Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)
FISHER FAMILY FREE LOAN FUND INC, which uses Boston Free Loan Society as a DBA name, is a private foundation based in Burlington, Massachusetts. It provides interest-free loans to people facing temporary financial emergencies and also offers interest-free loans to qualifying charitable organizations.
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) at a glance
In short: Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) gave $73K across 11 grants in 2024 (avg $7K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $73,157
- +7.5% vs 2023
- Grants made (2024)
- 11
- +10.0% vs 2023
- Average grant
- $6,651
- -2.3% vs 2023
- Median grant
- $5,754
- Total assets
- $145,937
- +49.2% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)
- How to Apply
-
The website provides a loan application and guarantor form for individual applicants. For charitable organizations, it provides a separate application. The filing directs applicants to the Boston Free Loan Society for details and application materials.
- Contact
Application contact: Boston Free Loan Society
Mailing address: PO Box 239, Pinehurst, MA 01866
Phone: (781) 325-2358
Email: info@bosfreeloan.org
Website: https://www.bosfreeloan.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Gatit I ($10K). Together the top 10 received $71K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 100% of grant dollars went to recipients in Massachusetts. The filing also states a preference for the Boston, Massachusetts region.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
How Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) gives
- Giving grew 193% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2022) to $73K (2024). In 2024 it made 11 grants totaling $73K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gatit I Brighton, MA | Rent for Eviction prevention Indigent indiv | $10,000 |
| Natasha S Cummington, MA | Unafordable shortfall in adoption expenses | $10,000 |
| Barbara G Brookline, MA | Fill last minute funding gaps for education expenses | $10,000 |
| Chabad of Merrimack Valley Andover, MA | Replace broken heater | $10,000 |
| Tal M Newton Center, MA | Fill last minute funding gap for education expenses | $9,168 |
| Chana S Somerville, MA | Indigent assistancerentutils auto Ins | $5,754 |
| Jaclyn B Framingham, MA | Indigent AssistanceRent | $4,750 |
| Jefffrey K Newton, MA | Indigent AssstanceRent | $4,085 |
| Cameron E Allston, MA | Fill last minute funding gap for education expenses | $3,788 |
| Michael L Sharon, MA | Fill last minute funding gap for education expenses | $3,010 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $145,937 | $50,093 | $1,974 | $73,157 | 11 | $73,157 | $4 |
| 2023 | $97,818 | $1,168 | $637 | $68,053 | 10 | $56,681 | $1,168 |
| 2022 | $54,038 | $138 | $15,431 | $15,000 | 2 | $15,003 | $138 |
| 2021 | $57,414 | $247 | $25,488 | $25,000 | 3 | $25,009 | $207 |
| 2020 | $77,613 | $643 | $21,061 | $20,000 | 1 | — | $643 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The funder describes its individual loans as an alternative or supplement to help with temporary, acute financial emergencies and as a way to support a path toward self-sufficiency. Its website lists basic necessities such as food, healthcare, transportation, and temporary housing, as well as vocational training, counseling, addiction recovery, tuition shortfalls, adoption expenses, fertility treatments, and certain small-business losses among possible purposes.
Its Charitable Organization Loan Program is for 501(c)(3) organizations that assist individuals and families in critical financial distress. The website identifies social service agencies, other interest-free loan programs, places of worship, and other public-charity community organizations as potentially qualifying types of organizations.
Grantmaking
The 2024 filing lists 11 grants totaling $73,157. Individual grants ranged from $2,602 to $10,000, with a median of $5,754. The filing’s largest listed awards included $10,000 to GATIT I for rent related to eviction prevention, $10,000 to Natasha S for an adoption-expense shortfall, $10,000 to Barbara G for education expenses, and $10,000 to Chabad of Merrimack Valley for a furnace repair. Other listed awards included $9,168 to Tal M for education expenses and $5,754 to Chana S for rent, utilities, and auto insurance.
The funder’s filing describes its direct charitable activity as making interest-free, no-fee loans to individuals in financial distress. Its website says individual loan applicants should submit a loan application and guarantor form. The filing says applications are accepted at all times and identifies indigent individuals and families as the restriction, with a preference for the Boston, Massachusetts region.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Arthur Fisher as president, treasurer, assistant clerk, and director; Terri Fisher as clerk and director; and Jeffrey Fisher, Deborah Freed, Jennifer Jonassaint, and Randall Krause as directors.
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s 2024 filing lists 6 officers; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Deborah Freed
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Jeffrey Fisher
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Terri Fisher
Clerk Director
On filings since 2020
0.5 hrs/week
No compensation reported
Jennifer Jonassaint
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Randall Krause
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Arthur Fisher
Prestreasastclkdir
President Treasurer Ast Clerk & Director → Prestreasastclkdir, 2024
On filings since 2020
10 hrs/week
No compensation reported
Former officers (2)
- Former: Madeleine Fisher (2020–2023) — Director
- Former: Alter Bukiet (2020–2021) — Director
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.
Frequently asked questions about Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)
How much does Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) give each year?
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) gave $73K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $68K across 10 grants.
What is Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s typical grant size?
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s median grant in 2024 was $5,754, and its average grant was $6,651, across 11 grants on its 2024 IRS Form 990-PF.
Where does Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) give grants?
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Fill last minute funding gap for education expenses" (3 grants).
Who are Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s largest grantees?
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s largest 2024 grantees include Gatit I ($10,000), Natasha S ($10,000) and Barbara G ($10,000), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.
How large is Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)?
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) reported $146K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $50K.
What does Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society) fund?
The funder describes its individual loans as an alternative or supplement to help with temporary, acute financial emergencies and as a way to support a path toward self-sufficiency. See mission & focus areas ↑
How do I apply for a grant from Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)?
The website provides a loan application and guarantor form for individual applicants. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s EIN?
Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s EIN (Employer Identification Number) is 84-2297259. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Fisher Family Free Loan Fund Inc (Aka Boston Free Loan Society)'s IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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