Boston Impact Initiative Fund
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.
Focus Areas
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
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 27, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- 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
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.
Here's the math on researching Boston Impact Initiative Fund by hand.
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