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Also known as: F/K/A EASTERN BANK CHARITABLE FOUNDATION
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Eastern Bank Charitable Foundation is a private trust based in WAKEFIELD, MA. The foundation received its IRS ruling in 1995. The principal officer is Eastern Bank Foundation. It holds total assets of $266.7M. Annual income is reported at $72M. The foundation is governed by 7 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, Eastern Bank Charitable Foundation has made 3,902 grants totaling $42.1M, with a median grant of $2K. Annual giving has decreased from $15.7M in 2021 to $12M in 2023. Individual grants have ranged from N/A to $1.6M, with an average award of $11K. The foundation has supported 2,741 unique organizations. The foundation primarily supports organizations in Massachusetts, New Hampshire, Rhode Island, which account for 91% of all grants. Grantmaking reaches organizations across 42 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$3K
Average Grant
$13K
Largest Grant
$2.5M
Based on 1,724 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.
Eastern Bank Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3,902 grants. Its grantmaking reaches organizations primarily in MA, NH, RI.
Eastern Bank Charitable Foundation has distributed a total of $42.1M across 3,902 grants. The median grant size is $2K, with an average of $11K. Individual grants have ranged from N/A to $1.6M.
The application deadline is CERTAIN GRANT CATEGORIES MAY REQUIRE SUBMISSION DEADLINES.. Generally limited to 501(c)(3) organizations within the eastern massachusetts area, southern new hampshire, and rhode island.
Eastern Bank Charitable Foundation is headquartered in WAKEFIELD, MA. While based in MA, the foundation distributes grants to organizations across 42 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Canales | TRUSTEE | $0 | $0 | N/A |
| James Rudolph | TRUSTEE | $0 | $0 | N/A |
| Robert F Rivers | TRUSTEE | $0 | $0 | N/A |
| Deborah C Jackson | TRUSTEE | $0 | $0 | N/A |
| Carol N Fulp | TRUSTEE | $0 | $0 | N/A |
| Bari A Harlam | TRUSTEE | $0 | $0 | N/A |
| Joseph T Chung | TRUSTEE | $0 | $0 | N/A |
Total Grants
3,902
Total Giving
$42.1M
Average Grant
$11K
Median Grant
$2K
Unique Recipients
2,741
Most Common Grant
$1K
of 2023 grantees were first-time recipients
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.