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Boston Medical Center Corporation

Public charity · Grantmaker Boston, MA EIN: 04-3314093 Website

Boston Medical Center Corporation is a public charity based in Boston, Massachusetts. Its stated mission is to provide excellent, accessible health services to people in need, regardless of status or ability to pay. Its filing describes it as a private, nonprofit urban academic medical center and says it provides research support to organizations in the United States and abroad.

Key facts about Boston Medical Center Corporation

In short: Boston Medical Center Corporation gave $11.8M across 64 grants in 2025 (avg $184K), mostly in Massachusetts. 11% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
04-3314093
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$11,770,582
Grants made (2025)
64
Average grant
$183,915
Median grant
$87,042
New grantees (estimate)
11% first-time grantees (7 of 64, 2025)
Total assets
$3,048,333,186
Primary geography
Massachusetts (70% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$3.0B

+7.6% YoY

Annual Giving

$11.8M

-30.0% YoY

Grant Count

64

-29.7% YoY

Avg Grant Size

$184K

-0.5% YoY

Is Boston Medical Center Corporation open to new grantees?

11%

first-time grantees, 2025

In 2025, 7 of 64 grantees (11%) were first-time recipients. First grants averaged $84K; repeat grants $196K. How we count

Medians: $89K first-time, $86K repeat.

  • 81% of 2025 grantees were also funded in 2024. Method
  • Giving fell 57% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

Boston Medical Center’s mission is to provide “consistently excellent and accessible health services to all in need of care regardless of status and ability to pay.” Its filing describes community-based care, a full spectrum of pediatric and adult services, and programs such as patient navigation and a food pantry to help address barriers to care.

The filing says Boston Medical Center provides research support to organizations in the United States and abroad. Its 2025 grants included subawards to universities, medical and research institutions, and human-service organizations. Among the recipients described in the available grant information, Brockton Area Multi-Services says its mission is to empower people and enrich their lives through compassionate support; Bay Cove Human Services says it partners with people facing challenges including developmental disabilities, mental illness, substance use disorders, and homelessness; and Proof Alliance says it works to prevent prenatal alcohol exposure and support people affected by fetal alcohol spectrum disorders. These are the recipient organizations’ stated missions, not Boston Medical Center’s.

Grantmaking

In filing year 2025, Boston Medical Center reported 64 grants totaling $11,770,582. Grants ranged from $5,868 to $4,630,374, with a median of $87,042. The largest listed awards were subawards.

The largest 2025 grant was $4,630,374 to Boston University Office of Financial Affairs. Other notable grants included $767,694 to Vinfen Corp; $372,319 to the University of Pittsburgh; $346,669 to the University of North Carolina at Chapel Hill Office of Contracts and Grants; $338,518 to Brockton Area Multi-Services Inc; and $303,002 to Joslin Diabetes Center. Each was listed as a subaward.

Boston Medical Center’s website describes internal support for investigators developing proposals to government and private funders. Its proposal guidance says standard proposals are due to the institution five business days before the sponsor deadline, with an additional five business days for training proposals. This describes BMC’s internal submission process, not a process for outside organizations seeking grants from BMC.

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Geographic Focus

Where this funder awards grants

In 2025, Massachusetts recipients accounted for 70% of grant dollars, followed by New York and Pennsylvania at 5% each, and North Carolina and Connecticut at 3% each. These figures describe the locations of recipients, rather than a stated geographic funding policy.

Grant Distribution by State

40states

Share of 2025 grant dollars across all 64 itemized grants.

Cities

BostonNew YorkBrocktonSeattleCambridgeChicagoDorchesterProvidencePhiladelphiaHolyokeLowellRoxburySpringfieldWorcesterJamaica PlainDenverPittsfieldAtlantaBaltimoreChapel Hill

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M98 grants2019 92 grants2020 108 grants2021 112 grants2022 115 grants2023 91 grants2024 64 grants2025

From 2019 to 2025, annual grant giving ranged from $11.8M (2025) to $27.9M (2021). In 2025 it made 64 grants totaling $11.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Boston University Office of Financial Affairs: $4.6MBoston University Office ofFinancial Affairs$4.6MVinfen Corp: $768KVinfen Corp$768KUniversity of Pittsburgh: $372KUniversity of Pittsburgh$372KUniv of N Carolina at Chapel Hill Office of Contracts Grants: $347KUniv of N Carolina at ChapelHill Office of Contracts…$347KBrockton Area Multi Services Inc: $339KBrockton Area Multi ServicesInc$339KJoslin Diabetes Center: $303KJoslin Diabetes Center$303KYale University School of Med: $303KYale University School of Med$303KUniversity of Massachusetts: $250KUniversity of Massachusetts$250KBay Cove Human Services: $218KBay Cove Human Services$218KTrustees of the University of Pennsylvania: $201KTrustees of the University ofPennsylvania$201K

The largest 2025 recipient was Boston University Office of Financial Affairs ($4.6M). Together the top 10 received $7.7M.

