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Filing year 2024

The Bay State Federal Savings Charitable Foundation

Sagamore Beach, Massachusetts·EIN 04-3415547·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.6M
Total assets
$16.3M
Total expenses
$835k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

President/director
Board President
75th to 90th percentile
$94k
$102k
Treasurer/director
Unclassified
$30k
$32k
Secretary/director
Unclassified
$16k
$17k
Asst. Treasurer/director
Unclassified
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Bay State Federal Savings Charitable Foundation equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
11%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$484k

Itemized grants

144

Median grant

$3k

RecipientLocationPurposeAmount
Archdiocese for the Military ServicesWashington, DCGeneral Operating Support$10k
Catholic Memorial SchoolWest Roxbury, MAGeneral Operating Support$10k
Sacred Heart Parish aka Divine Mercy ParishQuincy, MAGeneral Operating Support$10k
Saint John's SeminaryBrighton, MAGeneral Operating Support$10k
St Finbarr Catholic ChurchNaples, FLGeneral Operating Support$10k
Interfaith Social ServicesQuincy, MAGeneral Operating Support$8k
American Cancer SocietyAtlanta, GAGeneral Operating Support$8k
Little People's School IncWest Newton, MAGeneral Operating Support$8k
Society of St Vincent de Paul - NaplesNaples, FLGeneral Operating Support$6k
New England Center for ChildrenSouthborough, MAGeneral Operating Support$6k
American Red CrossWashington, DCGeneral Operating Support$5k
Brookline Center for Community Mental HealthBrookline, MAGeneral Operating Support$5k
Brookline Food PantryBrookline, MAGeneral Operating Support$5k
Brookline Multi Service Senior Center CorpBrookline, MAGeneral Operating Support$5k
Bryant UniversitySmithfield, RIGeneral Operating Support$5k
Caritas CommunitiesBraintree, MAGeneral Operating Support$5k
Catholic Relief ServicesBaltimore, MDGeneral Operating Support$5k
Dedham Food PantryDedham, MAGeneral Operating Support$5k
Dove IncQuincy, MAGeneral Operating Support$5k
Ecumenical Community Food Pantry of NorwoodNorwood, MAGeneral Operating Support$5k
Father Bill's & MainspringBrockton, MAGeneral Operating Support$5k
Franciscan Missionary Sisters for AfricaBrighton, MAGeneral Operating Support$5k
Greater Boston Food BankBoston, MAGeneral Operating Support$5k
Habitat for Humanity - Greater BostonBoston, MAGeneral Operating Support$5k
Home for Little WanderersBoston, MAGeneral Operating Support$5k
Compare this foundation's grantees

Up 11%
from 2023

From $85k in 2023 to $94k in 2024.

$85k
2023
$94k
2024
In today's dollarsEst.
Up 7% in real terms$95k to $102k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 11% from 2023 to 2024, while revenue rose 402%.

$85k in 2023 to $94k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The Bay State Federal Savings Charitable Foundation

What does the Board President of The Bay State Federal Savings Charitable Foundation earn?

In 2024, the Board President of The Bay State Federal Savings Charitable Foundation received $94,000 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at The Bay State Federal Savings Charitable Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Board President at The Bay State Federal Savings Charitable Foundation falls between the 75th and 90th percentiles. In 2024, the highest total compensation at The Bay State Federal Savings Charitable Foundation equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Bay State Federal Savings Charitable Foundation's revenue and expenses?

In 2024, The Bay State Federal Savings Charitable Foundation reported $3.6M in total revenue and $835k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.