Funder DirectoryEastern Bank Foundation
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Private foundation (trust)EIN 223317340Est. 1995-05

Eastern Bank Foundation

Lynn, MA 01901

Accepts unsolicited proposals

Total Assets

$249.7M

FY 2024

Annual Giving

$14.7M

FY 2024

Grants Made

1

FY 2024

Avg Grant

$14.7M

FY 2024

Grant Range

$14.7M–$14.7M

Typical

Deadlines

No specific submission deadlines. Plea…

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$12.7M

Total Expenses

$19.6M

Qualifying Distributions

$19.0M

Distributable Amount

$11.5M

Min. Investment Return

$11.7M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $14.7M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

Total Grants & Contributions Paid
$14.7M
1 grant
MCCI
$1M
1 grant
NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND
$1M
1 grant
THE BOSTON FOUNDATION
$638K
1 grant
CHILDREN'S SERVICES OF ROXBURY
$285K
1 grant
FATHER BILL'S & MAINSPRING
$255K
1 grant
BOTTOM LINE
$185K
1 grant
UNITED WAY OF MA BAY & MERRIMACK VALLEY
$181K
1 grant

Grant Size Distribution

500 grants

<$10K
374
grants
$10–50K
79
grants
$50–250K
41
grants
$250K–1M
5
grants
$1–5M
$5M+
1
grants

Geographic Focus

10 states

Massachusetts
$25.1M
97% of total
New Hampshire
$349K
1% of total
New York
$246K
1% of total
Rhode Island
$162K
1% of total
Texas
$10K
0% of total
Connecticut
$8K
0% of total
Iowa
$6K
0% of total
Florida
$3K
0% of total
Tennessee
$3K
0% of total
California
$3K
0% of total

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Eastern Bank Foundation — Grants, Financials & Contact | Grantivo