Dedham Institution for Savings Foundation
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
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
198 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 |
|---|---|---|---|
| GERARD LAVOIE | TRUSTEE | 1 | — |
| JUANITA ALLEN KINGSLEY | TRUSTEE | 1 | — |
| MARK C INGALLS | TRUSTEE | 1 | — |
| PETER G BROWN | TRUSTEE | 1 | — |
| LIZ BISSELL | TRUSTEE | 1 | — |
| DEAN P PLAKIAS | TRUSTEE | 1 | — |
| BEVERLY SOMERVILLE | TRUSTEE | 1 | — |
| DEAN STEEGER | TRUSTEE | 1 | — |
| TOM FILBIN | TRUSTEE | 1 | — |
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 StreetsSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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