Avidia Charitable Foundation Inc
The Avidia Charitable Foundation is a private foundation established in 1997 and based in Hudson, Massachusetts. It operates as the charitable giving arm of Avidia Bank, a $2.6 billion mutual community bank headquartered in Hudson. The foundation connects with nonprofits throughout its service region to support their missions and contribute to community well-being.
Key facts about Avidia Charitable Foundation Inc
- EIN
- 04-3371516
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $227,750
- Grants made (2025)
- 53
- Average grant
- $4,297
- Median grant
- $2,500
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- How to apply
- The foundation meets quarterly to review grant candidates.
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Avidia Charitable Foundation Inc funds
By grant dollars, the top recipient states for Avidia Charitable Foundation Inc's 53 itemized 2025 grants were Massachusetts (100%). The most frequent recipient cities were Framingham, MA (6 grants), Natick, MA (3 grants), Worcester, MA (3 grants) and Concord, MA (3 grants). 4% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$228K
+0.3% YoY
Grant Count
53
-29.3% YoY
Avg Grant Size
$4K
+42.0% YoY
Mission & Focus Areas
The foundation supports organizations involved in:
- Education
- Healthcare and hospitals
- Human services
- Legal aid
- Arts and culture
- Youth development
- Community development and economic opportunity
The foundation has a particular interest in facility upgrades and infrastructure improvements, including projects that enhance cultural and economic opportunities for residents.
Grantmaking
The foundation made 50 grants in 2023. Recent grants include:
How to Apply
**
Ready to take the next step with Avidia Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations serving central Massachusetts, with emphasis on the Metrowest region and surrounding communities including Fitchburg, Hudson, and the broader service area of Avidia Bank's branches.
Grant Distribution by State
Share of all 53 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $4,479,449
- Total Revenues: $84,959
- Total Expenses: $190,409
- Number of Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
290 grants across all recorded years
Open Grants
1 open opportunity from Avidia Charitable Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Community Foundation for Metrowest ($25,000), Boys & Girls Club of Metrowest ($22,500), Big Brothers Big Sisters of Central MA & Metrowest ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation for Metrowest Natick, MA | To support foundation provide financial and educational resources to local nonprofit organizations, share essential data about region to inform decision making and part with donors to help guide and align giving with areas of greatest need in communities | $25,000 |
| Boys & Girls Club of Metrowest Marlborough, MA | To support after-school and summer programs offered to youth of our communities | $22,500 |
| Big Brothers Big Sisters of Central MA & Metrowest Worcester, MA | To support efforts in creating one-to-one mentorships of youth facing adversity with caring adult mentors | $17,500 |
| North Star Family Services Inc Leominster, MA | To support shelter operation costs such as client personal needs, food, supplies, office needs, insurance, staffing, utilities, maintenance, children specific needs, clothing, IT needs and more. | $10,000 |
| Symphony Pro Musica Hudson, MA | To help provide affordable orchestral, choral and operatic music. | $10,000 |
| Daniel's Table Framingham, MA | To help fund the expansion of the Full Belly Bag program outreach through increased mobile distribution | $5,000 |
| Gateways Academy Inc Shrewsbury, MA | To support a blended and comprehensive education where children learn the importance of nurturing the whole body, mind and spirit. | $5,000 |
| Hoops & Homework Framingham, MA | To support after-school programs for youth living in the lowest income sections of Framingham MA | $5,000 |
| Marlborough Regional Community Foundation Marlborough, MA | To support providing annual scholarships to local high school students | $5,000 |
| Minuteman ARC Concord, MA | To support children and adults with disabilities by increasing lifelong independence, personal choice and self advocacy. | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Robert Cozzone
- Treasurer: Margaret Sullivan
- Board: Avidia Bank Executive Board Members
Contact: charitable@avidiabank.com | 978-567-3569
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert Cozzone | President | 0.2 | — |
| Margaret B Melo Sullivan | Treasurer | 0.2 | — |
| Linda Marrone | Clerk | 8 | — |
| Jim Ball | Director | 0.1 | — |
| Paul Blazar | Director | 0.1 | — |
| Michael Girard | Director | 0.1 | — |
| Joseph Grimaldo | Director | 0.1 | — |
| Jeff Leland | Director | 0.1 | — |
| Michael Murphy | Director | 0.1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking with quarterly review cycles. Recent donations have supported diverse community needs, from youth programming and shelter operations to cultural and arts initiatives. The foundation emphasizes its commitment to helping nonprofits achieve their missions through strategic financial support.
Avidia donates to the Rise Above FoundationSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Avidia Charitable Foundation Inc fund?
The foundation supports organizations involved in: • Education • Healthcare and hospitals • Human services • Legal aid • Arts and culture • Youth development • Community development and economic opportunity The foundation has a particular interest in facility upgrades and infrastructure improvements, including projects that enhance cultural and economic opportunities for residents.
How do I apply for a grant from Avidia Charitable Foundation Inc?
**Grant Activity:** The foundation made 50 grants in 2023. Recent grants include: • Boys and Girls Clubs of MetroWest: $25,000 (to support after-school and summer programs) • North Star Family Services: $10,000 (to support shelter operations) • Symphony Pro Musica Society: $10,000 (to deliver affordable live classical music) • Thrive Support & Advocacy: $2,000 (to support the Leadership Experience and Development initiative) **Application Process:** The foundation meets quarterly to review gran…
Where does Avidia Charitable Foundation Inc make grants?
The foundation primarily funds organizations serving central Massachusetts, with emphasis on the Metrowest region and surrounding communities including Fitchburg, Hudson, and the broader service area of Avidia Bank's branches.
What size grants does Avidia Charitable Foundation Inc award?
In 2025, Avidia Charitable Foundation Inc awarded 53 grants totaling $228K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is Avidia Charitable Foundation Inc's EIN?
Avidia Charitable Foundation Inc's EIN (Employer Identification Number) is 04-3371516. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Avidia Charitable Foundation Inc's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.