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Eastern Charitable Foundation is a private corporation based in WATERTOWN, MA. The foundation received its IRS ruling in 1955. The principal officer is Alan Steinert. It holds total assets of $1.4M. Annual income is reported at $594K. Total assets have grown from $734K in 2011 to $1.2M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2021 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Eastern Charitable Foundation has made 56 grants totaling $379K, with a median grant of $2K. Annual giving has decreased from $139K in 2021 to $85K in 2023. Grantmaking activity was highest in 2022 with $156K distributed across 16 grants. Individual grants have ranged from $500 to $50K, with an average award of $7K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in Massachusetts, Colorado, Connecticut, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$3K
Largest Grant
$50K
Based on 26 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 Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in MA, CO, CT.
Eastern Charitable Foundation has distributed a total of $379K across 56 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $500 to $50K.
Eastern massachusetts, arts & sciences, civic, educational.
Eastern Charitable Foundation is headquartered in WATERTOWN, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tessa M Steinert-Evoy | SECRETARY | $0 | $0 | N/A |
| Timothy A Steinert | MEMBER | $0 | $0 | N/A |
| Jessica B Aguilera-Steinert | VICE PRESIDENT | $0 | $0 | N/A |
| John A Steinert | TREASURER | $0 | $0 | N/A |
| Alexandra T Steinert-Evoy | MEMBER | $0 | $0 | N/A |
| Alan Steinert Jr | PRESIDENT | $0 | $0 | N/A |
Total Giving
$133K
Total Assets
$1.2M
Fair Market Value
$1.8M
Net Worth
$1.2M
Grants Paid
$85K
Contributions
N/A
Net Investment Income
$51K
Distribution Amount
$85K
Total: $1.2M
Total Grants
56
Total Giving
$379K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
39
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Just A StartGENERAL ASSISTANCE | Charlestown, MA | $50K | 2023 |
| Other Smaller AmountsVARIOUS | Various, MA | $5K | 2023 |
| Beacon AcademyEDUCATIONAL | Cambridge, MA | $5K | 2023 |
| The New Bedford LightCOMMUNITY BASED | New Bedford, MA | $5K | 2023 |
| Alma Del Mar Charter SchoolEDUCATIONAL | New Bedford, MA | $5K | 2023 |
| Freshman FreshstartEDUCATIONAL | Welsley Hills, MA | $4K | 2023 |
| First Church Of CambridgeRELIGIOUS | Cambridge, MA | $3K | 2023 |
| Chimney Corners YmcaEDUCATIONAL | Becket, MA | $2K | 2023 |
| Compassion & ChoicesEDUCATIONAL | Denver, CO | $2K | 2023 |
| New Bedford Whaling MuseumGENERAL | New Bedford, MA | $2K | 2023 |
| Zoo New EnglandWILDLIFE PROTECTION | Boston, MA | $2K | 2023 |
| Charles River SchoolEDUCATION | Dover, MA | $1K | 2023 |
| Prospect Hill Academy FoundationEDUCATIONAL | Cambridge, MA | $50K | 2022 |
| Cambridge Charter SchoolEDUCATIONAL | Cambridge, MA | $5K | 2022 |
| Planned ParenthoodEDUCATIONAL | Boston, MA | $2K | 2022 |
| Our Sister'S SchoolEDUCATIONAL | New Bedford, MA | $2K | 2022 |
| Communtiy Charter School Of CambridgeEDUCATIONAL | Cambridge, MA | $1K | 2022 |
| Cambridge Historical SocietyCIVIC | Cambridge, MA | $1K | 2022 |
| Fenway High School FundEDUCATIONAL | Boston, MA | $6K | 2021 |
| Becket Chimney Corners - YmcaCIVIC | Becket, MA | $4K | 2021 |
| Pioneer InstituteEDUCATIONAL | Boston, MA | $3K | 2021 |
| Planned Parenthood Of MassCIVIC | Boston, MA | $2K | 2021 |
| Cambridge Public Library FoundationCIVIC | Cambridge, MA | $2K | 2021 |
| Wgbh RadioCIVIC | Brighton, MA | $2K | 2021 |
| Hospice Of Cambridgeelizabeth Derham HospiceCIVIC | Everett, MA | $1K | 2021 |
| EmergeCIVIC | Boston, MA | $1K | 2021 |
| University Lutheran ChurchCIVIC | Cambridge, MA | $1K | 2021 |
| Urban Improvrehearsal For LifeCIVIC | Jamaica Plain, MA | $1K | 2021 |
| Community Charter School Of CambridgeEDUCATIONAL | Cambridge, MA | $1K | 2021 |
| Mt Auburn HospitalCIVIC | Cambridge, MA | $1K | 2021 |
| St Luke'S HospitalCIVIC | Cedar Rapids, IA | $1K | 2021 |
| Our Sisters' SchoolEDUCATIONAL | New Bedford, MA | $1K | 2021 |
| Yale Collection Of Musical InstrumentsCIVIC | New Haven, CT | $1K | 2021 |