Public Charity

BOSTON IMPACT INITIATIVE FUND

BOSTON IMPACT INITIATIVE FUND is a Public Charity headquartered in JAMAICA PLAIN, MA. Financial data from the 2024 filing: $5.4M revenue, $2.8M expenses, $23.4M total assets. 46 publicly reported grants to this organization, totaling roughly $6.2M, appear in IRS filings.

EIN: 821543658 JAMAICA PLAIN, MA Single Organization Support NTEE: S11 Latest filing: 2024
Total Revenue$5.4M
Total Expenses$2.8M
Total Assets$23.4M
Grant Records46
Funding Total$6.2M
Filing Years2020–2024

Mission

SEE SCHEDULE O

Where $100 goes at Boston Impact Initiative Fund

How Boston Impact Initiative Fund divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$64 Programs the work itself
$32 Management running the organization
$4 Fundraising raising the next dollar

Inside the $64 for programs

$49
Bii fund I bii's inaugural fund ("bii fund I") was launched in 2017 to invest integrated capital - a blend of loans, equity, grants, technical assistance, and networks…
77% of program spending
$15
Bii engages in field-building, education and advocacy initiatives that challenge conventional beliefs about ownership, competition, profit-making and control of capital
23% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

IMPACT DIRECTOR Aliana Pineiro
CEO Betty Francisco
DIRECTOR Guillermo Quinteros
INVESTMENT DIRECTOR Henry Noel
BOARD CHAIR Juan Leyton
FINANCIAL CONTROLLER Kafilat Lawal

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,213,502 29 grants
Human & Social Services
$857,500 5 grants
Civil Rights & Social Justice
$320,000 1 grant
Economic Development
$307,600 5 grants
Health & Medicine
$100,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.4M $2.8M $23.4M
2023 $1.9M $2.1M $16.0M
2022 $2.9M $2.1M $10.1M
2021 $1.5M $1.7M $9.3M
2020 $3.2M $1.3M $9.8M

Between 2020 and 2024, reported annual revenue grew from $3.2M to $5.4M (+71%), with total assets most recently reported at $23.4M.

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

See the full picture for BOSTON IMPACT INITIATIVE FUND

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