Funder DirectoryMelrose Cooperative Bank Foundation
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Private foundation (trust)EIN 465490603Est. 2016-09

Melrose Cooperative Bank Foundation

Melrose, MA 02176

Accepts unsolicited proposals

Total Assets

$2.5M

FY 2023

Annual Giving

$126K

FY 2023

Grants Made

29

FY 2023

Avg Grant

$4K

FY 2023

Grant Range

$1K–$15K

Typical

Deadlines

See attached application deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$105K

Total Expenses

$133K

Qualifying Distributions

$130K

Distributable Amount

$115K

Min. Investment Return

$116K

Undistributed Income

$109K

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.

Grant Range

29 grants

Grant sizes from minimum $1K through median $3K to maximum $15K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $126K in 2023. Hover bars for details.

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

Top Recipients

100 grants

Mission of Deeds
$50K
4 grants
Melrose Orchestral Association
$45K
4 grants
Greater Boston Stage Company
$45K
4 grants
Follow Your Art Community Studios Inc
$43K
4 grants
The Food Drive
$34K
3 grants
Polymnia Choral Society
$20K
4 grants
Mystic Valley Elder Services
$20K
4 grants
Friends of the Middlesex Fells Reservation
$18K
3 grants

Grant Size Distribution

100 grants

<$10K
89
grants
$10–50K
11
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Massachusetts
$450K
100% of total
New York
$500
0% of total
Connecticut
$500
0% of total

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Melrose Cooperative Bank Foundation — Grants, Financials & Contact | Grantivo