Boston Charitable Trust Fund

Organization Overview

Boston Charitable Trust Fund is located in Boston, MA. The organization was established in 1985. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Boston Charitable Trust Fund generated $31.3m in total revenue. All expenses for the organization totaled $20.5m during the year ending 06/2020. While expenses have increased by 320.7% per year over the past 5 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.

Since 2020, Boston Charitable Trust Fund has awarded 178 individual grants totaling $18,549,489. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO FUND OTHER CHARITABLE ORGANIZATIONS WHICH ENGAGE IN CHARITABLE SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRINCIPAL AND INCOME FROM ALL PROPERTY RECEIVED AND ACCEPTED BY THE TRUST SHALL BE DISTRIBUTED TO OR FOR THE USE OF OTHER CHARITABLE ORGANIZATIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$31,284,596
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$31,284,596
Total Program Service Revenue$0
Investment income $11,836
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,296,432

Grants Awarded

Over the last fiscal year, Boston Charitable Trust Fund has awarded $18,549,489 in support to 178 organizations.

Grant RecipientAmount

GREATER BOSTON FOOD BANK

Org PageRecipient Profile

Boston, MA

PURPOSE: TO PROVIDE FINANCIAL RELIEF TO RECIPIENTS DURING THE COVID-19 PANDEMIC.

$2,000,000

HEALTH CARE FOR THE HOMELESS

PURPOSE: TO PROVIDE FINANCIAL RELIEF TO RECIPIENTS DURING THE COVID-19 PANDEMIC.

$1,000,000

Boston, MA

PURPOSE: TO PROVIDE FINANCIAL RELIEF TO RECIPIENTS DURING THE COVID-19 PANDEMIC.

$750,000

BOSTON MEDICAL CENTER

PURPOSE: TO PROVIDE FINANCIAL RELIEF TO RECIPIENTS DURING THE COVID-19 PANDEMIC.

$750,000

Boston, MA

PURPOSE: TO PROVIDE FINANCIAL RELIEF TO RECIPIENTS DURING THE COVID-19 PANDEMIC.

$664,256

RIAN IMMIGRANT CENTER

Org PageRecipient Profile

Boston, MA

PURPOSE: TO PROVIDE FINANCIAL RELIEF TO RECIPIENTS DURING THE COVID-19 PANDEMIC.

$654,600
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Boston Charitable Trust Fund has recieved totaling $2,321,319.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
View Grant Recipient Profile

Peer Organizations

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