Boyce Foundation
- Assets
- $4.6m
- Revenue
- $73.2k
- Investments
- $4.3m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 26-1617992
Organization Overview
Boyce Foundation is located in Boston, MA. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Boyce Foundation 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 12/2022, Boyce Foundation generated $73.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $319.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Boyce Foundation has awarded 46 individual grants totaling $682,080. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $73,232 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $75,382 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,232 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,140 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,119 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $52,465 |
| Contributions, gifts, grants paid | $267,080 |
| Total expenses and disbursements | $319,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,189 |
| Savings and temporary cash investments | $228,520 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $225,637 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,641,235 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Boyce Foundation has awarded $267,080 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL SLOAN-KETTERING CANCER CENTER PURPOSE: GENERAL PURPOSES | $10,000 |
FISHER HOUSE FOUNDATION PURPOSE: GENERAL PURPOSES | $15,000 |
SPECIAL OPERATIONS FUND PURPOSE: GENERAL PURPOSES | $5,000 |
SPECIAL OPERATIONS FUND PURPOSE: GENERAL PURPOSES | $50,000 |
SUSAN G KOMEN FOR THE CURE PURPOSE: GENERAL PURPOSES | $10,000 |
YOUNG AMERICA'S FOUNDATION PURPOSE: GENERAL PURPOSES | $10,000 |