Boston Foundation Inc
Boston, MA · EIN 04-2104021 · Philanthropy and grantmaking · Rank 1,555 by total revenue
As Greater Boston's community foundation, the Boston Foundation devotes its resources to expanding opportunities, improving lives and strengthening communities.MAJOR GOALS & OBJECTIVES:The Foundation fulfills this mission in three principal ways: (1) Working with nonprofit organizations through grantmaking and deep partnership to address our community's critical challenges;(2) Partnering with donors, nonprofit organizations, and companies to pursue philanthropy that is not only effective, but values-aligned and fulfilling; and (3) Utilizing civic leadership and engagement, through research, convening, and advocacy to advance justice and equity in Greater Boston.
Money, Form 990 for tax year 2024
- Total revenue
- $426,656,046
- Total expenses
- $279,853,597
- Total assets
- $2,145,008,944
- Salary base (all salaries and wages)
- $16,766,204
- Salaries, other pay and benefits
- $20,150,710
- Employees
- 157
- Salary base per employee
- $106,791
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (30)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| M Lee Pelton | President & CEO | Officer | 50 | $915,854 |
| George C Wilson | Assistant Treasurer | Officer | 50 | $461,064 |
| Brian Douglas | CFO & Treasurer | Officer | 50 | $428,399 |
| Leigh Gasper | Asst.Sec.& VP | Officer | 40 | $296,531 |
| Kristen O'Connell | Secretary (1/3/24-11/8/24) | Officer | 40 | $123,086 |
| Kendall Stanley | Secretary (4/3/25-present) | Officer | 40 | None reported |
| Kate Guedj | SVP and Chief Phil. Off. | Key employee | 50 | $469,241 |
| Keith Mahoney | VP, Comm. & Public Affairs | Key employee | 50 | $367,340 |
| Orlando Watkins | VP & Chief Prog. Officer | Key employee | 50 | $362,123 |
| Leslie Pine | Mgr Partner, TPI | Key employee | 50 | $289,646 |
| Dwight Poler | Chair | Board | 1 | None reported |
| Charles Anderson | Director | Board | 1 | None reported |
| Andrew Arnott | Director | Board | 1 | None reported |
| Raja Bobbili | Director | Board | 1 | None reported |
| Kendall Burlin Oconnell | Director | Board | 1 | None reported |
| Vanessa Calderon Rosado | Director | Board | 1 | None reported |
| Elyse Cherry | Director | Board | 1 | None reported |
| Petrina Martin Cherry | Director | Board | 1 | None reported |
| Brian Conway | Director | Board | 1 | None reported |
| Pam Eddinger | Director | Board | 1 | None reported |
| Betty Francisco | Director | Board | 1 | None reported |
| Tracy Palandjian | Director | Board | 1 | None reported |
| Raj Sharma | Director | Board | 1 | None reported |
| Jane Steinmetz | Director | Board | 1 | None reported |
| Rob Waldron | Director | Board | 1 | None reported |
| CA Webb | Director | Board | 1 | None reported |
| Elaine Zecher | Director | Board | 1 | None reported |
| J Keith Motley | Director | Board | 1 | None reported |
| Zamawa Arenas | Director | Board | 1 | None reported |
| Scott Squillace | Director | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $4,321,079, which is 25.8% of the $16,766,204 salary base shared by 157 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| M Lee Pelton | President & CEO | Officer | 50 | $844,144 | $0 | $71,710 | $915,854 |
| Kate Guedj | SVP and Chief Phil. Off. | Key employee | 50 | $400,579 | $0 | $68,662 | $469,241 |
| George C Wilson | Assistant Treasurer | Officer | 50 | $409,291 | $0 | $51,773 | $461,064 |
| Alfred F Van Ranst Jr | Frmr CFO&Treasurer | Former | 0 | $442,569 | $0 | $6,597 | $449,166 |
| Brian Douglas | CFO & Treasurer | Officer | 50 | $394,571 | $0 | $33,828 | $428,399 |
| Keith Mahoney | VP, Comm. & Public Affairs | Key employee | 50 | $308,118 | $0 | $59,222 | $367,340 |
| Orlando Watkins | VP & Chief Prog. Officer | Key employee | 50 | $341,254 | $0 | $20,869 | $362,123 |
| Leigh Gasper | Asst.Sec.& VP | Officer | 40 | $254,949 | $0 | $41,582 | $296,531 |
| Leslie Pine | Mgr Partner, TPI | Key employee | 50 | $256,583 | $0 | $33,063 | $289,646 |
| Jane Dixon | VP, HR & Culture and Talent | Highly paid employee | 50 | $258,322 | $0 | $23,393 | $281,715 |
Sources
- IRS e-file return 202641269349301584 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 04-2104021
- Organization website (as filed): www.tbf.org