Funder DirectoryThe Savings Bank Charitable Foundation
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Private foundation (trust)EIN 043370164Est. 1997-09

The Savings Bank Charitable Foundation

Wakefield, MA 01880

Accepts unsolicited proposals

Total Assets

$1.4M

FY 2024

Annual Giving

$65K

FY 2024

Grants Made

20

FY 2024

Avg Grant

$3K

FY 2024

Grant Range

$500–$5K

Typical

Deadlines

See applications for various deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2024 filing

Total Revenue

$60K

Total Expenses

$81K

Qualifying Distributions

$69K

Distributable Amount

$65K

Min. Investment Return

$65K

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

20 grants

Grant sizes from minimum $500 through median $3K to maximum $5K, 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

6 years

Giving over time from 2018 to 2024. Peak $66K in 2022. Hover bars for details.

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

Top Recipients

101 grants

Neighbors in Need
$29K
6 grants
Boys & Girls Club of Stoneham & Wakefield
$26K
6 grants
Wakefield Food Pantry
$25K
4 grants
Mission of Deeds
$22K
5 grants
Emmaus
$18K
4 grants
Essex Art Center
$17K
6 grants
Massachusetts Coalition for the Homeless
$16K
6 grants
Boys & Girls Club of Lawrence
$16K
4 grants

Grant Size Distribution

101 grants

<$10K
101
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Massachusetts
$332K
100% of total

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The Savings Bank Charitable Foundation — Grants, Financials & Contact | Grantivo