Charlesbank Homes
Charlesbank Homes is a private foundation based in Walpole, Massachusetts. Its filing type is Form 990-PF (a private foundation). It makes capital grants to Massachusetts nonprofit organizations for construction, maintenance, repairs, and rehabilitation of housing for individuals and families with low or moderate incomes.
Charlesbank Homes at a glance
In short: Charlesbank Homes gave $1.1M across 20 grants in 2025 (avg $53K), mostly in Massachusetts. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,057,500
- +1.7% vs 2024
- Grants made (2025)
- 20
- +25.0% vs 2024
- Average grant
- $52,875
- -18.7% vs 2024
- Median grant
- $50,000
- Total assets
- $21,261,705
- +3.6% vs 2024
- New grantees (estimate)
- 40% first-time grantees (8 of 20, 2025; small sample)
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Charlesbank Homes
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests; its 2024 filing says giving is not restricted to preselected organizations. Its website says applications are accepted online only, reviewed on a rolling basis, and may take three to six months to process. Applicants should review the guidelines and submit a complete application with all requested documentation. The 2024 filing describes written requests that include a statement of purpose, the amount requested, and a copy of the exemption certificate.
- Review Cycle
- The website says not to submit an application before October 1, 2026, and the filing states that no deadlines were stipulated. The website also says applicants should wait at least a year after receiving a grant check before applying.
- Deadline
- The website says not to submit an application before October 1, 2026, and the filing states that no deadlines were…
- Contact
Application contact: Jeanne Pinado
Mailing address: 34 Avon Street, Jamaica Plain, MA 02130
Phone: (617) 290-9133
Website: https://charlesbankhomesfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Charlesbank Homes
Charlesbank Homes Affordable Housing Grant
Charlesbank Homes
Amount
Up to $50,000 (repairs/maintenance); up to $100,000 (new construction, 3+ units)
Deadline
Deadline not published
Charlesbank Homes Foundation Grant
Charlesbank Homes
Amount
US $50,000 - US $100,000
Deadline
Deadline not published
Who Charlesbank Homes funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Community Team Work ($75K). Together the top 10 received $608K.
Grant Size Distribution
95 grants across all recorded years
The most common grant size was in the $50–100K range: 75 grants of 95 (79%).
Geographic Focus
Where this funder awards grants
The foundation’s guidelines require projects to be in Massachusetts. All grant dollars reported for filing year 2025 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is Charlesbank Homes open to new grantees?
40%
first-time grantees, 2025
In 2025, 8 of 20 grantees (40%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $60K; repeat grants $48K. How we count
Medians: $54K first-time, $50K repeat.
- 10% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $952K (2023) to $1.1M (2021). In 2025 it made 20 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Team Work Lowell, MA | Construct 19 efficiency units for the homeless or disabled | $75,000 |
| Noah East Boston, MA | Develop a 7-Unit Home Ownership Building | $75,000 |
| Community Action for Better Housing New Bedford, MA | Restoration of a 26-Unit Building Damaged by Fire | $75,000 |
| Boston Neighborhood Community Land Trust Roxbury, MA | Update a heating system and insulation for a 3-family home | $75,000 |
| The Haven Project Lynn, MA | Capital Repairs for an 8-Room SRO | $57,500 |
| Habitat for Humanity Greater Lowell Westford, MA | Renovate a 3-Bedroom, Single Family Home | $50,000 |
| Habitat for Humanity Cape Cod North Easton, MA | Develop 2 Affordable Homes | $50,000 |
| Old Colony Habitat for Humanity Attleborough, MA | Renovate a 3-Bedroom Home | $50,000 |
| Habitat for Humanity North Central MA Leominster, MA | Construct a 3-Bedroom House | $50,000 |
| Commonwealth Land Trust Boston, MA | Create 24 Studio Units | $50,000 |
Ready to take the next step with Charlesbank Homes?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $21,261,705 | $976,200 | $1,122,900 | $1,057,500 | 20 | $1,064,494 | $969,973 | $1,051,125 |
| 2024 | $20,525,140 | $785,050 | $1,101,792 | $1,040,240 | 16 | $1,046,091 | $574,349 | $963,087 |
| 2023 | $19,314,514 | $753,193 | $1,054,939 | $952,298 | 16 | $962,040 | $660,294 | $962,308 |
| 2022 | $20,138,948 | $2,406,918 | $1,247,205 | $1,141,585 | 19 | $1,150,812 | $2,288,805 | $1,112,418 |
| 2021 | $23,570,798 | $1,803,952 | $1,191,887 | $1,141,914 | 24 | — | $1,761,029 | $1,032,016 |
Under IRS private-foundation payout rules, Charlesbank Homes reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation funds construction, rehabilitation, and major repairs or renovations to affordable housing. Its guidelines say eligible organizations must be Massachusetts-based, tax-exempt under Section 501(c)(3), and construct or maintain housing for people with low or moderate incomes. Applicants must not be private foundations and must not have received a Charlesbank Homes grant in the preceding 12 months.
