Mass General Brigham Incorporated

Organization Overview

Mass General Brigham Incorporated is located in Boston, MA. The organization was established in 2010. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2018, Mass General Brigham Incorporated employed 2,109 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mass General Brigham Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2018, Mass General Brigham Incorporated generated $299.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $292.1m during the year ending 09/2018. While expenses have increased by 2.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

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Describe the Organization's Program Activity:

Part 3 - Line 4a

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Medical Record Associates Inc
Medical Records
$681,084
Fish And Richardson Pc
Legal
$744,120
Pricewaterhousecoopers Llp
Audit And Tax
$636,125
Bond Brothers Inc
Construction
$1,061,976
Kpmg Llp
Consulting
$640,619
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$47,345,277
Investment income $147,863
Tax Exempt Bond Proceeds $0
Royalties $4,417,495
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,581,517
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $299,721,576

Grants Awarded

Over the last fiscal year, Mass General Brigham Incorporated has awarded $19,250,764 in support to 27 organizations.

Grant RecipientAmount

MASS EYE & EAR ASSOCIATES

Org PageRecipient Profile

Boston, MA

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$15,083,409

BIONIC EYE TECHNOLOGIES INC

PURPOSE: Basic Research

$1,106,959

MASSACHUSETTS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: Basic Research

$800,296

PRESIDENT & FELLOWS OF HARVARD

Org PageRecipient Profile

Cambridge, MA

PURPOSE: Basic Research

$426,941

BRIGHAM & WOMEN'S HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: Basic Research

$309,529

SCHEPENS EYE RESEARCH INSTITUTE

Org PageRecipient Profile

Boston, MA

PURPOSE: Basic Research

$271,961
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Mass General Brigham Incorporated has recieved totaling $2,356,190.

Awarding OrganizationAmount
Foundation Fighting Blindness Inc

Columbia, MD

PURPOSE: RESEARCH

$840,000
Research To Prevent Blindness Endowment Fund Inc

New York, NY

PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT

$350,000
Pew Charitable Trusts

Washington, DC

PURPOSE: DAF Grant

$327,895
Research To Prevent Blindness Endowment Fund Inc

New York, NY

PURPOSE: LOW VISION RESEARCH GRANT

$300,000
Fiduciary Charitable Foundation

Boston, MA

PURPOSE: DONATIONS

$126,445
Research To Prevent Blindness Endowment Fund Inc

New York, NY

PURPOSE: UNRESTRICTED RESEARCH GRANT: DEPARTMENT OF OPHTHALMOLOGY

$115,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$73,437,271
Earnings$24,134,233
Admin Expense$1,022,838
Net Contributions$3,101,773
Other Expense$3,675,186
Ending Balance$95,975,253

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