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Massachusetts · Nonprofit

BOSTON MEDICAL CENTER CORPORATION

BOSTON MEDICAL CENTER CORPORATION (Massachusetts) receives grants from 424 organizations whose IRS filings report $240,618,226 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($36,385,566). 231 of them have funded it in more than one year.

Revenue FY2025
$3.0B
Funders on record
424
Grants received
$241M
Net assets
$1.4B
231/424 repeat funderspeak grant-dependency 2%
01What it does

What Boston Medical Center Corporation does

Mission

Boston medical center's mission is to provide consistently excellent and accessible health services to all in need of care regardless of status and ability to pay.

As stated on its FY2025 Form 990.

Programs

  1. The statute that authorized the creation of boston medical center requires it to serve all populations. Bmc is a private, not-for-profit, 654-licensed bed, urban academic medical center which emphasizes community-based, accessible care and the mission to provide consistently accessible health services to all in need of care regardless of status and ability to pay. Bmc is the largest safety net hospital in new england and provides a full spectrum of pediatric and adult care services from primary to family medicine to advanced specialty care. Boston medical center is dedicated to providing accessible health care. Nearly 75 percent of our patients come from underserved populations, such as the low-income and elderly, who rely on government payers such as medicaid, the health safety net, and medicare for their coverage; 27 percent do not speak english as a primary language. To address the health needs of diverse patient populations, bmc provides a wide range of services beyond the traditional medical model. These programs, including patient navigation and a food pantry, help to reduce barriers to access to health services and eliminate disparities in health care among various…

    $2,591,094,867 spent$2,876,427,389 earned by the program
    99% of program spending
  2. Boston medical center provides research support to organizations within the u.s. As well as foreign organizations.

    $13,272,965 spentof which $13,272,965 as grants
    1% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,604,367,832.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.4B) Expenses 100 ($1.3B) Net assets 100 ($1.3B)2018 Revenue 110 ($1.5B) Expenses 111 ($1.4B) Net assets 106 ($1.3B)2019 Revenue 126 ($1.7B) Expenses 127 ($1.6B) Net assets 105 ($1.3B)2020 Revenue 136 ($1.9B) Expenses 137 ($1.8B) Net assets 105 ($1.3B)2021 Revenue 143 ($2.0B) Expenses 147 ($1.9B) Net assets 113 ($1.4B)2022 Revenue 155 ($2.1B) Expenses 163 ($2.1B) Net assets 99 ($1.3B)2023 Revenue 172 ($2.4B) Expenses 186 ($2.4B) Net assets 99 ($1.2B)2024 Revenue 188 ($2.6B) Expenses 203 ($2.6B) Net assets 110 ($1.4B)2025 Revenue 215 ($3.0B) Expenses 228 ($3.0B) Net assets 111 ($1.4B)
'17'18'19'20'21'22'23'24'25
Revenue (215)Expenses (228)Net assets (111)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $2.4B to $2.7B (+13%).

$2.2B
$2.5B
$2.4B
$2.7B
$2.7B
$2.5B
$2.6B
$2.8B
$3.0B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 6% · 2021 7% · 2022 2% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of BOSTON MEDICAL CENTER CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$81M
’17
$78M
’18
$97M
’19
$98M
’20
$59M
’21
$13M
’22
−$39M
’23
−$41M
’24
$4.9M
’25
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Alastair Bell Md

Bmchs president & CEO/trustee

Board chair

Martha Samuelson

Chair/trustee

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed454545434548424544
Joined·+5+3+3+8+7+4+8+7
No longer listed·535641058
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 83 funders to 162 funders, grant income rose $18M → $29M.

34 of 424 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $40M from 28 payers (the payer shares this organization's board, largest Trustees of Boston University). These are real filings, and they are not money BOSTON MEDICAL CENTER CORPORATION raised.

From the IRS filings of BOSTON MEDICAL CENTER CORPORATION’s funders (the co-funder graph). Top 30 of 424 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BOSTON MEDICAL CENTER CORPORATION has a broad base — no single funder exceeds 15% of grant income, and it takes 11 funders to reach half.

the vertical line marks half of all grant income — 11 funders to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BOSTON MEDICAL CENTER CORPORATION.

15%
largest funder
28%
top three
~23
effective funders

Largest funder’s share by year: 2017 14% · 2018 26% · 2019 22% · 2020 25% · 2021 20% · 2022 15% · 2023 11% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

42% of BOSTON MEDICAL CENTER CORPORATION's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

BOSTON MEDICAL CENTER CORPORATION draws 53% of its grant income from funders outside Massachusetts, across 34 states in all.

VT
NH
WA
MN
IL
WI
MI
NY
MA
IN
OH
PA
NJ
CT
RI
CA
CO
NE
MO
KY
VA
MD
DE
AZ
KS
TN
NC
SC
DC
OK
MS
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $101M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BOSTON MEDICAL CENTER CORPORATION is better cushioned than half of the 1,256 health nonprofits its size.

Operating margin0% · below the median
Months of reserve0.6mo · above the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 1,256 health nonprofits over $100M, FY2025

Government funding BOSTON MEDICAL CENTER CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.3B on record — $484.9M federal, $4.8B state.

Federal$484.9M
grants $476.4Mcontracts $8.5M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$475.3M
  • Department of Defense$5.1M
  • Department of Veterans Affairs$1.8M
  • Department of Justice$1.3M
  • Department of Agriculture$945k
  • Corporation for National and Community Service$363k
State$4.8B
14
17
18
19
20
21
22
23
24
25
26
By state
  • MA$4.8B
  • CT$504k
  • VT$1k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BOSTON MEDICAL CENTER CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

24
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

62%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 34 related entities

  • Bmc Affiliated Physicians Inc · exempt
  • Bmc Health System Inc · exempt
  • Bmc Insurance Co Ltd of Vermont · exempt
  • Bmc Integrated Care Services Inc · exempt
  • Boston Emergency Physician Fdn Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BOSTON MEDICAL CENTER CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BOSTON MEDICAL CENTER CORPORATION?
BOSTON MEDICAL CENTER CORPORATION (Massachusetts) receives grants from 424 organizations whose IRS filings report $240,618,226 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($36,385,566). 231 of them have funded it in more than one year.
How many funders does BOSTON MEDICAL CENTER CORPORATION have?
IRS filings report 424 organizations giving $240,618,226 in grants to BOSTON MEDICAL CENTER CORPORATION, 231 of which have funded it in more than one year.
Who is the largest funder of BOSTON MEDICAL CENTER CORPORATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $36,385,566 in grants. The full list of funders is on this page.
How can an organization like BOSTON MEDICAL CENTER CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 424 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing