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Also known as: CHARITABLE FOUNDATION INC
Massachusetts Bankers Association Charitable Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 1997. The principal officer is % Francesca Bertolino. It holds total assets of $2.7M. Annual income is reported at $479K. The foundation operates in the area of human services. According to available records, Massachusetts Bankers Association Charitable Foundation Inc. has made 241 grants totaling $760K, with a median grant of $2K. Annual giving has grown from $195K in 2020 to $389K in 2022. Individual grants have ranged from $100 to $31K, with an average award of $3K. The foundation has supported 178 unique organizations. The foundation primarily supports organizations in Massachusetts, District of Columbia, Montana, which account for 98% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Massachusetts Bankers Association Charitable Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 241 grants. Its grantmaking reaches organizations primarily in MA, DC, MT.
Massachusetts Bankers Association Charitable Foundation Inc. has distributed a total of $760K across 241 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $100 to $31K.
Massachusetts Bankers Association Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Massachusetts Bankers Association Charitable Foundation Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathleen Murphy | PRESIDENT | $0 | $0 | $0 |
| Kevin M Tierney Sr | DIRECTOR | $0 | $0 | $0 |
| William J Tsoules | SR. VP/TREASURER | $0 | $0 | $0 |
| Robert Frazer | CHAIRPERSON/DIRECTOR | $0 | $0 | $0 |
| Dennis Sheehan | DIRECTOR | $0 | $0 | $0 |
Total Giving
$335K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.4M
Grants Paid
$211K
Contributions
$3K
Net Investment Income
$119K
Distribution Amount
$123K
Total: $2.3M
Total Grants
241
Total Giving
$760K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
178
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mba ScholarshipEXEMPT PURPOSE | Boston, MA | $31K | 2022 |
| The Christian CenterEXEMPT PURPOSE | Pittsfield, MA | $5K | 2022 |
| Boys & Girls Club Of The BerkshiresEXEMPT PURPOSE | Pittsfield, MA | $5K | 2022 |
| Berkshire Food ProjectEXEMPT PURPOSE | North Adam, MA | $5K | 2022 |
| The Care CenterEXEMPT PURPOSE | Holyoke, MA | $5K | 2022 |
| Lisa R Murray |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| James M Dunphy | DIRECTOR | $0 | $0 | $0 |
| Brad Papalardo | CLERK | $0 | $0 | $0 |
| Martin Luther King Jr Family Services IncEXEMPT PURPOSE |
| Springfield, MA |
| $5K |
| 2022 |
| Children'S Advocacy Center Of Franklin County & North QuabbinEXEMPT PURPOSE | Greenfield, MA | $5K | 2022 |
| Worcester Community Action Council IncEXEMPT PURPOSE | Worcester, MA | $5K | 2022 |
| Our Bright Future IncEXEMPT PURPOSE | Southbridge, MA | $5K | 2022 |
| ArtsworcesterEXEMPT PURPOSE | Worcester, MA | $5K | 2022 |
| United Way Of Greater New Bedford - Hunger CommissionEXEMPT PURPOSE | New Bedford, MA | $5K | 2022 |
| Old Colony Habitat For HumanityEXEMPT PURPOSE | Attleboro, MA | $5K | 2022 |
| Boys & Girls Clubs Of Metro SouthEXEMPT PURPOSE | Taunton, MA | $5K | 2022 |
| The Charity Guild IncEXEMPT PURPOSE | Brockton, MA | $5K | 2022 |
| Massasoit Community College Foundation IncEXEMPT PURPOSE | Brockton, MA | $5K | 2022 |
| Circle Of Hope IncEXEMPT PURPOSE | Needham, MA | $5K | 2022 |
| Ywca Northeastern MassachusettsEXEMPT PURPOSE | Haverhill, MA | $5K | 2022 |
| Utec (United Teen Equality Center)EXEMPT PURPOSE | Peabody, MA | $5K | 2022 |
| No Child Goes Hungry In PeabodyEXEMPT PURPOSE | Peabody, MA | $5K | 2022 |
| The Carroll Center For The BlindEXEMPT PURPOSE | Newton, MA | $5K | 2022 |
| Dignity MattersEXEMPT PURPOSE | Framingham, MA | $5K | 2022 |
| A Place To Turn - An Emergency Food PantryEXEMPT PURPOSE | Natick, MA | $5K | 2022 |
| Fenway Community Health Center IncEXEMPT PURPOSE | Boston, MA | $5K | 2022 |
| Boston Health Care For The Homeless ProgramEXEMPT PURPOSE | Boston, MA | $5K | 2022 |
| Art Resource Collaborative For Kids (Arckboston)EXEMPT PURPOSE | Boston, MA | $5K | 2022 |
| Valuing Our ChildrenEXEMPT PURPOSE | Athol, MA | $2K | 2022 |
| Inner City WeightliftingEXEMPT PURPOSE | Boston, MA | $2K | 2022 |
| Up Education NetworkEXEMPT PURPOSE | Boston, MA | $2K | 2022 |
| Housing FamiliesEXEMPT PURPOSE | Malden, MA | $2K | 2022 |
| Lawrence CommunityworksEXEMPT PURPOSE | Lawrence, MA | $2K | 2022 |
| Merrimack Valley Housing PartnershipEXEMPT PURPOSE | Lowell, MA | $2K | 2022 |
| Minuteman Arc For Human ServicesEXEMPT PURPOSE | Concord, MA | $2K | 2022 |
| The Second StepEXEMPT PURPOSE | Newtonville, MA | $2K | 2022 |
| Boys And Girls Club Of Greater LowellEXEMPT PURPOSE | Lowell, MA | $2K | 2022 |
| Our Neighbors Table IncEXEMPT PURPOSE | Amesbury, MA | $2K | 2022 |
| Seniorcare IncEXEMPT PURPOSE | Gloucester, MA | $2K | 2022 |
| The Open DoorEXEMPT PURPOSE | Gloucester, MA | $2K | 2022 |
| Plymouth Area Coalition For The HomelessEXEMPT PURPOSE | Kingston, MA | $2K | 2022 |
| Project SmileEXEMPT PURPOSE | Hopedale, MA | $2K | 2022 |
| West Side Benevolent Circle IncEXEMPT PURPOSE | Mansfield, MA | $2K | 2022 |
| Fair Project IncEXEMPT PURPOSE | Yarmouth Port, MA | $2K | 2022 |
| Falmouth Housing TrustEXEMPT PURPOSE | Falmouth, MA | $2K | 2022 |
| Homeless Prevention CouncilEXEMPT PURPOSE | Orleans, MA | $2K | 2022 |
| Nantucket Resource PartnershipEXEMPT PURPOSE | Nantucket, MA | $2K | 2022 |
| Ginny'S Helping Hand IncEXEMPT PURPOSE | Leominster, MA | $2K | 2022 |
| Newvue Communities IncEXEMPT PURPOSE | Fitchburg, MA | $2K | 2022 |
| Second Chance Animal ServicesEXEMPT PURPOSE | East Brookfield, MA | $2K | 2022 |
| Healing Racism Institute IncEXEMPT PURPOSE | Springfield, MA | $2K | 2022 |
| Hispanic-American Institute IncEXEMPT PURPOSE | Springfield, MA | $2K | 2022 |
| Revitalize Community Development CorporationEXEMPT PURPOSE | Springfield, MA | $2K | 2022 |
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