Funder DirectoryBOSTON LOCAL DEVELOPMENT CORPORATION
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Grantmaking public charityEIN 042681311

BOSTON LOCAL DEVELOPMENT CORPORATION

BOSTON, MA 02114

Total Assets

$7.9M

FY 2023

Annual Giving

$793K

FY 2023

Grants Made

4

FY 2023

Avg Grant

$198K

FY 2023

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$112K

Earned income tax credit program - volunteer income tax assistance (vita) community-based program that has led the tax equity field in boston for 20 years. The program provides free, high-quality tax preparation and asset building services in eight languages to approximately 11,752 low and moderate-income taxpayers in boston annually.

Program 2

$321K

Financial opportunity center - program which is provided to low-to moderate-income residents by providing career services, to help residents start on a pathway that leads to employment opportunities that pay living wages, and individualized financial coaching, which begins with a budget and goal for the future, incorporating savings and asset building. This free coaching takes place in one-on-one meetings over 18-24 months. This program supported approximately 1,359 residents in fiscal year 2024. Credit building programming. Early childhood literacy, and children's savings accounts are also key components of the services provided by the center.

Program 3

$359K

All other programs

Focus Areas

Community Improvement & Capacity Building

Financial Snapshot

2023 filing

Total Revenue

$1.7M

Total Expenses

$1.2M

Giving Over Time

6 years

Giving over time from 2017 to 2023. Peak $793K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

21 grants

ECONOMIC DEVELOPMENT AND INDUSTRIAL CORPORATIONBOSTON
$3.5M
21 grants

Grant Size Distribution

21 grants

<$10K
1
grants
$10–50K
7
grants
$50–250K
5
grants
$250K–1M
8
grants
$1–5M
$5M+

Geographic Focus

1 states

Massachusetts
$3.5M
100% of total

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BOSTON LOCAL DEVELOPMENT CORPORATION — Grants, Financials & Contact | Grantivo