The Greater Boston Food Bank Inc

Organization Overview

The Greater Boston Food Bank Inc is located in Boston, MA. The organization was established in 1990. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2022, Greater Boston Food Bank Inc employed 151 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Boston Food Bank Inc 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 09/2021, Greater Boston Food Bank Inc generated $188.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $166.6m during the year ending 09/2021. While expenses have increased by 11.2% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE GREATER BOSTON FOOD BANK'S MISSION IS TO END HUNGER IN EASTERN MASSACHUSETTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GBFB ACQUIRES FOOD THROUGH FOOD INDUSTRY PRODUCT DONATIONS, FOOD DRIVES, AND FINANCIAL CONTRIBUTIONS THAT ENABLE US TO PURCHASE ADDITIONAL HIGH-NUTRIENT QUALITY FOOD. WE ALSO BENEFIT FROM THE GENEROSITY OF OVER 7,000 VOLUNTEERS ANNUALLY WHO HELP SORT AND DISTRIBUTE DONATED FOOD PRODUCTS. GBFB WORKS TO ACQUIRE, STORE, ORGANIZE AND DISTRIBUTE FOOD THROUGH LOCAL FOOD PANTRIES, COMMUNITY MEAL PROGRAMS, SHELTERS, YOUTH PROGRAMS, SENIOR CENTERS AND OTHER COMMUNITY CENTERS IN THE 190 CITIES AND TOWNS OF EASTERN MASSACHUSETTS THAT GBFB SERVES. GBFB'S FOOD ASSISTANCE LOCATOR PROVIDES AN EASY WAY FOR PEOPLE IN NEED TO FIND HELP NEARBY. GBFB ALSO DISTRIBUTES FOOD DIRECTLY TO THOSE IN NEED THROUGH DEDICATED PROGRAMS THAT SERVE PARTICULARLY VULNERABLE GROUPS, SUCH AS SENIORS AND CHILDREN. SINCE 2009, GBFB HAS OPERATED OUT OF A STATE-OF-THE-ART 117,000 SQUARE-FOOT FOOD DISTRIBUTION FACILITY, THE YAWKEY DISTRIBUTION CENTER, LOCATED IN THE NEWMARKET SECTION OF BOSTON. THE GREATER BOSTON FOOD BANK IS A MEMBER OF FEEDING AMERICA, THE NATION'S LARGEST HUNGER-RELIEF ORGANIZATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Slalom Llc
It Consulting
$130,500
Windwalker Group Llc
Security Services
$272,236
Alta Enterprises
Equipment Repair Services
$196,791
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,515,873
All other contributions, gifts, grants, and similar amounts not included above$151,921,074
Noncash contributions included in lines 1a–1f $121,465,269
Total Revenue from Contributions, Gifts, Grants & Similar$182,436,947
Total Program Service Revenue$5,140,359
Investment income $252,594
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $69,701
Net Gain/Loss on Asset Sales $1,743
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $187,976,800

Grants Recieved

Over the last fiscal year, we have identified 26 grants that The Greater Boston Food Bank Inc has recieved totaling $1,122,200.

Awarding OrganizationAmount
Mathworks Foundation Inc

Natick, MA

PURPOSE: EXEMPT PURPOSE

$1,000,000
A Hand Up Charitable Foundation

Leominster, MA

PURPOSE: OPERATIONS

$25,000
Beaverdale Foundation Tr 040800

Chicago, IL

PURPOSE: GENERAL OPERATIONS

$20,000
Csp Charitable Foundation

Boston, MA

PURPOSE: CHARITABLE

$15,000
The Andover Companies Charitable Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,135
Mazars Usa Philanthropic Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,403,757
Earnings-$325,210
Ending Balance$2,078,547

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