Foundation for Business Equity Inc
Foundation for Business Equity Inc is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2022. In 2022, it made $1.5M in qualifying distributions.
Foundation for Business Equity Inc at a glance
- Revenue (2022)
- $2,647,877
- +155.7% vs 2021
- Qualifying distributions (2022)
- $1,504,271
- -18.4% vs 2021
- Expenses (2022)
- $1,512,241
- -18.2% vs 2021
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who Foundation for Business Equity Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $4K (2021) to $150K (2020). In 2021 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Voter Education Network Inc Boston, MA | Exempt Purposes | $3,500 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | — | $2,647,877 | $1,512,241 | — | — | $1,504,271 | — | — |
| 2021 | $3,716,432 | $1,035,523 | $1,849,112 | $3,500 | 1 | $1,843,117 | — | — |
| 2020 | $4,741,776 | $6,281,069 | $2,782,542 | $150,000 | 1 | — | $2,019 | $109,758 |
Leadership & Key People
Officers and directors from IRS filings
Foundation for Business Equity Inc is led by Nancy Huntington Stager, President & Director on every filing since 2020; none of the 6 officers listed in 2022 report compensation.
Officers on the 2022 filing
Nancy Huntington Stager
President & Director
On filings since 2020
1 hr/week
No compensation reported
Glynn T. Lloyd
Director
On filings since 2020
1 hr/week
No compensation reported
James B. Fitzgerald
Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Kathleen C. Henry
Clerk, Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Quincy L. Miller
Director
On filings since 2020
1 hr/week
No compensation reported
Robert F. Rivers
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "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 Foundation for Business Equity Inc
Where does Foundation for Business Equity Inc operate?
Foundation for Business Equity Inc has awarded grants in Massachusetts.
What is Foundation for Business Equity Inc's EIN?
Foundation for Business Equity Inc's EIN (Employer Identification Number) is 82-1912000. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Explore Open Grants
Browse active grant opportunities in Foundation for Business Equity Inc's focus areas in our free grants database
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Figures come from Foundation for Business Equity Inc'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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