Melrose Cooperative Bank Foundation
EIN 465490603Total Given 2020–2023
$450K
100 grants · $113K avg/year
based on 4 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$3K
typical micro grants · $1K–$6K
grant size
47%
supporter · 23/49 multi-year
repeat
$2.5M
Assets (2023)
49
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
Melrose Coop Foundation
Phone
(781) 587-2108
Deadlines
See attached application deadlines
How to Apply
See attached application checklist
Restrictions
See attached Eligibility requirements
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $106K | $2.7M | $1.6M | 30 |
| 2021 | $108K | $3.0M | $117K | 19 |
| 2022 | $111K | $2.3M | $91K | 22 |
| 2023 | $126K | $2.5M | $105K | 29 |
Grant Size Distribution
Based on 100 grants on record
Minimum
$500
25th Pctl
$1K
Median
$3K
Average
$5K
75th Pctl
$6K
Maximum
$16K
Geographic Distribution
Officers & Directors
MM
Mary Beth McAteer-Margolis
4+ yrs
President & Director
Leadership
DI
Diane Indorato
4+ yrs
Treasurer & Director
Leadership
JO
James Oosterman
4+ yrs
Secretary & Director
Leadership
JC
Judith Clark
Director
AW
Alan Whitney
4+ yrs
Director
FW
F Peter Waystack
4+ yrs
Director
EM
Elizabeth W McNelis
4+ yrs
Director
SA
Stephen Anderson
4+ yrs
Director
CB
Candy Brower
4+ yrs
Director
MM
Mary Beth McAteer-Margolis
4+ yrs
President & Director
Leadership
DI
Diane Indorato
4+ yrs
Treasurer & Director
Leadership
JO
James Oosterman
4+ yrs
Secretary & Director
Leadership
CB
Candy Brower
4+ yrs
Director
FG
Frank Giso III
3 yrs
Director
SA
Stephen Anderson
4+ yrs
Director
EM
Elizabeth W McNelis
4+ yrs
Director
FW
F Peter Waystack
4+ yrs
Director
AW
Alan Whitney
4+ yrs
Director
JJ
Jeffrey D Jones
3 yrs
Director
MM
Mary Beth McAteer-Margolis
4+ yrs
President & Director
Leadership
DI
Diane Indorato
4+ yrs
Treasurer & Director
Leadership
JO
James Oosterman
4+ yrs
Secretary & Director
Leadership
CB
Candy Brower
4+ yrs
Director
FG
Frank Giso III
3 yrs
Director
SA
Stephen Anderson
4+ yrs
Director
EM
Elizabeth W McNelis
4+ yrs
Director
FW
F Peter Waystack
4+ yrs
Director
AW
Alan Whitney
4+ yrs
Director
JJ
Jeffrey D Jones
3 yrs
Director
MM
Mary Beth McAteer-Margolis
4+ yrs
President & Director
Leadership
DI
Diane Indorato
4+ yrs
Treasurer & Director
Leadership
JO
James Oosterman
4+ yrs
Secretary & Director
Leadership
CB
Candy Brower
4+ yrs
Director
JJ
Jeffrey D Jones
3 yrs
Director
AW
Alan Whitney
4+ yrs
Director
FW
F Peter Waystack
4+ yrs
Director
EM
Elizabeth W McNelis
4+ yrs
Director
SA
Stephen Anderson
4+ yrs
Director
FG
Frank Giso III
3 yrs
Director
Grants Awarded (100 total)
| Purpose | ||||
|---|---|---|---|---|
| Follow Your Art Community Studios Inc | Melrose, MA | $15,500 | General OperatingSupport | 2020 |
| Mission of Deeds | Reading, MA | $15,000 | General OperatingSupport | 2023 |
| Melrose Orchestral Association | Melrose, MA | $15,000 | General OperatingSupport | 2022 |
| The Food Drive | Melrose, MA | $15,000 | General OperatingSupport | 2022 |
| Greater Boston Stage Company | Stoneham, MA | $14,500 | General OperatingSupport | 2020 |
| Greater Boston Stage Company | Stoneham, MA | $14,500 | General OperatingSupport | 2021 |
| Greater Boston Stage Company | Stoneham, MA | $13,500 | General OperatingSupport | 2023 |
| Melrose Affordable Housing Corporation | Melrose, MA | $12,000 | General OperatingSupport | 2021 |
| Mission of Deeds | Reading, MA | $12,000 | General OperatingSupport | 2021 |
| Mission of Deeds | Reading, MA | $12,000 | General OperatingSupport | 2022 |
| Mission of Deeds | Reading, MA | $10,500 | General OperatingSupport | 2020 |
| Melrose Orchestral Association | Melrose, MA | $10,000 | General OperatingSupport | 2020 |
| Melrose Orchestral Association | Melrose, MA | $10,000 | General OperatingSupport | 2021 |
| The Fitch Home | Melrose, MA | $10,000 | General OperatingSupport | 2021 |
| Melrose Orchestral Association | Melrose, MA | $10,000 | General OperatingSupport | 2023 |
| The Food Drive | Melrose, MA | $10,000 | General OperatingSupport | 2023 |
| Follow Your Art Community Studios Inc | Melrose, MA | $10,000 | General OperatingSupport | 2023 |
| Friends of the Middlesex Fells Reservation | Melrose, MA | $10,000 | General OperatingSupport | 2022 |
| Follow Your Art Community Studios Inc | Melrose, MA | $10,000 | General OperatingSupport | 2022 |
| The Food Drive | Melrose, MA | $8,500 | General OperatingSupport | 2021 |
| Bread for Life | Malden, MA | $7,500 | General OperatingSupport | 2020 |
| Follow Your Art Community Studios Inc | Melrose, MA | $7,500 | General OperatingSupport | 2021 |
| Refugee Immigration Ministry | Malden, MA | $6,000 | General OperatingSupport | 2020 |
| Housing Families Inc | Malden, MA | $6,000 | General OperatingSupport | 2023 |
| Housing Families Inc | Malden, MA | $6,000 | General OperatingSupport | 2022 |