NonprofitsBenjamin Franklin Cummings Institute Of Technology

Education

Benjamin Franklin Cummings Institute Of Technology

BOSTON, MA

Total revenue

$31.4M

Total expenses

$28.2M

Net assets

$12.1M

Grants received

$10.1M

86 grants

EIN

042103576

Tax year

2023

Mission

BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY'S mission is to deliver transformative technical and trade education that leads to economic advancement.

Financials

FY 2023

Revenue

Contributions & grants$20.9M
Program service revenue$10.3M
Investment income$118K
Other revenue$148K
Total revenue$31.4M

Expenses

Grants paid$12.5M
Salaries & benefits$9.0M
Fundraising$875K
Other expenses$6.7M
Total expenses$28.2M
Total assets$45.2M
Net assets$12.1M

People

27 listed

NameRoleCompensation

Aisha Francis

President & CEO

Board

$262K

35 hrs/wk

Kevin Hepner

Chief Financial Officer

Board

$150K

35 hrs/wk

Rodger Brown

Director

Board

2 hrs/wk

Mary Churchill

director

Board

2 hrs/wk

Chenita Daughtry

DIRECTOR

Board

2 hrs/wk

TIFFANY DOTSON

DIRECTOR

Board

2 hrs/wk

Caroline Fay

Director

Board

2 hrs/wk

Chris Jones

DIRECTOR

Board

2 hrs/wk

Rachel Kaprielian

DIRECTOR

Board

2 hrs/wk

PAUL MACRINA

DIRECTOR

Board

2 hrs/wk

Stetson Marshall

DIRECTOR

Board

5 hrs/wk

Trinh Nguyen

City of Boston Rep.

