BLUE CROSS BLUE SHIELD OF MASS FD INC FOR EXPANDING HEALTHCARE ACCES: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: BLUE CROSS BLUE SHIELD OF MASS FD INC FOR EXPANDING HEALTHCARE ACCES (EIN 04-3148824)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-10
IRS object ID: 202523149349102687
Schema version: 2024v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
General Explanation Attachment
Investments Corp Stock Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-10T15:31:27+00:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	346565596	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	155 N WACKER DRIVE	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	043148824	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BLUE CROSS AND BLUE SHIELD OF MASSACHUSETTS FOUNDATION FOR EXPANDING HEALTH	BusinessNameLine1Txt
Business Name Line2	CARE ACCESS	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	BLUE	BusinessNameControlTxt
Phone	6172465000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	101 HUNTINGTON AVENUE SUITE 1300	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021997611	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RUBY KAM	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	6172465000	PhoneNum
Signature	2025-11-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Katherine Kurtzman	PreparerPersonNm
PTIN	P01236691	PTIN
Phone	3128792000	PhoneNum
Preparation	2025-10-28	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$107,454,283	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$887,772	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$1,461,299	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,461,299	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$5,876,981	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$17,678,609	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$5,876,981	CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc	$0	GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$7,565	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$8,233,617	TotalRevAndExpnssAmt
Total Net Invst Incm	$7,338,280	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Legal Fees Rev And Expnss	$0	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$0	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,979,703	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$244,027	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$1,735,676	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$147,632	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm	$0	DeprecAndDpltnAdjNetIncmAmt
Trav Conf Meeting Rev And Expnss	$201,356	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl	$201,356	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$1,185	PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl	$1,185	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,391,021	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$1,391,021	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$3,720,897	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$244,027	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,329,238	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$3,905,581	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,720,970	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$7,626,478	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$244,027	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$6,050,208	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$607,139	ExcessRevenueOverExpensesAmt
Net Investment Income	$7,094,253	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$7,295,972	CashBOYAmt
Cash EOY	$4,772,455	CashEOYAmt
Cash EOYFMV	$4,772,455	CashEOYFMVAmt
Acct Rcvbl	$47,293	AcctRcvblAmt
Acct Rcvbl BOY	$64,288	AcctRcvblBOYAmt
Acct Rcvbl EOY	$47,293	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$47,293	AcctRcvblEOYFMVAmt
Pledges Rcvbl BOY	$0	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$0	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$0	PledgesRcvblEOYFMVAmt
Grants Receivable BOY	$92,561	GrantsReceivableBOYAmt
Grants Receivable EOY	$177,939	GrantsReceivableEOYAmt
Grants Receivable EOYFMV	$177,939	GrantsReceivableEOYFMVAmt
Rcvbl From Officers BOY	$0	RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY	$0	RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV	$0	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl	$0	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$0	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$0	OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY	$8,975	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$0	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$0	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$0	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$0	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$0	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$96,544,084	CorporateStockBOYAmt
Corporate Stock EOY	$102,456,596	CorporateStockEOYAmt
Corporate Stock EOYFMV	$102,456,596	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$0	CorporateBondsBOYAmt
Corporate Bonds EOYFMV	$0	CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis	$0	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$0	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$0	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOYFMV	$0	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$0	OtherInvestmentsBOYAmt
