treasurer, 2025

    On filings since 2020

    $380K (2020) → $443K (2025)

  • George C Wilson

    Assistant Treasurer

    On filings since 2020

    50 hrs/week

    $362K (2020) → $409K (2025)

  • Jane Dixon

    Vice President, Hr, Culture & Talent

    Assistant Vice President & Human Resources → Vice President of Human Resources, 2021

    Vice President of Human Resources → Vice President, Hr, Culture & Talent, 2023

    On filings since 2020

    50 hrs/week

    $169K (2020) → $258K (2025)

  • Kate Guedj

    Senior Vice President & Chief Phil. Officer

    Vice President & Chief Phil. Officer → Senior Vice President & Chief Phil. Officer, 2023

    On filings since 2020

    50 hrs/week

    $320K (2020) → $401K (2025)

  • Keith Mahoney

    Vice President, Committee & Public Affairs

    Vice President Communications → Vice President, Committee & Public Affairs, 2023

    On filings since 2020

    50 hrs/week

    $227K (2020) → $308K (2025)

  • Leslie Pine

    Manager Partner & Tpi

    On filings since 2020

    50 hrs/week

    $208K (2020) → $257K (2025)

  • Margaret Alexander

    Partner & Tpi

    On filings since 2020

    50 hrs/week

    $162K (2020) → $197K (2025)

  • Orlando Watkins

    Vice President & Chief Program Officer

    Vice President of Program → Vice President & Chief Program Officer, 2023

    On filings since 2020

    50 hrs/week

    $247K (2020) → $341K (2025)

  • Leigh Gasper

    Asst.sec. & Vice President

    On filings since 2023

    40 hrs/week

    $241K (2023) → $255K (2025)

  • Brian Douglas

    CFO & Treasurer

    On filings since 2024

    50 hrs/week

    $395K (2025)

  • Kristen O'Connell

    Secretary

    On filings since 2024

    40 hrs/week

    $111K (2025)

  • Rupal Dandia

    Vice President Development & Deshpande

    On filings since 2024

    40 hrs/week

    $190K (2024) → $201K (2025)

  • Soni Gupta

    Associate Vice President Programs

    New on the 2025 filing

    50 hrs/week

    $196K (2025)

  • Kendall Stanley

    Secretary

    New on the 2025 filing

    40 hrs/week

    No compensation reported

Former officers (25)
  • Former: Barbara Hindley (2020–2024) — Frmr Assistant Secretary & Assistant Vice President C
  • Former: Linda Mason (2020–2024) — Chair
  • Former: Pam Hurd (2020–2024) — Senior Director Philanthropy
  • Former: Ronald O'Hanley (2020–2024) — Director
  • Former: Vanessa Calderon-Rosado (2020–2024) — Director
  • Former: Imari Paris-Jefferies (2022–2024) — Executive Director Embrace Boston
  • Former: Jennifer Aronson (2023–2024) — Deputy Vice President of Programs
  • Former: Makeeba McCreary (2023–2024) — Executive Director Ncf
  • Former: Robert Waldron (2024) — Director
  • Former: John Ho (2020–2023) — Secretary
  • Former: Michael R Eisenson (2020–2023) — Director
  • Former: Myechia Minter-Jordan (2020–2023) — Director
  • Former: Paul Lee (2020–2023) — Director
  • Former: Rosalyn Bonaventure (2020–2023) — Controller
  • Former: Kate Walsh (2022–2023) — Director
  • Former: Kristin McSwain (2020–2022) — Executive Director Bos. Opportunit
  • Former: Paul Gannon (2020–2022) — Director
  • Former: Paul S Grogan (2020–2022) — Former President & CEO
  • Former: Peter Nessen (2020–2022) — Director
  • Former: Stephan Chan (2020–2022) — Frmr Secretary
  • Former: TJ Rose (2020–2022) — Vice Chair
  • Former: Gregory Groover Sr. (2020) — Director
  • Former: Kimberly Flores (2020) — Assistant Secretary
  • Former: Sandra M Edgerley (2020) — Chair
  • Former: Timothy Gassert (2020) — Frmr Secretary & Communications

