Bay State Savings Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $129K in total assets. In 2024, it made $631 in qualifying distributions. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$129K
+1.5% YoY
Revenue
$3K
-90.4% YoY
Qualifying Distributions
$631
-95.5% YoY
Expenses
$1K
-91.7% YoY
About Bay State Savings Charitable
Based on IRS filings
Bay State Savings Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $129K in total assets. In 2024, it made $631 in qualifying distributions. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $128,582 | $126,742 | $109,459 |
| Revenue | $3,058 | $31,906 | $31,327 |
| Expenses | $1,218 | $14,623 | $18,585 |
| Qualifying Distributions | $631 | $14,073 | $18,060 |
| Net Investment Income | $1,320 | $256 | — |
| Distributable Amount | $6,270 | $5,114 | $4,487 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jay Z Aframe | Director | 1 | — |
| John E Graham | Director | 1 | — |
| George F Sullivan Jr | Director | 1 | — |
| Diane Giampa | President | 1 | — |
| Cheri E Carty | Treasurer and Clerk | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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