Logo for "Eastern Bank Charitable Foundation"

Eastern Bank Charitable Foundation

Eastern Bank Charitable Foundation

Lynn, MA, US
501(c)(3)
EIN
22-3317340
Open for Solicitation
Private Foundation
Regional Funder
Women Led
BIPOC Led
Logo for "Eastern Bank Charitable Foundation"

Eastern Bank Charitable Foundation

Lynn, MA, US
501(c)(3)
EIN
22-3317340
Open for Solicitation
Private Foundation
Regional Funder
Women Led
BIPOC Led

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$12,733,459

Other
56%
Investments
44%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$19,580,366

Grants
75%
Fees to Service Providers
20%
Other
5%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$21,475
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,172,056
$5,634,533
+9%
Other
$8,584,570
$7,077,451
-18%
Total Revenues
$13,756,626
$12,733,459
-7%
Expenses
2023
2024
Change
Grants
$12,002,250
$14,699,750
+22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$3,585,345
$3,964,432
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,029,526
$916,184
-11%
Total Expenses
$16,617,121
$19,580,366
+18%
Net income
2023
2024
Change
Net income
-$2,860,495
-$6,846,907
-139%
Income Statement
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