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Also known as: CHARITABLE FOUNDATION
Colonial Federal Savings Bank Charitable Foundation Inc. is a private corporation based in QUINCY, MA. The foundation received its IRS ruling in 2023. The principal officer is % Susan Shea. It holds total assets of $947K. Annual income is reported at $273. The foundation operates in the area of philanthropy & grantmaking. According to available records, Colonial Federal Savings Bank Charitable Foundation Inc. has made 123 grants totaling $183K, with a median grant of $1K. Annual giving has decreased from $127K in 2022 to $57K in 2023. Individual grants have ranged from $100 to $10K, with an average award of $1K. The foundation has supported 64 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Colonial Federal Savings Bank Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 123 grants. Its grantmaking reaches organizations primarily in MA.
Colonial Federal Savings Bank Charitable Foundation Inc. has distributed a total of $183K across 123 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $100 to $10K.
The application deadline is SEE APPLICATIONS FOR VARIOUS DEADLINES. 501(C)(3) PUBLIC CHARITIES LOCATED IN THE GREATER QUINCY AREA OR THAT CONTRIBUTE TO THE COMMUNITIES LOCATED IN THE GREATER QUINCY AREA AND TO THE WELFARE OF THE PEOPLE AND INSTITUTIONS OF THESE COMMUNITIES.
Colonial Federal Savings Bank Charitable Foundation Inc. is headquartered in QUINCY, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Mcfarland | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Susan Shea | TREASURER/DIRECTOR | $0 | $0 | $0 |
| Joseph Shadduck As Of 812023 | SECRETARY/DIRECTOR | $0 | $0 | $0 |
| Richard Meade Past Away | SECRETARY/DIRECTOR | $0 | $0 | $0 |
Total Giving
$61K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$57K
Contributions
$0
Net Investment Income
$478
Distribution Amount
$56K
Total: $842K
Total Grants
123
Total Giving
$183K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
64
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Interfaith Social ServicesEXEMPT PURPOSE | Quincy, MA | $10K | 2023 |
| Neighborworks Housing SolutionsEXEMPT PURPOSE | Quincy, MA | $8K | 2023 |
| Caritas CommunitiesEXEMPT PURPOSE | Braintree, MA | $5K | 2023 |
| Rotary Club Of Quincy Charitable FoundationEXEMPT PURPOSE | Quincy, MA | $3K | 2023 |
| The Salvation ArmyEXEMPT PURPOSE | Quincy, MA | $3K | 2023 |
| The Globe Santa FoundationEXEMPT PURPOSE | Medford, MA | $3K | 2023 |
| New Quincy City ClubEXEMPT PURPOSE | Quincy, MA | $3K | 2023 |
| Quincy Youth Hockey AssociationEXEMPT PURPOSE | Quincy, MA | $2K | 2023 |
| Germantown Neighborhood Food PantryEXEMPT PURPOSE | Quincy, MA | $2K | 2023 |
| Holbrook Middle-High SchoolEXEMPT PURPOSE | Holbrook, MA | $2K | 2023 |
| Quincy Lions Club CharitiesEXEMPT PURPOSE | Quincy, MA | $1K | 2023 |
| Quincy School Community PartnershipEXEMPT PURPOSE | Quincy, MA | $1K | 2023 |
| South Shore Food BankEXEMPT PURPOSE | Boston, MA | $1K | 2023 |
| Quincy Police DareEXEMPT PURPOSE | Quincy, MA | $1K | 2023 |
| Town Of WeymouthEXEMPT PURPOSE | Weymouth, MA | $1K | 2023 |
| Holbrook Public Library FundEXEMPT PURPOSE | Holbrook, MA | $1K | 2023 |
| The Katie Crowell FoundationEXEMPT PURPOSE | Milton, MA | $1K | 2023 |
| Manet Community HealthEXEMPT PURPOSE | North Quincy, MA | $1K | 2023 |
| Maria Droste Counseling ServicesEXEMPT PURPOSE | Quincy, MA | $1K | 2023 |
| Bizarbots RoboticsEXEMPT PURPOSE | Holbrook, MA | $1K | 2023 |
| The Jimmy Kennedy Memorial Run For AlsEXEMPT PURPOSE | Wakefield, MA | $1K | 2023 |
| Weymouth Food PantryEXEMPT PURPOSE | Weymouth, MA | $1K | 2023 |
| Holbrook Little LeagueEXEMPT PURPOSE | Holbrook, MA | $500 | 2023 |
| Holbrook Food PantryEXEMPT PURPOSE | Holbrook, MA | $500 | 2023 |
| Mike'S 5k To Crush Substance AbuseEXEMPT PURPOSE | Milton, MA | $500 | 2023 |
| National Ms SocietyEXEMPT PURPOSE | Waltham, MA | $500 | 2023 |
| Quincy Friends Of ScoutingEXEMPT PURPOSE | Quincy, MA | $500 | 2023 |
| Quincy Youth BaseballsoftballEXEMPT PURPOSE | Quincy, MA | $500 | 2023 |
| Qyh FundraiserEXEMPT PURPOSE | Quincy, MA | $500 | 2023 |
| Weymouth High School Football BoostersEXEMPT PURPOSE | Weymouth, MA | $500 | 2023 |
| Weymouth Cal Ripken BaseballEXEMPT PURPOSE | Weymouth, MA | $275 | 2023 |
| Sscyc IncEXEMPT PURPOSE | Weymouth, MA | $250 | 2023 |
| Holbrook Youth BasketballEXEMPT PURPOSE | Holbrook, MA | $250 | 2023 |
| Friends Of Sunset Point Camp In HullEXEMPT PURPOSE | Boston, MA | $250 | 2023 |
| Weymouth Little LeagueEXEMPT PURPOSE | Weymouth, MA | $250 | 2023 |
| Quincy High School PacEXEMPT PURPOSE | Quincy, MA | $250 | 2023 |
| Wollaston School PtoEXEMPT PURPOSE | Quincy, MA | $200 | 2023 |
| Lost Coin Women'S FundEXEMPT PURPOSE | Braintree, MA | $125 | 2023 |
| Central Middle SchoolEXEMPT PURPOSE | Quinccy, MA | $100 | 2023 |
| Quincy High School Drama ClubEXEMPT PURPOSE | Quincy, MA | $100 | 2023 |
| Morrisette BaseballEXEMPT PURPOSE | Quincy, MA | $100 | 2023 |
| Interfaith Social ServiceEXEMPT PURPOSE | Quincy, MA | $5K | 2022 |
| Quincy City ClubEXEMPT PURPOSE | Quincy, MA | $3K | 2022 |
| Quincy Community Action ProgramsEXEMPT PURPOSE | Quincy, MA | $3K | 2022 |
| The Boston Globe FoundationEXEMPT PURPOSE | Medford, MA | $3K | 2022 |
| Mba Charitable FoundationEXEMPT PURPOSE | Boston, MA | $1K | 2022 |
| Manet Community Health CenterEXEMPT PURPOSE | Quincy, MA | $1K | 2022 |
| Quincy Lions Charities IncEXEMPT PURPOSE | Quincy, MA | $1K | 2022 |
| The Angel Fund For Als ResearchEXEMPT PURPOSE | Wakefield, MA | $1K | 2022 |
| Town Of HolbrookEXEMPT PURPOSE | Holbrook, MA | $1K | 2022 |
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