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    EASTERN BANK FOUNDATION

    Supporting OrganizationIRS data 2022–2024
    LYNN, MAEIN 223317340 Website

    Annual Giving

    $14.7M+22% YoY

    Grants

    1

    Median Grant

    $14.7M

    Organizations Funded

    —

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    Foundation Overview

    Mission

    The Eastern Bank Foundation supports economic inclusion, mobility, and equity in communities across Massachusetts, New Hampshire, and Rhode Island through partnerships with grassroots and systemic change organizations.

    Focus Areas

    affordable housinghomelessness serviceslgbtq senior housingracial equity and social justicesmall business and entrepreneurship (entrepreneurs of color)early childhood advocacy and educationyouth development and educationcommunity development

    Grant Types

    operating supportcapital fundingcapacity buildingprogram supportadvocacy funding

    Funded Initiatives

    Over $240 million in donations since 1994. Support for over 1,000 organizations annually working on economic justice and community development.

    How to Apply

    Rolling basis grant applications. Focus on organizations that advance economic inclusion, mobility and equity in MA, NH, and RI communities.

    Does Not Fund

    Organizations outside Massachusetts, New Hampshire, and Rhode Island

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024+22%

    $14.7M

    Grants

    1

    Median

    $14.7M

    States

    1

    2023-17%

    $12.0M

    Grants

    1,388

    Median

    $2K

    States

    35

    2022

    $14.4M

    Grants

    1,217

    Median

    $2K

    States

    30

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $249.7M
    $14.7M(5.9%)
    2023
    $224.9M
    $12.0M(5.3%)
    2022
    $232.1M
    $14.4M(6.2%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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