The Boston Society of Architects established the Foundation in 1984. The Foundation made its first grant that year and has made a varying number of grants each year since. The Foundation seeks to engender in current and future generations informed commitment to sensitive, well-designed, humanistic environments.
Governance
The Foundation, a 501(c)(3) public charity, is an independent corporation governed by a 15-member Board of Trustees that, includes six architects (whose election or appointment is subject to confirmation by the Board of Directors of the Boston Society of Architects) and nine "public" or non-architect members elected or appointed by the Foundation's Board of Trustees. All trustees serve limited terms.
Administration
The Foundation is administered by an Executive Director whose services are purchased from the Boston Society of Architects.
Endowment
At April 1, 2011, the Foundation's endowment was valued at $1,219,278. These funds are invested in a variety of income-producing and long-term growth investment instruments.