Private Foundation · MA
Rcb Charitable Foundation Inc
Reading, MA · EIN 043466878 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$950K
Total Giving
$411K
Grants on File
145
Average Grant
$3K
Giving Radius
Where Rcb Charitable Foundation Inc Has Given
Section I
How to Apply
To apply for a grant, an applicant must be a non-profit 501(c)(3) organization or public school located in or serving the towns of Andover, Burlington, North Reading, Reading, Wilmington, or Woburn. To apply for funding, applicants must submit: (1) a cover letter signed by the organization's Executive Director or Board President; along with (2) one paper copy and one PDF of a brief proposal (2–3 pages); and (3) the completed Proposal Summary Sheet. The Proposal Summary Sheet and complete application instructions are available on the website: https://readingcoop.com/uploads/PDFs/Charitable_Foundation_Donation_Request.pdf
On Unsolicited Proposals yes
Restrictions
The Charitable Foundation awards grants of up to $10,000 to increase the quality of life in the greater market area, with special emphasis on projects which focus on disadvantaged or underserved citizens. Primary areas of commitment 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, and capital improvements. The Charitable Foundation will not fund political or sectarian activities.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Reading, MA | $1K | 2021 |
| Reading, MA | $10K | 2021 |
| Lexington, MA | $1K | 2021 |
| Lawrence, MA | $14K | 2021 |
| Reading, MA | $4K | 2021 |
| Reading, MA | $500 | 2021 |
| Lexington, MA | $1K | 2021 |
| Lawrence, MA | $1K | 2021 |
| Lawrence, MA | $500 | 2021 |
| Lawrence, MA | $5K | 2021 |
| Boston, MA | $5K | 2021 |
| Lawrence, MA | $500 | 2021 |
| Malden, MA | $5K | 2021 |
| North Reading, MA | $3K | 2021 |
| North Andover, MA | $5K | 2021 |
| Reading, MA | $10K | 2021 |
| North Reading, MA | $6K | 2021 |
| Brookline, MA | $1K | 2021 |
| Lawrence, MA | $1K | 2021 |
| Lawrence, MA | $10K | 2021 |
| Woburn, MA | $5K | 2021 |
| Bedford, MA | $2K | 2021 |
| Lawrence, MA | $4K | 2021 |
| Lawrence, MA | $10K | 2021 |
| Reading, MA | $2K | 2021 |
Page 1 of 6 · 145 total
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 |
|---|---|---|---|---|
| 2024 | $929K | $44K | $77K | $72K |
| 2023 | $879K | $41K | $111K | $105K |
| 2022 | $912K | $50K | $96K | $147K |
| 2021 | $1.1M | $49K | $78K | $140K |
| 2020 | $971K | $51K | $34K | $133K |
| 2016 | $1.0M | $42K | $211K | $82K |
| 2015 | $912K | $45K | $65K | $104K |
| 2014 | $976K | $47K | $54K | $96K |
| 2013 | $996K | $47K | $44K | $101K |
| 2012 | $1.0M | $50K | $34K | $88K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.