Mass General Brigham Incorporated And Affiliates Group Rtn

Organization Overview

Mass General Brigham Incorporated And Affiliates Group Rtn is located in Somerville, 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 09/2021, Mass General Brigham Incorporated And Affiliates Group Rtn employed 83,077 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mass General Brigham Incorporated And Affiliates Group Rtn 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, Mass General Brigham Incorporated And Affiliates Group Rtn generated $18.7b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $17.1b during the year ending 09/2021. While expenses have increased by 7.2% 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.

Since 2015, Mass General Brigham Incorporated And Affiliates Group Rtn has awarded 1,106 individual grants totaling $6,160,622,776. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PATIENT CARE, RESEARCH, EDUCATION AND SERVICE TO THE COMMUNITY LOCALLY AND GLOBALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Amn Healthcare Inc
Staffing Services
$68,450,826
Walsh Brothers
Construction Services
$71,843,683
Skanska Usa Building Inc
Construction Services
$30,554,515
Nbbj Lp
Architectural Services
$22,808,648
Cb Richard Ellis
Facilities Management
$22,633,640
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$17,652,098
Related organizations$1,574,621,789
Government grants $1,025,441,286
All other contributions, gifts, grants, and similar amounts not included above$2,333,214,247
Noncash contributions included in lines 1a–1f $55,629,133
Total Revenue from Contributions, Gifts, Grants & Similar$4,950,929,420
Total Program Service Revenue$12,992,648,821
Investment income $77,942,220
Tax Exempt Bond Proceeds $0
Royalties $24,354,197
Net Rental Income $60,620,329
Net Gain/Loss on Asset Sales $515,321,152
Net Income from Fundraising Events -$3,610,653
Net Income from Gaming Activities $17,657
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,707,655,664

Grants Awarded

Over the last fiscal year, Mass General Brigham Incorporated And Affiliates Group Rtn has awarded $1,845,235,119 in support to 140 organizations.

Grant RecipientAmount

Somerville, MA

PURPOSE: TO SUPPORT TAX EXEMPT AFFILIATE

$637,449,190

THE MASSACHUSETTS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: TO SUPPORT TAX EXEMPT AFFILIATE

$523,090,204

MASS GENERAL BRIGHAM INCORPORATED

Org PageRecipient Profile

Somerville, MA

PURPOSE: TO SUPPORT TAX EXEMPT AFFILIATE

$333,847,387

NSMC HEALTHCARE INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: TO SUPPORT TAX EXEMPT AFFILIATE

$119,066,830

NEWTON-WELLESLEY HEALTH CARE SYSTEM INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: TO SUPPORT TAX EXEMPT AFFILIATE

$72,840,574

THE GENERAL HOSPITAL CORPORATION

Org PageRecipient Profile

Somerville, MA

PURPOSE: TO SUPPORT TAX EXEMPT AFFILIATE

$31,739,583
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Mass General Brigham Incorporated And Affiliates Group Rtn has recieved totaling $102,000.

Awarding OrganizationAmount
Life Sciences Research Foundation

Charlotte, NC

PURPOSE: TO FUND RESEARCH FELLOWSHIPS IN BIOLOGICAL SCIENCES

$67,000
Mccourt Foundation Inc

Braintree, MA

PURPOSE: TO FURTHER NEUROLOGY RESEARCH AT BRIGHAM & WOMEN'S HOSPITAL DEPARTMENT OF NEUROLOGY

$25,000
Fiduciary Charitable Foundation

Boston, MA

PURPOSE: DONATIONS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,149,754,057
Earnings$825,097,143
Net Contributions$110,023,333
Other Expense$107,264,487
Ending Balance$3,977,610,046

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