Dedham Institution for Savings Foundation logo

Dedham Institution for Savings Foundation

BOSTON, MA EIN: 04-3423462 Website

The Dedham Institution for Savings Foundation is a private grantmaking foundation based in Boston, Massachusetts. Established in 1998, it was created by Dedham Savings to provide financial support to charitable organizations serving the communities where the bank operates.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+1.0% YoY

Annual Giving

$224K

-58.6% YoY

Grant Count

22

-62.1% YoY

Avg Grant Size

$10K

+9.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations involved with:

  • Arts and culture
  • Education
  • Health
  • Recreation
  • Human services
  • Community growth and stability
  • Economic development
  • Housing
  • Financial wellness
  • Youth programs

Grantmaking

How to Apply

** The foundation accepts grant requests from community organizations and makes awards twice per year. Organizations are encouraged to apply online through the foundation's application system.

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Geographic Focus

Where this funder awards grants

The foundation primarily serves the following communities:

  • Dedham
  • Needham
  • Norwood
  • Sharon
  • South Boston
  • Walpole
  • Westwood
  • Contiguous areas

Grant Distribution by State

2states

Cities

AshlandAttleboroBedfordBostonBraintreeBrocktonBrooktonCantonCharlestownConcordDedhamDorchesterDoverEast BridgewaterEast WalpoleFoxboroFraminghamFranklinHolbrookHyde Park

Financial History

Multi-year comparison from IRS filings

Total Assets: $2,831,374 (as of most recent filing)

Annual Giving: $224,361

Revenue: $275,000 (2023)

Expenses: $585,000 (2023)

Total Liabilities: $0 (2023)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$161K$322K$483K$644K20202021202220232024
Metric202420232022
Total Assets$2,831,374$2,802,395$3,113,204
Revenue$472,044$274,680$331,368
Expenses$443,065$585,489$317,782
Qualifying Distributions$224,361$541,604$267,700
Net Investment Income$284,705$223,519$280,085
Distributable Amount$234,866$220,380$225,900

Giving Over Time

Total grant dollars and number of grants per year

$0$135K$271K$406K$542K64 grants202056 grants202126 grants202258 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HALE EDUCATION INC$50KMOTHER BROOKS ARTS & COM…$25KNEIGHBORWORKS HOUSING SO…$25KDEDHAM - WESTWOOD WATER$18KDEDHAM FOOD PANTRY$13KDEDHAM EXCHANGE$11KCHILDREN'S SERVICES OF R…$10KCHARLES RIVER YMCA$10KDEDHAM VILLAGE PRESERVAT…$10KFAIRBANKS FAMILY IN AMER…$10K

Grant Size Distribution

198 grants across all recorded years

194<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
GERARD LAVOIETRUSTEE1
JUANITA ALLEN KINGSLEYTRUSTEE1
MARK C INGALLSTRUSTEE1
PETER G BROWNTRUSTEE1
LIZ BISSELLTRUSTEE1
DEAN P PLAKIASTRUSTEE1
BEVERLY SOMERVILLETRUSTEE1
DEAN STEEGERTRUSTEE1
TOM FILBINTRUSTEE1

Recent News & Activity

Recent developments and announcements

The foundation has been actively awarding grants to support community initiatives. Recent grant announcements include support for local fuel assistance programs and grants to organizations focused on education, community development, and environmental science.

Dedham Savings Community Foundation Awards Grant To Boston Main Streets

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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