# The Boston Foundation

The Boston Foundation is an Endowment / Foundation based in Boston, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** 75 Arlington Street 3rd Floor, Boston, MA 02116, United States
- **Founded:** 1915
- **Assets under management:** 1900 (Altss estimate)
- **Website:** tbf.org
- **LinkedIn:** https://www.linkedin.com/company/bostonfoundation

## About

The Boston Foundation is one of the oldest and largest community foundations in the nation. It serves donors who meet their own philanthropic goals while contributing to the Foundation's overall strength. The Foundation publishes research, convenes discussions, and creates agendas for change in the region.

## Sectors

- Diversified
- Financial Services
- Real Estate
- Energy & Utilities

## People

- M. Lee Pelton — President and CEO
- George Wilson — Chief Investment Officer
- Dwight Poler — Chair of the Board of Directors

## Questions

### Who runs investment decisions at The Boston Foundation?

George Wilson serves as Chief Investment Officer. M. Lee Pelton acts as President and CEO with oversight of overall strategy.

### Does The Boston Foundation participate in fund commitments or only direct deals?

The foundation commits to private equity funds including TA Associates, Advent International, Charlesbank, Summit Partners, and Vista Equity Partners. It also holds direct positions in solar projects and affordable housing vehicles.

### What asset classes does The Boston Foundation allocate to?

Allocations include public equities through managers such as Adage Capital Partners and Vanguard, private equity at a current 14.51 percent, and real assets within the Balanced Plus Pool.

### How is The Boston Foundation related to its named funds?

It maintains the Asian Community Fund, Latino Equity Fund, Equality Fund, and Business Equity Fund as dedicated vehicles for targeted grantmaking and impact investments.

### What investment stages does The Boston Foundation target through its private equity holdings?

Holdings span buyout, growth, and venture strategies via commitments to established managers across multiple fund vintages.

### Does The Boston Foundation maintain relationships with external service providers?

It engages KPMG as auditor, State Street Corporation as custodian, Prime Buchholz as investment advisor, and Goodwin Procter as legal counsel.

## Related profiles

- [Saint Paul & Minnesota Foundation](https://altss.com/profile/saint-paul-minnesota-foundation)
- [Titanium](https://altss.com/profile/titanium)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-boston-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology