The Boston Scientific Foundation, established in 2001, has been supporting science, technology, engineering, and math education and key health initiatives for nearly 25 years in communities where Boston Scientific employees live and work. The Foundation supports problem solvers, innovators, and changemakers working to eliminate disparities in health and K-12 STEM education for economically disadvantaged populations in the United States and Puerto Rico through regional grants, disaster relief, strategic grants, and scholarships. A separate entity, Boston Scientific Foundation Europe, was founded in 2018 to help European nonprofits improve community health through innovative digital health solutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.5M
+14.8% YoY
Annual Giving
$1.2M
-46.8% YoY
Grant Count
46
-23.3% YoY
Avg Grant Size
$25K
-30.6% YoY
Under IRS private-foundation payout rules, Boston Scientific Foundation Inc reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
About Boston Scientific Foundation Inc
Based on IRS filings
Boston Scientific Foundation Inc is a private foundation focused on Education, based in MARLBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.5M in total assets. In 2024, it awarded 46 grants totaling $1.2M. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,545,749 | $24,876,037 | $22,598,824 |
| Revenue | $2,287,861 | $1,656,556 | $1,176,205 |
| Expenses | $1,261,623 | $2,282,362 | $2,200,826 |
| Qualifying Distributions | $1,290,790 | $2,270,562 | $2,152,261 |
| Net Investment Income | $1,287,861 | $656,438 | $1,159,205 |
| Distributable Amount | $1,324,780 | $1,158,675 | $1,209,315 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
246 grants across all recorded years
Open Grants
4 open opportunities from Boston Scientific Foundation Inc
Charitable Donations to U.S. HCPs and National Associations Grant
BOSTON SCIENTIFIC FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Health Applications Grant
BOSTON SCIENTIFIC FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Independent Medical Education Program Grants
BOSTON SCIENTIFIC FOUNDATION INC
Amount
More than US $45,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scholarship America ($430,000), Science From Scientists Inc ($50,000), Annex Teen Clinic ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN LUNG ASSOCIATION CHICAGO, IL | THE BOOSTER SHOT INITIATIVE: ENHANCING ASTHMA CARE QUALITY IN PRIMARY CARE CLINICS IN THE TWIN CITIES | $24,555 |
| ANNEX TEEN CLINIC ROBBINSDALE, MN | INTERGENERATIONAL CERVICAL AND BREAST CANCER PREVENTION AND DETECTION FOR LOW-INCOME, BLACK YOUNG PEOPLE | $25,000 |
| AVENUES FOR YOUTH MINNEAPOLIS, MN | AVENUES FOR YOUTH - INTEGRATIVE HEALTH & WELLNESS | $15,000 |
| BARTON CENTER FOR DIABETES EDUCATION INC OXFORD, MA | CAMPERSHIP FUND PROGRAM | $12,000 |
| BLOOMINGTON HEALTH FOUNDATION INC BLOOMINGTON, IN | MENTAL HEALTH AND ADDICTION COLLABORATIVE | $20,000 |
| BOYS & GIRLS CLUB OF CARSON CARSON, CA | YOUTH STEM ENRICHMENT | $12,500 |
| BOYS & GIRLS CLUBS OF METRO SOUTH INC TAUNTON, MA | STEM EDUCATION - TINKER & CREATE | $20,000 |
| BOYS & GIRLS CLUBS OF METROWEST INC MARLBOROUGH, MA | DIY STEM | $10,000 |
| BREAKTHROUGH TWIN CITIES SAINT PAUL, MN | SYSTEMIC CHANGE FOR UNDER-RESOURCED YOUTH | $15,000 |
| CARE CLINIC RED WING, MN | MEDICAL/MENTAL HEALTH PROGRAM | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAORU LEE ADAIR | PRESIDENT/ DIRECTOR | 0.4 | — |
| ALEXANDRA CANNEY | TREASURER | 0.4 | — |
| MARY WISEMAN | CLERK (AS OF 12/24) | 0.4 | — |
| WENDY CARRUTHERS | CLERK AND DIRECTOR (UNTIL 12/24) | 0.4 | — |
| BRENDA BECKER | VICE PRESIDENT/ DIRECTOR | 0.4 | — |
| DAVID THOMPSON | DIRECTOR | 0.4 | — |
| MARGARET COMBS | DIRECTOR | 0.4 | — |
| EILEEN HUNTER | DIRECTOR | 0.4 | — |
| LAUREN TENGLER | DIRECTOR (AS OF 12/24) | 0.4 | — |
| CAREN KAHAN | DIRECTOR | 0.4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Boston Scientific Foundation Inc?
Boston Scientific Foundation Inc is a private foundation focused on Education, based in MARLBOROUGH, MA. It holds $28.5M in total assets as of 2024.
How large is Boston Scientific Foundation Inc?
As of 2024, Boston Scientific Foundation Inc holds $28.5M in total assets with $2.3M in annual revenue. It awarded 46 grants totaling $1.2M in 2024.
Where does Boston Scientific Foundation Inc operate?
Boston Scientific Foundation Inc has awarded grants in Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Montana, North Carolina, North Dakota, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Tennessee, Texas, Utah, Virginia, Wisconsin.
What size grants does Boston Scientific Foundation Inc award?
In 2024, Boston Scientific Foundation Inc awarded 46 grants totaling $1.2M — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Boston Scientific Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Boston Scientific Foundation Inc reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Boston Scientific Foundation Inc's EIN?
Boston Scientific Foundation Inc's EIN (Employer Identification Number) is 04-3556844. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Boston Scientific Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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