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Greenfield Savings Bank Foundation Inc. is a private corporation based in GREENFIELD, MA. The foundation received its IRS ruling in 2019. The principal officer is Donald J Lafontaine Jr. It holds total assets of $2.1M. Annual income is reported at $608K. Total assets have grown from $578K in 2019 to $2.1M in 2024. The foundation is governed by 7 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 2021 to 2024. Grantmaking is concentrated in Massachusetts. According to available records, Greenfield Savings Bank Foundation Inc. has made 23 grants totaling $274K, with a median grant of $10K. Annual giving has decreased from $249K in 2023 to $25K in 2024. Individual grants have ranged from $1K to $25K, with an average award of $12K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$20K
Average Grant
$17K
Largest Grant
$25K
Based on 3 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.
Greenfield Savings Bank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in MA.
Greenfield Savings Bank Foundation Inc. has distributed a total of $274K across 23 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $1K to $25K.
Greenfield Savings Bank Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is SEE APPLICATION FOR VARIOUS DEADLINES. Not applicable.
Greenfield Savings Bank Foundation Inc. is headquartered in GREENFIELD, MA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas J Meshako | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Elizabeth Sillin | DIRECTOR (AS OF 1/18/23) | $0 | $0 | N/A |
| David Singer | DIRECTOR | $0 | $0 | N/A |
| Kenneth Kahn | DIRECTOR | $0 | $0 | N/A |
| Stephen Hamlin | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Denise Coyne | DIRECTOR | $0 | $0 | N/A |
| Lori Grover | CLERK/DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.1M
Fair Market Value
N/A
Net Worth
$2.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
23
Total Giving
$274K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mt Grace Land TrustEXEMPT PURPOSE | Athol, MA | $25K | 2024 |
| Thomas H Suchanek Educational And Athletic Fund IncEXEMPT PURPOSE | Greenfield, MA | $25K | 2023 |
| Franklin County YmcaEXEMPT PURPOSE | Greenfield, MA | $25K | 2023 |
| Cancer ConnectionEXEMPT PURPOSE | Northampton, MA | $15K | 2023 |
| NelcwitEXEMPT PURPOSE | Greenfield, MA | $10K | 2023 |
| Greenfield Education FoundationEXEMPT PURPOSE | Greenfield, MA | $10K | 2023 |
| Amherst Survival CenterEXEMPT PURPOSE | North Amherst, MA | $5K | 2023 |
| Franklin County Community MealsEXEMPT PURPOSE | Greenfield, MA | $5K | 2023 |
| Community Legal AidEXEMPT PURPOSE | Worcester, MA | $3K | 2023 |
| Rachel'S TableEXEMPT PURPOSE | Springfield, MA | $1K | 2023 |
| Craig'S DoorsEXEMPT PURPOSE | Amherst, MA | $1K | 2023 |