152 Commonwealth Foundation INC

Public charity (501(c)(3)) Boston, MA Since 2017 EIN 82-2467536 NTEE A80
Revenue
$415K
▲ +21%
FY2025 · Pt VIII · Ln 12
Expenses
$661K
▲ +194%
FY2025 · Pt IX · Ln 25
Net assets
$850K
FY2025 · Pt X · Ln 32
To programs
97%
FY2025 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2025
Revenue
$415K
FY2025▲ +21%
Expenses
$661K
FY2025▲ +194%

Preserves and enhances the historic building's exterior through public donations.

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Tax-deductible?
Yes
Per the IRS master file.
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Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
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Filing up to date?
Yes — filed FY2025
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Foundation funders?
13 funders, incl. Vanguard Charitable Endowment Program
$211K in the latest grant year.
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Spent on programs?
97% to programs
Form 990 Part IX, latest filing.
Details →
Size and trend
$100K–1M
↑ +21% vs prior year
Details →

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Preserves and enhances the historic building's exterior through public donations.

Founded
2017
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Boston, MA
Website
152commonwealthfoundation.org
Filings
6 on file (2020–2025)
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Where the money goes · FY2025
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.02 Fundraising $0.01
Program efficiency
97%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
15.7mo
months of highly liquid reserves at operating expense rate▼ -77% vs prior filing year
Surplus margin
-59%
revenue over expenses, this year▼ -270% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$850K
FY2025▼ -22%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19−$246K
Total assetsPt X · Ln 16$850K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item C152 Commonwealth Foundation INC
EINHdr · item D82-2467536
Principal addressHdr · item CBoston, MA
WebsiteHdr · item J152commonwealthfoundation.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A80)
Ruling yearIRS BMFFeb 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President Effective 5/9/25
$0Pt VII · Sec A
President Until 5/9/25
$0Pt VII · Sec A
Treasurer Effective 5/9/25
$0Pt VII · Sec A
Treasurer Until 5/9/25
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See 152 Commonwealth Foundation INC executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $643K of program spending, described in the organization's own filed words · FY2025.
01

During 2025 the foundation made grants to the chilton club for building renovations.

$643Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$323K · 78%
Investment income$93K · 22%
Contributions & grants78%$323K
Investment income22%$93K
Total revenueLn 12$415K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.02 Fundraising $0.01
Program services97%$643K
Management & general2%$12K
Fundraising1%$5K
Total functional expensesLn 25$661K

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$850K
Total liabilitiesLn 26$0
Total net assetsLn 32$850K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $850K · Operating expenses (Pt IX) $661K · Less non-cash grants $10K · Cash operating expenses/yr $651K
15.7 months
Where the money goes
Program services
Program services $643K · Total expenses $661K
97%
Management & General
Management & general $12K · Total expenses $661K
2%
Fundraising
Fundraising $5K · Total expenses $661K
0.8%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $329K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $323K · Total revenue $415K
78%
Government reliance
Government grants — · Total revenue $415K
—
Earned-income share
Program service revenue $0 · Total revenue $415K
0%
Investment reliance
Investment income $93K · Total revenue $415K
+22%
Program self-sufficiency
Program service revenue $0 · Total expenses $661K
0%
Growth & trend
Revenue growth (YoY)
This year $415K · Prior year $344K
+21%
Revenue CAGR
FY2020 $125K · FY2025 $415K
+27%
Net-asset trend (YoY)
End of year $850K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $415K · Expenses $661K
-59%
Liabilities-to-Assets
Total liabilities — · Total assets $850K
—
Net-asset ratio
Net assets $850K · Total assets $850K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $636K · Total assets (Pt X, ln 16) $850K
75%
People & payroll
Highest Reported Total Compensation
Individual Helen Glaenzer · Reported title PRESIDENT EFFECTIVE 5/9/25 · Highest reported compensation $0 · Total expenses $661K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $661K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%——
Overhead ratio 2%——
Fundraising cost ratio 2%——
Revenue growth 21%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 4 grants · $1.0M · 2022–2025
Chilton ClubMA · FY2025$643,100
Chilton ClubMA · FY2024$205,039
Chilton ClubMA · FY2023$97,402
Chilton ClubMA · FY2022$82,973

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$415K revenue · viewing · ⤓ 990 PDF
FY2024$344K revenue · ⤓ 990 PDF
FY2023$366K revenue · ⤓ 990 PDF
FY2022$287K revenue · ⤓ 990 PDF
FY2021$179K revenue · ⤓ 990 PDF
FY2020$125K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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