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Also known as: Charitable Foundation
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Bay State Federal Savings Charitable Foundation is a private corporation based in WEST NEWTON, MA. The foundation received its IRS ruling in 1999. The principal officer is Denise Renaghan. It holds total assets of $16.3M. Annual income is reported at $7.5M. Total assets have grown from $7.6M in 2011 to $14.3M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Bay State Federal Savings Charitable Foundation has made 625 grants totaling $1.5M, with a median grant of $2K. Annual giving has grown from $180K in 2020 to $900K in 2022. Individual grants have ranged from $250 to $10K, with an average award of $2K. The foundation has supported 213 unique organizations. The foundation primarily supports organizations in Massachusetts, Florida, Virginia, which account for 82% of all grants. Grantmaking reaches organizations across 21 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$1K
Largest Grant
$6K
Based on 139 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bay State Federal Savings Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 625 grants. Its grantmaking reaches organizations primarily in MA, FL, VA.
Bay State Federal Savings Charitable Foundation has distributed a total of $1.5M across 625 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $250 to $10K.
To support community organizations that contribute to improving quality of life.
Bay State Federal Savings Charitable Foundation is headquartered in WEST NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 21 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Denise M Renaghan | President/Director | $85K | $91K | $176K |
| Anthony Caruso | Secretary/Director | $15K | $15K | $30K |
| Michael O Gilles | Treasurer/Director | $10K | $10K | $20K |
| Brenda T Harrington | Director | $5K | $0 | $5K |
Total Giving
$790K
Total Assets
$14.3M
Fair Market Value
$14.3M
Net Worth
$14.3M
Grants Paid
$459K
Contributions
N/A
Net Investment Income
$652K
Distribution Amount
$644K
Total: $13.4M
Total Grants
625
Total Giving
$1.5M
Average Grant
$2K
Median Grant
$2K
Unique Recipients
213
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Society Of St Vincent De PaulGeneral Operating Support | Stoughton, MA | $6K | 2022 |
| American Cancer SocietyGeneral Operating Support | Kennesaw, GA | $5K | 2022 |
| Franciscan Missionary Sisters For AfricaGeneral Operating Support | Brighton, MA | $9K | 2022 |
| Brookline Multi Service Senior Center CorpGeneral Operating Support | Brookline, MA | $9K | 2022 |
| St Finbarr Catholic ChurchGeneral Operating Support | Naples, FL | $6K | 2022 |
| Our Lady Of Grace At St Joe'S Pastoral CollaborativeGeneral Operating Support | Pepperell, MA | $6K | 2022 |
| The Sisters Of Notre Dame De NamurGeneral Operating Support | Ipswich, MA | $5K | 2022 |
| Habitat For Humanity - Greater BostonGeneral Operating Support | Boston, MA | $5K | 2022 |
| My Brother'S Keeper IncGeneral Operating Support | North Easton, MA | $5K | 2022 |
| Partners In HealthGeneral Operating Support | Boston, MA | $5K | 2022 |
| St Sebastians SchoolGeneral Operating Support | Needham, MA | $5K | 2022 |
| Samaritans PurseGeneral Operating Support | Boone, NC | $5K | 2022 |
| Catholic Relief ServicesGeneral Operating Support | Baltimore, MD | $5K | 2022 |
| St Matthews HouseGeneral Operating Support | Naples, FL | $5K | 2022 |
| Matthew C Sellitto FoundationGeneral Operating Support | New Vernon, NJ | $5K | 2022 |
| Mission Of DeedsGeneral Operating Support | Reading, MA | $5K | 2022 |
| Catholic Charities UsaGeneral Operating Support | Alexandria, VA | $5K | 2022 |
| Ecumenical Community Food Pantry Of NorwoodGeneral Operating Support | Norwood, MA | $5K | 2022 |
| Pine Street InnGeneral Operating Support | Boston, MA | $5K | 2022 |
| New England Center For ChildrenGeneral Operating Support | Southborough, MA | $5K | 2022 |
| Dove IncGeneral Operating Support | Quincy, MA | $5K | 2022 |
| Father Bill'S & MainspringGeneral Operating Support | Brockton, MA | $5K | 2022 |
| Westwood Food PantryGeneral Operating Support | Westwood, MA | $5K | 2022 |
| St Francis HouseGeneral Operating Support | Boston, MA | $5K | 2022 |
| Little People'S School IncGeneral Operating Support | West Newton, MA | $5K | 2022 |
| Greater Boston Food BankGeneral Operating Support | Boston, MA | $5K | 2022 |
| Brookline Food PantryGeneral Operating Support | Brookline, MA | $5K | 2022 |
| Project PlaceGeneral Operating Support | Boston, MA | $5K | 2022 |
| Caritas CommunitiesGeneral Operating Support | Braintree, MA | $5K | 2022 |
| Corpus Christi - Saint Bernard ParishGeneral Operating Support | West Newton, MA | $5K | 2022 |
| Brookline Center For Community Mental HealthGeneral Operating Support | Brookline, MA | $5K | 2022 |
| Knights Of Columbus CharitiesGeneral Operating Support | New Haven, CT | $5K | 2022 |
| Interfaith Social ServicesGeneral Operating Support | Quincy, MA | $5K | 2022 |
| Hospitality HomesGeneral Operating Support | Boston, MA | $5K | 2022 |
| Massachusetts General HospitalGeneral Operating Support | Boston, MA | $5K | 2022 |
| Hope For HaitiGeneral Operating Support | Naples, FL | $5K | 2022 |
| Archdiocese For The Military ServicesGeneral Operating Support | Washington, DC | $5K | 2022 |
| American Red CrossGeneral Operating Support | Washington, DC | $5K | 2022 |
| Dedham Food PantryGeneral Operating Support | Dedham, MA | $5K | 2022 |