Mary T Lane Foundation Charitable Trust
Accepts applications
Mary T Lane Foundation Charitable Trust is a private foundation in Boston, Massachusetts. In tax year 2025 it gave $175,000 in 23 grants; the typical grant was $5,000 and the largest $15,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$175,000
- Number of grants23
- Typical grant$5,000
- Largest grant$15,000
- Assets$4.5 million
- New grantees30%
Giving in 2025 was up from $170,000 the year before.
30% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $175,000 | 19 | $3.8 million |
| 2024 | $170,000 | 21 | $4.1 million |
| 2025 | $175,000 | 23 | $4.5 million |
How to apply
| Contact | Eastern Bank Co Chris Drew 605 Broadway LF 41, Saugus, MA 01906 |
|---|---|
| Phone or email | (781) 581-4292 |
| What to submit | Application forms available upon request |
| Deadlines | Candidates are selected annually |
| Restrictions | Scholarships to be awarded to high school graduates who are domiciled in rockport, ma who possess strong academic and moral qualifications: financial need will be considered |
What Mary T Lane Foundation Charitable Trust funds
Where it gives
Its US grants went to recipients in 6 states, the most to Massachusetts. It also paid $10,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 15 | $110,000 |
| New York | 3 | $25,000 |
| District of Columbia | 1 | $10,000 |
| Virginia | 1 | $10,000 |
| Maine | 1 | $5,000 |
| Vermont | 1 | $5,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Massachusetts - Dartmouth | Scholarship | $15,000 |
| University of Essex - UK | Scholarship | $10,000 |
| Northeastern University | Scholarship | $10,000 |
| Gordon College | Scholarship | $10,000 |
| Boston College | Scholarship | $10,000 |
| Boston University | Scholarship | $10,000 |
| Emmanuel College | Scholarship | $10,000 |
| St John's University | Scholarship | $10,000 |
| Rochester Institute of Technology | Scholarship | $10,000 |
| George Washington University | Scholarship | $10,000 |
| College of William & Mary | Scholarship | $10,000 |
| University of Massachusetts - Lowell | Scholarship | $5,000 |
| Salem State University | Scholarship | $5,000 |
| Colby College | Scholarship | $5,000 |
| Clark University | Scholarship | $5,000 |
| University of Vermont | Scholarship | $5,000 |
| Wentworth Institute of Technology | Scholarship | $5,000 |
| Tufts University | Scholarship | $5,000 |
| Stonehill College | Scholarship | $5,000 |
| Massachusetts College of Pharmacy-MCPHS | Scholarship | $5,000 |
| Massachusetts College of Art and Design | Scholarship | $5,000 |
| University of Massachusetts - Boston | Scholarship | $5,000 |
| Marist College | Scholarship | $5,000 |
Officers and trustees
- Eastern Bank
Questions people ask
Does Mary T Lane Foundation Charitable Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Candidates are selected annually.
How much does Mary T Lane Foundation Charitable Trust give?
$175,000 in tax year 2025, across 23 grants, with a typical grant of $5,000.
Who runs Mary T Lane Foundation Charitable Trust?
Its 2025 filing lists Eastern Bank (Trustee).
What does Mary T Lane Foundation Charitable Trust fund?
Based on its grants, mainly education and science and research.