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Massachusetts · Nonprofit
FOUNDATION FOR BUSINESS EQUITY INC (Massachusetts) is funded by 12 grantmakers whose IRS filings report $5,892,800 in grants to it, the largest being Eastern Bank Foundation ($4,892,125). 4 of them have funded it in more than one year.
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude.
$1.1M from 3 funders in 2022, up from $2.9M and 8 in 2020.
2 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FOUNDATION FOR BUSINESS EQUITY INC’s funders (the co-funder graph). Association, not causation.
FOUNDATION FOR BUSINESS EQUITY INC leans on a few funders — its largest provides 83% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 87% · 2021 70% · 2022 95% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
FOUNDATION FOR BUSINESS EQUITY INC is locally rooted: 93% of its grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 12 funders put you under-funded among the 400 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2022 (financials across 2018–2022), and the filings of 12funders 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. view filing