Civic Intelligence

Boston Foundation Inc.

990T • Fiscal year 2021 • EIN 04-2104021

Jul 01, 2020 to Jun 30, 2021 • Filed on May 06, 2022

75 Arlington Street FL 3Boston, MA 02116-3936

(617) 338-1700

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.5B$1.0B$500M$0Assets 2010: $717,824,308Liabilities 2010: $9,900,295Net Assets 2010: $707,924,0132010Assets 2011: $842,390,250Liabilities 2011: $9,852,178Net Assets 2011: $832,538,0722011Assets 2012: $787,824,670Liabilities 2012: $10,081,340Net Assets 2012: $777,743,3302012Assets 2013: $878,265,942Liabilities 2013: $18,581,163Net Assets 2013: $859,684,7792013Assets 2014: $983,439,606Liabilities 2014: $15,740,232Net Assets 2014: $967,699,3742014Assets 2015: $971,636,282Liabilities 2015: $6,537,118Net Assets 2015: $965,099,1642015Assets 2016: $947,759,671Liabilities 2016: $7,014,445Net Assets 2016: $940,745,2262016Assets 2017: $1,092,767,243Liabilities 2017: $9,314,705Net Assets 2017: $1,083,452,5382017Assets 2018: $1,235,098,746Liabilities 2018: $9,857,220Net Assets 2018: $1,225,241,5262018Assets 2019: $1,270,928,403Liabilities 2019: $10,464,962Net Assets 2019: $1,260,463,4412019Assets 2020: $1,201,631,617Liabilities 2020: $9,036,922Net Assets 2020: $1,192,594,6952020Assets 2021: $1,683,793,346Liabilities 2021: $13,053,816Net Assets 2021: $1,670,739,5302021Assets 2022: $1,673,670,064Liabilities 2022: $12,324,606Net Assets 2022: $1,661,345,4582022Assets 2023: $1,708,597,273Liabilities 2023: $20,472,363Net Assets 2023: $1,688,124,9102023Assets 2024: $1,853,183,611Liabilities 2024: $17,541,332Net Assets 2024: $1,835,642,2792024

Latest loaded filing

2024

Assets$1,853,183,611
Liabilities$17,541,332
Net Assets$1,835,642,279

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$300M$200M$100M$0-$100MExpenses 2010: $92,631,3992010Expenses 2011: $89,396,5362011Revenue 2012: $74,208,265Expenses 2012: $111,861,351Net Income 2012: -$37,653,0862012Revenue 2013: $139,780,868Expenses 2013: $121,752,803Net Income 2013: $18,028,0652013Revenue 2014: $128,412,322Expenses 2014: $130,262,182Net Income 2014: -$1,849,8602014Revenue 2015: $132,839,016Expenses 2015: $145,747,894Net Income 2015: -$12,908,8782015Revenue 2016: $114,653,758Expenses 2016: $121,917,990Net Income 2016: -$7,264,2322016Revenue 2017: $205,819,144Expenses 2017: $157,948,534Net Income 2017: $47,870,6102017Revenue 2018: $225,434,521Expenses 2018: $150,727,991Net Income 2018: $74,706,5302018Revenue 2019: $165,527,614Expenses 2019: $175,809,198Net Income 2019: -$10,281,5842019Revenue 2020: $182,767,888Expenses 2020: $240,461,702Net Income 2020: -$57,693,8142020Revenue 2021: $325,590,260Expenses 2021: $198,258,173Net Income 2021: $127,332,0872021Revenue 2022: $324,652,362Expenses 2022: $228,370,471Net Income 2022: $96,281,8912022Revenue 2023: $161,296,905Expenses 2023: $209,895,497Net Income 2023: -$48,598,5922023Revenue 2024: $210,389,550Expenses 2024: $215,292,419Net Income 2024: -$4,902,8692024

Latest loaded filing

2024

Revenue$210,389,550
Expenses$215,292,419
Net Income-$4,902,869
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 6, 2022
Return Version
2020v1.3
Mission and Program Overview

Mission

As Greater Boston's community foundation, the Boston Foundation devotes its resources to building and sustaining a vital, prosperous city and region, where justice and opportunity are extended to everyone. Continued on Schedule O.The Foundation fulfills this mission in three principal ways: (1) Making grants to nonprofit organizations and designing special funding initiatives to address this community's critical challenges;(2) Working in partnership with donors and other funders to achieve high-impact philanthropy; and (3) Serving as a civic hub and center of information, where ideas are shared, levers for change are identified, and common agendas for the future are developed.