Other Investments EOY	$0	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$0	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$0	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$0	LandBldgEquipAccumDeprecAmt
Land BOY	$0	LandBOYAmt
Land EOYFMV	$0	LandEOYFMVAmt
Other Assets BOY	$53,987	OtherAssetsBOYAmt
Other Assets EOY	$0	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$104,059,867	TotalAssetsBOYAmt
Total Assets EOY	$107,454,283	TotalAssetsEOYAmt
Total Assets EOYFMV	$107,454,283	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$171,520	AccountsPayableBOYAmt
Accounts Payable EOY	$196,166	AccountsPayableEOYAmt
Grants Payable BOY	$1,760,411	GrantsPayableBOYAmt
Grants Payable EOY	$1,209,611	GrantsPayableEOYAmt
Loans From Officers BOY	$0	LoansFromOfficersBOYAmt
Loans From Officers EOY	$0	LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY	$0	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$0	MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY	$606,082	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$666,675	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$2,538,013	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,072,452	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$101,521,854	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$105,381,831	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$101,521,854	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$105,381,831	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$104,059,867	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$107,454,283	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$101,521,854	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$607,139	ExcessRevenueOverExpensesAmt
Other Increases	$3,277,838	OtherIncreasesAmt
Subtotal	$105,406,831	SubtotalAmt
Other Decreases	$25,000	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$105,381,831	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	GAIN ON SALE OF INVESTMENTS	PropertyDesc
How Acquired	P	HowAcquiredCd
Gross Sales Price	$17,678,609	GrossSalesPriceAmt
Cost Or Other Basis	$11,801,628	CostOrOtherBasisAmt
Gain Or Loss	$5,876,981	GainOrLossAmt
Excess FMV Over Adjusted Bss	$0	ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses	$5,876,981	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$5,876,981	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$98,610	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$98,610	SubtotalAmt
Tax Based On Investment Income	$98,610	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$91,388	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$210,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$301,388	TotalPaymentsAndCreditsAmt
Overpayment	$202,778	OverpaymentAmt
Applied To ES Tax	$202,778	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	BCBSMAFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	MICHAEL CARDER	IndividualWithBooksNm
Phone	6172465000	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 HUNTINGTON AVENUE SUITE 1300	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021997611	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (19 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ANDREW DREYFUS
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	CHAIR	1.00	$0	$0	$0
PATRICIA WASHINGTON
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	VICE CHAIR	1.00	$0	$0	$0
AUDREY SHELTO
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	PRESIDENT & CEO	1.00	$0	$0	$0
ANTHONY CRISCUOLO
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	TREASURER	1.00	$0	$0	$0
MARC FREIBERGER
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	CLERK	1.00	$0	$0	$0
ZAMAWA ARENAS
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
ELI VASQUEZ
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	ASSISTANT CLERK	1.00	$0	$0	$0
CARLOS CAPPAS
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
JD CHESLOFF
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
DENISE DE LA NUECES
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
SANDRO GALEA
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
SHELLY GREENFIELD
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
MICHAEL HUNTER
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
THEA JAMES
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
THOMAS H LEE
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
MARY KAY LEONARD
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
ANTONIA (TONI) MCGUIRE
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
MICHAEL MILLER
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0
SANDHYA RAO
101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	BOARD OF DIRECTORS	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
BLUE CROSS BLUE SHIELD OF MASSACHUSSETTS INC
101 HUNTINGTON AVENUE	SUITE 1300	BOSTON	MA	02199	PURCHASED IN-KIND SERVICES	$3,326,237
MANATT PHELPS & PHILLIPS LLP
7 TIMES SQUARE		NEW YORK	NY	10036	LEGAL AND CONSULTING	$517,870
CPHC INSTITUTE FOR COMMUNITY HEALTH
350 MAIN STREET	4TH FLOOR	MALDEN	MA	02148	PROFESSIONAL CONSULTING SERVICES	$161,234
TYE LAWRENCE S
139A FAYERWAEATHER STREET		CAMBRIDGE	MA	02138	CONSULTING	$138,149
BABSON EXECUTIVE CONFERENCE CENTER
1 SYNDER DRIVE		BABSON PARK	MA	02457	HEALTH COVERAGE FELLOWSHIP	$117,176

