Mass General Brigham Incorporated

Organization Overview

Mass General Brigham Incorporated 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 employed 7,466 individuals. This organization is a parent organization of 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 09/2020, Mass General Brigham Incorporated generated $2.2b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $2.3b during the year ending 09/2020. While expenses have increased by 11.8% 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 has awarded 524 individual grants totaling $1,384,148,489. 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

PATIENT CARE, TEACHING, RESEARCH AND SERVING THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Suffolk Construction Company
Construction Services
$12,498,865
Randstad Healthcare
Staffing Services
$11,725,130
Accenture Llp
Consulting Services
$6,665,613
Boathouse Group Inc
Marketing Services
$4,590,644
Southwest Consulting Associates Inc
Consulting Services
$6,505,794
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,209,696,539
Investment income $11,285,786
Tax Exempt Bond Proceeds $15,153
Royalties $1,158,759
Net Rental Income $636,741
Net Gain/Loss on Asset Sales -$86,905,087
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,181,423,789

Grants Awarded

Over the last fiscal year, Mass General Brigham Incorporated has awarded $79,148,847 in support to 78 organizations.

Grant RecipientAmount

MASS GENERAL BRIGHAM COMMUNITY PHYSICIANS INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: EXEMPT AFFILIATE SUPPORT

$35,926,877

SPAULDING REHABILITATION INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: EXEMPT AFFILIATE SUPPORT

$21,731,600

NORTH SHORE PHYSICIANS GROUP INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: EXEMPT AFFILIATE SUPPORT

$5,253,072

MASSACHUSETTS GENERAL PHYSICIANS ORGANIZATION INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: EXEMPT AFFILIATE SUPPORT

$3,642,261

PARTNERS MEDICAL INTERNATIONAL INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: EXEMPT AFFILIATE SUPPORT

$2,000,000

MASS GENERAL BRIGHAM HOME CARE INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: EXEMPT AFFILIATE SUPPORT

$1,908,741
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Mass General Brigham Incorporated has recieved totaling $725,265.

Awarding OrganizationAmount
American Medical Association

Chicago, IL

PURPOSE: REIMAGINING RESIDENCY GRANT

$385,000
Institute For Healthcare Improvement

Boston, MA

PURPOSE: HEALTH CARE

$250,000
Cedar Street Charitable Foundation Inc

Milwaukee, WI

PURPOSE: GENERAL

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$11,765
Amg Charitable Gift Foundation

Greenwood Village, CO

PURPOSE: MEDICAL

$10,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,170,715
Earnings$3,103,948
Net Contributions$290,131
Other Expense$428,436
Ending Balance$14,136,358

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