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Nonprofit · EIN 47-3093274

BOSTON SCHOOLS FUND INC

Tax-exempt · BOSTON, MA 02109

Financials

$1.9M$2.7M2022$2.1M$3M2023$3K$971K2024
Revenue Expenses · by fiscal year end
Financials of BOSTON SCHOOLS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$2,588$970,534-$967,946$0$0$0
June 30, 2024990$2,132,351$3,033,665-$901,314$1,111,249$145,929$965,320
June 30, 2023990$1,912,340$2,679,516-$767,176$1,954,877$64,239$1,890,638
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Other revenue
$2,588

Expenses

Compensation of officers, directors and key employees
$254,342
Salaries, compensation and benefits (total)
$353,677
Professional fees and payments to contractors
$402,320
Other expenses
$214,537
Program services (functional)
$668,328

Balance sheet and other

Total assets, start of year
$1,111,249
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$2,588

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILLIAM AUSTINFOUNDER AND CEO40$153,776$11,436
RANA KANNANCHIEF OPERATING OFFICER40$100,566$11,436
KERRY DONAHUECHIEF STRATEGY OFFICER40$0$0
LISA JACKSONCHAIR5$0$0
ANDREA WOLFESECRETARY2$0$0
TAMMY TAIDIRECTOR2$0$0
HENRY BOYEDIRECTOR2$0$0
JOHN NELSONDIRECTOR2$0$0
CLAIRE NEWTONDIRECTOR UNTIL 6/30/252$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM AUSTINFOUNDER & CEO
Trustee or director, Officer
40$195,095$45,709
RANA KANNANCHIEF OPERATING OFFICER
Officer
40$192,179$45,709
KERRY DONAHUECHIEF STRATEGY OFFICER
Officer
40$192,179$31,069
MEGHAN O'KEEFEMANAGING DIRECTOR OF INVESTMENT
Highest-paid employee
40$164,645$34,969
IRENE DENNISONDIRECTOR OF SCHOOL SUPPORT
Highest-paid employee
40$110,500$8,569
LISA JACKSONCHAIR
Trustee or director, Officer
5$0$0
ANDREA WOLFESECRETARY
Trustee or director, Officer
2$0$0
TAMMY TAIDIRECTOR
Trustee or director
2$0$0
HENRY BOYEDIRECTOR
Trustee or director
2$0$0
CLAIRE NEWTONDIRECTOR
Trustee or director
2$0$0
JOHN NELSONDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM AUSTINFOUNDER & CEO
Trustee or director, Officer
40$211,548$24,677
RANA KANNANCHIEF OPERATING OFFICER
Officer
40$186,840$24,677
KERRY DONAHUECHIEF STRATEGY OFFICER
Officer
40$186,840$8,998
MEGHAN O'KEEFEMANAGING DIRECTOR OF INVESTMENT
Highest-paid employee
40$160,073$8,998
NATALYA SUBBOTINADIRECTOR OF OPERATIONS
Highest-paid employee
40$117,565$8,998
LISA JACKSONCHAIR
Trustee or director, Officer
5$0$0
ANDREA WOLFESECRETARY
Trustee or director, Officer
2$0$0
STEPHEN CHANDIRECTOR
Trustee or director
2$0$0
TAMMY TAIDIRECTOR
Trustee or director
2$0$0
HENRY BOYEDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
109 STATE ST STE 404, BOSTON, MA 02109-2909
In care of
% KATIE EVERETT
Signed the 990-EZ
WILLIAM AUSTIN, FOUNDER & CHIEF EXECUTIVE OFFICER
Phone
(617) 419-7100
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

BOSTON SCHOOLS FUND (BSF) IS A NON-PROFIT ORGANIZATION THAT ADVANCES EDUCATIONAL EQUITY THROUGH OPPORTUNITY AND ACCESS TO HIGH-QUALITY SCHOOLS. THE BSF TEAM WAKES UP EVERY DAY WITH ONE GOAL: INCREASE THE NUMBER OF CHILDREN IN BOSTON ATTENDING A HIGH-QUALITY SCHOOL. WE ACCOMPLISH THIS BY PROVIDING CAPACITY AND RESOURCES FOR HIGH-QUALITY SCHOOLS TO EXPAND AND IMPROVE; SHARING DATA AND INFORMATION; COLLABORATING WITH FAMILIES AND PARTNERS; INFLUENCING POLICY; AND COMMITTING TO VALUES OF DIVERSITY, EQUITY, INCLUSION, AND ANTI-RACISM IN OUR WORK. WE HAVE WORKED CLOSELY WITH CITY AND STATE LEADERS TO ENSURE THAT BOSTON ADVANCES POLICIES WHICH EXPAND ACCESS TO HIGH-QUALITY SCHOOLS FOR HISTORICALLY MARGINALIZED STUDENTS.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • SCHOOL INVESTMENT - INCLUDES ALL OF BSF'S FINANCIAL AND NON-FINANCIAL SUPPORT OF HIGH-QUALITY, BOSTON BASED SCHOOLS THAT SERVE A HIGH PROPORTION OF ECONOMICALLY DISADVANTAGED STUDENTS, BLACK AND/OR LATINO STUDENTS, STUDENTS WITH DISABILITIES, OR ENGLISH LEARNERS, AS THEY PLAQN FOR GROWTH AND EXECUTE EXPANSION OR REDESIGN PLANS.
    Expenses $668,328
  • DATA AND RESEARCH - INTENDED TO PERFORM RESEARCH, BUILD ORGANIZATIONAL DATA CAPACITY, AND MAINTAIN BOSTON SCHOOL FINDER WEB TOOL TO ASSIST FAMILIES IN LEARNING ABOUT SCHOOLS AND FINDING THE SCHOOL THAT BEST MEETS THEIR NEEDS.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-3093274
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B99)
Assets (IRS master file)
$1
Income (IRS master file)
$2,588

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$2,588$970,534$0XML
990June 2024$2,132,351$3,033,665$1,111,249XML
990June 2023$1,912,340$2,679,516$1,954,877XML
990June 2022$2,444,206$2,652,430$2,706,473IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3093274).

Questions about BOSTON SCHOOLS FUND INC

What is the EIN of BOSTON SCHOOLS FUND INC?
The employer identification number (EIN) of BOSTON SCHOOLS FUND INC is 47-3093274.
Is BOSTON SCHOOLS FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to BOSTON SCHOOLS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOSTON SCHOOLS FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BOSTON SCHOOLS FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BOSTON SCHOOLS FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of BOSTON SCHOOLS FUND INC?
The 990-EZ for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $153,776 (WILLIAM AUSTIN, FOUNDER AND CEO).
How much revenue does BOSTON SCHOOLS FUND INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $2,588, expenses of $970,534 and total assets of $0 at year end.

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