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Boston Impact Initiative Fund

Public charity · Grantmaker Jamaica Plain, MA EIN: 82-1543658 Website

Key facts about Boston Impact Initiative Fund

In short: Boston Impact Initiative Fund reported $3K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.

EIN
82-1543658
Latest 990 filing
Form 990, 2024
Grants paid (2024)
$2,915 — reported as a total on the IRS filing, without an itemized list
Total assets
$23,385,414

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$23.4M

+46.3% YoY

Grants Paid (reported total)

$3K

-52.4% YoY

Revenue

$5.4M

+177.6% YoY

Net Investment Income

$404K

+121.5% YoY

About Boston Impact Initiative Fund

Based on IRS filings

Boston Impact Initiative Fund is a public charity focused on Community Improvement & Capacity Building, based in Jamaica Plain, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $23.4M in total assets. In 2024, it reported $3K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $404K.

Open Grants

1 open opportunity from Boston Impact Initiative Fund

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CambridgeBostonBrocktonPhiladelphiaRoxburySan FranciscoDedhamDorchesterLawrenceNew YorkNewtonRaynhamWest Roxbury

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K17 grants2020 1 grant2021 2 grants2022 Total only2023 Total only2024

From 2020 to 2024, annual grant giving ranged from $3K (2024) to $360K (2022). In 2024 it reported $3K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

20 grants across all recorded years

18<$50K$50–100K$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 20 (90%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$23,385,414$15,981,911$10,143,671
Revenue$5,409,152$1,948,405$2,938,858
Expenses$2,777,855$2,137,262$2,137,744
Net Investment Income$404,362$182,518$26,687

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS September 27, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 4, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Boston Impact Initiative Fund is led by Betty Francisco, CEO on every filing since 2021; 4 of 10 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Betty Francisco

    CEO

    On filings since 2021

    40 hrs/week

    $98K (2021) → $222K (2024)

  • Juan Leyton

    Board Chair

    Director → Board Chair, 2024

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Aliana Pineiro

    Impact Director

    On filings since 2023

    40 hrs/week

    $136K (2023) → $139K (2024)

  • Henry Noel

    Investment Director

    On filings since 2023

    40 hrs/week

    $142K (2023) → $144K (2024)

  • Nia Evans

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Guillermo Quinteros

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kafilat Lawal

    Financial Controller

    On filings since 2023

    40 hrs/week

    $111K (2023) → $116K (2024)

  • Rebecca Regan

    Treasurer

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Lisa Owens

    Vice Chair

    Director → Vice Chair, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Rose Felix Cratsley

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Deborah Frieze (2020–2023) — President
  • Former: Rose Felix (2022–2023) — Secretary · Filing note: Started 72822
  • Former: Geeta Aiyer (2023) — Director
  • Former: Lisa Hayles (2020–2022) — Secretary · Filing note: Ended 72822
  • Former: Michael Frieze (2020–2022) — Vice President
  • Former: Mike Leyba (2020–2022) — Director · Filing note: Ended 12822
  • Former: Mark Watson (2020) — Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Betty Francisco — CEO: $222KBetty FranciscoCEO$222KHenry Noel — Investment Director: $144KHenry NoelInvestment Director$144KAliana Pineiro — Impact Director: $139KAliana PineiroImpact Director$139KKafilat Lawal — Financial Controller: $116KKafilat LawalFinancial Controller$116K

The highest reported compensation on the 2024 filing was $222K, to Betty Francisco (CEO). 4 officers or directors reported compensation on that filing.

Frequently asked questions about Boston Impact Initiative Fund

How much does Boston Impact Initiative Fund give each year?

Boston Impact Initiative Fund reported $3K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it reported $6K in grants paid.

How large is Boston Impact Initiative Fund?

Boston Impact Initiative Fund reported $23.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.4M.

What is Boston Impact Initiative Fund?

Boston Impact Initiative Fund is a public charity focused on Community Improvement & Capacity Building, based in Jamaica Plain, MA. It holds $23.4M in total assets as of 2024.

Where does Boston Impact Initiative Fund operate?

Boston Impact Initiative Fund has awarded grants in California, Massachusetts, New York, Pennsylvania.

What is Boston Impact Initiative Fund's EIN?

Boston Impact Initiative Fund's EIN (Employer Identification Number) is 82-1543658. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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