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Massachusetts · Nonprofit

BOSTON WOMEN'S FUND INC

BOSTON WOMEN'S FUND INC (Massachusetts) receives grants from 45 organizations whose IRS filings report $7,314,744 to it, the largest being RUTLAND CORNER FOUNDATION INC ($2,148,227). 20 of them have funded it in more than one year.

Revenue FY2025
$4.9M
Funders on record
45
Grants received
$7.3M
Net assets
$5.1M
20/45 repeat fundersgrants exceed reported revenue in one year
01What it does

What Boston Women's Fund Inc does

Mission

To support community-based organizations & grassroots initiatives run by women and girls in order to create a society based on racial, economic and social justice. We strive for a world free of racism, poverty, and sexism.

As stated on its FY2025 Form 990.

Programs

  1. The organization provides leadership opportunities and education to members of the philanthropy community about the importance of funding gender specific programming, particularly racial, economic, and social justice activism.

    $504,369 spent
    40% of program spending
  2. The organization provides grants, support and assistance to grassroots women's and girl's projects working for racial, economic, and social justice. The organization supports work on critical issues such as ending racial and gender discrimination, welfare reform, health care, violence prevention, reproductive freedom, homelessness, workplace equity, and economic development. All grantmaking funds are distributed during the summer cycle

    $753,382 spentof which $553,788 as grants
    60% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,257,751.

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 ($303k) Expenses 100 ($245k) Net assets 100 ($1.9M)2019 Revenue 151 ($458k) Expenses 147 ($361k) Net assets 116 ($2.2M)2020 Revenue 112 ($340k) Expenses 246 ($605k) Net assets 102 ($1.9M)2021 Revenue 474 ($1.4M) Expenses 307 ($753k) Net assets 138 ($2.6M)2022 Revenue 472 ($1.4M) Expenses 445 ($1.1M) Net assets 138 ($2.6M)2023 Revenue 783 ($2.4M) Expenses 630 ($1.5M) Net assets 199 ($3.7M)2024 Revenue 408 ($1.2M) Expenses 1081 ($2.7M) Net assets 119 ($2.2M)2025 Revenue 1624 ($4.9M) Expenses 818 ($2.0M) Net assets 275 ($5.1M)
'17'19'20'21'22'23'24'25
Revenue (1624)Expenses (818)Net assets (275)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 2024 to 2025, from $2.4M to $5.2M (+118%).

$1.9M
$2.2M
$2.0M
$2.6M
$2.6M
$3.9M
$2.4M
$5.2M
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 4% · 2022 3%. Grants only. Government contracts and fees sit inside program revenue.

97% of BOSTON WOMEN'S FUND INC’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$57k
’17
$97k
’19
−$264k
’20
$680k
’21
$337k
’22
$822k
’23
−$1.4M
’24
$2.9M
’25
3.2
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

Natanja Craig Oquendo

Chief executive officer

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2019 and FY2020 filings.

'17'19'20'21'22'23'24'25
Listed111271514131310
Joined··+1+9+0+1+0+5
No longer listed··611208
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 18 funders, grant income rose $76k → $1.1M.

9 of 45 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% 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: $535k from 2 payers (the payer shares this organization's board, largest Boston Foundation Inc). These are real filings, and they are not money BOSTON WOMEN'S FUND INC raised.

From the IRS filings of BOSTON WOMEN'S FUND INC’s funders (the co-funder graph). Top 30 of 45 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 WOMEN'S FUND INC has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

41% 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 WOMEN'S FUND INC.

29%
largest funder
52%
top three
~7
effective funders

Largest funder’s share by year: 2017 91% · 2018 85% · 2019 74% · 2020 58% · 2021 27% · 2022 38% · 2023 17% — 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

35% of BOSTON WOMEN'S FUND INC's funders are still giving 3 years after their first grant; 44% 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

78% of BOSTON WOMEN'S FUND INC's grant income comes from Massachusetts funders.

IL
NY
MA
SD
PA
CT
CA
VA
GA

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. $2.6M arriving through sponsors registered in 7 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 WOMEN'S FUND INC runs a healthier operating margin than three-quarters of the 1,504 philanthropy nonprofits its size.

Operating margin59% · top quartile
Months of reserve3.2mo · below the median
Revenue growth (annualized)42% · top quartile

this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025

Organizations like BOSTON WOMEN'S FUND INC

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

63% of spending goes to programs.

Program 63%Management 20%Fundraising 17%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

58%

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

Screen this organization

A dated, signed PDF of the compliance screen for BOSTON WOMEN'S FUND INC: 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.

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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 WOMEN'S FUND INC?
BOSTON WOMEN'S FUND INC (Massachusetts) receives grants from 45 organizations whose IRS filings report $7,314,744 to it, the largest being RUTLAND CORNER FOUNDATION INC ($2,148,227). 20 of them have funded it in more than one year.
How many funders does BOSTON WOMEN'S FUND INC have?
IRS filings report 45 organizations giving $7,314,744 in grants to BOSTON WOMEN'S FUND INC, 20 of which have funded it in more than one year.
Who is the largest funder of BOSTON WOMEN'S FUND INC?
RUTLAND CORNER FOUNDATION INC is the largest funder on record, with $2,148,227 in grants. The full list of funders is on this page.
How can an organization like BOSTON WOMEN'S FUND INC 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 45 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 14, 2026. What this page cannot tell you · view filing