Boston Impact Initiative Fund
Grantmaking foundation in Jamaica Plain, Massachusetts · EIN 82-1543658
- Total giving
- $2.9KTax year 2024
- Total assets
- $23MLatest reported
- Latest IRS filing
- 2024Form 990 / 990-PF
Mission
THE BOSTON IMPACT INITIATIVE (BII) WORKS TO BUILD A SUSTAINABLE, INCLUSIVE AND EQUITABLE ECONOMY THAT RESTORES THE PRODUCTIVE CAPACITY OF COMMUNITIES OF COLOR IN EASTERN MASSACHUSETTS. WE DO THIS BY INVESTING INTEGRATED CAPITAL (EQUITY, DEBT AND GRANTS) IN REGENERATIVE LOCAL ENTERPRISES THAT ARE OWNED AND CONTROLLED BY ENTREPRENEURS OF COLOR OR ARE SERVING COMMUNITIES OF COLOR TO HELP CLOSE THE RACIAL WEALTH DIVIDE. BII WORKS WITH OUR PORTFOLIO COMPANIES TO STRENGTHEN THE IMPACT THEY HAVE IN THEIR COMMUNITIES AND IMPROVE THE EFFECTIVENESS OF ENTREPRENEURIAL SERVICES IN EASTERN MASSACHUSETTS. BII ALSO PROVIDES EDUCATION AND TRAINING FOR FELLOW INVESTORS, FUND MANAGERS AND PHILANTHROPISTS NATIONWIDE TO BUILD THE FIELD OF IMPACT INVESTING WITH A RACIAL JUSTICE LENS.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Rudolph Steiner Foundation Inc | $350K | 2022 |
Amounts are rounded. The full grantee list is available with a free account.
Website: www.bostonimpactinitiativefund.com
See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.
Similar foundations in Massachusetts
- Edward P Evans
Andover, MA · gave about $32M - The Berkshire Taconic Community Foundation Inc
Sheffield, MA · gave about $15M - Polybio Research Foundation
Medford, MA · gave about $14M - Boston Medical Center Corporation
Boston, MA · gave about $13M - Boston After School & Beyond Inc
Boston, MA · gave about $5.1M - Stephen Phillips Memorial Scholarship Fund Inc
Boston, MA · gave about $5.1M
Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.