Eastern Bank Foundation

• Eastern Bank Foundation is based in Wakefield, Massachusetts, and funds organisations across Eastern Massachusetts, Southern New Hampshire and Rhode Island working on economic inclusion and mobility, including the small business ecosystem, early childhood development, safe and affordable housing, workforce development, and innovation in economic inclusion and mobility.
• Most grants are modest: about eight in ten fall between $200 and $10,000, and half of all grants are $2,000 or less, so a request in that range is realistic for Community Donations ($1,000–$10,000) or Neighborhood Donations ($100–$1,000, for organisations without 501(c)(3) status); Impact Grants are larger, running from $50,000 to $150,000, and start with an online Letter of Inquiry submitted at any time, with an invitation to apply only if the work fits the Foundation's funding priorities.
• Donations can support events, programmes, equipment or supplies, and applications are accepted on a rolling basis rather than to a fixed deadline.
• A little over half of grant dollars go to organisations the Foundation has funded before, suggesting some relationship-building may help, though the figures show new recipients are funded too.
• Private foundations, organisations with an IRS sub-designation as a 509(a)(3), and international organisations should not apply, as these are explicitly excluded.

The largest grants to organisations in the foundation’s latest filing:

• City of Lynn · Exempt purpose
  $2,002,5002025 tax year
• Massachusetts Housing Partnership · Exempt purpose
  $1,538,0002025 tax year
• La Colaborativa · Exempt purpose
  $1,005,0002025 tax year
• Nectar Community Investments · Exempt purpose
  $900,0002025 tax year
• Greater Boston Food Bank · Exempt purpose
  $515,0002025 tax year
• Builder Coalition · Exempt purpose
  $301,9302025 tax year
• Boston Foundation - Asian Community Fund · Exempt purpose
  $268,2502025 tax year
• University of Massachusetts Lowell · Exempt purpose
  $250,0002025 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.