Greater Boston Real Estate Board Foundation

Overview

The Greater Boston Real Estate Board Foundation is a 501(c)(3) nonprofit organization focused on supporting charitable activities, particularly those related to housing in the Greater Boston area. It was established in 1994 with the primary goal of providing contributions to housing-related charities.

Purpose and Activities

The foundation is involved in grantmaking activities, providing financial support to charitable organizations operating within its specified geographic area. Its primary aim is to enhance community well-being through housing-related initiatives.

Financial Information

The foundation's financial activities are primarily driven by contributions from donors. It also generates some income from investments. According to recent financial reports, the organization holds significant assets and engages in substantial grant distributions annually.

Legal Status

As a registered 501(c)(3) organization, donations to the Greater Boston Real Estate Board Foundation are tax-deductible. This designation allows donors to claim deductions for their contributions under U.S. tax law, incentivizing philanthropic support for the foundation's mission.

Governance and Operations

Detailed information on the foundation's board members is not publicly available. However, its operations are structured to support the broader goals of promoting housing-related charitable causes within the Greater Boston community.

Impact and Community Role

By focusing on housing-related charities, the foundation plays a crucial role in addressing local community needs. Its grantmaking activities contribute to improving access to housing and supporting other related social initiatives in the region.