Private operating foundationEIN 046111819Est. 1962-08
HISTORIC BOSTON INCORPORATED
BOSTON, MA 02108
Total Assets
$10.4M
FY 2024
Annual Giving
—
FY 2024
Grants Made
0
FY 2024
Avg Grant
—
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$1.0MRental: 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.
Program 2
$462KReal 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.
Program 3
$47KEasement 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.
Financial Snapshot
2024 filing
Total Revenue
$1.6M
Total Expenses
$1.9M
Qualifying Distributions
$253K
Min. Investment Return
$89K
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