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Filing year 2024

Colonial Federal Savings Bank Charitable Foundation

Quincy, Massachusetts·EIN 87-4406794·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$273
Total assets
$947k
Total expenses
$62k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. Colonial Federal Savings Bank Charitable Foundation reported 3 unpaid officers and board members on its 990-PF.

President/director
Treasurer/director
Secretary/director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$57k

Itemized grants

1

Median grant

$57k

RecipientLocationPurposeAmount
Toal Contributions PaidQuincy, MAExemt Purpose$57k
Financial trend

Revenue and expenses over time

Colonial Federal Savings Bank Charitable Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$478
$61k
2023
$273
$62k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

Colonial Federal Savings Bank Charitable Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about Colonial Federal Savings Bank Charitable Foundation

What are Colonial Federal Savings Bank Charitable Foundation's revenue and expenses?

In 2024, Colonial Federal Savings Bank Charitable Foundation reported $273 in total revenue and $62k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.