Powering a Culture of Philanthropy: Our 2024 Annual Report

November 2024

About the Report and Videos

Powering A Culture of Philanthropy", our 2024 Annual Report, introduces us to several TBF donors across the spectrum of our work, and the organizations that inspire them. A complementary video series - "Pathways to Equity" - explores the partnerships that take our work with nonprofits beyond grantmaking. Together, they bring a unique perspective into what it means to work with us, and the opportunity we can unlock to improve lives, and strengthen communities.

Our Pathways to Equity: A Series

This year, in addition to our Annual Report's focus on our donor partners, we are proud to present a series of videos highlighting the work of our Pathways to Equity and the nonprofit and community partners who make our work possible. While these videos don't cover every focus area of our programmatic work, they provide a glimpse into a cross-section of our collaborative work across all of our pathways.

At the Boston Foundation, we believe that when we advance equity and close the gaps of our city’s disparities, we not only improve lives, we strengthen entire communities. Simply put, when we move equity, we move Boston.


The systemic inequities at the core of these disparities cannot be dismantled without extraordinary perseverance and collaboration among a number of visionary and courageous partners. These include our donors, such as those profiled in this report, our many nonprofit partners, researchers who contributed to some of our reports, those who served as panelists for our forums, Governor Maura Healey and a number of farsighted legislators.

This was a record-breaking year for our civic leadership work, with passage of legislation informed and supported by TBF. Bills signed into law by Governor Healey included a landmark advocacy effort led by TBF to advance wage equity, breakthroughs in maternal health, and the largest housing bond bill in Massachusetts history.

This was also the first full year guided by our four pathways: Child Well-Being; Economic Opportunity; Community Leadership; and Community Wealth. Together with our many close partners, we are helping to build a stronger, greater Boston.

Lee Pelton signature

M. Lee Pelton
President and CEO