Cape & Coast Bank Foundation
The Cooperative Bank of Cape Cod operates a charitable foundation known as The Cooperative Bank of Cape Cod Charitable Foundation Trust (also referred to as "The Coop Foundation"). The foundation is a private grantmaking foundation established in 2018 and officially launched in December 2018. It is based in Hyannis, Massachusetts and serves Barnstable County and the Cape Cod region.
Key facts about Cape & Coast Bank Foundation
- EIN
- 82-4890570
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $153,000
- Grants made (2025)
- 29
- Average grant
- $5,276
- Median grant
- $5,000
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- How to apply
- The foundation does not accept applications.
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 Cape & Coast Bank Foundation funds
By grant dollars, the top recipient states for Cape & Coast Bank Foundation's 29 itemized 2025 grants were Massachusetts (100%). The most frequent recipient cities were Hyannis, MA (7 grants), Falmouth, MA (3 grants), Provincetown, MA (2 grants) and Orleans, MA (2 grants). 7% 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
$153K
+19.8% YoY
Grant Count
29
+38.1% YoY
Avg Grant Size
$5K
-13.3% YoY
Mission & Focus Areas
The foundation supports nonprofit organizations that enhance quality of life through programs and initiatives meeting fundamental needs and challenges in the communities served. The foundation identifies five core areas of impact for grant consideration:
- Economic development and self-sufficiency
- Community vitality and sustainability
- Thriving youth and families
- Education and learning
- Health and human care
Recent grant activity demonstrates particular emphasis on affordable housing, homelessness prevention, health care access, food insecurity, recovery services, and social inequality.
Grantmaking
In fiscal year 2025 (second and third quarters), the foundation awarded $124,750 in grants, including:
Grant Range
s and Frequency:**
How to Apply
**
Ready to take the next step with Cape & Coast Bank Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds nonprofit organizations serving Barnstable County and the Cape Cod region, including communities such as Hyannis, Falmouth, Sandwich, Wellfleet, Brewster, and surrounding areas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (Ending March 2025):
- Total Assets: $2,766,083
- Total Revenue: $325,337
- Total Expenses: $185,146
- Net Income: $140,191
- Charitable Disbursements: $156,065 (84.3% of expenses)
Revenue Breakdown (FY 2025):
- Contributions Received: $208,810 (64.2%)
- Dividends: $58,669 (18.0%)
- Sales of Assets: $55,730 (17.1%)
- Interest Revenue: $2,128 (0.7%)
Historical Giving:
- FY 2024: $153,000 in total giving across 21 grants
- FY 2022: $165,000 in total giving across 26 grants
- FY 2021: $141,000 in total giving across 21 grants
The foundation has no liabilities and maintains a debt-free balance sheet.
| 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
126 grants across all recorded years
Open Grants
2 open opportunities from Cape & Coast Bank Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Housing Assistance Corporation ($12,500), Amplify POC Cape Cod ($10,000), Belonging to Each Other Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Housing Assistance Corporation Hyannis, MA | THRIVE - Workforce Housing Voucher | $12,500 |
| Amplify POC Cape Cod Hyannis, MA | Communications and Programs Capacity Building | $10,000 |
| Belonging to Each Other Inc Falmouth, MA | Comprehensive Campaign "Honoring Our Past -- Building Our Future" | $10,000 |
| Habitat for Humanity of Cape Cod Yarmouthport, MA | Partnering with Families in Need to Build Affordable Homes | $10,000 |
| Heritage Museums & Gardens Sandwich, MA | The Barbey Family Welcome Center at Heritage Museums & Gardens | $10,000 |
| Big Brothers Big Sisters of Cape Cod & The Islands Hyannis, MA | One-to-One Mentoring for At-Risk Youth | $6,250 |
| Helping Our Women Provincetown, MA | Women Thriving Capital Campaign | $6,250 |
| YMCA Cape Cod West Barnstable, MA | New Upper Cape YMCA Branch Capital Request | $6,250 |
| Sharing Kindness Inc South Harwich, MA | Hope Squad School-Based, Student-Led Suicide Prevention | $5,250 |
| Cape Cod Times Neighbors Fund Hyannis, MA | Childcare Access Initiative | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Lisa Oliver - CEO, Chair, and President of The Cooperative Bank of Cape Cod
Erik Porter - Chief Financial Officer (listed as foundation personnel)
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Chris Cataldo | Trustee | 1 | — |
| Matt Cole | Trustee (end 11/2024) | 1 | — |
| Nancy Garran | Trustee (end 11/2024) | 1 | — |
| Lee Ann Hesse | Trustee | 1 | — |
| Justin Manning | Trustee | 1 | — |
| Rob McPhee | Trustee (start 11/2024) | 1 | — |
| Kim Olson | Trustee | 1 | — |
| Christian Valle | Trustee | 1 | — |
| Sara Whiteley | Trustee (start 11/2024) | 1 | — |
| Elizabeth Oliver | President | 1 | — |
| Erik Porter | Treasurer | 1 | — |
| Wendy Northcross | Clerk | 1 | — |
Recent News & Activity
Recent developments and announcements
In its first quarter of fiscal year 2026, the foundation surpassed $1 million in total grants awarded since its inception in 2018. This milestone was reached while funding five regional nonprofits focused on housing development, food pantries, and youth maritime programs.
COOP Bank Of Cape Cod Awards $43K In Grants To Local NonprofitsThe foundation continues to make quarterly grant announcements through its Board of Trustees meetings. Recent grant cycles have emphasized support for affordable housing initiatives, health care facility expansion, youth mentoring programs, mental health and suicide prevention services, and support for individuals experiencing homelessness or addiction recovery.
COOP Bank Of Cape Cod Awards $43K In Grants To Local NonprofitsThe bank also provides additional support beyond foundation grants through its corporate giving program and partnerships, such as offering expedited mortgage processes to Habitat for Humanity homeowners.
Cape Cod Coop Foundation Awards $20K In Grants To Local NonprofitsFrequently Asked Questions
What does Cape & Coast Bank Foundation fund?
The foundation supports nonprofit organizations that enhance quality of life through programs and initiatives meeting fundamental needs and challenges in the communities served. The foundation identifies five core areas of impact for grant consideration: • Economic development and self-sufficiency • Community vitality and sustainability • Thriving youth and families • Education and learning • Health and human care Recent grant activity demonstrates particular emphasis on affordable housing, hom…
How do I apply for a grant from Cape & Coast Bank Foundation?
**Grant Sizes and Frequency:** • Typical grant awards range from $1,000 to $15,000 • Median grant size: $5,000 • The foundation makes approximately 20-29 grants annually • Multi-year grants are common, with installment-based disbursements **Recent Grant Activity:** In fiscal year 2025 (second and third quarters), the foundation awarded $124,750 in grants, including: • $50,000 to YMCA Cape Cod (distributed in four annual installments) for construction of a new Falmouth branch • $10,000 to Commun…
Where does Cape & Coast Bank Foundation make grants?
The foundation primarily funds nonprofit organizations serving Barnstable County and the Cape Cod region, including communities such as Hyannis, Falmouth, Sandwich, Wellfleet, Brewster, and surrounding areas.
What size grants does Cape & Coast Bank Foundation award?
In 2025, Cape & Coast Bank Foundation awarded 29 grants totaling $153K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Cape & Coast Bank Foundation's EIN?
Cape & Coast Bank Foundation's EIN (Employer Identification Number) is 82-4890570. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Cape & Coast Bank Foundation'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 June 2026.