philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Brown Rudnick Charitable Foundation Corp

Tax-deductible

Boston, MA501(c)(3)Foundations & GrantmakersEIN 04-3527056Revenue $841K in FY2024

On file with the IRSbrownrudnick.comOne Financial Center, 02111-2621 · Boston, MATax-exempt since Jan 2001Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

The foundation's mission is to address the educational and other needs of economically disadvantaged individuals and groups, primarily, but not exclusively in massachusetts, connecticut, rhode island, new york city (NY), orange county (ca), washington d.c. & london (UK) communities.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 60 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $411K a year · 56% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
48 mo
of spending, in cash
Looks good: 47.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $500
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
0.08% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$841K
+11% vs prior year
Spent
$363K
To programs
88%
Net assets
$6.0M
By yearFY2020–FY2024
Revenue
$841K
FY2024▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$593K
FY2021$777K
FY2022$721K
FY2023$757K
FY2024$841K
Expenses
$363K
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$296K
FY2021$319K
FY2022$315K
FY2023$339K
FY2024$363K
Net assets
$6.0M
FY2024▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.9M
FY2021$4.6M
FY2022$4.5M
FY2023$5.2M
FY2024$6.0M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $318K Management & general 12% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Iden Asl
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Brown Rudnick Charitable Foundation Corp executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports economically disadvantaged individuals and groups with educational and other needs.

Questions for Brown Rudnick Charitable Foundation Corp

Tap to ask. Brown Rudnick Charitable Foundation Corp sees how many people are interested.

Your first name shows with your question. Brown Rudnick Charitable Foundation Corp answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $318K · in their own filed words · FY2024
01

The foundation's mission is to address the educational and other needs of economicaly disadvantaged individuals and groups, primarily, but not exclusively in massachusetts, connecticut, new york city (ny), orange county (ca), washington, D.C. & london (uk) communities.

$318Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Asher Family Foundation INCFY2024$500
Total grants receivedfrom 1 funder$500
Grants paid · 83 grants · $1.1M · 2020–2024
Health Care for All INCMA · FY2024$55,872
Free Arts for Abused Children of New York City INCNY · FY2024$20,000
New York City Urban Debate League INCNY · FY2024$20,000
The Boston Education Development Foundation INCMA · FY2024$17,658
United States Capitol Historical SocietyDC · FY2024$15,000
University of California Irvine FoundationCA · FY2024$12,500
Emerson CollegeMA · FY2024$12,000
Bronx Letters FoundationNY · FY2024$10,000
New York City Ballet INCNY · FY2024$10,000
Hartford Public LibraryCT · FY2024$10,000
Horizons for Homeless Children INCMA · FY2024$10,000
E INCMA · FY2024$8,000
Century High SchoolFY2024$8,000
Cathleen Stone Island Outward Bound School INCMA · FY2024$7,500
Rosies Place INCMA · FY2024$7,500
Generation Citizen INCNY · FY2024$7,500
Health Care for All INCMA · FY2023$58,267
New York City Urban Debate League INCNY · FY2023$22,000
See all 83 grants →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$841K
Ln 12
Gifts and grantsLn 1h$661K
Investment incomeLn 3$157K
Other incomeLn 4–11$23K
Money outPt IX
$363K
Ln 25
Programscol B$318K
Managementcol C$45K
Owns and owesPt X
$6.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$6.0M
LiabilitiesLn 26$5K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$661K
Noncash giftsLn 1g$23K
Fundraising eventsLn 1c$46K
Investment incomeLn 3$157K
Other incomeLn 4–11$23K
Gains on assetsLn 7$48K
Total revenueLn 12$841K
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$105K
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$4.5M
Total assetsLn 16$6.0M
LiabilitiesLn 26$5K
Net assetsLn 32$6.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$1.4M
InvestmentsLn 11–13$4.0M$4.5M
Total assetsLn 16$5.2M$6.0M
LiabilitiesLn 26$3K$5K
Net assetsLn 32$5.2M$6.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$270K$270K
Grants and assistance to foreign recipientsLn 3$48K$48K
Accounting feesLn 11c$18K$18K
Investment management feesLn 11f$21K$21K
Other expenses (24a–d)Ln 24$6K$6K
Total functional expensesLn 25$363K$318K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $841K$363K$478K$6.0M 990 PDF
FY2023 $757K$339K$418K$5.2M 990 PDF
FY2022 $721K$315K$406K$4.5M 990 PDF
FY2021 $777K$319K$459K$4.6M 990 PDF
FY2020 $593K$296K$297K$3.9M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $840,787 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $602,410$660,794
I-9 Program service revenue$0
I-10 Investment incomePrior year $154,622$156,744
I-11 Other revenue$23,249
I-12 Total revenuePrior year $757,032$840,787
I-13 Grants and similar amounts paidPrior year $306,651$317,547
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $32,619$45,107
I-18 Total expensesPrior year $339,270$362,654
I-19 Revenue less expensesPrior year $417,762$478,133
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $840,787 across 8 lines filed
VIII-1c Fundraising events$45,931
VIII-1f All other contributions, gifts and grants$614,863
VIII-1g Noncash contributions (included above)$23,249
VIII-1h Total contributions, gifts and grants$660,794
VIII-3 Investment incomeExcluded from tax $109,038$109,038
VIII-7 Net gain or loss on sales of assetsExcluded from tax $47,706$47,706
VIII-8 Net income from fundraising eventsExcluded from tax $23,249$23,249
VIII-12 Total revenueExcluded from tax $179,993$840,787
Part IX · Statement of functional expenses $362,654 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $269,932$269,932
IX-3 Grants and assistance to foreign recipientsPrograms $47,615$47,615
IX-11c Accounting feesManagement $17,580$17,580
IX-11f Investment management feesManagement $21,486$21,486
IX-24 Other expenses (24a–d)Management $6,041$6,041
IX-25 Total functional expensesPrograms $317,547 · Management $45,107 · Fundraising $0$362,654
Part X · Balance sheet $5,968,426 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,001,364$1,331,925
X-2 Savings and temporary cash investmentsStart of year $205,926$104,818
X-3 Pledges and grants receivable$14,550
X-11 Publicly traded securitiesStart of year $3,955,176$4,517,133
X-16 Total assetsStart of year $5,162,466$5,968,426
X-18 Grants payableStart of year $2,788$4,976
X-26 Total liabilitiesStart of year $2,788$4,976
X-27 Net assets without donor restrictionsStart of year $5,159,678$5,948,900
X-28 Net assets with donor restrictions$14,550
X-32 Total net assets or fund balancesStart of year $5,159,678$5,963,450
X-33 Total liabilities and net assetsStart of year $5,162,466$5,968,426
Part XI · Reconciliation of net assets $5,963,450 net assets at year end
XI-1 Total revenue$840,787
XI-2 Total expenses$362,654
XI-3 Revenue less expenses$478,133
XI-4 Net assets at start of year$5,159,678
XI-5 Net unrealized gains (losses) on investments$325,639
XI-10 Net assets at end of year$5,963,450

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.