Boston Bar Foundation Inc
- Assets
- $12.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/1945
- Data as of
- 08/2023
- 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 08/2023, Boston Bar Foundation Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.0m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Boston Bar Foundation Inc has awarded 217 individual grants totaling $11,603,708. 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
2023
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 BFF FUNDS PROJECTS OR STUDIES THAT FOCUS ON UNMET NEEDS IN THE COMMUNITY, INCREASING ACCESS TO JUSTICE FOR UNDERSERVED POPULATIONS, MENTORING YOUNG PEOPLE AND PHILANTHROPY.
THE BBF ALSO MAKES GRANTS THAT SUPPORT PRO BONO AND PUBLIC SERVICE PROJECTS THAT ENGAGE LAWYERS IN OUR COMMUNITY.
SCHOLARSHIPS THROUGH THE MASSACHUSETTS BLACK LAWYERS ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Beck Trustee | Trustee | 1 | $0 |
Stephen P Hall President | OfficerTrustee | 2 | $0 |
John Affuso Trustee | Trustee | 1 | $0 |
Krietta Bowens Jones Trustee | Trustee | 1 | $0 |
Esme Caramello Trustee | Trustee | 1 | $0 |
Mark R Fitzgerald Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $781,377 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,110,975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,892,352 |
| Total Program Service Revenue | $0 |
| Investment income | $40,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $90,212 |
| Net Gain/Loss on Asset Sales | $9,626 |
| Net Income from Fundraising Events | -$225,943 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,806,999 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,546,782 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $28,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,581 |
| Fees for services: Other | $31,620 |
| Advertising and promotion | $0 |
| Office expenses | $613 |
| Information technology | $31,904 |
| 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 | $7,275 |
| All other expenses | $69 |
| Total functional expenses | $2,043,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,574 |
| Savings and temporary cash investments | $2,025,022 |
| Pledges and grants receivable | $337,741 |
| Accounts receivable, net | $190,825 |
| 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 | $42,673 |
| Net Land, buildings, and equipment | $328,686 |
| Investments—publicly traded securities | $9,549,075 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $40,651 |
| Other assets | $0 |
| Total assets | $12,609,247 |
| Accounts payable and accrued expenses | $3,343 |
| Grants payable | $1,390,000 |
| 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 | $157,155 |
| Total liabilities | $1,550,498 |
| Net assets without donor restrictions | $3,889,835 |
| Net assets with donor restrictions | $7,168,914 |
| 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 | $12,609,247 |
Grants Awarded
Over the last fiscal year, Boston Bar Foundation Inc has awarded $1,446,556 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON BAR ASSOCIATION PURPOSE: SUPPORT PRO BONO AND PUBLIC SERVICE PROJECTS | $129,056 |
CASA MYRNA VAZQUEZ PURPOSE: SUPPORT LEGAL AID | $10,000 |
CHILDRENS LAW CENTER OF MA PURPOSE: SUPPORT LEGAL AID | $12,500 |
CITY LIFEVIDA URBANA PURPOSE: SUPPORT LEGAL AID | $25,000 |
GREATER BOSTON LEGAL SERVICES PURPOSE: SUPPORT LEGAL AID | $450,000 |
DE NOVO PURPOSE: SUPPORT LEGAL AID | $70,000 |