Filing and Contact Details

Filer

Filer Name
Boston Foundation Inc
EIN
04-2104021
Phone
6173381700
Address
75 ARLINGTON STREET FL 3, BOSTON, MA 02116-3936

Signing Officer

Name
Alfred F Van Ranst Jr
Title
CFO & Treasurer
Phone
6173381700
Signed
2022-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Kpmg Llp
Address
60 SOUTH STREET, BOSTON, MA 02111
Preparer
Todd P Teresco
Phone
6179881000
Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt00
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt0-223615
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt071966
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0-223615
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalProceedsSalesPriceAmt0-223615
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt071966
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalProceedsSalesPriceAmt071966
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-177390
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt1-46225
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/ProceedsSalesPriceAmt0-177390
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/ProceedsSalesPriceAmt1-46225
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0PARTNERSHIP FLOW THRU
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1PARTNERSHIP FLOW THRU (FORM 6781)
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt0-223615
IRS8949/LongTermCapitalGainAndLossGrp/TotalProceedsSalesPriceAmt0-223615
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0102782
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt1-30816
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/ProceedsSalesPriceAmt0102782
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/ProceedsSalesPriceAmt1-30816
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0PARTNERSHIP FLOW THRU
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1PARTNERSHIP FLOW THRU (FORM 6781)
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt071966
IRS8949/ShortTermCapitalGainAndLossGrp/TotalProceedsSalesPriceAmt071966
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/BooksInCareOfDetail/PersonNm0ALFRED F VAN RANST JR
IRS990T/BooksInCareOfDetail/PhoneNum06173381700
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt075 ARLINGTON STREET FL 3
IRS990T/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd0021163936
IRS990T/BookValueAssetsEOYAmt01683793346
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt0145000
IRS990T/OverpaymentSection/OverpaymentAmt0145000
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/PriorYearOverpaymentCreditAmt0145000
IRS990TScheduleA/CapitalGainNetIncomeAmt00
IRS990TScheduleA/InterestDeductionAmt0130518
IRS990TScheduleA/ItmzdSupplementalInfoGrp/ExplanationTxt0FOR FISCAL YEAR ENDED JUNE 30, 2020, THE TAXPAYER USED THE 52000 NAICS CODE TO CLASSIFY INVESTMENT ACTIVITIES BECAUSE THE NON-NAICS CODE WAS NOT INDICATED IN THE 2019 FORM 990-T INSTRUCTIONS. THE TAXPAYER IS USING THE 901101 NON-NAICS CODE FOR FISCAL YEAR ENDED JUNE 30, 2021 PURSUANT TO THE 2020 FORM 990-T INSTRUCTIONS.
IRS990TScheduleA/ItmzdSupplementalInfoGrp/LineNum0ITEM C
IRS990TScheduleA/ItmzdSupplementalInfoGrp/PartNum0SCHEDULE A
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/OtherDeductionsAmt0379936
IRS990TScheduleA/PrincipalBusinessActivityCd0901101
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TaxesAndLicensesAmt017572
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt0528026
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt0-292255
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-371977
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-664232
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-664232
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0AGGREGATED PARTNERSHIP INVESTMENTS
IRS990TScheduleA/UBIBeforeNOLDedAmt0-1192258
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-1192258
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxExemptInterestAmt022021
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt0145000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0-1192258
IRS990T/TotalUBTIBeforeSection199AAmt0-1192258
IRS990T/TotalUBTIComputedAmt0-1192258
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALFRED F VAN RANST JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06173381700
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOSTON FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BOST
ReturnHeader/Filer/EIN0042104021
ReturnHeader/Filer/PhoneNum06173381700
ReturnHeader/Filer/USAddress/AddressLine1Txt075 ARLINGTON STREET FL 3
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0021163936
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt060 SOUTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002111
ReturnHeader/PreparerPersonGrp/PhoneNum06179881000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD P TERESCO
ReturnHeader/ReturnTs02022-05-11T12:46:21-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALFRED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VAN RANST JR
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,853$17.5$1,836$210$215$4.90
2023Detailed filing. Detailed filing data is available for this year.$1,709$20.5$1,688$161$210$48.6
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,674$12.3$1,661$325$228$96.3
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,684$13.1$1,671$326$198$127
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,202$9.04$1,193$183$240$57.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,271$10.5$1,260$166$176$10.3
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,235$9.86$1,225$225$151$74.7
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,093$9.31$1,083$206$158$47.9
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$948$7.01$941$115$122$7.26
2015Detailed filing. Detailed filing data is available for this year.$972$6.54$965$133$146$12.9
2014Summary only. Only limited summary data is available for this year.$983$15.7$968$128$130$1.85
2013Summary only. Only limited summary data is available for this year.$878$18.6$860$140$122$18.0
2012Summary only. Only limited summary data is available for this year.$788$10.1$778$74.2$112$37.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$842$9.85$833$89.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$718$9.90$708$92.6