Mass General Brigham Incorporated
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
Mass General Brigham Incorporated is a 501(c)(3) organization based in Somerville, Massachusetts, registered in 2010, with $73,914,360 in FY2017 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
399 Revolution Dr Ste 645, Somerville, MA, 02145 EIN 04-2785453 Since 2010
Revenue (FY2017)
$73.9M
▲ 82.3% vs prior year
Health median: $840K
Expenses (FY2017)
$25.5M
Net assets
$255.9M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mass General Brigham Incorporated: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating121 mo reserves · +66% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mass General Brigham Incorporated: 121 mo reserves · +66% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mass General Brigham Incorporated: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mass General Brigham Incorporated: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
See schedule o.
Contact & location
- Address
- 399 Revolution Dr Ste 645, Somerville, MA, 02145
- City
- Somerville
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $25.8M (FY2013) to $73.9M (FY2017) across 5 reported years.
Financial snapshot
Financial health & position (FY2017)
Liabilities $92.2MNet assets $255.9M
Operating margin
65.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$348.1M
Total liabilities
$92.2M
Net assets
$255.9M
Salaries & benefits
$0
0% of expenses
Board members
19
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $73,914,360▲82.3% | $25,473,246▼7.3% | $255,920,615▲18.3% | $348,073,191▲21.7% | 990 |
| 2016 | $40,549,196▼0.9% | $27,489,583▼4.8% | $216,306,783▲9.4% | $286,066,550▲13.6% | 990 |
| 2015 | $40,924,572▼31.6% | $28,875,659▼10.4% | $197,702,342▲9.1% | $251,927,436▲14.5% | 990 |
| 2014 | $59,860,409▲132% | $32,210,875▲70.5% | $181,197,008▲15.5% | $220,089,293▲8.5% | 990 |
| 2013 | $25,832,766 | $18,888,274▲19.8% | $156,820,709▲4.3% | $202,815,766▼0.2% | 990 |
| 2012 | — | $15,762,523▲17.6% | $150,380,769▲6.9% | $203,158,036▲12.3% | 990 |
| 2011 | — | $13,401,381 | $140,703,448 | $180,851,159 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2017)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Annette Nova | Director (until 12/17) | 2 | — |
| Carolann Williams | Cfo & Vp Finance and Admin | 3 | — |
| Charles De Gunzburg | Director | 2 | — |
| D Bradley Welling Md | Director | 2 | — |
| Dewalt Pete Ankeny | Director | 2 | — |
| Diane E Kaneb | Director | 2 | — |
| Eugene Hill | Director | 2 | — |
| Harvey Freishtat | Director/secretary As of 4/18 | 2 | — |
| James Carlisle | Director | 2 | — |
| Joan W Miller Md | Director | 2 | — |
| John R Fernandez | President | 10 | — |
| Jonathan Kutchins | Director (until 12/17) | 2 | — |
| Jonathan Uhrig | Treasurer | 3 | — |
| Katrine Bosley | Director (since 12/17) | 2 | — |
| Keith D Lillemoe Md | Director (since 7/18) | 2 | — |
| Lyle Howland | Secretary | 2 | — |
| Martha Pyle Farrell | Assistant Secretary | 3 | — |
| Maureen Kelley | Assistant Secretary | 3 | — |
| Robert Atchinson | Director | 2 | — |
| Robert Knapp | Director | 2 | — |
Top vendors & contractors (FY2017)
| Contractor | Services | Paid |
|---|---|---|
| Cambridge Associates | Investment Consltnt | $400,868 |
| Edgewood Management | Investment Mgmt | $147,160 |
| Bomin Communications Group Inc | Video Production | $133,256 |
| The Silchester International Invest | Investment Mgmt | $122,022 |
| Kiltearn Global Equity Fund | Investment Mgmt | $111,347 |
Grants received · $29.5M total
146 grants to Mass General Brigham Incorporated totaling $29.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $284,000 |
| The Bessemer Giving Fund | Medical research | 2024 | $85,000 |
| American Online Giving Foundation Inc | General support | 2024 | $55,608 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $35,000 |
| Community Foundation of New Jersey | Hospitals, specialty hospitals & community clinics | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| Minneapolis Foundation | Donor advised, health | 2024 | $15,000 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,911,200 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2023 | $586,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $407,750 |
| Mass General Brigham Incorporated and Affiliates Group Rtn | To support tax exempt affiliate | 2023 | $250,000 |
| National Philanthropic Tr | Environment, animals | 2023 | $182,500 |
| Donor Advised Charitable Giving | Health | 2023 | $134,500 |
Grants made · $23.1M in FY2017
6 grants totaling $23.1M in FY2017. All grants made by Mass General Brigham Incorporated →
| Recipient | Purpose | Amount |
|---|---|---|
| Mass General Brigham Incorporated | Tfr for specific uses | $18,627,395 |
| Mass General Brigham Incorporated | Tfr for specific uses | $3,570,106 |
| Mass General Brigham Incorporated | Tfr for specific uses | $755,751 |
| President and Fellows of Harvard College | Speech and hearing | $102,450 |
| Tufts Medical Center Parent Inc | Cornea research | $20,383 |
| Trustees of Boston University | Cornea research | $20,383 |
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Frequently asked questions
- Is Mass General Brigham Incorporated a legitimate nonprofit?
- Yes. Mass General Brigham Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2785453, based in Somerville, Massachusetts. Donations are tax-deductible.
- What is Mass General Brigham Incorporated's EIN?
- Mass General Brigham Incorporated's Employer Identification Number (EIN) is 04-2785453.
- How much revenue does Mass General Brigham Incorporated report?
- Mass General Brigham Incorporated reported $73,914,360 in total revenue on its fiscal year 2017 IRS Form 990 filing.
- How much of Mass General Brigham Incorporated's spending goes to programs?
- Mass General Brigham Incorporated spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mass General Brigham Incorporated have?
- CharityIndex grades Mass General Brigham Incorporated A, based on program efficiency and fundraising cost.
- How much does Mass General Brigham Incorporated's highest-paid employee make?
- The highest reported compensation on Mass General Brigham Incorporated's latest Form 990 is $0, paid to Annette Nova (Director (until 12/17)).
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Data for Mass General Brigham Incorporated (EIN 04-2785453) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.