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Also known as: FOUNDATION INC
Cambridge Savings Charitable Foundation Inc. is a private corporation based in CAMBRIDGE, MA. The foundation received its IRS ruling in 2003. The principal officer is % Daniel Carey. It holds total assets of $1.3M. Annual income is reported at $3.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cambridge Savings Charitable Foundation Inc. has made 737 grants totaling $7.3M, with a median grant of $4K. Annual giving has decreased from $4.6M in 2022 to $2.7M in 2023. Individual grants have ranged from $50 to $150K, with an average award of $10K. The foundation has supported 362 unique organizations. The foundation primarily supports organizations in Massachusetts, New Hampshire, Virginia, which account for 93% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Cambridge Savings Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 737 grants. Its grantmaking reaches organizations primarily in MA, NH, VA.
Cambridge Savings Charitable Foundation Inc. has distributed a total of $7.3M across 737 grants. The median grant size is $4K, with an average of $10K. Individual grants have ranged from $50 to $150K.
Cambridge Savings Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cambridge Savings Charitable Foundation Inc. is headquartered in CAMBRIDGE, MA. While based in MA, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anne Adams Cushman | DIRECTOR | $8K | $0 | $8K |
| Robert P Reardon | DIRECTOR | $8K | $0 | $8K |
| Robert Ramsey | DIRECTOR | $8K | $0 | $8K |
| Robert M Wilson | DIRECTOR | $8K | $0 | $8K |
| Charles O Lyons Passed Away | DIRECTOR | $6K | $0 | $6K |
Total Giving
$3.1M
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
$3M
Contributions
$0
Net Investment Income
$122K
Distribution Amount
$85K
Total Grants
737
Total Giving
$7.3M
Average Grant
$10K
Median Grant
$4K
Unique Recipients
362
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Just-A-Start CorporationEXEMPT PURPOSE | Cambridge, MA | $150K | 2023 |
| Tech Goes Home IncEXEMPT PURPOSE | Boston, MA | $150K | 2023 |
| Benjamin Franklin Cummings Institute Of TechEXEMPT PURPOSE | Boston, MA | $101K | 2023 |
| Sustainable Business Network Of MassachusettsEXEMPT PURPOSE | Cambridge, MA | $100K | 2023 |
| Mount Auburn HospitalEXEMPT PURPOSE | Cambridge, MA | $81K | 2023 |
| Wayne F Patenaude |
| PRESIDENT/CEO/CHAIRMAN |
| $0 |
| $0 |
| $0 |
| Stephen J Coukos | EVP/GENERAL COUNSEL/CLERK | $0 | $0 | $0 |
| Michael Gilles | EVP/COO/CFO/TREASURER/ASST. CLERK | $0 | $0 | $0 |
| Jeri Foutter | VP/ASSISTANT CLERK | $0 | $0 | $0 |
| Daniel Carey | SVP/CONTROLLER | $0 | $0 | $0 |
| Somerville Homeless Coalition IncEXEMPT PURPOSE | Somerville, MA | $70K | 2023 |
| Cambridge Health Alliance FoundationEXEMPT PURPOSE | Malden, MA | $61K | 2023 |
| Housing Corporation Of ArlingtonEXEMPT PURPOSE | Arlington, MA | $55K | 2023 |
| Urban Edge Housing CorporationEXEMPT PURPOSE | Roxbury, MA | $50K | 2023 |
| The Neighborhood DevelopersEXEMPT PURPOSE | Chelsea, MA | $50K | 2023 |
