Private Foundation · MA · Private Independent Foundations
Bay State Savings Charitable Foundation Inc
Worcester, MA · EIN 800038576 · Website ↗ · 990s on ProPublica ↗
Assets
$129K
Total Giving
$62K
Grants on File
37
Average Grant
$2K
Giving Radius
Where Bay State Savings Charitable Foundation Inc Has Given
Section I
How to Apply
Applications, guidelines, and submission procedures are available on the Bay State Savings Bank website at https://www.baystatesavingsbank.com/about-us/community-involvement/bss-charitable-foundation/ Applicants will be asked to provide: - The purpose of the grant - The organization's mission statement - The organization's total annual budget - The project's budget for which funding is being requested Applicants will also be asked to write a narrative statement that includes: - The need(s) to be addressed by the project - The target population - The goals, objectives, and timetable of the project - A list of any collaborators - Future plans for sustaining the project Applicants may also be asked to enclose with their proposals copies of their financial statements, tax returns, IRS exemption letters, annual reports, and board lists.
On Unsolicited Proposals yes
Restrictions
The Bay State Savings Charitable Foundation provides support only to non-for-profit, tax-exempt organizations as defined by Section 501(c)(3) of the Internal Revenue Service Code. Funding requests ranging in size from $1,000 to $2,000 will be considered. The Foundation discourages repeat requests for funding of the same programs/projects as well as requests submitted in consecutive years by the same organization. The Foundation is open to receiving requests from the same organization as long as there is a lapse of one year in approval. The Foundation will not support: individuals; political organizations or candidates; religious institutions; fraternal organizations; employment unions; or fully tax supported entities (schools, libraries, etc.).
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Worcester, MA | $1K | 2020 |
| Worcester, MA | $750 | 2020 |
| Eagan, MN | $2K | 2020 |
| Northbridge, MA | $2K | 2020 |
| Worcester, MA | $1K | 2020 |
| Leicester, MA | $2K | 2020 |
| Worcester, MA | $1K | 2020 |
| Worcester, MA | $2K | 2020 |
| Worcester, MA | $2K | 2020 |
| Worcester, MA | $2K | 2020 |
| Worcester, MA | $1K | 2020 |
| Worcester, MA | $2K | 2021 |
| Worcester, MA | $2K | 2021 |
| Worcester, MA | $2K | 2021 |
| Worcester, MA | $2K | 2021 |
| Worcester, MA | $2K | 2021 |
| Worcester, MA | $2K | 2021 |
| Auburn, MA | $2K | 2021 |
| Framingham, MA | $1K | 2021 |
| Holden, MA | $1K | 2022 |
| Worcester, MA | $2K | 2022 |
| Worcester, MA | $2K | 2022 |
| Rutland, MA | $2K | 2022 |
| Worcester, MA | $2K | 2022 |
| Northbridge, MA | $2K | 2022 |
Page 1 of 2 · 37 total
Section V
Board of Directors
- Jay Z Aframe Director
- John E Graham Director
- George F Sullivan Jr Director
- Peter B Alden President
- Cheri E Carty Treasurer
- Diane Giampa Clerk
- Jay Z Aframe Director
- John E Graham Director
- George F Sullivan Jr Director
- Peter B Alden President (end 8/2023)
- Seth A Pitts President (start 9/2023)
- Cheri E Carty Treasurer
- Diane Giampa Clerk
- Jay Z Aframe Director
- John E Graham Director
- George F Sullivan Jr Director
- Peter B Alden President
- Cheri E Carty Treasurer
- Diane Giampa Clerk
- Jay Z Aframe Director
- John E Graham Director
- George F Sullivan Jr Director
- Peter B Alden President
- Cheri E Carty Treasurer
- Diane Giampa Clerk
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $127K | $5K | $32K | $15K |
| 2022 | $109K | $4K | $31K | $19K |
| 2021 | $97K | $4K | $31K | $16K |
| 2020 | $82K | $3K | $31K | $17K |
| 2019 | $68K | $4K | $11K | $22K |
| 2015 | $93K | $5K | $41K | $28K |
| 2014 | $80K | $5K | $367 | $29K |
| 2013 | $109K | $6K | $495 | $18K |
| 2012 | $127K | $7K | $902 | $26K |
| 2011 | $151K | $8K | $1K | $27K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.