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
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
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 1 recipients in 2024
Grant Size Distribution
201 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grants & Contributions Paid ($360,685).
| Recipient | Purpose | Amount |
|---|---|---|
| Grants & Contributions Paid BURLINGTON, MA | EXEMPT PURPOSE | $360,685 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Danielle Remis | Treasurer/Director | 1 | — |
| DINA SCIANNA | VP/DIRECTOR (Ended 07/05/2024) | 1 | — |
| JESSICA SUTTLE | Sec./Clerk (Ended 07/05/2024) | 1 | — |
| PETER HALBERSTADT | Treasurer(Ended 07/05/2024) | 1 | — |
| ANA MOJICA | DIRECTOR (Ended 07/05/2024) | 1 | — |
| DANIEL MORRISON | DIRECTOR (Ended 07/05/2024) | 1 | — |
| DEBORAH MOORE | DIRECTOR (Ended 07/05/2024) | 1 | — |
| SUSAN MARTORE-BAKER | DIRECTOR (Ended 07/05/2024) | 1 | — |
| Sheila Estes | Clerk/Director | 1 | — |
| Nancy Huntington Stager | President/Director | 1 | — |
| ADAM JOHNSTON | DIRECTOR (Ended 07/05/2024) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Eastern Cambridge Foundation Inc?
The foundation accepts applications. Recent grantmaking activity shows significant variation: • **2024**: 1 grant totaling $361,000 (median grant: $361,000) • **2023**: 178 grants totaling $545,000 (median grant: $3,000) • **2022**: 193 grants totaling $631,000 (median grant: $3,000) The foundation's giving rate stands at 7.3% of assets.
What size grants does Eastern Cambridge Foundation Inc award?
In 2024, Eastern Cambridge Foundation Inc awarded 1 grants totaling $361K — an average of about $361K per grant, based on its IRS Form 990 filings.
What is Eastern Cambridge Foundation Inc's EIN?
Eastern Cambridge Foundation Inc's EIN (Employer Identification Number) is 45-4182909. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Eastern Cambridge Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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