Private Foundation

FOUNDATION FOR BUSINESS EQUITY INC

FOUNDATION FOR BUSINESS EQUITY INC is a private foundation categorized as Private Foundation based in BOSTON, MA. Its most recent IRS filing (2022) reports revenue of $2.6M, expenses of $1.5M. Imperigo tracks 4 reported grants from this foundation totaling approximately $454K.

EIN: 821912000 BOSTON, MA General Support NTEE: DEFAULT Latest filing: 2022
Total Revenue$2.6M
Total Expenses$1.5M
Grants Given4
Grant Total$454K
Filing Years2018–2022

Sample Grants Given

MASSACHUSETTS VOTER EDUCATION NETWORK INC
BOSTON, MA · 2021
EXEMPT PURPOSES
$3,500
GREATER BOSTON CHAMBER OF COMMERCE
BOSTON, MA · 2020
THE FOUNDATION HAS PARTNERED WITH THE GREATER BOSTON CHAMBER OF COMMERCE (THE "CHAMBER") TO EXPAND CORPORATE PROCUREMENT OPPORTUNITIES FOR PARTICIPATING ENTERPRISES THROUGH THE CHAMBER'S SUPPLIER DIVERSITY INITIATIVE. THE INITIAL OBJECTIVE OF THE PACESETTER GROUP IS TO INCREASE THE OPPORTUNITIES AVAILABLE FOR BIDDING BY THE PARTICIPATING ENTERPRISES AND FOR OPPORTUNITIES THAT FIT WITHIN THE STRATEGIC GROWTH PLANS OF THE PARTICIPATING ENTERPRISES. THERE IS NO COST TO THE PARTICIPATING ENTERPRISES TO ACCESS THE PACESETTER GROUP.
$150,000
GREATER BOSTON CHAMBER OF COMMERCE
BOSTON, MA · 2019
THE FOUNDATION HAS PARTNERED WITH THE GREATER BOSTON CHAMBER OF COMMERCE (THE "CHAMBER") TO EXPAND CORPORATE PROCUREMENT OPPORTUNITIES FOR PARTICIPATING ENTERPRISES THROUGH THE CHAMBER'S SUPPLIER DIVERSITY INITIATIVE. THE INITIAL OBJECTIVE OF THE PACESETTER GROUP IS TO INCREASE THE OPPORTUNITIES AVAILABLE FOR BIDDING BY THE PARTICIPATING ENTERPRISES AND FOR OPPORTUNITIES THAT FIT WITHIN THE STRATEGIC GROWTH PLANS OF THE PARTICIPATING ENTERPRISES. THERE IS NO COST TO THE PARTICIPATING ENTERPRISES TO ACCESS THE PACESETTER GROUP.
$150,000
GREATER BOSTON CHAMBER OF COMMERCE
BOSTON, MA · 2018
CHARITABLE CONTRIBUTION TO SUPPORT NONPROFIT ORGANIZATIONS THROUGH THE GREATER BOSTON CHAMBER OF COMMERCE
$150,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

DIRECTOR Glynn T Lloyd
TREASURER/DIRECTOR James B Fitzgerald
CLERK/SECRETARY/DIRECTOR Kathleen C Henry
PRESIDENT/DIRECTOR Nancy Huntington Stager
DIRECTOR Quincy L Miller
DIRECTOR Robert F Rivers

Officer compensation and complete director data available with membership.

Top Grant Purposes

THE FOUNDATION HAS PARTNERED WITH THE GREATER BOSTON CHAMBER OF COMMERCE (THE "CHAMBER") TO EXPAND CORPORATE PROCUREMENT OPPORTUNITIES FOR PARTICIPATING ENTERPRISES THROUGH THE CHAMBER'S SUPPLIER DIVERSITY INITIATIVE. THE INITIAL OBJECTIVE OF THE PACESETTER GROUP IS TO INCREASE THE OPPORTUNITIES AVAILABLE FOR BIDDING BY THE PARTICIPATING ENTERPRISES AND FOR OPPORTUNITIES THAT FIT WITHIN THE STRATEGIC GROWTH PLANS OF THE PARTICIPATING ENTERPRISES. THERE IS NO COST TO THE PARTICIPATING ENTERPRISES TO ACCESS THE PACESETTER GROUP.
$300,000 2 grants
CHARITABLE CONTRIBUTION TO SUPPORT NONPROFIT ORGANIZATIONS THROUGH THE GREATER BOSTON CHAMBER OF COMMERCE
$150,000 1 grant
EXEMPT PURPOSES
$3,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $2.6M $1.5M
2021 $1.0M $1.8M $3.7M
2020 $6.3M $2.8M $4.7M
2019 $3.3M $2.5M $1.0M
2018 $3.8M $3.8M $264K

Between 2018 and 2022, reported annual revenue declined from $3.8M to $2.6M (-31%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA.

MA

Full geographic grant map with state-by-state breakdown available with membership.

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