Needham Bank Charitable Foundation
At a glance
Key takeaways
- The foundation's giving covers affordable housing, arts and education, community and economic development, financial literacy, and health and human services, with a special interest in organisations helping underserved populations in its assessment area.
- Only 501(c)(3) organisations operating within communities served by Needham Bank are eligible, and individuals and individual fundraising events are not funded, so check both before writing.
- Most of its 155 grants to organisations fall between $1,000 and $10,000, with a median of $4,700, so a modest request in that range is a realistic size; its largest grant was about $46,000, so that band describes typical grants rather than a limit.
- Applications go through a single process covering Needham Bank and its Charitable Foundations, and the foundation accepts applications on fixed deadlines, so submit at least 90 days before an event or before funds are needed.
- The filings show grants mainly in Massachusetts, but no geographic focus is stated, so treat that as a pattern in its giving rather than a rule about who may apply.
Overview
Needham Bank Charitable Foundation is a US private foundation based in Needham, MA.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023) and its website, with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
The foundation gives jointly with Needham Bank and the Provident Community Charitable Organization to support non-profit organisations serving their communities. Its giving focuses on affordable housing; arts and education, including school and afterschool programmes, camps, summer enrichment, youth sport and recreation; community and economic development, including small businesses, small farms and workforce development for people with low or moderate incomes; financial literacy; and health and human services. It takes a special interest in organisations helping underserved populations in its assessment area. Applicants must be 501(c)(3) organisations operating within communities served by Needham Bank.
Themes
- Affordable housing
- Arts and education
- Community and economic development
- Financial literacy
- Health and human services
Geographic Focus
No geographic focus is stated; the filings show grants mainly in Massachusetts.
What They Don't Fund
- Individuals or individual fundraising events (e.g. fundraising to run the Boston Marathon for a charitable organization)
How to apply
A single application covers funding through Needham Bank and its Charitable Foundations, which work together to provide financial support.
Deadlines: Submit at least 90 days before an event or before funds are needed.
Application success factors
- Grant size: In its TY2024 filing, half of its 155 grants to organisations were $4,700 or less.
What the foundation says:
- It takes a special interest in organisations helping underserved populations in its assessment area.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2023–2024.
Grant dollars by state
- The largest single recipient received 5% of grant dollars to organisations.
- No grants were paid directly to organisations outside the US.
- 2% of grant dollars went to intermediaries that regrant to other organisations.
Grants
How much do they typically give?
Share of 155 grants in tax year 2024 by size
Median $4,700 (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Oihm Inccreativity Festival Acct · Exempt purpose$45,8002024 tax year
- Boy Scouts of America · Exempt purpose$40,0002024 tax year
- Archdiocese of Boston Clergy Benefit Funding Trust · Exempt purpose$30,0002024 tax year
- Camp Harbor View · Exempt purpose$27,0002024 tax year
- Bellforge Arts Center · Exempt purpose$20,0002024 tax year
- Junior Achievement · Exempt purpose$15,0002024 tax year
- Ron Burton Training Village · Exempt purpose$12,5002024 tax year
- Crossroads · Exempt purpose$12,0002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Katherine Craven — Secretary / Director
- Salvatore Rinaldi — Treasurer / Director
- Joseph P Campanelli — President / Director
From the latest Form 990-PF filing
2 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2023 tax year | $0 | $0 | $24,975,680 | Filing for 2023 tax year |
| 2024 tax year | $1,877,301 | $834,860 | $31,552,636 | Filing for 2024 tax year |
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.
Sources
Registers and filings
Other sources
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Applying to Needham Bank Charitable Foundation?
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Applying to Needham Bank Charitable Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required