Bowdoin Apartments Corporation

MALDEN, MA EIN: 04-2399546

TO SUPPORT AFFORDABLE HOUSING THROUGH BELOW MARKET RATE LOANS AND GRANTS AND FACILITATE TECHNICAL ASSISTANCE THROUGH THE DUE DILIGENCE PROCESS TO 501(C) ORGANIZATIONS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$13.0M

+8.5% YoY

Annual Giving

$640K

+70.7% YoY

Grant Count

24

+71.4% YoY

Avg Grant Size

$27K

-0.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$249K$499K$748K$997K20202021202220232024
Metric202420232022
Total Assets$12,951,436$11,941,434$11,276,770
Revenue$906,766$733,677$722,395
Expenses$829,753$589,485$562,011
Qualifying Distributions
Net Investment Income$758,120$620,399$714,615
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$160K$320K$480K$640K18 grants202019 grants202120 grants202214 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OLNEYVILLE HOUSING CORPO…$50KYOUNG MENS CHRISTIAN ASS…$50KAFFORDABLE HOUSING EDUCA…$25KBETHEL AFRICAN METHODIST…$25KBUZZARDS BAY AREA HABITA…$25KCATHEDRAL SQUARE CORPORA…$25KCOMMUNITY ACTION FOR BET…$25KCOMMUNITY HOUSING OF MAI…$25KHABITAT FOR HUMANITY NOR…$25KHABITAT FOR HUMANITY OF …$25K

Grant Size Distribution

95 grants across all recorded years

90<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Bowdoin Apartments Corporation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JAMES C MILLERPRESIDENT/DIRECTOR$3KJOHN R DALY JRTREASURER/DIRECTOR$3KNIGEL A MOFFETTCLERK/DIRECTOR$3KLEONARD GRUENFELDDIRECTOR$3KKENRIC A PRESCOTTDIRECTOR$2KRAYMOND O ANDERSONDIRECTOR$2K

From 2024 filing

NameTitleHoursCompensation
JAMES C MILLERPRESIDENT/DIRECTOR2$3,000
JOHN R DALY JRTREASURER/DIRECTOR2$3,000
NIGEL A MOFFETTCLERK/DIRECTOR2$3,000
LEONARD GRUENFELDDIRECTOR2$3,000
RAYMOND O ANDERSONDIRECTOR2$1,500
KENRIC A PRESCOTTDIRECTOR2$2,000

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

7states

Cities

ActonBerlinBloomfieldBostonBranfordBridgeportBrightonBristolBrunswickEast ProvidenceFranklinGales FerryGardnerHartfordHebronKennebunkLaconiaLawrenceLincolnLittleton

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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