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Bclf Managed Assets Corporation is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 1996. It holds total assets of $14.5M. Annual income is reported at $4.4M. Total assets have decreased from $38.6M in 2011 to $14.5M in 2024. The foundation is governed by 12 officers and trustees. The organization develops new business initiatives and innovative funding vehicles for low-income individuals and communities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Bclf Managed Assets Corporation has made 1 grants totaling $3M, with a median grant of $3M. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
The organization develops new business initiatives and innovative funding vehicles for low-income individuals and communities.
Expenses: $887K
The organization develops new business initiatives and innovative funding vehicles for low-income individuals and communities. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in MA.
Bclf Managed Assets Corporation has distributed a total of $3M across 1 grants. The median grant size is $3M, with an average of $3M. Individual grants have ranged from $3M to $3M.
Bclf Managed Assets Corporation typically selects its grantees rather than accepting unsolicited proposals.
Bclf Managed Assets Corporation is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elyse Cherry | CEO & EX-OFFICIO | $198K | $24K | $224K |
| Dewitt Jones | PRESIDENT & EX-OFFICIO | $101K | $14K | $123K |
| Lisa Zappala | CHIEF FINANCIAL OFFICER | $16K | $9K | $25K |
| Maria Maffei | BOARD MEMBER | $0 | $0 | N/A |
| Julie Gould | BOARD MEMBER | $0 | $0 | N/A |
| Edward Dugger Iii | BOARD MEMBER | $0 | $0 | N/A |
| Reverend James Walsh Sj | CLERK | $0 | $0 | N/A |
| Reese Fayde | BOARD MEMBER | $0 | $0 | N/A |
| Charles Clark | CHAIRMAN OF THE BOARD | $0 | $0 | N/A |
| Sarah Lincoln | TREASURER | $0 | $0 | N/A |
| Mercedes Tompkins | BOARD MEMBER | $0 | $0 | N/A |
| Victor R Rivera | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.5M
Fair Market Value
N/A
Net Worth
$12.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$3M
Average Grant
$3M
Median Grant
$3M
Unique Recipients
1
Most Common Grant
$3M
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| One Percent For America IncOPERATING SUPPORT | Boston, MA | $3M | 2021 |