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BCLF Managed Assets Corporation

Profile

Last Updated: 2016-01-31

At A Glance

BCLF Managed Assets Corporation

56 Warren St., Ste. 300

Boston, MA United States 02119-3236

Telephone: (617) 427-8600

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $46,775,961

Total giving: $4,303,000

EIN

043246547

BRIDGE Number

2159027535

Background

Established in MA

Purpose and Activities

The grantmaker's mission is to create and preserve healthy communities where low-income people live and work. It does this by investing in projects that provide: affordable housing, good jobs, needed goods and services, and new opportunities for people who have been locked out of the economic mainstream.

Fields of Interest

Subjects
  • Community and economic development
  • Economic development
  • Financial services
  • Urban development
Population Groups
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2013-12-31

Assets: $46,775,961 (market value)

Expenditures: $5,405,896

Total giving: $4,303,000

Qualifying distributions: $5,405,896

Giving activities include:

$4,303,000 for 3 grants (high: $1,500,000; low: $1,303,000)

$1,102,896 for foundation-administered programs