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Also known as: FOUNDATION INC
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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 is governed by 10 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Massachusetts. 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 N/A to $150K, with an average award of $10K. The foundation has supported 353 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.
Smallest Grant
N/A
Median Grant
$5K
Average Grant
$9K
Largest Grant
$90K
Based on 228 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.
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 N/A 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 |
| Wayne F Patenaude | PRESIDENT/CEO/CHAIRMAN | $0 | $0 | N/A |
| Stephen J Coukos | EVP/GENERAL COUNSEL/CLERK | $0 | $0 | N/A |
| Michael Gilles | EVP/COO/CFO/TREASURER/ASST. CLERK | $0 | $0 | N/A |
| Jeri Foutter | VP/ASSISTANT CLERK | $0 | $0 | N/A |
| Daniel Carey | SVP/CONTROLLER | $0 | $0 | N/A |
Total Giving
$3.1M
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
$3M
Contributions
N/A
Net Investment Income
$122K
Distribution Amount
$85K
Total Grants
737
Total Giving
$7.3M
Average Grant
$10K
Median Grant
$4K
Unique Recipients
353
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 |
| 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 |
| Allston Brighton CdcEXEMPT PURPOSE | Boston, MA | $50K | 2023 |
| Somerville Community CorporationEXEMPT PURPOSE | Somerville, MA | $50K | 2023 |
| Watch Community Development CorporationEXEMPT PURPOSE | Waltham, MA | $50K | 2023 |
| Fenway Community Development CorporationEXEMPT PURPOSE | Boston, MA | $50K | 2023 |
| Action For Boston Community Development IncEXEMPT PURPOSE | Boston, MA | $50K | 2023 |
| The Neighborhood DevelopersEXEMPT PURPOSE | Chelsea, MA | $50K | 2023 |
| Neighborhood Of Affordable HousingEXEMPT PURPOSE | East Boston, MA | $50K | 2023 |
| Food For Free Committee IncEXEMPT PURPOSE | Cambridge, MA | $50K | 2023 |
| Asian Community Development CorporationEXEMPT PURPOSE | Boston, MA | $40K | 2023 |
| South Boston NdcEXEMPT PURPOSE | Boston, MA | $40K | 2023 |
| Dorchester Bay Economic 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 |
| Homestart Inc Fbo ChafEXEMPT PURPOSE | Boston, MA | $30K | 2023 |
| Harvest On The VineEXEMPT PURPOSE | Charlestown, MA | $30K | 2023 |
| Bread Of Life IncEXEMPT PURPOSE | Malden, MA | $30K | 2023 |
| First Congregational Church Of RevereEXEMPT PURPOSE | Revere, MA | $30K | 2023 |
| Metro West Collaborative DevelopmentEXEMPT PURPOSE | Newton, MA | $29K | 2023 |
| Victory ProgramsEXEMPT PURPOSE | Boston, MA | $25K | 2023 |
| Waltham Boys And Girls ClubEXEMPT PURPOSE | Waltham, MA | $25K | 2023 |
| Bridges HomewardEXEMPT PURPOSE | Cambridge, MA | $24K | 2023 |
| Homeowners Rehab IncEXEMPT PURPOSE | Cambridge, MA | $20K | 2023 |
| Cambridge Camping AssociationEXEMPT PURPOSE | Cambridge, MA | $20K | 2023 |
| Minuteman Senior ServicesEXEMPT PURPOSE | Burlington, MA | $20K | 2023 |
| Pan Massachusetts ChallengeEXEMPT PURPOSE | Needham, MA | $20K | 2023 |
| Healthy Waltham IncEXEMPT PURPOSE | Waltham, MA | $20K | 2023 |
| Friends Of Watertown Council On Aging IncEXEMPT PURPOSE | Watertown, MA | $20K | 2023 |
| Pine Street InnEXEMPT PURPOSE | Boston, MA | $20K | 2023 |
| Hildebrand Family Self Help Center IncEXEMPT PURPOSE | Cambridge, MA | $20K | 2023 |
| The Urban Food Initiative IncEXEMPT PURPOSE | Dorchester, MA | $18K | 2023 |
| Mystic Valley Elder ServicesEXEMPT PURPOSE | Malden, MA | $15K | 2023 |
| Cambridge Local FirstEXEMPT PURPOSE | Cambridge, MA | $15K | 2023 |
| Heading Home IncEXEMPT PURPOSE | Cambridge, MA | $15K | 2023 |
| Find The Cause GalaEXEMPT PURPOSE | Framingham, MA | $15K | 2023 |
| Familyaid Boston IncEXEMPT PURPOSE | Boston, MA | $15K | 2023 |
| Community ServingsEXEMPT PURPOSE | Jamaica Plain, MA | $14K | 2023 |
| John Barry Boys & Girls Club Of NewtonEXEMPT PURPOSE | Newton, MA | $13K | 2023 |
| Emerson HospitalEXEMPT PURPOSE | Concord, MA | $13K | 2023 |
| Arlington Boys & Girl ClubEXEMPT PURPOSE | Arlington, MA | $12K | 2023 |
| Catholic MemorialEXEMPT PURPOSE | Boston, MA | $11K | 2023 |
| Open Table IncEXEMPT PURPOSE | San Francisco, CA | $10K | 2023 |