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Filing year 2024

MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC

Boston, Massachusetts·EIN 04-3325424·NTEE J00Z · Employment·501(c)(3)
Total revenue
$189k
Total assets
$2.7M
Total expenses
$319k
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC reported 8 unpaid officers and board members on its 990-PF.

President
Sr. Vp/treasurer
Clerk
Director
Director
Director
Director
Chairperson/director

Grants paid

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

Total granted

$199k

Itemized grants

69

Median grant

$2k

RecipientLocationPurposeAmount
JUST A STARTCAMBRIDGE, MAEXEMPT PURPOSE$5k
JUNIOR ACHIEVEMENT OF SOUTHERN MASSNEW BEDFORD, MAEXEMPT PURPOSE$5k
JUNIOR ACHIEVEMENT OF GREATER BOSTONBOSTON, MAEXEMPT PURPOSE$5k
HOUSING CORPORATION OF ARLINGTONARLINGTON, MAEXEMPT PURPOSE$5k
GIRL'S INCORPORATED OF TAUNTONTAUNTON, MAEXEMPT PURPOSE$5k
GILLY'S HOUSEWRENTHAM, MAEXEMPT PURPOSE$5k
MORE THAN WORDSWALTHAM, MAEXEMPT PURPOSE$5k
FINANCIAL LITERACY YOUTH INITIATIVEPROVIDENCE, RIEXEMPT PURPOSE$5k
ENTREPRENEURSHIP FOR ALL INCLOWELL, MAEXEMPT PURPOSE$5k
COMMUNITY YOUTH EMPOWERMENT OF WAREHAMWEST WAREHAM, MAEXEMPT PURPOSE$5k
CASA MYRNA VAZQUEZ INCBOSTON, MAEXEMPT PURPOSE$5k
WE CAN CORPORATIONHARWICHPORT, MAEXEMPT PURPOSE$5k
AGESPAN INCLAWRENCE, MAEXEMPT PURPOSE$5k
JUNIOR ACHIEVEMENT OF WESTERN MASSSPRINGFIELD, MAEXEMPT PURPOSE$5k
NEIGHBORWORKS HOUSING SOLUTIONSKINGSTON, MAEXEMPT PURPOSE$5k
WATCH INCWALTHAM, MAEXEMPT PURPOSE$5k
BOYS & GIRLS CLUBS OF METROWESTMARLBOROUGH, MAEXEMPT PURPOSE$5k
WOMEN'S MONEY MATTERS INCBOSTON, MAEXEMPT PURPOSE$5k
UNITED WAY OF CENTRAL MASSACHUSETTS INCWORCESTER, MAEXEMPT PURPOSE$5k
SOMERVILLE-CAMBRIDGE ELDER SERVICES INCORPORATEDSOMERVILLE, MAEXEMPT PURPOSE$5k
SOLDIER ON FOUNDATION INCPITTSFIELD, MAEXEMPT PURPOSE$5k
STUDENT FINANCIAL EDUCATION INITIATIVE INCNORTH ANDOVER, MAEXEMPT PURPOSE$5k
ACT LAWRENCE INCLAWRENCE, MAEXEMPT PURPOSE$5k
NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INCHAVERHILL, MAEXEMPT PURPOSE$5k
NORTH STAR FAMILY SERVICES INCLEOMINSTER, MAEXEMPT PURPOSE$5k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$190k
$335k
2023
$189k
$319k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Employment executives earn in Massachusetts

MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable employment organization in Massachusetts earns a median of $95,334.

25th percentile
$13k
Median
$95,334
75th percentile
$172k
90th percentile
$302k

These are employment sector-wide figures, not this organization's reported pay. Based on 151 organizations across 151 filings (2021 – 2024).

See full Employment pay data for Massachusetts →
FAQ

Common questions about MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC

What are MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC's revenue and expenses?

In 2024, MASSACHUSETTS BANKERS ASSOCIATION CHARITABLE FOUNDATION INC reported $189k in total revenue and $319k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.