Field	Value	IRS element (for citing)
Contractor Paid Over50k	9	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	THE MISSION (PURPOSE) OF THE BLUE CROSS AND BLUE SHIELD OF MASSACHUSETTS FOUNDATION INC. IS TO EXPAND ACCESS TO HEALTH CARE THROUGH GRANTS & POLICY INITIATIVES, THE FOUNDATION WORKS WITH PUBLIC AND PRIVATE ORGANIZATIONS TO BROADEN HEALTHCARE THROUGH GRANTS AND POLICY INITIATIVES. THE FOUNDATION WILL FOCUS ON DEVELOPING SOLUTIONS THAT BENEFIT UNINSURED, VULNERABLE AND LOW INCOME INDIVIDUALS AND FAMILIES IN THE COMMONWEALTH. THROUGH CATALYST GRANTS, THE FOUNDATION IS A RESOURCE FOR MINI GRANTS OF UP TO $5,000 TO ORGANIZATIONS SERVING THE HEALTH NEEDS OF LOW INCOME AND UNINSURED RESIDENTS OF MA.	Description1Txt
Expenses1	$6,042,643	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$147,244,090	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$5,165,408	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$152,409,498	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$152,409,498	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$2,286,142	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$150,123,356	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$7,506,168	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$7,506,168	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$98,610	TaxBasedOnInvestmentIncomeAmt
Total Tax	$98,610	TotalTaxAmt
Distributable Before Adj	$7,407,558	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$6,750	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$7,414,308	DistributableBeforeDedAmt
Distributable As Adjusted	$7,414,308	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$6,050,208	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$6,050,208	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$7,414,308	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year2	2021	PriorYear2Yr
Prior Year3	2020	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$2,695,308	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$2,712,596	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,838,046	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$2,187,293	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$328,145	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$9,761,388	TotalExcessDistributionCyovAmt
Qualifying Distributions	$6,050,208	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$6,050,208	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$1,364,100	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$1,364,100	ExcessDistributionCyovAppCYAmt
Total Corpus	$8,397,288	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$1,331,208	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$7,066,080	ExcessDistriCyovToNextYrAmt
Excess From Year4	$2,712,596	ExcessFromYear4Amt
Excess From Year3	$1,838,046	ExcessFromYear3Amt
Excess From Year2	$2,187,293	ExcessFromYear2Amt
Excess From Year1	$328,145	ExcessFromYear1Amt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	AUDREY SHELTO	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 HUNTINGTON AVENUE SUITE 1300	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021997611	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	6172465000	RecipientPhoneNum
Form And Info And Materials	A TWO PAGE LETTER OF INQUIRY CAN BE SUBMITTED TO AUDREY SHELTO	FormAndInfoAndMaterialsTxt
Submission Deadlines	N/A	SubmissionDeadlinesTxt
Restrictions On Awards	N/A	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEE ATTACHMENT	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 HUNTINGTON AVENUE SUITE 1300	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02199	ZIPCd

