Boston Bar Foundation Inc
- Assets
- $10.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/1945
- Data as of
- 08/2022
- EIN
- 04-6111344
Organization Overview
Boston Bar Foundation Inc is located in Boston, MA. The organization was established in 1945. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Bar Foundation 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 08/2022, Boston Bar Foundation Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.9m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Boston Bar Foundation Inc has awarded 218 individual grants totaling $11,474,435. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BOSTON BAR FOUNDATION IS TO PROMOTE JUSTICE BY FUNDING AND PROMOTING INNOVATION IN LEGAL SERVICES, ENHANCING ACCESS TO JUSTICE FOR THE UNDERSERVED, AND SUPPORTING THE PUBLIC INTEREST ACTIVITIES OF THE BAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BBF MAKES GRANTS, PRIMARILY TO PROVIDE LEGAL SERVICES FOR LOW INCOME INDIVIDUALS AND FAMILIES IN THE GREATER BOSTON AREA.
THE BBF ALSO MAKES GRANTS THAT SUPPORT PRO BONO AND PUBLIC SERVICE PROJECTS THAT ENGAGE LAWYERS IN OUR COMMUNITY.
THE BBF OCCASIONALLY FUNDS PROJECTS OR STUDIES THAT FOCUS ON AN UNMET NEED IN THE COMMUNITY OR INCREASING ACCESS TO JUSTICE FOR UNDERSERVED POPULATIONS.
THE BBF PROVIDES SCHOLARSHIPS TO SUPPORT STUDENTS PURSUING A LEGAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Beck President | OfficerTrustee | 2 | $0 |
Stephen P Hall President-Elect | OfficerTrustee | 2 | $0 |
Megan N Gates Treasurer | OfficerTrustee | 2 | $0 |
Paige Scott Reed Secretary | OfficerTrustee | 2 | $0 |
Richard M Page Jr Asst. Secretary | OfficerTrustee | 1 | $0 |
John Affuso Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $723,886 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $977,012 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,700,898 |
| Total Program Service Revenue | $0 |
| Investment income | $3,861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $78,954 |
| Net Gain/Loss on Asset Sales | $128,485 |
| Net Income from Fundraising Events | -$123,362 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,799,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,491,036 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,201 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,579 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $681 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,028 |
| All other expenses | $0 |
| Total functional expenses | $1,942,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,314 |
| Savings and temporary cash investments | $1,778,881 |
| Pledges and grants receivable | $382,482 |
| Accounts receivable, net | $96,984 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,337 |
| Net Land, buildings, and equipment | $376,803 |
| Investments—publicly traded securities | $7,809,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $54,292 |
| Other assets | $0 |
| Total assets | $10,948,237 |
| Accounts payable and accrued expenses | $11,124 |
| Grants payable | $1,297,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $137,052 |
| Total liabilities | $1,445,176 |
| Net assets without donor restrictions | $3,286,783 |
| Net assets with donor restrictions | $6,216,278 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,948,237 |
Grants Awarded
Over the last fiscal year, Boston Bar Foundation Inc has awarded $1,454,650 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: SUPPORT LEGAL AID | $450,000 |
Boston, MA PURPOSE: SUPPORT PRO BONO AND PUBLIC SERVICE PROJECTS | $185,150 |
Boston, MA PURPOSE: SUPPORT LEGAL AID | $175,000 |
Framingham, MA PURPOSE: SUPPORT LEGAL AID | $85,000 |
Boston, MA PURPOSE: SUPPORT LEGAL AID | $80,000 |
Cambridge, MA PURPOSE: SUPPORT LEGAL AID | $70,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Boston Bar Foundation Inc has recieved totaling $164,828.
| Awarding Organization | Amount |
|---|---|
Boston Bar Association Boston, MA PURPOSE: SUPPORT DIVERSITY AND INCLUSION PROJECTS | $118,370 |
Wilson Sonsini Goodrich & Rosati Foundation Palo Alto, CA PURPOSE: General Operating Support | $14,135 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Foley Hoag & Eliot Fdn Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $6,000 |
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $5,818 |
Endowment Analysis
| Beg. Balance | $7,501,928 |
| Earnings | -$965,054 |
| Net Contributions | $93,054 |
| Other Expense | $323,203 |
| Ending Balance | $6,306,725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hebrew Home For The Aged Atriverdale Foundation Inc Bronx, NY | $107,017,435 | $14,129,144 |
Accountable Justice Action Fund Brooklyn, NY | $17,302,951 | $19,744,733 |
Boston Bar Foundation Inc Boston, MA | $10,948,237 | $1,799,920 |
New York Bar Foundation Albany, NY | $14,786,501 | $1,758,419 |
We Oppose Violence Everywhere Now Inc New York, NY | $1,021,458 | $822,834 |
Hundred Club Of Massachusetts Inc Braintree, MA | $9,340,113 | $815,829 |
Rhode Island Bar Foundation Cranston, RI | $5,128,655 | $975,173 |
Tour De Force Bike Ride Inc Washingtonville, NY | $152,206 | $627,759 |
Adams Family Foundation Inc East Haven, CT | $2,935,359 | $412,339 |
Erie County Bar Foundation Inc Buffalo, NY | $1,955,351 | $342,420 |
Hope Mobilization Inc Lowell, MA | $38,226 | $284,897 |
Dutchess County 10-13 Foundation Inc Hopewell Junction, NY | $64,934 | $0 |