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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
Compare this foundation's grantees
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.