Funder DirectoryNEEDHAM BANK CHARITABLE
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Private foundation (trust)EIN 990455727Est. 2024-05

NEEDHAM BANK CHARITABLE

NEEDHAM, MA 02492

Accepts unsolicited proposals

Total Assets

$31.6M

FY 2024

Annual Giving

$835K

FY 2024

Grants Made

155

FY 2024

Avg Grant

$5K

FY 2024

Grant Range

$500–$46K

Typical

Deadlines

Your submission must be completed at l…

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2024 filing

Total Revenue

$822

Total Expenses

$1.9M

Qualifying Distributions

$841K

Distributable Amount

$1.5M

Min. Investment Return

$1.5M

Undistributed Income

$638K

Payout rate 58%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.58%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

155 grants

Grant sizes from minimum $500 through median $5K to maximum $46K, shown on a logarithmic scale.

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

Top Recipients

155 grants

OIHM INCCREATIVITY FESTIVAL ACCT
$46K
1 grant
BOY SCOUTS OF AMERICA
$40K
1 grant
ARCHDIOCESE OF BOSTON CLERGY BENEFIT FUNDING TRUST
$30K
1 grant
CAMP HARBOR VIEW
$27K
1 grant
BELLFORGE ARTS CENTER
$21K
2 grants
BOYS & GIRLS CLUBS OF BOSTON
$20K
2 grants
RIVERSIDE COMMUNITY CARE INC
$18K
2 grants
JUNIOR ACHIEVEMENT
$15K
1 grant

Grant Size Distribution

155 grants

<$10K
146
grants
$10–50K
9
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Massachusetts
$779K
93% of total
Texas
$40K
5% of total
Wisconsin
$5K
1% of total
Delaware
$4K
0% of total
South Carolina
$4K
0% of total
Maine
$3K
0% of total

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NEEDHAM BANK CHARITABLE — Grants, Financials & Contact | Grantivo