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EIN 04-3370164

The Savings Bank Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wakefield
State
Massachusetts
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Savings Bank Charitable Foundation is a corporate foundation located in Wakefield, MA that primarily funds food pantries, youth programs, supports elders and adults with disabilities, and provides basic necessities to communities in Lawrence, Lowell, Lynn, and Haverhill. Its purpose is to receive federal tax refunds. The foundation made 18 grants last year to grantees such as Boys & Girls Club of Stoneham & Wakefield and other organizations.
Total revenues
$117,892
2023
Total expenses
$73,585
2023
Total assets
$895,406
2023
Num. employees
0
2023

Program areas at The Savings Bank Charitable Foundation

Federal tax refund

Grants made by The Savings Bank Charitable Foundation

GranteeGrant descriptionAmount
Mission of Deeds, Inc.New Beds, Used Home Goods for People in Need, Free of Charge$5,000
Wakefield Food PantryFood Pantries$5,000
Neighbors in NeedFood Pantries$5,000
...and 12 more grants made

Personnel at The Savings Bank Charitable Foundation

NameTitleCompensation
Denise CarboneVice President and Treasurer and Director$0

Financials for The Savings Bank Charitable Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$36,000
Investment income and dividends$29,288
Net rental income$0
Net gain from sale of non-inventory assets$52,604
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$117,892

Form 990s for The Savings Bank Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990PFView PDF
2022-122023-05-09990PFView PDF
2021-122022-04-26990PFView PDF
2020-122021-06-23990PFView PDF
2019-122020-09-22990PRView PDF
...and 8 more Form 990s

Organizations like The Savings Bank Charitable Foundation

OrganizationLocationRevenue
Wann Family FoundationSyosset, NY$31,529
Peoplesbank Charitable FoundationHolyoke, MA$419,326
RSC FoundationBoston, MA$469,952
Bennett Thrasher FoundationAtlanta, GA$409,805
The Spira Family FoundationJenkintown, PA$93,186
Thomas B Dameron JR FoundationRaleigh, NC$223,910
Amd FoundationAustin, TX$150,000
Lucas Kaempfer FoundationMclean, VA$514,833
Guttenplan Family FoundationMiddletown, NJ$479,603
Shiraz and Leili Wildlife FoundationWilmington, DE$208,807
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 22, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 1, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 28, 2021
Used new vendors
Identified 1 new vendor, including
August 18, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Hunger
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
357 Main St PO Box 30
Wakefield, MA 01880
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Phone
(781) 246-0400
IRS details
EIN
04-3370164
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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