Private Foundation · MA
Mutual One Charitable Foundation
Framingham, MA · EIN 311595107 · Website ↗ · 990s on ProPublica ↗
Assets
$9.1M
Total Giving
$1.8M
Grants on File
277
Average Grant
$6K
Giving Radius
Where Mutual One Charitable Foundation Has Given
Section I
How to Apply
Applications for grants from the organization are available at the following website: https://www.mutualone.com/wp-content/uploads/2016/11/Foundation-Grant-Application.pdf To apply for funding, applicants must submit: - A cover letter signed by the organization's Executive Director or Board President - A copy of a brief proposal - A summary sheet Proposals must include the following information, keeping in mind the funding criteria: - Description and purpose of applicant-organization, including appendices for the organization's Board, tax filings, and governance policies - Details on the proposed project - A process for evaluating the proposal's progress and impact - A budget for the project being proposed and means to measure its impact and success
On Unsolicited Proposals yes
Restrictions
The MutualOne Charitable Foundation will consider grants of up to $10,000 to increase the quality of life of MetroWest residents. Special emphasis will be placed on those projects which focus on disadvantaged and/or underserved citizens of Framingham or Natick. The areas of interest are workforce development, health and human services, housing, education, community development, the environment, and the arts. Grant requests will be considered for program support, seed money, challenge grants and capital improvements. To apply for a grant, applicants must be a non-profit 501(c)(3) organization or a public institution (school, fire, police, etc.) located in or serving Framingham, Natick, and the surrounding areas. The Foundation will not fund political or sectarian activities.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Framingham, MA | $500 | 2020 |
| Natick, MA | $10K | 2020 |
| Worcester, MA | $5K | 2020 |
| Framingham, MA | $2K | 2020 |
| Framingham, MA | $10K | 2020 |
| Natick, MA | $4K | 2020 |
| Framingham, MA | $10K | 2020 |
| Framingham, MA | $5K | 2020 |
| Framingham, MA | $15K | 2020 |
| Natick, MA | $7K | 2020 |
| Framingham, MA | $3K | 2020 |
| Framingham, MA | $500 | 2020 |
| Framingham, MA | $10K | 2020 |
| Framingham, MA | $1K | 2020 |
| Natick, MA | $29K | 2020 |
| Portland, OR | $2K | 2020 |
| Framingham, MA | $5K | 2020 |
| Ashland, MA | $5K | 2020 |
| Marlborough, MA | $10K | 2020 |
| Framingham, MA | $5K | 2020 |
| Framingham, MA | $4K | 2020 |
| Needham, MA | $5K | 2020 |
| Natick, MA | $8K | 2020 |
| Framingham, MA | $2K | 2020 |
| Boston, MA | $2K | 2020 |
Page 1 of 12 · 277 total
Section V
Board of Directors
- Mutual One Bank -Framingham Coop Ba Foundation Creator
- Paul V Galvani Trustee
- Mark R Haranas Trustee
- Brian Ledwith Trustee
- Robert Raider Trustee
- Mutual One Bank -Framingham Coop Ba Foundation Creator
- Susan E Acton Trustee (end 5/2022)
- Paul V Galvani Trustee
- Mark R Haranas Trustee
- Robert P Lamprey Trustee (end 4/2022)
- Brian Ledwith Trustee
- Steven M Sousa Trustee (end 2/2022)
- Robert Raider Trustee
- Brien Maginnis Controller (end 10/2022)
- Mutual One Bank -Framingham Coop Ba Foundation Creator
- Susan E Acton Trustee
- Paul V Galvani Trustee
- Mark R Haranas Trustee
- Robert P Lamprey Trustee
- Steven M Sousa Trustee
- Robert Raider Trustee
- Brien Maginnis Controller
- Mutual One Bank -Framingham Coop Ba Foundation Creator
- Susan E Acton Trustee
- Paul V Galvani Trustee
- Mark R Haranas Trustee
- Robert P Lamprey Trustee
- Steven M Sousa Trustee
- Robert Raider Trustee
- Brien Maginnis Controller
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 | $9.1M | $409K | $2.9M | $462K |
| 2022 | $8.9M | $453K | $85K | $476K |
| 2021 | $9.9M | $484K | $81K | $452K |
| 2020 | $9.5M | $441K | $180K | $414K |
| 2019 | $9.1M | $432K | $376K | $443K |
| 2015 | $7.1M | $352K | $607K | $323K |
| 2014 | $6.9M | $331K | $789K | $318K |
| 2013 | $6.3M | $303K | $268K | $302K |
| 2012 | $6.0M | $293K | $268K | $295K |
| 2011 | $5.9M | $289K | $259K | $242K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.