Grant Size Distribution

490 grants across all recorded years

187<$50K99$50–100K111$100–250K57$250–500K25$500K–1M8$1–5M3$5M+

The most common grant size was under $50K: 187 grants of 490 (38%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boston University Office of Financial Affairs Boston, MASubaward$4,630,374
Vinfen Corp Boston, MASubaward$767,694
University of Pittsburgh Pittsburgh, PASubaward$372,319
Univ of N Carolina at Chapel Hill Office of Contracts Grants Chapel Hill, NCSubaward$346,669
Brockton Area Multi Services Inc Brockton, MASubaward$338,518
Joslin Diabetes Center Boston, MASubaward$303,002
Yale University School of Med New Haven, CTSubaward$302,933
University of Massachusetts Worcester, MASubaward$250,341
Bay Cove Human Services Boston, MASubaward$218,200
Trustees of the University of Pennsylvania Philadelphia, PASubaward$201,274

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $3,048,333,186 $2,974,938,543 $2,970,019,133 $11,770,582
2024 $2,832,076,979 $2,600,525,380 $2,641,501,168 $16,825,327
2023 $2,632,199,167 $2,380,282,356 $2,418,812,155 $21,541,655

The 2025 filing reports 64 grants; the 2024 and 2023 filings report 91 and 115 grants, respectively.

Revenue
Expenses
Net Investment Income
$0$1B$2B$3B$4B2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,048,333,186$2,832,076,979$2,632,199,167
Revenue$2,974,938,543$2,600,525,380$2,380,282,356
Expenses$2,970,019,133$2,641,501,168$2,418,812,155
Net Investment Income$47,203,682$32,645,067$42,038,184

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS August 12, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
  6. Updated Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
  7. Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Alastair Bell, MD, as BMCHS president and CEO and a trustee; Anthony Hollenberg, MD, as president and trustee; and Martha Samuelson as chair and trustee. It also lists Rev. Willie Bodrick II, Mary Boyd, Nadine Chakar, and Enrique Colbert as trustees. Karen Antman, MD, Anita Bekenstein, and Ryan Carroll are listed as trustees through dates in 2025.

Boston Medical Center Corporation is led by Alastair Bell MD, Bmchs President, CEO & Trustee since 2025 (on filings since 2019); 16 of 44 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Alastair Bell MD

    Bmchs President, CEO & Trustee

    Senior Vice President Ops, Strategy & COO → Interim President & Trustee, 2023

    Trustee & Interim President → Bmchs President, CEO & Trustee, 2025

    On filings since 2019

    50 hrs/week

    $1.1M (2019) → $1.9M (2025)

  • Anthony Hollenberg MD

    President & Trustee

    Trustee → Trustee & President, 2024

    On filings since 2023

    50 hrs/week

    $1.2M (2025)

  • Nicole Faucher

    President, Clearway Health & Llc

    On filings since 2023

    $1.1M (2023) → $662K (2025)

  • Martha Samuelson

    Chair & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ravin Davidoff MD

    Senior Vice President & Executive Medical Director

    Senior Vice President Medical Affairs & CMO → Senior Vice President & Executive Medical Director, 2024

    On filings since 2019

    50 hrs/week

    $713K (2019) → $388K (2025)

  • Manishi Desai

    Trustee

    On filings since 2022

    1 hr/week

    $284K (2025)

  • Andrew Youniss

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Anita Bekenstein

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Azra Kanji

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Enrique Colbert

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Karen Antman MD

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Karen Kames

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Paul Egerman

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Pierre Cremieux

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Randi Cutler

    Trustee

    Trustte → Trustee, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Richard Marks

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Cynthia Sierra

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nadine Chakar

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bisola Ojikutu MD

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Devin McCourty

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Fred Lowery

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gregory Wilmot

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Michelle Nadow

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ryan Carroll

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Mary Boyd

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Patrick Smith

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Ted Truscott

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Todd Cozzens

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Willie Bodrick II

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Alik Farber

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Guy Fish

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Moddie Turay

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Vicki Jackson MD

    Phys-In-Chief & Trustee

    New on the 2025 filing

    50 hrs/week

    No compensation reported

  • David Beck

    Senior Vice President, Chief Legal Counsel & Clerk

    Senior Vice President, Chief Legal Counsel & Clerk → Senior Vice President & Chief Legal Counsel, 2023

    Senior Vice President & Chief Legal Counsel → Senior Vice President, Chief Legal Counsel & Clerk, 2024

    On filings since 2019

    50 hrs/week

    $497K (2019) → $730K (2025)

