Belmont Savings Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $2.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2.9M
+1397.6% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$1.4M
+2895.2% YoY
About Belmont Savings Bank Foundation
Based on IRS filings
Belmont Savings Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $2.9M.
Focus Areas
Ready to take the next step with Belmont Savings Bank Foundation?
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 | — | — | — |
| 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 2 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Open Grants
1 open opportunity from Belmont Savings Bank Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Town of Belmont Massachusetts ($2,850,000), Belmont Education Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Belmont Education Foundation Belmont, MA | Outstanding teacher awards | $10,000 |
| Town of Belmont Massachusetts Belmont, MA | Library and ice rink projects | $2,850,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert J Morrissey | Chairman | 0.5 | $500 |
| M Patricia Brusch | Treasurer | 0.5 | $500 |
| Hal R Tovin | Secretary | 0.5 | $500 |
| S Warren Farrell | Director | 0.5 | $500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Belmont Savings Bank Foundation?
Belmont Savings Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, MA. It holds — in total assets as of 2024.
Where does Belmont Savings Bank Foundation operate?
Belmont Savings Bank Foundation has awarded grants in Massachusetts.
What size grants does Belmont Savings Bank Foundation award?
In 2024, Belmont Savings Bank Foundation awarded 2 grants totaling $2.9M — an average of about $1.4M per grant, based on its IRS Form 990 filings.
What is Belmont Savings Bank Foundation's EIN?
Belmont Savings Bank Foundation's EIN (Employer Identification Number) is 45-3029284. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Belmont Savings Bank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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