• Personal Banking
  • Commercial Banking
  • Investment Services
  • Tools & Resources
  • Convenience Services
  • News
  • Rates

 

About

The Savings Bank Charitable Foundation, Inc.

Click here to download the Application Guidelines.

Established in 1997, the The Savings Bank Charitable Foundation, Inc., supports non-profit organizations that serve residents of Wakefield, Lynnfield, Andover, Methuen, North Reading and surrounding cities and towns.

Since the first awards were issued in 1998, we have donated over $510,000 to more than 80 organizations.

Board of Directors
 

Denise Carbone Therese Jarmusik
Karen Conard Raichelle Kallery
Robert DiBella Joanne Reilly
Glenn Dolbeare Margaret Super Church

 

Application Information                        

To apply for a grant from the The Savings Bank Charitable Foundation, Inc., your organization must meet the following criteria:

Any organization applying to The Savings Bank Charitable Foundation, Inc., must be a Massachusetts charitable corporation. The Directors of the Foundation will focus their giving to organizations serving the residents of the Wakefield, Lynnfield, Andover, Methuen, and North Reading areas.

  • An organization must be determined to be tax-exempt under Section 501(c)(3) of the Internal Revenue Code and must have received a permanent or advance IRS Determination letter that describes the grantee as a publicly supported charity as defined in Sections 170(b)(1)(A)(6) or (A)(2). No grants are awarded to individuals.
  • The Directors of the Foundation will not consider a proposal from an organization previously funded until a full report of the expenditures of the previous grant has been submitted.
  • The Directors of the Foundation will not consider more than one application from an agency in the same calendar year.
  • No grants will be made to national organizations or "annual giving campaigns."
  • No grants will be made to state or federal agencies.
  • Grants will be made to a 501(c)(3) organization for benefit of another organization awaiting its own tax-exempt status.

Applications will be considered for program expansion, evaluation, renovations, new construction projects, capital funding, etc. for organizations whose primary focus is on projects in the following areas:

  • Homeless shelters
  • Family services
  • The poor
  • The elderly

Application Period

Our Application period is from October 1st through January 31st.
Awards are usually presented in early April.

Contact Information

For more information about The Savings Bank Charitable Foundation, Inc., please contact:
The Savings Bank Charitable Foundation, Inc.
357 Main Street
PO Box 30
Wakefield, MA 01880
(781) 224-5428
e-mail to: TSBCF@tsbawake24.com 

 

PrivacyDisclaimerAgent ConnectSite Map
The Savings Bank  357 Main Street St, Wakefield, MA, 01880    Phone: (800) 246-2009    Fax: (781) 224-5482
DIFEqual Housing LenderFDIC