Eastern Cambridge Foundation Inc

BOSTON, MA EIN: 45-4182909

Eastern Cambridge Foundation Inc is a private foundation based in Massachusetts. Also known as the Wellesley Bank Charitable Foundation and Cambridge Trust Charitable Foundation, the foundation operates with no employees and focuses on exempt purpose funding and refunding prior year expenses.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$361K

-34.9% YoY

Grant Count

1

-99.5% YoY

Avg Grant Size

$361K

+12665.0% YoY

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

Grantmaking

The foundation accepts applications. Recent grantmaking activity shows significant variation:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ALBUQUERQUEARLINGTONBATAVIABEDFORDBELMONTBEVERLYBOSTONBRIGHTONBROOKLINEBURLINGTONCAMBRIDGECANTERBURYCHARLESTOWNCONCORDDANVERSDEDHAMDORCHESTERDOVERDRACUTDURHAM

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (as of December 2024)

  • Total Assets: $4,944,781
  • Total Revenues: $176,505
  • Total Expenses: $313,880

Revenue Breakdown (FY 2024)

  • Investment Income and Dividends: $108,935
  • Net Gain from Sale of Non-Inventory Assets: $67,570

Year-over-Year Comparison

  • Assets decreased slightly from $5.1M (2022) to $4.9M (2024)
  • Total giving declined from $631,000 (2022) to $361,000 (2024)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$161K$322K$483K$644K104 grants201959 grants202081 grants2021217 grants2022196 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grants & Contributions P…$361K

Grant Size Distribution

201 grants across all recorded years

200<$50K$50–100K$100–250K1$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
Danielle RemisTreasurer/Director1
DINA SCIANNAVP/DIRECTOR (Ended 07/05/2024)1
JESSICA SUTTLESec./Clerk (Ended 07/05/2024)1
PETER HALBERSTADTTreasurer(Ended 07/05/2024)1
ANA MOJICADIRECTOR (Ended 07/05/2024)1
DANIEL MORRISONDIRECTOR (Ended 07/05/2024)1
DEBORAH MOOREDIRECTOR (Ended 07/05/2024)1
SUSAN MARTORE-BAKERDIRECTOR (Ended 07/05/2024)1
Sheila EstesClerk/Director1
Nancy Huntington StagerPresident/Director1
ADAM JOHNSTONDIRECTOR (Ended 07/05/2024)1

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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