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TIN: 04-2104021
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
20
Open to Public Inspection
Name of the organization
Boston Foundation Inc
Employer identification number
04-2104021
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification and gross-up payments
Health or social club dues or initiation fees
Discretionary spending account
Personal services (e.g., maid, chauffeur, chef)
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.....
1b
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a?
....
2
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
Yes
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
No
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
Yes
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?
.........................
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2020
Schedule J (Form 990) 2020
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2 and/or 1099-MISC compensation
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
Paul S Grogan
FRMR President & CEO (7/20-5/31/21)
(i)
(ii)
585,392
-------------
0
10,000
-------------
0
10,269
-------------
0
17,100
-------------
0
47,993
-------------
0
670,754
-------------
0
0
-------------
0
2
George C Wilson
Assistant Treasurer
(i)
(ii)
330,263
-------------
0
10,205
-------------
0
26,950
-------------
0
30,521
-------------
0
31,314
-------------
0
429,253
-------------
0
0
-------------
0
3
Alfred F Van Ranst Jr
CFO & Treasurer
(i)
(ii)
339,460
-------------
0
10,254
-------------
0
36,957
-------------
0
36,195
-------------
0
3,794
-------------
0
426,660
-------------
0
0
-------------
0
4
Kate Guedj
VP and Chief Phil. Off.
(i)
(ii)
305,270
-------------
0
0
-------------
0
2,064
-------------
0
17,100
-------------
0
33,582
-------------
0
358,016
-------------
0
0
-------------
0
5
Stephan Chan
Secretary
(i)
(ii)
228,290
-------------
0
7,200
-------------
0
449
-------------
0
14,400
-------------
0
41,728
-------------
0
292,067
-------------
0
0
-------------
0
6
Orlando Watkins
VP of Program
(i)
(ii)
251,410
-------------
0
7,500
-------------
0
748
-------------
0
15,000
-------------
0
3,516
-------------
0
278,174
-------------
0
0
-------------
0
7
Keith Mahoney
VP Communications
(i)
(ii)
232,229
-------------
0
6,900
-------------
0
1,146
-------------
0
14,348
-------------
0
1,003
-------------
0
255,626
-------------
0
0
-------------
0
8
Leslie Pine
Mgr Partner, TPI
(i)
(ii)
204,036
-------------
0
6,289
-------------
0
3,035
-------------
0
12,578
-------------
0
15,696
-------------
0
241,634
-------------
0
0
-------------
0
9
Kristin McSwain
Exec. Dir. Bos. Opportunit
(i)
(ii)
207,360
-------------
0
2,295
-------------
0
1,069
-------------
0
12,694
-------------
0
2,428
-------------
0
225,846
-------------
0
0
-------------
0
10
Margaret Alexander
Partner, TPI
(i)
(ii)
164,430
-------------
0
1,000
-------------
0
1,602
-------------
0
10,471
-------------
0
38,374
-------------
0
215,877
-------------
0
0
-------------
0
11
Rosalyn Bonaventure
Controller
(i)
(ii)
177,925
-------------
0
8,195
-------------
0
4,970
-------------
0
10,927
-------------
0
15,282
-------------
0
217,299
-------------
0
0
-------------
0
12
Pam Hurd
Sr. Dir. Philanthropy
(i)
(ii)
167,832
-------------
0
5,219
-------------
0
2,451
-------------
0
10,439
-------------
0
25,867
-------------
0
211,808
-------------
0
0
-------------
0
13
Barbara Hindley
Frmr Asst. Secretary/AVP C
(i)
(ii)
163,791
-------------
0
5,138
-------------
0
7,801
-------------
0
10,277
-------------
0
22,941
-------------
0
209,948
-------------
0
0
-------------
0
14
Jane Dixon
VP of Human Resources
(i)
(ii)
169,217
-------------
0
7,500
-------------
0
4,558
-------------
0
10,140
-------------
0
0
-------------
0
191,415
-------------
0
0
-------------
0
Schedule J (Form 990) 2020
Schedule J (Form 990) 2020
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
Part I, Line 3
The Boston Foundation's standing Compensation Committee, which includes the Board Chair as an Ex-Officio member, is governed by a formal charter and follows the Boston Foundation's formal total compensation strategy. The total compensation strategy requires the Boston Foundation to retain the services of an independent compensation specialist to survey salaries and compensation of comparable positions within local and national peer organizations. The specialist submits a formal report to the Compensation Committee. Guided by the report, the Compensation Committee recommends compensation for the President and CEO for the upcoming fiscal year. The Compensation Committee then reports to the full Board, which votes to ratify the actions taken by the Compensation Committee, including the recommended compensation.
Part I, Line 4b
George C. Wilson and Alfred Van Ranst participated in a Supplemental Employee Retirement Plan (SERP). The total SERP contributions for the above participants for the calendar year ended December 31, 2020 were as follows: Taxable Non-Taxable George C. Wilson $ 20,619 $13,421 Alfred Van Ranst $ 30,626 $19,095
Part I, Line 7
Bonuses are given to the President and CEO at the discretion of the Compensation Committee and to other employees at the discretion of the President and CEO.
Part II
Barbara Hindley, former Assistant Secretary, was paid as a current employee not as former officer.
Schedule J (Form 990) 2020
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