Skip to content

Massachusetts · Nonprofit

GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)

GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) (Massachusetts) receives grants from 10 organizations whose IRS filings report $1,312,000 to it, the largest being EASTERN BANK FOUNDATION ($507,000). 3 of them have funded it in more than one year.

Revenue FY2024
$852k
Funders on record
10
Grants received
$1.3M
Net assets
$667k
3/10 repeat funderspeak grant-dependency 47%
01What it does

What Greater Boston Chamber of Commerce Foundationinc(Fka Greater Boston Corp) does

Mission

Transform the lives of current and future residents by leveraging the commonwealth's untapped talent, championing small businesses and creating tomorrow's leaders in support of a 21st century economy

As stated on its FY2024 Form 990.

Program

  1. Civic projects - fund projects which are consistent with the purposes for which the corporation was created: public health, education and social welfare.

    $1,095,033 spent$851,626 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,095,033.

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 ($257) Expenses 100 ($76k) Net assets 100 ($31k)2018 Revenue 19455 ($50k) Expenses 1 ($454) Net assets 258 ($81k)2019 Revenue 68093 ($175k) Expenses 165 ($125k) Net assets 416 ($131k)2020 Revenue 223735 ($575k) Expenses 667 ($506k) Net assets 634 ($199k)2021 Revenue 276965 ($712k) Expenses 1216 ($922k) Net assets -35 ($-11119)2022 Revenue 391420 ($1.0M) Expenses 1127 ($855k) Net assets 445 ($140k)2023 Revenue 781500 ($2.0M) Expenses 1451 ($1.1M) Net assets 2536 ($798k)2024 Revenue 331372 ($852k) Expenses 1531 ($1.2M) Net assets 2119 ($667k)
'17'18'19'20'21'22'23'24
Revenue (331372)Expenses (1531)Net assets (2119)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 2021 to 2022, from $225k to $659k (+193%).

$31k
$81k
$131k
$253k
$225k
$659k
$1.0M
$763k
'17'18'19'20'21'22'23'24
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.

2023
2024
ContributionsProgram revenueInvestmentOther

1% of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

’17
’18
’19
’20
’21
’22
$907k
’23
−$310k
’24
7.1
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.

Board chair

James E Rooney

President/chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed6665551110
Joined·+0+0+0+0+0+8+2
No longer listed·0010023
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $20k → $329k.

3 of 10 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.

Left out of every figure on this page: $25k from one payer (the payer shares this organization's board, largest Boston Foundation Inc). These are real filings, and they are not money GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) raised.

From the IRS filings of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)’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

GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) leans on a few funders — its largest provides 39% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

39%
largest funder
89%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 71% · 2022 75% · 2023 53% — 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

20% of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)'s funders are still giving 2 years after their first grant; 30% give in more than one year at all.

first grant+1y+2y

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

96% of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)'s grant income comes from Massachusetts funders.

ME
MN
NY
MA

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

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

Funder states come from each funder’s own filing. $60k arriving through sponsors registered in 2 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

GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin−36% · bottom quartile
Months of reserve7.1mo · below the median
Revenue growth (annualized)218% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)

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

94% of spending goes to programs.

Program 94%Management 4%Fundraising 1%

Governance

7
board members
86%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

42%

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 1 related entity

  • The Greater Boston Chamber of Commerce · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP): 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 GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)?
GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) (Massachusetts) receives grants from 10 organizations whose IRS filings report $1,312,000 to it, the largest being EASTERN BANK FOUNDATION ($507,000). 3 of them have funded it in more than one year.
How many funders does GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) have?
IRS filings report 10 organizations giving $1,312,000 in grants to GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP), 3 of which have funded it in more than one year.
Who is the largest funder of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP)?
EASTERN BANK FOUNDATION is the largest funder on record, with $507,000 in grants. The full list of funders is on this page.
How can an organization like GREATER BOSTON CHAMBER OF COMMERCE FOUNDATIONINC(FKA GREATER BOSTON CORP) 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 FY2024 (financials across 2017–2024), and the filings of 10 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