Board

2 hrs/wk

Fernando Rodriguez-Villa

DIRECTOR

Board

2 hrs/wk

Andrew Tarsy

Director

Board

2 hrs/wk

Rahul Yarala

Director

Board

2 hrs/wk

Anna Yu

DIRECTOR

Board

2 hrs/wk

Turahn Dorsey

Chair Board of Trustees

Board

5 hrs/wk

Rahkeem Morris

Vice Chair

Board

5 hrs/wk

Marisa Meldonian

Vice Chair

Board

5 hrs/wk

Claire Wadlington

Treasurer

Board

5 hrs/wk

Maureen Pompeo

Clerk

Board

5 hrs/wk

PETER BAUER

Director

Board

2 hrs/wk

Courtney Roy-Branigan

Chief Campaign Officer

Staff

$148K

35 hrs/wk

Marvin Loiseau

Dean of Academics/Stdnt Affair

Staff

$145K

35 hrs/wk

KRISTEN HURLEY

CHIEF STRATEGY OFFICER

Staff

$135K

35 hrs/wk

John Terasconi

Assist. Prof. of HVAC& CHAIR

Staff

$128K

35 hrs/wk

Kevin Burns

LECTURER

Staff

$116K

35 hrs/wk

Independent contractors

Insource Services Inc

IT Services

$599K

Redhead Media

ADVERTISING

$368K

FA Solutions

FINANCIAL AID Svcs

$131K

Norman Stein

Consulting

$117K

Grants received

Showing 86 of 86

FromAmountPurposeYear
$300K
QUALITY EDUCATION
2024
$150K
POSTSECONDARY PATHWAYS
2024
$150K
CAPITAL CAMPAIGN
2024
$50K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$20K
TO DELIVER TRANSFORMATIVE TECHNICAL AND TRADE EDUCATION THAT LEADS TO ECONOMIC ADVANCEMENT.
2024
$8K
UNRESTRICTED GENERAL SUPPORT
2024
$1.6M
CAPITAL GRANT & EARLY COLLEGE FOR GREEN JOBS
2023
$1.6M
CAPITAL GRANT & EARLY COLLEGE FOR GREEN JOBS
2023
$750K
Massachusetts Community Grants: To support construction expenses for the new campus (Community Capital Fund)
2023
$250K
TECHNOLOGY & EQUIPMENT
2023
$161K
For grant recipient's exempt purposes
2023
$150K
POSTSECONDARY PATHWAYS
2023
$114K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$101K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$75K
Scholarship
2023
$50K
Community Impact
2023
$45K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$35K
GENERAL SUPPORT
2023
$25K
Economic Development
2023
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
General Purpose
2023
$15K
Operating Support/Annual Fund
2023
$15K
CLIMATE RESILIENCY TECHNICIAN SCHOLARSHIPS
2023
$15K
CLIMATE RESILIENCY TECHNICIAN SCHOLARSHIPS
2023
$5K
EARLY COLLEGE PROGRAMMING
2023
$5K
GENERAL OPERATING SUPPORT
2023
$4K
GENERAL OPERATING SUPPORT
2023
$1K
GENERAL OPERATING SUPPORT
2023
$250
UNRESTRICTED OPERATING FUNDS
2023
$460K
TECHNOLOGY & EQUIPMENT
2022
$153K
Operating Support/Annual Fund
2022
$146K
For grant recipient's exempt purposes
2022
$130K
Education
2022
$125K
EARLY COLLEGE & CLEAN ENERGY JOBS
2022
$75K
EDUCATIONAL OPPORTUNITIES
2022
$65K
Scholarship
2022
$60K
ASCENDIUM READY FOR PELL PROJECT
2022
$40K
UNRESTRICTED GENERAL SUPPORT
2022
$35K
GENERAL SUPPORT
2022
$25K
Economic Development
2022
$20K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$12K
General Purpose
2022
$10K
CLEAN ENERGY JOBS INITIATIVE FY23 ENHANCEMENTS
2022
$10K
2022 INFLATION RECOGNITION GRANTS
2022
$10K
SKILLS BUILDING FOR UNDERSERVED INDIVIDUALS TO GAIN SELF-SUFFICIENCY
2022
$94K
For grant recipient's exempt purposes
2021
$94K
For grant recipient's exempt purposes
2021
$60K
TO SUPPORT THE READY FOR PELL INITIATIVE
2021
$50K
Education
2021
$31K
Capital Campaign
2021
$25K
Scholarship
2021
$9K
Operating Support/Annual Fund
2021
$9K
For recipient's exempt purpose
2021
$150K
Education
2020
$100K
OPERATING SUPPORT
2020
$78K
For grant recipient's exempt purposes
2020
$50K
Scholarship
2020
$10K
GENERAL OPERATING SUPPORT
2020
$9K
TO SUPPORT AMERICAN WORKFORCE AND EDUCATION
2020
$95K
For grant recipient's exempt purposes
2019
$50K
Education
2019
$40K
Capital Campaign
2019
$25K
TO SUPPORT PARTICIPATION IN THE SECTOR WORK INITIATIVE
2019
$10K
GENERAL OPERATING SUPPORT
2019
$1K
Operating Support/Annual Fund
2019
$83K
For grant recipient's exempt purposes
2018
$10K
GENERAL OPERATING SUPPORT
2018
$50K
Education
2017
$50K
Scholarship
2017
$48K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$11K
Operating Support
2017

Funded by

$10.1M from 32 funders · 86 grants · 2017–2024

Liberty Mutual Foundation Inc

$3.3M · 7 grants · 2022–2023

Boston Foundation Inc

$1.0M · 19 grants · 2017–2023

Fidelity Non-Profit Management

$810K · 3 grants · 2020–2023

American Online Giving Foundation Inc

$801K · 3 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$799K · 8 grants · 2017–2023

The Klarman Family Foundation

$750K · 1 grant · 2023

Axim Collaborative Inc

$500K · 1 grant · 2023

Tides Foundation

$300K · 1 grant · 2024

Details

EIN042103576
NTEE codeB40
Subsection03
Ruling date2012-11
Formed1913
Employees174
Volunteers21
BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY — Mission, Financials & Grants Received | Grantivo