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

M Lee Pelton — President & CEO: $844KM Lee PeltonPresident & CEO$844KAlfred F Van Ranst Jr — Frmr CFO&Treasurer: $443KAlfred F Van Ranst JrFrmr CFO&Treasurer$443KGeorge C Wilson — Assistant Treasurer: $409KGeorge C WilsonAssistant Treasurer$409KKate Guedj — SVP and Chief Phil. Off.: $401KKate GuedjSVP and Chief Phil. Off.$401KBrian Douglas — CFO & Treasurer: $395KBrian DouglasCFO & Treasurer$395KOrlando Watkins — VP & Chief Prog. Officer: $341KOrlando WatkinsVP & Chief Prog. Officer$341KKeith Mahoney — VP, Comm. & Public Affairs: $308KKeith MahoneyVP, Comm. & Public Affairs$308KJane Dixon — VP, HR & Culture and Talent: $258KJane DixonVP, HR & Culture and Talent$258KLeslie Pine — Mgr Partner, TPI: $257KLeslie PineMgr Partner, TPI$257KLeigh Gasper — Asst.Sec.& VP: $255KLeigh GasperAsst.Sec.& VP$255KNalia Bolus — VP&Dir of the Campaign for a Greater Boston: $249KNalia BolusVP&Dir of the Campaign for a…$249KRupal Dandia — VP Development/Deshpande: $201KRupal DandiaVP Development/Deshpande$201KMargaret Alexander — Partner, TPI: $197KMargaret AlexanderPartner, TPI$197KSoni Gupta — Associate VP Programs: $196KSoni GuptaAssociate VP Programs$196KKristen O'Connell — Secretary (1/3/24-11/8/24): $111KKristen O'ConnellSecretary (1/3/24-11/8/24)$111K

The highest reported compensation on the 2025 filing was $844K, to M Lee Pelton (President & CEO). 15 officers or directors reported compensation on that filing.

Frequently asked questions about Boston Foundation Inc

How much does Boston Foundation Inc give each year?

Boston Foundation Inc gave $228.4M across 2,375 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $169.9M across 2,046 grants.

What is Boston Foundation Inc's typical grant size?

Boston Foundation Inc's median grant in 2025 was $25,000, and its average grant was $96,156, across 2,375 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Boston Foundation Inc that year got $63K on average.

Where does Boston Foundation Inc give grants?

Boston Foundation Inc gives mostly in Massachusetts: 68% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was New York (8%). The most frequent recipient cities were Boston, MA (510 grants), New York, NY (127 grants), Washington, DC (98 grants) and Cambridge, MA (85 grants).

Does Boston Foundation Inc give general operating support?

Yes: 74% of Boston Foundation Inc's 2025 grants with a stated purpose (1,755 of 2,375) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "Capital Campaign" (116 grants), "Human Services" (67 grants) and "Education" (59 grants).

Who are Boston Foundation Inc's largest grantees?

Boston Foundation Inc's largest 2025 grantees include Partners Healthcare System Inc ($7,119,180 across 3 grants), Bank of America Charitable Gift Fund ($6,645,940) and Fidelity Investments Charitable Gift Fund ($5,383,841 across 2 grants), according to its 2025 IRS Form 990. It also paid 12 individual scholarships ($686,500), which are not listed by name. Together they received 8% of its itemized 2025 grant dollars.

How large is Boston Foundation Inc?

Boston Foundation Inc reported $2.1B in total assets on its 2025 IRS Form 990. Its revenue that year was $426.7M.

What does Boston Foundation Inc fund?

The Foundation says it is committed to closing gaps in the region’s greatest disparities and, through its resources and relationships, opening pathways to opportunity and building vital, prosperous and equitable communities. Its four interconnected pathways are: See mission & focus areas ↑

How do I apply for a grant from Boston Foundation Inc?

Boston Foundation Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Boston Foundation Inc's EIN?

Boston Foundation Inc's EIN (Employer Identification Number) is 04-2104021. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

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Cite this profile

Grantable. (2026). Boston Foundation Inc funder profile. GrantGraph. Retrieved October 8, 2026, from https://grantable.co/funders/boston-foundation-inc-morg_89a07d3912f2404ab8cbd5524fa4a131

BibTeX
@misc{grantable_042104021_2026,
  author       = {{Grantable}},
  title        = {{Boston Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/boston-foundation-inc-morg_89a07d3912f2404ab8cbd5524fa4a131},
  note         = {Accessed 2026-10-08. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Boston Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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