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Filing year 2024

NEEDHAM BANK CHARITABLE FOUNDATION INC

Needham, Massachusetts·EIN 99-0455727·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$822
Total assets
$31.6M
Total expenses
$1.9M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. NEEDHAM BANK CHARITABLE FOUNDATION INC 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

$835k

Itemized grants

155

Median grant

$5k

RecipientLocationPurposeAmount
OIHM INCCREATIVITY FESTIVAL ACCTBOSTON, MAEXEMPT PURPOSE$46k
BOY SCOUTS OF AMERICAIRVING, TXEXEMPT PURPOSE$40k
ARCHDIOCESE OF BOSTON CLERGY BENEFIT FUNDING TRUSTBRAINTREE, MAEXEMPT PURPOSE$30k
CAMP HARBOR VIEWBOSTON, MAEXEMPT PURPOSE$27k
BELLFORGE ARTS CENTERMEDFORD, MAEXEMPT PURPOSE$20k
JUNIOR ACHIEVEMENTBOSTON, MAEXEMPT PURPOSE$15k
RON BURTON TRAINING VILLAGE INCBOSTON, MAEXEMPT PURPOSE$13k
CROSSROADSBOSTON, MAEXEMPT PURPOSE$12k
GHPF INCBOSTON, MAEXEMPT PURPOSE$12k
MASSACHUSETTS AFFORDABLEDORCHESTER CENTER, MAEXEMPT PURPOSE$10k
BREAKTIME UNITED INCBOSTON, MAEXEMPT PURPOSE$10k
COMMUNITY FOUNDATION FOR METROWESTNATICK, MAEXEMPT PURPOSE$10k
BOYS & GIRLS CLUBS OF BOSTONBOSTON, MAEXEMPT PURPOSE$10k
BOYS & GIRLS CLUBS OF BOSTONBOSTON, MAEXEMPT PURPOSE$10k
OUT METROWESTFRAMINGHAM, MAEXEMPT PURPOSE$10k
LGBTQ SENIOR HOUSING INCBOSTON, MAEXEMPT PURPOSE$10k
CHARLES RIVER YMCANEWTON, MAEXEMPT PURPOSE$10k
RIPPLES OF HOPEBOSTON, MAEXEMPT PURPOSE$10k
TUFTS MEDICAL CENTERBOSTON, MAEXEMPT PURPOSE$10k
BUILDBOSTON, MAEXEMPT PURPOSE$10k
RIVERSIDE COMMUNITY CARE INCBOSTON, MAEXEMPT PURPOSE$10k
TEAM IMPACTBOSTON, MAEXEMPT PURPOSE$10k
BOYS & GIRLS CLUB OF DORCHESTERDORCHESTER, MAEXEMPT PURPOSE$10k
MASSACHUSETTS WONDERFUND INCBOSTON, MAEXEMPT PURPOSE$10k
ACE MENTOR OF GREATER BOSTONBOSTON, MAEXEMPT PURPOSE$10k
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Financial trend

Revenue and expenses over time

NEEDHAM BANK CHARITABLE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.1M
2023
$822
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

NEEDHAM BANK CHARITABLE FOUNDATION INC 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 NEEDHAM BANK CHARITABLE FOUNDATION INC

What are NEEDHAM BANK CHARITABLE FOUNDATION INC's revenue and expenses?

In 2024, NEEDHAM BANK CHARITABLE FOUNDATION INC reported $822 in total revenue and $1.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.