Greater Boston Real Estate Board Foundation
- Assets
- $858.8k
- Revenue
- $585.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 22-3299681
Organization Overview
Greater Boston Real Estate Board Foundation is located in Boston, MA. The organization was established in 1994. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Boston Real Estate Board 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 12/2021, Greater Boston Real Estate Board Foundation generated $585.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $209.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Greater Boston Real Estate Board Foundation has awarded 50 individual grants totaling $820,200. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO CHARITABLE 501(C) ORGANIZATIONS WHOSE ACTIVITIES ARE CONDUCTED IN THE GREATER BOSTON AREA.
Describe the Organization's Program Activity:
THE GREATER BOSTON REAL ESTATE BOARD FOUNDATION WAS ESTABLISHED IN 1994 TO PROVIDE CONTRIBUTIONS TO HOUSING RELATED CHARITIES. IN ADDITION, THE FOUNDATION PROVIDES SCHOLARSHIPS FOR ELIGIBLE GRADUATING HIGH SCHOOL SENIORS TO ATTEND COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Rosen Chair - Elect | OfficerTrustee | 0.5 | $0 |
Karen Fish-Will Chair | OfficerTrustee | 0.5 | $0 |
Lynn Bora Treasurer | OfficerTrustee | 0.5 | $0 |
Kate Franco Clerk/asst. Treasurer | OfficerTrustee | 0.5 | $0 |
Adam Kozol Director Of Finance | Officer | 3 | $0 |
Gregory Vasil CEO | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $461,540 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $124,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $585,877 |
| Total Program Service Revenue | $0 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $585,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $170,946 |
| Grants and other assistance to domestic individuals. | $9,300 |
| 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 | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $209,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,088 |
| Savings and temporary cash investments | $189,682 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $366,503 |
| Total assets | $858,773 |
| Accounts payable and accrued expenses | $5,820 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $5,820 |
| Net assets without donor restrictions | -$487,201 |
| Net assets with donor restrictions | $1,340,154 |
| 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 | $858,773 |
Grants Awarded
Over the last fiscal year, Greater Boston Real Estate Board Foundation has awarded $141,551 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: GENERAL SUPPORT | $45,000 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $25,000 |
Boston, MA PURPOSE: GENERAL SUPPORT | $21,551 |
Boston, MA PURPOSE: GENERAL SUPPORT | $20,000 |
Boston, MA PURPOSE: GENERAL SUPPORT | $20,000 |
Braintree, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greater Boston Real Estate Board Foundation has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Consigli Construction Foundation Inc Milford, MA PURPOSE: SCHOLARSHIP LEADERSHIP BREAKFAST | $2,500 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harc Inc Hartford, CT | $9,020,938 | $21,432,465 |
Community Action Programs Inter-City Inc Chelsea, MA | $5,352,397 | $12,740,283 |
North Shore Community Action Programs Inc Peabody, MA | $2,572,434 | $10,364,701 |
Bridgeport Rescue Mission Inc Bridgeport, CT | $13,115,904 | $7,507,161 |
Community Action Agency Of Somerville Inc Somerville, MA | $3,713,517 | $6,600,399 |
Family Center Inc Brooklyn, NY | $5,076,025 | $6,630,119 |
Child Health And Development Institute Of Connecticut Inc Farmington, CT | $14,669,719 | $19,966,539 |
Marys Meadow At Providence Place Inc Holyoke, MA | $7,290,034 | $5,907,065 |
Nashua Center Nashua, NH | $2,054,563 | $6,528,352 |
Community Action Program For Madison County Inc Morrisville, NY | $2,954,895 | $4,819,285 |
American Corporate Partners New York, NY | $9,248,208 | $6,198,246 |
Womens Lunch Place Inc Boston, MA | $7,446,341 | $6,100,392 |