The Savings Bank Charitable Foundation
Preselected recipients only
The Savings Bank Charitable Foundation is a private foundation in Wakefield, Massachusetts. In tax year 2025 it gave $67,768 in 23 grants; the typical grant was $3,000 and the largest $6,500. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$67,768
- Number of grants23
- Typical grant$3,000
- Largest grant$6,500
- Assets$1.5 million
- New grantees26%
Giving in 2025 was up from $65,040 the year before.
26% 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 | $61,592 | 20 | $1.3 million |
| 2024 | $65,040 | 20 | $1.4 million |
| 2025 | $67,768 | 23 | $1.5 million |
How to apply
The Savings Bank Charitable Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Savings Bank Charitable Foundation funds
Where it gives
All of its grants went to recipients in Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 23 | $67,768 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Wakefield Food Pantry | Provides food to those who need it | $6,500 |
| Emmaus | Emergency Shelter | $5,000 |
| Mission of Deeds | Good for people in need, free of charge | $5,000 |
| Neighbors in Need | Food Pantries | $5,000 |
| Bread & Roses | Kitchen Serving For Hardship Families | $4,500 |
| Lazarus House Ministries | Families in need | $4,000 |
| Communitas | Fitness And Health Programs | $3,768 |
| Boys & Girls Club of Lawrence | Youth Programs | $3,000 |
| Boys & Girls Club of Metro North | General Assistance | $3,000 |
| Essex Art Center | General assistance | $3,000 |
| Massachusetts Coalition for the Homeless | Homeless support | $3,000 |
| Mystic Valley Elder Services | Elder needs | $3,000 |
| Riverbend | General Assistance | $3,000 |
| The Haven Project | Various Assistance | $3,000 |
| Merrimack Valley YMCA | General Assistance | $2,500 |
| Bellesini Academy | Academic Programs For Children | $2,000 |
| Ironstone Therapy | Assistance for cognitive impaired | $2,000 |
| Community Teamwork | General Assistance | $1,500 |
| Connor's Kindness Project | General Assistance | $1,000 |
| Ladybug Love | Blankets for homeless | $1,000 |
| Mass Society for Prevention of Cruelty to Animals | General Assistance | $1,000 |
| Merrimack Valley Food Bank | General Assistance | $1,000 |
| YWCA Northeastern Massachusetts | Youth programs | $1,000 |
Officers and trustees
- Raichelle L Kallery
- Denise Carbone
- Karen A Conard
- Glenn D Dolbeare
- Therese Jarmusik
- Craig MacKenzie
- Joanne Reilly
- Margaret Super Church
Questions people ask
Does The Savings Bank Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Savings Bank Charitable Foundation give?
$67,768 in tax year 2025, across 23 grants, with a typical grant of $3,000.
Who runs The Savings Bank Charitable Foundation?
Its 2025 filing lists Raichelle L Kallery (President/CEO), Denise Carbone (Treasurer/Director), Karen A Conard (Director) and Glenn D Dolbeare (Director) among 8 officers and trustees.
What does The Savings Bank Charitable Foundation fund?
Based on its grants, mainly food and hunger, youth programs and housing and homelessness.