Field	Value	IRS element (for citing)
Grant Or Contribution Purpose	SEE STATEMENT	GrantOrContributionPurposeTxt
Amt	$2,720,970	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,720,970	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEE STATEMENT	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 HUNTINGTON AVENUE 101 HUNTINGTO	AddressLine1Txt
Address Line2	N AVENUE	AddressLine2Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02199	ZIPCd

Field	Value	IRS element (for citing)
Grant Or Contribution Purpose	SEE STATEMENT	GrantOrContributionPurposeTxt
Amt	$1,184,611	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$1,184,611	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,461,299	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$5,876,981	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
RECOVERY OF BAD DEBT	1	$4,565
MISC CASH RECEIPTS	1	$3,000

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$7,345,845	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$7,345,845	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	Yes (true)	RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail (2 entries)

Organization TypeOrganizationTypeDesc	Relationship DescriptionRelationshipDescriptionTxt
BCBSMA HMO BLUE INC
501(c)(4)	AFFILIATE
HCAF
501(c)(3)	INACTIVE AFFILIATE

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (12 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Address Line2ContributorUSAddress/AddressLine2Txt
ROBERT WOOD JOHNSON FOUNDATION
1	50 COLLEGE ROAD EAST	PRINCETON	NJ	085432316	$59,000	Yes (X)
EMPLOYEES OF BCBSMA - FOUND CATALYST
2	101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	021997611	$37,773	Yes (X)
BOWER FOUNDATION GRANT - HC FELLOWSHIP
3	578 HIGHLAND COLONY PARKWAY SUITE 1	RIDGELAND	MS	39157	$21,000	Yes (X)	20
ST DAVID'S FOUNDATION
4	1303 SAN ANTONIO STREET SUITE 600	SAN ANTONIO	TX	78701	$5,250	Yes (X)
EPISCOPAL HEALTH FOUNDATION
5	500 FANNIN ST SUITE 300	HOUSTON	TX	77002	$5,250	Yes (X)
METHODIST HEALTHCARE MINSITRIES OF TX
6	4507 MEDICAL DRIVE	SAN ANTONIO	TX	78229	$5,250	Yes (X)
MAINE HEALTH ACCESS FOUNDATION
7	146 CAPITOL STREET	AUGUSTA	ME	04330	$21,000	Yes (X)
NATIONAL INSTITUTE FOR HEALTH CARE MANAGEMENT
8	1225 19TH STREET NW STE 170	WASHINGTON	DC	20036	$22,000	Yes (X)
HENRY J KAISER FOUNDATION - HC FELLOWSHIP
9	185 BERRY STREET SUITE 2000	SAN FRANCISCO	CA	94107	$48,500	Yes (X)
THE CONGREGATIONAL COLLECTIVE AT THE HE
10	140 W SUNSET	SAN ANTONIO	TX	78209	$5,250	Yes (X)
EMPLOYEES OF BLUE CROSS
11	101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	02199	$500,000	Yes (X)
BCBSMA CATALYST MATCH
12	101 HUNTINGTON AVENUE SUITE 1300	BOSTON	MA	02199	$47,499	Yes (X)

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Identifier	COMPENSATION	IdentifierTxt
Form And Line Reference	Form 990-PF, Part VII, Line 1	FormAndLineReferenceDesc
Medium Explanation	THE OFFICERS AND DIRECTORS LISTED ARE NOT COMPENSATED BY BLUE CROSS AND BLUE SHIELD FOUNDATION INC. FOR EXPANDING HEALTHCARE ACCESS.	MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PIMCO ALL ASSET FUND	$3,787,118	$3,787,118
PUTNAM TOTAL RETURN FUND	$0	$0
PIMCO TOTAL RETURN FUND	$14,130,632	$14,130,632
SSGA S&P 500 TOBACCO FREE FUND	$28,074,940	$28,074,940
LOOMIS SAYLES ASSET	$10,396,609	$10,396,609
SCHRODER EMERG MKT EQ FD-SDR	$4,410,643	$4,410,643
SEGALL BRYANT & HAMILL INTL SM	$4,559,421	$4,559,421
WILLIAM BLAIR EMERGING MARKET	$3,941,568	$3,941,568
HARDMAN INTL LP	$6,721,945	$6,721,945
BENTALLGREENOAK US CORE PLUS	$6,131,209	$6,131,209
BOSTON TRUST SMID CAP FUND	$7,858,492	$7,858,492
IR+M CREDIT FUND	$6,472,629	$6,472,629
SPRUCEGROVE U.S.	$5,971,390	$5,971,390

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DEFERRED TAX RECEIVABLE	Desc
BOY Book Value	$53,987	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt
EOYFMV	$0	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	RECTIFICATION OF ERROR IN BOOKS	Desc
Amt	$25,000	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PURCHASED SERVICES - SALARIES	$1,105,089	$1,105,089
PURCHD SERVICES - EMPLOY BENS	$195,467	$195,467
PURCHD SERVICES - PAYROLL TAX	$85,451	$85,451
PURCHD SERVICES - CHARGEBACK	$1,200	$1,200
MISCELLANEOUS EXPENSES	$3,814	$3,814

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
RECOVERY OF BAD DEBT	$4,565
MISCELLANEOUS CASH RECEIPTS	$3,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED GAIN OR LOSS ON INVESTMENTS	$3,271,088
RETURN OF 2023 GRANT PAID	$6,750

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (4 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
DUE TO AFFILIATE BLUE CROSS AN	$433,903	$439,560
FEDERAL INCOME TAXES ON INVEST	$162,302	$207,770
SECURITY DEPOSITS PAYABLE	$9,877	$11,167
FEDERAL INCOME TAX LIABILITY	$0	$8,178

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXTERNAL PROFESSIONAL FEES	$1,658,715	$0	$1,658,715
INVESTMENT FEES	$244,027	$244,027	$0
OTHER PROFESSIONAL FEES	$76,961	$0	$76,961

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAX ON INVESTMENT INCOME	CategoryTxt
Amt	$147,632	Amt