Belmont Savings Bank Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Belmont Savings Bank Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 45-3029284

1 Active Grant

Foundation Overview

Based in Belmont, MA, Belmont Savings Bank Foundation has awarded 34 grants totaling $790,962 to organizations in Massachusetts. Individual grants range from $3,000 to $150,000, with a median award of $10,000.

Latest Tax Year
2023
Total Giving (all years)
$790,962
Total Assets
$3,744,608
Median Grant (all grants)
$10,000

Latest Form 990-PF Snapshot

Total Grants
4
Median Grant
$15,486
% Median Grant Growth
+55% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Relationship-Focused: 25%

1 of 4 recipients (25%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.

Geographic Focus
Massachusetts

100% of all grants are concentrated in Massachusetts, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Massachusetts, funding concentrates in Belmont (88%), Lincoln (12%).

Funding Trajectory
+45%

Moderate 45% growth trend over 3 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.

Program Areas
Education + 3 others

Diversified giving across multiple program areas with primary emphasis on education (41%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Belmont Savings Bank Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Belmont After School Enrichment Collaborative $15,972 Belmont, MA, US Construction Of Climbing Wall In Burbank School Gym 2023
Belmont Education Foundation $10,000 Belmont, MA, US Outstanding Teacher Awards And Support Of Projects In Belmont Public Schools 2023
Belmont Food Collaborative Inc $15,000 Belmont, MA, US Snap Food Assistance Program 2023
Town Of Belmont Massachusetts $150,000 Belmont, MA, US Constrution Of New Rink 2023
Belmont Education Foundation $10,000 Belmont, MA, US Outstanding Teacher Award & Investor In Education 2022
Belmont Food Collaborative Inc $14,345 Belmont, MA, US Snap Food Assistance Program 2022
Belmont High School Pto $3,000 Belmont, MA, US Post-graduation All Night Party 2022
Belmont Public Schools $77,985 Belmont, MA, US Piano For Belmont Public Schools 2022
Massachusetts Audubon Society Inc $25,000 Lincoln, MA, US Welcome Center 2022
Patrons Of Belmont Performing Arts $6,000 Belmont, MA, US Stage Microphones 2022
Powers Music School $6,000 Belmont, MA, US Music Storytelling Program 2022
Belmont Education Foundation $10,000 Belmont, MA, US Outstanding Teacher Award & Investor In Education 2022
Belmont Food Collaborative Inc $14,345 Belmont, MA, US Snap Food Assistance Program 2022
Belmont High School Pto $3,000 Belmont, MA, US Post-graduation All Night Party 2022
Belmont Public Schools $77,985 Belmont, MA, US Piano For Belmont Public Schools 2022
Massachusetts Audubon Society Inc $25,000 Lincoln, MA, US Welcome Center 2022
Patrons Of Belmont Performing Arts $6,000 Belmont, MA, US Stage Microphones 2022
Powers Music School $6,000 Belmont, MA, US Music Storytelling Program 2022
Belmont Education Foundation $10,000 Belmont, MA, US Outstanding Teacher Award & Investor In Education 2022
Belmont Food Collaborative Inc $14,345 Belmont, MA, US Snap Food Assistance Program 2022
Belmont High School Pto $3,000 Belmont, MA, US Post-graduation All Night Party 2022
Belmont Public Schools $77,985 Belmont, MA, US Piano For Belmont Public Schools 2022
Massachusetts Audubon Society Inc $25,000 Lincoln, MA, US Welcome Center 2022
Patrons Of Belmont Performing Arts $6,000 Belmont, MA, US Stage Microphones 2022
Powers Music School $6,000 Belmont, MA, US Music Storytelling Program 2022
Belmont Education Foundation $10,000 Belmont, MA, US Excellence In Learning 2021
Belmont Food Collaborative Inc $10,000 Belmont, MA, US Food Assistance Program 2021
Belmont High School Pto $3,000 Belmont, MA, US Senior Send-off Party 2021
Massachusetts Audubon Society Inc $6,500 Lincoln, MA, US Belmont Habitat Education Center - Goat Pen Enclosure 2021
Powers Music School $12,000 Belmont, MA, US Music Storytelling Program 2021
Belmont Education Foundation $11,500 Belmont, MA, US 2020 Investor In Education Sponsorship 2020
Belmont Food Collaborative Inc $10,000 Belmont, MA, US Healthy Food Assistance Program 2020
Town Of Belmont Massachusetts $100,000 Belmont, MA, US Belmont Police Department Renovations 2020
Town Of Belmont Massachusetts $10,000 Belmont, MA, US Revitalization Of Belmont Town Playground And Courts 2020

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Foundations Similar to Belmont Savings Bank Foundation

Discover 5 foundations with comparable assets ($3,694,666-$3,773,707), similar grant patterns, and geographic focus in MA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 46-6868808 | 118 grants awarded
$3,754,000
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$7,500
median grant
Boston, MA
Same state
100%
Excellent match

EIN: 04-6911444 | 39 grants awarded
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$12,500
median grant
Boston, MA
Same state
100%
Excellent match

EIN: 04-3425998 | 278 grants awarded
$3,773,707
(≈ Similar)
$5,000
median grant
Waltham, MA
Same state
100%
Excellent match

EIN: 04-6820141 | 162 grants awarded
$3,703,653
(≈ Similar)
$13,000
median grant
Brockton, MA
Same state
99%
Excellent match

EIN: 85-6395893 | 111 grants awarded
$3,694,666
(≈ Similar)
$7,000
median grant
Boston, MA
Same state
99%
Excellent match

Contact Information

Official contact details for Belmont Savings Bank Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 45-3029284
Website http://www.belmontsavingsfoundation.com
Address PO BOX 407 Belmont, MA 02478-0008

Key People (4)

Board members, trustees, and key staff who oversee Belmont Savings Bank Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Chairman Robert J Morrissey
Treasurer M Patricia Brusch
Secretary Hal R Tovin
Director S Warren Farrell

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Belmont Savings Bank Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.