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Historic Boston Incorporated is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 1962. It holds total assets of $10.4M. Annual income is reported at $1.8M. Total assets have grown from $7.2M in 2011 to $10.4M in 2024. The foundation is governed by 16 officers and trustees. Tax records are available from 2015 to 2024. Funding is distributed across 6 states, including Boston, MA, Charlestown, East Boston. Contributions to this foundation are tax-deductible.
Historic Boston Inc. is a non-profit developer, not a traditional grantmaking foundation. They directly acquire and rehabilitate at-risk historic properties rather than accepting grant applications. Potential partners should approach HBI as a co-developer or community stakeholder. Organizations with historic properties in Boston neighborhoods facing demolition or severe deterioration should contact HBI directly at hbi@historicboston.org to discuss potential collaboration on preservation and redevelopment.
HBI operates as a patient investor combining its own technical/financial resources with conventional lending, philanthropic funding, and state/federal historic tax credits. Their portfolio includes three income-generating rental properties (Old Corner Bookstore, Vertullo Building, Eustis Firehouse) that support ongoing operations. Total assets approximately $10.4M. The organization focuses on properties that the market has overlooked, demonstrating that historic preservation can drive economic revitalization.
Current project: Ionic Hall (1800-1804) and St. Luke's Chapel (c.1901). Recently completed projects include the Fowler Clark Epstein Farm, Roslindale Substation, and St. James African Orthodox Church in Roxbury. The organization has been actively working across multiple Boston neighborhoods including Charlestown, East Boston, Roxbury, Dorchester, and Hyde Park.
HBI is preselected-only and does not accept unsolicited grant applications. They identify projects through internal research and community partnerships. To engage with HBI: (1) Contact them at hbi@historicboston.org or 617-442-1859 if you own or know of an at-risk historic property in Boston. (2) Subscribe to their monthly newsletter to stay informed about upcoming projects. (3) Consider partnership opportunities rather than grant requests — HBI acts as a developer-partner, not a traditional funder.
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Rental: rental property consists of three historic properties, all redeveloped by hbi. The old corner bookstore, is a commerical building on the official freedom trail site in downtown boston with retail and office space. The vertullo building, the oldest and only surviving wooden commerical building in the clary and locan squares commerical district of hyde park, contains five small businesses and four upper story residential units. The eustis firehouse building, the oldest remaining firehouse in boston, built in 1859, is operated as commercial office space.
Expenses: $834K
Real estate development: represents hbi's efforts to redevelop and rehabilitate at-risk historic properties. A project may be under review, with underwriting and pre-development activity in process for one or several years, in order to plan its redevelopment or to conclude it is not feasible. When a project is ready for redevelopment, hbi arranges financing, investment and private or public funding as appropriate for the property to carry out the plan.
Expenses: $39K
Easement monitoring: designed to protect significant resources in perpetuity from unsympathetic or inappropriate exterior or interior alterations, neglect, or demolition by means of preservation restriction agreements.
Expenses: $445K
HBI identifies, acquires, and redevelops at-risk historic properties across Boston's neighborhoods. Current and recent projects include Ionic Hall & St. Luke's Chapel, the Alvah Kittredge House, Anna Clapp Harris Smith House, Eustis Street Fire House, Fowler Clark Epstein Farm, Roslindale Substation, St. James African Orthodox Church, the Golden Building, the Hayden Building, Upham's Corner Comfort Station, and the Vertullo Building.
Designed to protect significant historic resources in perpetuity from unsympathetic or inappropriate exterior or interior alterations, neglect, or demolition by means of preservation restriction agreements.
HBI manages three redeveloped historic properties: The Old Corner Bookstore (a commercial building on the Freedom Trail with retail and office space), the Vertullo Building (the oldest surviving wooden commercial building in the Clary and Logan Squares district of Hyde Park with five small businesses and four residential units), and the Eustis Firehouse Building (the oldest remaining firehouse in Boston, built in 1859, operated as commercial office space).
HBI operates as a patient investor combining its own technical/financial resources with conventional lending, philanthropic funding, and state/federal historic tax credits. Their portfolio includes three income-generating rental properties (Old Corner Bookstore, Vertullo Building, Eustis Firehouse) that support ongoing operations. Total assets approximately $10.4M. The organization focuses on properties that the market has overlooked, demonstrating that historic preservation can drive economic r.
Historic Boston Inc. is a non-profit developer, not a traditional grantmaking foundation. They directly acquire and rehabilitate at-risk historic properties rather than accepting grant applications. Potential partners should approach HBI as a co-developer or community stakeholder. Organizations with historic properties in Boston neighborhoods facing demolition or severe deterioration should contact HBI directly at hbi@historicboston.org to discuss potential collaboration on preservation and rede.
Historic Boston Incorporated is headquartered in BOSTON, MA. The foundation primarily funds organizations in Boston, MA, Charlestown, East Boston.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathy Kottaridis | EXECUTIVE DIRECTOR | $155K | $17K | $172K |
| Sammy Nabulsi | TREASURER | $0 | $0 | N/A |
| Julie Paul Brown | DIRECTOR | $0 | $0 | N/A |
| Emily Axelrod | DIRECTOR | $0 | $0 | N/A |
| Dakota Jones | DIRECTOR | $0 | $0 | N/A |
| Michael Durand | PRESIDENT | $0 | $0 | N/A |
| Derek Lumpkins | DIRECTOR (UNTIL 4/2023) | $0 | $0 | N/A |
| Paul Mcdonough | PRESIDENT EMERITUS | $0 | $0 | N/A |
| Michael Feldman | DIRECTOR (UNTIL 4/2023) | $0 | $0 | N/A |
| Karilyn Crockett | DIRECTOR | $0 | $0 | N/A |
| David Black | DIRECTOR | $0 | $0 | N/A |
| Christopher Scoville | DIRECTOR | $0 | $0 | N/A |
| Brian Awe | DIRECTOR | $0 | $0 | N/A |
| Felicia Jacques | DIRECTOR | $0 | $0 | N/A |
| James Labeck | CLERK | $0 | $0 | N/A |
| Henry Moss | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10.4M
Fair Market Value
N/A
Net Worth
$6.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.