Eastern Bank Foundation Fka
EIN 223317340Total Given 2020–2024
$81.0M
5,618 grants · $16.2M avg/year
based on 5 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$2K
typical micro grants · $500–$6K
grant size
36%
supporter · 1,278/3,566 multi-year
repeat
$249.7M
Assets (2024)
3,566
Distinct Recipients
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
NANCY STAGER PRESIDENT CEO
Phone
(781) 598-7888
Deadlines
CERTAIN GRANT CATEGORIES MAY REQUIRE SUBMISSION DEADLINES.
How to Apply
COMPLETE ON-LINE APPLICATION ONLY
Restrictions
GENERALLY LIMITED TO 501(C)(3) ORGANIZATIONS WITHIN THE EASTERN MASSACHUSETTS AREA, SOUTHERN NEW HAMPSHIRE, AND RHODE ISLAND.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $21.6M | $252.0M | $106.3M | 1724 |
| 2021 | $15.7M | $286.6M | $18.4M | 1277 |
| 2022 | $14.4M | $232.1M | $23.0M | 1217 |
| 2023 | $14.7M | $224.9M | $13.8M | 1399 |
| 2024 | $14.7M | $249.7M | $12.7M | 1 |
Grant Size Distribution
Based on 5618 grants on record
Minimum
$15
25th Pctl
$500
Median
$2K
Average
$14K
75th Pctl
$6K
Maximum
$14.7M
Geographic Distribution
Texas Counties Served
0.5% of US grants
· Rank #7 of 43 states
$48K across
29 grants
4 of 254 counties
Top 4 counties
- 1 Travis
- 2 Harris
- 3 Dallas
- 4 Smith
Officers & Directors
Grants Awarded (5,618 total)
| Purpose | ||||
|---|---|---|---|---|
| Total Grants & Contributions Paid | Lynn, MA | $14,699,750 | EXEMPT PURPOSE | 2024 |
| Foundation for Business Equity | Boston, MA | $2,547,000 | EXEMPT PURPOSE | 2020 |
| The Boston Foundation | Boston, MA | $1,600,000 | EXEMPT PURPOSE | 2022 |
| Foundation for Business Equity | Boston, MA | $1,345,025 | EXEMPT PURPOSE | 2021 |
| Essex County Community Foundation | Danvers, MA | $1,015,050 | EXEMPT PURPOSE | 2021 |
| New Commonwealth Racial Equity and Social Justice Fund | Boston, MA | $1,000,000 | EXEMPT PURPOSE | 2020 |
| New Commonwealth Racial Equity and Social Justice Fund | Boston, MA | $1,000,000 | EXEMPT PURPOSE | 2021 |
| McCi | Lawrence, MA | $1,000,000 | EXEMPT PURPOSE | 2023 |
| New Commonwealth Racial Equity and Social Justice Fund | Roxbury, MA | $1,000,000 | EXEMPT PURPOSE | 2023 |
| New Commonwealth Fund | Roxbury, MA | $1,000,000 | EXEMPT PURPOSE | 2023 |
| Foundation for Business Equity | Lawrence, MA | $1,000,000 | EXEMPT PURPOSE | 2022 |
| The Boston Foundation | Boston, MA | $960,000 | EXEMPT PURPOSE | 2021 |
| The Boston Foundation | Boston, MA | $637,500 | EXEMPT PURPOSE | 2023 |
| The Boston Foundation | Boston, MA | $620,000 | EXEMPT PURPOSE | 2020 |
| La Colaborativa | Chelsea, MA | $575,000 | EXEMPT PURPOSE | 2021 |
| Family Independence Initiative | Jamaica Plain, MA | $500,000 | EXEMPT PURPOSE | 2020 |
| New Profit | Boston, MA | $500,000 | EXEMPT PURPOSE | 2021 |
| Asian Community Fund Thru Tbf | Boston, MA | $500,000 | EXEMPT PURPOSE | 2023 |
| United Way of Ma Bay & Merrimack Valley | Boston, MA | $465,000 | EXEMPT PURPOSE | 2020 |
| Greater Boston Chamber of Commerce Foundation | Boston, MA | $353,000 | EXEMPT PURPOSE | 2022 |
| Children'S Services of Roxbury | Roxbury, MA | $325,000 | EXEMPT PURPOSE | 2023 |
| The Boston Basics | Boston, MA | $300,000 | EXEMPT PURPOSE | 2020 |
| Massachusetts Institute for a New Commonwealth (Massinc) | Boston, MA | $300,000 | EXEMPT PURPOSE | 2021 |
| Children'S Services of Roxbury | Roxbury, MA | $285,000 | EXEMPT PURPOSE | 2023 |
| Inquilinos Boricuas En Accion Inc | Boston, MA | $260,000 | EXEMPT PURPOSE | 2022 |