Overview

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Est.

1994

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Faculty Practice Foundation Inc & Affiliates is a nonprofit organization focused on foundation-related initiatives, with a mission detailed in their Schedule O. In the filing year 2025, the organization reported an operating budget of $144.6 million and total revenue of $138.3 million, indicating a significant financial scale. For more information, visit their website at www.bmc.org.

Mission Statement

SEE SCHEDULE O
Revenues
$138.3M
Expenses
$145.6M
Net Income:
-$7.3M
Assets
$95.2M
Liabilities
$33.6M
Net Assets:
+$61.6M
Operating Budget
$144.6M
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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P
Paul Tornetta MD
Board Member
J
James Holsapple MD
Board Member
G
Gregory Grillone MD
Board Member

Frequently Asked Questions

What is Faculty Practice Foundation Inc & Affiliates’s budget?
In 2025, Faculty Practice Foundation Inc & Affiliates reported an annual operating budget of around $144.6 million. More detailed financial information is available to registered users.
What causes does Faculty Practice Foundation Inc & Affiliates support?
Faculty Practice Foundation Inc & Affiliates supports work in Foundations.
Where does Faculty Practice Foundation Inc & Affiliates operate?
Faculty Practice Foundation Inc & Affiliates is headquartered in Boston, MA.