Overview
What is Bruce J Anderson Foundation C/O Boston Foundation Inc?
Bruce J Anderson Foundation C/O Boston Foundation Inc is a grant-making nonprofit organization situated in Boston, Massachusetts. Their primary focus lies in aiding various sectors, including environmental protection, historic preservation, the arts, and mental health, specifically in the areas of Cape Ann and the Nashua River Watershed. The foundation assists organizations operating within these fields, contributing to their mission and vision. With a strong dedication to their cause, they continue to support and empower organizations that share their commitment to these areas of concern.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. The Bruce J Anderson Foundation C/O Boston Foundation Inc has received a respectable score, indicating a solid level of accountability and financial health. The rating is entirely based on its Accountability & Finance metrics, which demonstrates the foundation's commitment to transparency and responsible financial management.
Strengths highlighted in the evaluation include a strong independent board composition, with 60% of the members being independent, and an effective conflict of interest policy. The foundation also demonstrates excellent financial ratios, including a program expense ratio of 82.92%, signifying that a significant portion of its expenditures supports its programs directly. Furthermore, it has no material diversions of assets, which reinforces its financial integrity.
However, while the foundation has performed well in the areas assessed, potential donors may want to consider additional factors beyond the financial metrics, such as program impact and community engagement, which are not captured in this rating. Overall, the Bruce J Anderson Foundation appears to be a financially sound organization with good governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Bruce J Anderson Foundation C/O Boston Foundation Inc legitimate?
Bruce J Anderson Foundation C/O Boston Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bruce J Anderson Foundation C/O Boston Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bruce J Anderson Foundation C/O Boston Foundation Inc?
The Bruce J. Anderson Foundation, through its affiliation with the Boston Foundation Inc., focuses on providing assistance to organizations in four key areas: environmental protection, historic preservation, the arts, and mental health. Its mission, in essence, is to contribute to these fields within the regions of Cape Ann and the Nashua River Watershed. The foundation accomplishes this mission through grantmaking, aiming to make a positive impact in each of these sectors.
Who is the CEO of Bruce J Anderson Foundation C/O Boston Foundation Inc?
Kate Guedj is the Treasurer & Trustee of Bruce J Anderson Foundation C/O Boston Foundation Inc.
What is the revenue of Bruce J Anderson Foundation C/O Boston Foundation Inc?
Bruce J Anderson Foundation C/O Boston Foundation Inc's revenue in 2022 was $50,477.
Who are the executives of Bruce J Anderson Foundation C/O Boston Foundation Inc and what are their salaries?
There 3 volunteers at Bruce J Anderson Foundation C/O Boston Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $354,585
- Other: $48,673
- Compensation: $0
- Related: $152,830
- Other: $46,231
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bruce J Anderson Foundation C/O Boston Foundation Inc?
Bruce J Anderson Foundation C/O Boston Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bruce J Anderson Foundation C/O Boston Foundation Inc
The Bruce J. Anderson Foundation, through its affiliation with the Boston Foundation, is committed to making a significant impact in several critical areas. Its mission revolves around providing assistance in the fields of environmental protection, historic preservation, the arts, and mental health. The foundation's goal is to contribute to these sectors within the regions of Cape Ann and the Nashua River Watershed. By doing so, the Bruce J. Anderson Foundation aims to foster a healthier, more sustainable, and culturally enriched community. Its grantmaking activities are instrumental in achieving these objectives, providing much-needed support to organizations that share its vision. By focusing on these critical areas, the foundation seeks to enrich the lives of individuals and communities, fostering a sense of pride and responsibility towards the environment, preserving historical heritage, promoting artistic expression, and addressing mental health concerns.
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Impact
October, 2024
The Bruce J. Anderson Foundation, through its grantmaking activities, significantly impacts the fields of environmental protection, historic preservation, the arts, and mental health in Cape Ann and the Nashua River Watershed. By supporting organizations within these areas, it fosters a vibrant community where environmental initiatives can thrive, historical sites are preserved, artistic endeavors are promoted, and mental health resources are enhanced. This targeted support not only strengthens local organizations but also contributes to the overall well-being and cultural richness of the regions it serves. The foundation's commitment to these vital areas underscores its role as a catalyst for positive change and sustainability in the community.
This information is meant to be a general summary of Bruce J Anderson Foundation C/O Boston Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $50,477
- Gross Receipts: $1,353,506
Assets and Liabilities:
- Total Assets: $5,685,425
- Total Liabilities: $194,462
- Net Assets: $5,490,963
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Organization Details
Founding Year
1980
Phone
(617) 338-1700Principal Officer
Kate Guedj
Main Address
75 Arlington Street Fl 3, Boston, MA, 021163936
NTEE Category
Code: T60Z - Philanthropy
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