| Somerville Community CorporationEXEMPT PURPOSE | Somerville, MA | $50K | 2023 |
| Action For Boston Community Development IncEXEMPT PURPOSE | Boston, MA | $50K | 2023 |
| Neighborhood Of Affordable HousingEXEMPT PURPOSE | East Boston, MA | $50K | 2023 |
| Watch Community Development CorporationEXEMPT PURPOSE | Waltham, MA | $50K | 2023 |
| Allston Brighton CdcEXEMPT PURPOSE | Boston, MA | $50K | 2023 |
| Fenway Community Development CorporationEXEMPT PURPOSE | Boston, MA | $50K | 2023 |
| Food For Free Committee IncEXEMPT PURPOSE | Cambridge, MA | $50K | 2023 |
| Dorchester Bay Economic Development CorporationEXEMPT PURPOSE | Boston, MA | $40K | 2023 |
| South Boston NdcEXEMPT PURPOSE | Boston, MA | $40K | 2023 |
| Asian Community Development CorporationEXEMPT PURPOSE | Boston, MA | $40K | 2023 |
| Fund For Catholic Schools IncEXEMPT PURPOSE | Boston, MA | $37K | 2023 |
| Caritas Communities IncEXEMPT PURPOSE | Braintree, MA | $35K | 2023 |
| Harvest On The VineEXEMPT PURPOSE | Charlestown, MA | $30K | 2023 |
| First Congregational Church Of RevereEXEMPT PURPOSE | Revere, MA | $30K | 2023 |
| Bread Of Life IncEXEMPT PURPOSE | Malden, MA | $30K | 2023 |
| Homestart Inc Fbo ChafEXEMPT PURPOSE | Boston, MA | $30K | 2023 |
| Metro West Collaborative DevelopmentEXEMPT PURPOSE | Newton, MA | $29K | 2023 |
| Waltham Boys And Girls ClubEXEMPT PURPOSE | Waltham, MA | $25K | 2023 |
| Victory ProgramsEXEMPT PURPOSE | Boston, MA | $25K | 2023 |
| Bridges HomewardEXEMPT PURPOSE | Cambridge, MA | $24K | 2023 |
| Minuteman Senior ServicesEXEMPT PURPOSE | Burlington, MA | $20K | 2023 |
| Healthy Waltham IncEXEMPT PURPOSE | Waltham, MA | $20K | 2023 |
| Hildebrand Family Self Help Center IncEXEMPT PURPOSE | Cambridge, MA | $20K | 2023 |
| Homeowners Rehab IncEXEMPT PURPOSE | Cambridge, MA | $20K | 2023 |
| Pine Street InnEXEMPT PURPOSE | Boston, MA | $20K | 2023 |
| Pan Massachusetts ChallengeEXEMPT PURPOSE | Needham, MA | $20K | 2023 |
| Friends Of Watertown Council On Aging IncEXEMPT PURPOSE | Watertown, MA | $20K | 2023 |
| Cambridge Camping AssociationEXEMPT PURPOSE | Cambridge, MA | $20K | 2023 |
| The Urban Food Initiative IncEXEMPT PURPOSE | Dorchester, MA | $18K | 2023 |
| Cambridge Local FirstEXEMPT PURPOSE | Cambridge, MA | $15K | 2023 |
| Find The Cause GalaEXEMPT PURPOSE | Framingham, MA | $15K | 2023 |
| Mystic Valley Elder ServicesEXEMPT PURPOSE | Malden, MA | $15K | 2023 |
| Heading Home IncEXEMPT PURPOSE | Cambridge, MA | $15K | 2023 |
| Familyaid Boston IncEXEMPT PURPOSE | Boston, MA | $15K | 2023 |
| Community ServingsEXEMPT PURPOSE | Jamaica Plain, MA | $14K | 2023 |
| Emerson HospitalEXEMPT PURPOSE | Concord, MA | $13K | 2023 |
| John Barry Boys & Girls Club Of NewtonEXEMPT PURPOSE | Newton, MA | $13K | 2023 |
| Arlington Boys & Girl ClubEXEMPT PURPOSE | Arlington, MA | $12K | 2023 |
| Catholic MemorialEXEMPT PURPOSE | Boston, MA | $11K | 2023 |
| Lovin' SpoonfulsEXEMPT PURPOSE | Newton, MA | $10K | 2023 |
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