Grant examples show support for varied housing projects, including new homes, housing units, and repairs to existing buildings. The foundation’s website says it does not fund operating expenses, capital campaigns, endowments, or pre-development costs. For repairs and maintenance, it requires a capital plan or capital needs assessment; such grants are limited to $50,000. New residences may receive up to $100,000 for projects producing three or more units, or up to $50,000 otherwise. The foundation prefers projects with total development costs below $10 million.
Grantees’ stated missions illustrate the kinds of organizations it supports. Community Action for Better Housing says it provides decent, affordable housing to people with low or moderate incomes. The Haven Project says it supports at-risk homeless young adults, including by providing stable living options. Commonwealth Land Trust says it provides safe, affordable housing to vulnerable groups, including low-income families, people with disabilities, and people experiencing homelessness.
Grantmaking
In filing year 2025, Charlesbank Homes reported 20 grants totaling $1,057,500. Grants ranged from $25,000 to $75,000, with a median of $50,000. Examples include $75,000 to Community Team Work for 19 efficiency units for people experiencing homelessness or with disabilities; $75,000 to NOAH for a seven-unit homeownership building; and $75,000 to Community Action for Better Housing to restore a 26-unit building damaged by fire. Other grants included $57,500 to The Haven Project for capital repairs to an eight-room SRO and $50,000 to Commonwealth Land Trust to create 24 studio units.
Deadline: The website says not to submit an application before October 1, 2026, and the filing states that no deadlines were stipulated. The website also says applicants should wait at least a year after receiving a grant check before applying.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jeanne Pinado as trustee and president; Bruce Berzin as trustee and treasurer; Kathryn Roy as vice president and assistant treasurer; and Philip J. Notopoulos as vice president and secretary. Trustees listed are Richard H. Sayre, L. Jason Law, Elizabeth Hibbard, Felicia Jacques, and Mark Winkeller. Thomas W. Cornu is listed as trustee emeritus.
Charlesbank Homes is led by Jeanne Pinado, Trustee & President on every filing since 2021; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeanne Pinado
Trustee & President
On filings since 2021
2 hrs/week
No compensation reported
Elizabeth Hibbard
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Felicia Jacques
Trustee
On filings since 2021
2 hrs/week
No compensation reported
L. Jason Law
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Mark Winkeller
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Richard H. Sayre
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Bruce Berzin
Trustee & Treasurer
New on the 2025 filing
2 hrs/week
No compensation reported
Kathryn Roy
Vice President & Assistant Treasurer
Trustee, Vice President & Secretary → Trustee, Vice President, Secretary & Treasurer, 2024
Trustee, Vice President, Secretary & Treasurer → Vice President & Assistant Treasurer, 2025
On filings since 2021
2 hrs/week
No compensation reported
Philip J. Notopoulos
Vice President & Secretary
Trustee → Vice President, 2024
Vice President → Vice President & Secretary, 2025
On filings since 2021
2 hrs/week
No compensation reported
Thomas W. Cornu
Trustee Emeritus
Trustee → Trustee Emeritus, 2025
On filings since 2021
2 hrs/week
No compensation reported
Former officers (3)
- Former: Wesley K. Blair (2021–2024) — Trustee & Treasurer
- Former: Charles J. Maneikis Jr. (2021–2022) — Trustee
- Former: Susan K. Keller (2021–2022) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Charlesbank Homes
How much does Charlesbank Homes give each year?
Charlesbank Homes gave $1.1M across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 16 grants.
What is Charlesbank Homes's typical grant size?
Charlesbank Homes's median grant in 2025 was $50,000, and its average grant was $52,875, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Charlesbank Homes that year got $60K on average.
Where does Charlesbank Homes give grants?
Charlesbank Homes gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (4 grants) and Lynn, MA (2 grants).
Does Charlesbank Homes give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Charlesbank Homes's 2025 IRS Form 990-PF were described as general or operating support.
Who are Charlesbank Homes's largest grantees?
Charlesbank Homes's largest 2025 grantees include Community Team Work ($75,000), Noah ($75,000) and Community Action for Better Housing ($75,000), according to its 2025 IRS Form 990-PF. Together they received 21% of its itemized 2025 grant dollars.
How large is Charlesbank Homes?
Charlesbank Homes reported $21.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What does Charlesbank Homes fund?
The foundation funds construction, rehabilitation, and major repairs or renovations to affordable housing. Its guidelines say eligible organizations must be Massachusetts-based, tax-exempt under Section 501(c)(3), and construct or maintain housing for people with low or moderate incomes. See mission & focus areas ↑
How do I apply for a grant from Charlesbank Homes?
The foundation accepts unsolicited requests; its 2024 filing says giving is not restricted to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charlesbank Homes's EIN?
Charlesbank Homes's EIN (Employer Identification Number) is 04-2103755. IRS Form 990 filing data is available on this page for 2021–2025.
Does Charlesbank Homes accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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—
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Cite this profile
Grantable. (2026). Charlesbank Homes funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/charlesbank-homes-morg_a6a71c2425204b79903d6bc11e9ab4a2
BibTeX
@misc{grantable_042103755_2026,
author = {{Grantable}},
title = {{Charlesbank Homes funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/charlesbank-homes-morg_a6a71c2425204b79903d6bc11e9ab4a2},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Charlesbank Homes's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Charlesbank Homes down — hundreds of funders to go?