  • Joe Camillus

    Senior Vice President & Chief Operating Officer

    Senior Vice President Ambulatory & Prf Svc → Senior Vice President & Chief Operating Officer, 2025

    On filings since 2019

    50 hrs/week

    $454K (2019) → $844K (2025)

  • Lisa A. Kelly-Croswell

    Senior Vice President & Chief Hr Officer

    Senior Vice President & Chro → Senior Vice President & Chief Hr Officer, 2024

    On filings since 2019

    50 hrs/week

    $557K (2019) → $722K (2025)

  • Nancy Gaden

    Senior Vice President & Cno

    Senior Vice President Chief Nursing Officer → Senior Vice President of Clinical Operations & Cno, 2023

    Senior Vice President of Clinical Operations & Cno → Senior Vice President & Cno, 2025

    On filings since 2019

    50 hrs/week

    $518K (2019) → $710K (2025)

  • Terri Newsom

    Former Senior Vice President, CFO & Treasurer

    Senior Vice President, CFO & Treasurer → Former Senior Vice President, CFO & Treasurer, 2025

    On filings since 2021

    $289K (2021) → $653K (2025)

  • David McAneny

    Senior Vice President & Chief Medical Officer

    On filings since 2023

    50 hrs/week

    $839K (2023) → $878K (2025)

  • Robert Biggio

    Senior Vice President, Chief Sustainabiilty & Re Officer

    Senior Vice President, Chief Sustainability & Re Officer → Senior Vice President, Chief Sustainabiilty & Re Officer, 2025

    On filings since 2023

    50 hrs/week

    $589K (2023) → $724K (2025)

  • Jesse Souweine

    Senior Vice President, CTO & Treasurer

    Treasurer → Senior Vice President, CTO & Treasurer, 2025

    On filings since 2024

    50 hrs/week

    $185K (2024) → $719K (2025)

  • Ankur Agrawal

    Bmchs Senior Vice President, CFO & Treasurer

    New on the 2025 filing

    50 hrs/week

    $375K (2025)

  • Joy Brown

    Senior Vice President & Chief Digital Info Officer

    New on the 2025 filing

    50 hrs/week

    $960K (2025)

  • Sarah Arbelaez

    Senior Vice President & Hospital Integration

    New on the 2025 filing

    50 hrs/week

    $656K (2025)

Former officers (38)
  • Former: Arthur Harvey (2019–2024) — Vice President & CIO
  • Former: Jennifer Tseng MD (2019–2024) — Trustee
  • Former: John T. Hailer (2019–2024) — Trustee
  • Former: Kathleen E. Walsh (2019–2024) — Former President
  • Former: Melanie Foley (2019–2024) — Trustee
  • Former: Ruth Ellen Fitch (2019–2024) — Trustee
  • Former: Sandra Cotterell (2019–2024) — Trustee
  • Former: Jodi Larson (2024) — Vice President & Chief Quality Officer
  • Former: David Coleman MD (2019–2023) — Trustee
  • Former: Liz Walker (2019–2023) — Trustee
  • Former: Norman Stein (2019–2023) — Former Senior Vice President Chief Development Officer
  • Former: Maroa Velez (2021–2023) — Trustee
  • Former: Paul Joseph Boucher (2023) — Registered Nurse
  • Former: Barry Bock (2019–2022) — Trustee
  • Former: Bob Biggio (2019–2022) — Senior Vice President Facility & Supt Svcs
  • Former: Claire Perlman (2019–2022) — Trustee
  • Former: Julie Joncas (2019–2022) — Former Vice President Finance
  • Former: Manuel Lopes (2019–2022) — Trustee
  • Former: Lauren Nentwich (2021–2022) — Trustee
  • Former: Tricia Glynn (2021–2022) — Trustee
  • Former: David Twitchell (2022) — Vice President & Chief Pharmacy Officer
  • Former: Michael Gaines (2022) — Trustee
  • Former: Thea James (2022) — Vice President of Mission & Associate CMO
  • Former: Charles Orlando (2019–2021) — Former Senior Vice President, CFO & Treasurer
  • Former: David Ament (2019–2021) — Trustee
  • Former: Rita Nieves (2020–2021) — Trustee
  • Former: Eilene Grayken (2021) — Trustee
  • Former: Eileen Grayken (2019–2020) — Trustee
  • Former: James S Phalen (2019–2020) — Trustee
  • Former: Jerod Mayo (2019–2020) — Trustee
  • Former: Monica Valdes Lupi (2019–2020) — Trustee
  • Former: Susannah Rowe MD (2019–2020) — Trustee
  • Former: Tricia Patrick (2019–2020) — Trustee
  • Former: William J Halpin Jr. (2019–2020) — Trustee
  • Former: Mary Beth Begley (2019) — Former Officer
  • Former: Richard Silveria (2019) — Former Senior Vice President Finance, CFO & Treasurer
  • Former: Richard Slifka (2019) — Trustee
  • Former: Stanley Hochberg MD (2019) — Senior Vice President Qual, Sfty & Tech

