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Impact Grants is a grant from Eastern Bank Foundation that funds organizations advancing economic inclusion and mobility for low- to moderate-income individuals and families in Massachusetts and surrounding New England states. The program supports initiatives in small business development, early childhood education, affordable housing, and workforce development.
Eligible applicants are 501(c)(3) nonprofits; private foundations, 509(a)(3) supporting organizations, and international organizations are not eligible. Grant awards range from $50,000 to $100,000. Applications are accepted on a rolling basis and decisions are typically made within 60 days of submission.
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Apply for a Grant | Eastern Bank HarborOne First Time Login Total Wealth Portal (Wealth Management Access) Credit Card Online Access Eastern Treasury & Eastern Business Banking Credit Card Online Access Digital Banking for Business Commercial Cash Order Access Building Stronger Communities Together We believe that those closest to an issue often have the best solutions to long-standing challenges that can help our communities thrive.
We strive to support that change with our philanthropy, and we invite applicants working on community solutions to submit donation requests at any time. Decisions are made on a rolling basis. You can generally expect a decision from us within 60 days of a submitted application.
The Eastern Bank Foundation funds organizations of all sizes. View our list of grant recipients . Private Foundations, organizations with IRS sub-designation as a 509(a)(3), and international organizations are not eligible for donations or grants from the Eastern Bank Foundation.
What Kinds of Donations Does Eastern Bank Foundation Offer? With our Community Donations we support organizations that have a 501(c)(3) designation from the IRS. These donations are used for many purposes including galas, golf tournaments, and other events, as well as program support for new and existing programs, purchase of equipment or supplies, etc. Donations generally range from $1,000 to $10,000.
Our Neighborhood Donations are focused on organizations that do not have a 501(c)(3) designation. Donations can be used for program support and/or event sponsorship. Donations generally range from $100 to $1,000.
Community Investment Tax Credit (CITC) Donations We also are proud to support registered Community Development Corporations (CDC) organizations which hold a 501(c)(3) IRS designation and are eligible for Community Investment Tax Credit program (CITC) in Massachusetts. Please note that the timing of these donations is subject to approval of grant funds from the state of origin.
Our Impact Grants support organizations that are advancing economic inclusion and mobility in one or more of our five strategy areas: • Advancing equity in the small business ecosystem • Enriching early childhood development (age 0-5) • Securing safe and affordable housing • Promoting workforce development for adults facing barriers to employment (age 26+) • Innovating in economic inclusion and mobility Impact Grants can be multi-year, and generally range from $50,000 to $150,000.
We use a two-step process for consideration. Learn more about Impact Grants and how we invest in our communities. STEP 1: Submit a Letter of Inquiry.
A Letter of Inquiry can be submitted online at any time and, if determined to be in line with our funding priorities, your organization may be invited to complete an application. STEP 2: Complete an application. Requests for Impact Grants usually require discussion and generally take 90 days (and sometimes longer) for a decision, depending on the scope of the proposal.
View our Application Guide to assist with the application process. Click here to return to the Eastern Bank Foundation homepage Did you find what you were looking for on this webpage? Do you have anything else to tell us?
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Based on current listing details, eligibility includes: Organizations supporting economic inclusion and mobility for LMI individuals and families, with a focus on small businesses, early childhood development, affordable housing, and workforce development in Massachusetts, N… Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $50,000 to $100,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.