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Filing year 2024

The Savings Bank Charitable Foundation

Wakefield, Massachusetts·EIN 04-3370164·NTEE T21J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$60k
Total assets
$875k
Total expenses
$81k
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. The Savings Bank Charitable Foundation reported 8 unpaid officers and board members on its 990-PF.

Past President/director
Director
Director
Director
Director
Director
Treasurer/director
Director

Grants paid

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

Total granted

$65k

Itemized grants

20

Median grant

$3k

RecipientLocationPurposeAmount
EmmausHaverhill, MAEmergency Shelter$5k
Mission of DeedsReading, MAGood for people in need, free of charge$5k
Neighbors in NeedLawrence, MAFood Pantries$5k
Wakefield Food PantryWakefield, MAProvides food to those who need it$5k
Boys & Girls Club of Stoneham & WakefieldStoneham, MAYouth programs$5k
Boys & Girls Club of LawrenceLawreance, MAYouth Programs$4k
Lazarus House MinistriesLawreance, MAFamilies in need$4k
CommunitasWakefield, MAFitness And Health Programs$3k
Bellesini AcademyLawrence, MAAcademic Programs For Children$3k
Bread & RosesLawreance, MAKitchen Serving For Hardship Families$3k
Connor's Kindness ProjectLynnfield, MAGeneral Assistance$3k
Essex Art CenterLawrence, MAGeneral assistance$3k
The Haven ProjectLynn, MAVarious Assistance$3k
Mystic Valley Elder ServicesMalden, MAElder needs$3k
Ironstone TherapyAndover, MAAssistance for cognitive impaired$3k
YWCA Northeastern MassachusettsLawrence, MAYouth programs$3k
Community Giving TreeBoxford, MABasic necessities to local communities$2k
Ladybug LovePeabody, MABlankets for homeless$2k
Lowell HouseLowell, MACounseling$2k
Massachusetts Coalition for the HomelessBoston, MAHomeless support$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$118k
$74k
2023
$60k
$81k
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

The 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 The Savings Bank Charitable Foundation

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

In 2024, The Savings Bank Charitable Foundation reported $60k in total revenue and $81k 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.