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Massachusetts · Nonprofit

FOUNDATION FOR BUSINESS EQUITY INC

FOUNDATION FOR BUSINESS EQUITY INC (Massachusetts) receives grants from 13 organizations whose IRS filings report $6,017,800 to it, the largest being Eastern Bank Foundation ($4,892,125). 4 of them have funded it in more than one year.

$2.6M
Revenue FY2022
13
Funders on record
$6.0M
Grants received
$0
Net assets
4/13 repeat fundersgrants exceed reported revenue in one year

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($3.8M) Expenses 100 ($3.8M) Net assets 100 ($93k)2019 Revenue 85 ($3.3M) Expenses 66 ($2.5M) Net assets 992 ($922k)2020 Revenue 164 ($6.3M) Expenses 73 ($2.8M) Net assets 4769 ($4.4M)2021 Revenue 27 ($1.0M) Expenses 48 ($1.8M) Net assets 3893 ($3.6M)2022 Revenue 69 ($2.6M) Expenses 39 ($1.5M) Net assets 0 ($0)
20182019202020212022
Revenue (69)Expenses (39)Net assets (0)
02Who funds it

Who funds it, year by year

2020 → 2022: the base narrowed from 8 funders to 3 funders, grant income fell $2.9M → $1.1M.

2 of 13 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. 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

FOUNDATION FOR BUSINESS EQUITY INC leans on a few funders — its largest provides 81% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

81%
largest funder
91%
top three
~1
effective funders

Largest funder’s share by year: 2020 87% · 2021 66% · 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. 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.

Where its funders are

93% of FOUNDATION FOR BUSINESS EQUITY INC's grant income comes from Massachusetts funders.

NY
MA
PA
RI

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

20
21
22
Massachusetts out of state home

Funder states come from each funder’s own filing. $275k arriving through sponsors registered in 1 stateis 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.

03Its place in the field

Funders to approach

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 13 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.

Organizations like FOUNDATION FOR BUSINESS EQUITY INC

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.

In Massachusetts

Nationally

04Profile & governance

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

Screen this organization

A dated, signed PDF of the compliance screen for FOUNDATION FOR BUSINESS EQUITY 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.

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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FOUNDATION FOR BUSINESS EQUITY INC?
FOUNDATION FOR BUSINESS EQUITY INC (Massachusetts) receives grants from 13 organizations whose IRS filings report $6,017,800 to it, the largest being Eastern Bank Foundation ($4,892,125). 4 of them have funded it in more than one year.
How many funders does FOUNDATION FOR BUSINESS EQUITY INC have?
IRS filings report 13 organizations giving $6,017,800 in grants to FOUNDATION FOR BUSINESS EQUITY INC, 4 of which have funded it in more than one year.
Who is the largest funder of FOUNDATION FOR BUSINESS EQUITY INC?
Eastern Bank Foundation is the largest funder on record, with $4,892,125 in grants. The full list of funders is on this page.
How can an organization like FOUNDATION FOR BUSINESS EQUITY 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 FY2022 (financials across 2018–2022), and the filings of 13funders 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 August 27, 2026. What this page cannot tell you · view filing