Data from IRS Form 990 filings, 2019–2025. "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

Alastair Bell MD — BMCHS President & CEO/Trustee: $1.9MAlastair Bell MDBMCHS President & CEO/Trustee$1.9MAnthony Hollenberg MD — President/Trustee: $1.2MAnthony Hollenberg MDPresident/Trustee$1.2MJoy Brown — SVP/Chief Digital Info Officer: $960KJoy BrownSVP/Chief Digital Info Officer$960KDavid McAneny — SVP/Chief Medical Officer: $878KDavid McAnenySVP/Chief Medical Officer$878KJoe Camillus — SVP/Chief Operating Officer: $844KJoe CamillusSVP/Chief Operating Officer$844KDavid Beck — SVP/Chief Legal Counsel/Clerk: $730KDavid BeckSVP/Chief Legal Counsel/Clerk$730KRobert Biggio — SVP/Chief Sustainabiilty/Re Officer: $724KRobert BiggioSVP/Chief Sustainabiilty/Re…$724KLisa Kelly-Croswell — SVP/Chief HR Officer: $722KLisa Kelly-CroswellSVP/Chief HR Officer$722KJesse Souweine — SVP/CTO, Treasurer (Thru 11/12/24): $719KJesse SouweineSVP/CTO, Treasurer (Thru…$719KNancy Gaden — SVP/CNO: $710KNancy GadenSVP/CNO$710KNicole Faucher — President, Clearway Health, LLC: $662KNicole FaucherPresident, Clearway Health, LLC$662KSarah Arbelaez — SVP/Hospital Integration: $656KSarah ArbelaezSVP/Hospital Integration$656KTerri Newsom — Former SVP/CFO/Treasurer: $653KTerri NewsomFormer SVP/CFO/Treasurer$653KRavin Davidoff MD — SVP/Executive Medical Director: $388KRavin Davidoff MDSVP/Executive Medical Director$388KAnkur Agrawal — BMCHS SVP/CFO,TREAS (As of 11/12/24): $375KAnkur AgrawalBMCHS SVP/CFO,TREAS (As of…$375KManishi Desai — Trustee: $284KManishi DesaiTrustee$284K

The highest reported compensation on the 2025 filing was $1.9M, to Alastair Bell MD (BMCHS President & CEO/Trustee). 16 officers or directors reported compensation on that filing.

Contact

Mailing address: One Boston Medical Center Place, Boston, MA 02118
Phone: (617) 414-1628
Website: https://bmc.org

Frequently asked questions about Boston Medical Center Corporation

How much does Boston Medical Center Corporation give each year?

Boston Medical Center Corporation gave $11.8M across 64 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $16.8M across 91 grants.

What is Boston Medical Center Corporation's typical grant size?

Boston Medical Center Corporation's median grant in 2025 was $87,042, and its average grant was $183,915, across 64 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Boston Medical Center Corporation that year got $84K on average.

Where does Boston Medical Center Corporation give grants?

Boston Medical Center Corporation gives mostly in Massachusetts: 70% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was New York (5%). The most frequent recipient cities were Boston, MA (15 grants), New York, NY (4 grants), Cambridge, MA (3 grants) and Brockton, MA (2 grants).

Does Boston Medical Center Corporation give general operating support?

Not in 2025: none of the 64 grants with a stated purpose on Boston Medical Center Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Subaward" (64 grants).

Who are Boston Medical Center Corporation's largest grantees?

Boston Medical Center Corporation's largest 2025 grantees include Boston University Office of Financial Affairs ($4,630,374), Vinfen Corp ($767,694) and University of Pittsburgh ($372,319), according to its 2025 IRS Form 990. Together they received 49% of its itemized 2025 grant dollars.

How large is Boston Medical Center Corporation?

Boston Medical Center Corporation reported $3.0B in total assets on its 2025 IRS Form 990. Its revenue that year was $3.0B.

What does Boston Medical Center Corporation fund?

Boston Medical Center’s mission is to provide “consistently excellent and accessible health services to all in need of care regardless of status and ability to pay.” See mission & focus areas ↑

How do I apply for a grant from Boston Medical Center Corporation?

Boston Medical Center Corporation has no public application process in the sources Grantable reviewed. Check bmc.org for current guidelines, or contact the foundation directly before submitting a request.

What is Boston Medical Center Corporation's EIN?

Boston Medical Center Corporation's EIN (Employer Identification Number) is 04-3314093. IRS Form 990 filing data is available on this page for 2019–2025.

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

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