Overview

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Est.

2017

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Boston Impact Initiative Fund is dedicated to transforming the impact investing field by integrating economic and racial justice into place-based investment strategies. With an operating budget of $2.8 million and total revenue of $5.4 million for the 2024 filing year, the organization is supported by significant funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, and VANGUARD CHARITABLE ENDOWMENT PROGRAM. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

To transform the impact investing field so that economic and racial justice become integral to any place-based investment strategy.
Revenues
$5.4M
Expenses
$2.8M
Net Income:
+$2.6M
Assets
$23.4M
Liabilities
$18.3M
Net Assets:
+$5.1M
Operating Budget
$2.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
16
Median grant size
$50K
Largest grant received
$350K
M
Mike Leyba
Board Member
N
Nia Evans
Board Member
L
Lisa Owens
Board Member

Frequently Asked Questions

What is BOSTON IMPACT INITIATIVE FUND’s budget?
In 2024, BOSTON IMPACT INITIATIVE FUND reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does BOSTON IMPACT INITIATIVE FUND support?
BOSTON IMPACT INITIATIVE FUND supports work in Economic justice, Financial services, and Business and industry.
Where does BOSTON IMPACT INITIATIVE FUND operate?
BOSTON IMPACT INITIATIVE FUND is headquartered in JAMAICA PLAIN, MA.
Who funded BOSTON IMPACT INITIATIVE FUND recently?
In 2025, BOSTON IMPACT INITIATIVE FUND received grants from Center for Cultural Innovation, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant BOSTON IMPACT INITIATIVE FUND received in 2024?
The largest grant to BOSTON IMPACT INITIATIVE FUND in 2024 exceeds $350 thousand.