Eastern Charitable Foundation
Eastern Charitable Foundation is a private foundation, based in Watertown, MA. IRS filing data is available from 2021 through 2025. In 2025, it awarded 3 grants totaling $131K. Net investment income was $46K.
Eastern Charitable Foundation at a glance
In short: Eastern Charitable Foundation gave $131K across 3 grants in 2025 (avg $44K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $130,501
- Grants made (2025)
- 3
- Average grant
- $43,500
- Median grant
- $48,938
- 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 September 2026.
Who Eastern Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Just a Start Grant ($49K). Together the top 3 received $131K.
Grant Size Distribution
51 grants across all recorded years
The most common grant size was under $50K: 47 grants of 51 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Eastern Charitable Foundation gives
- Giving grew 68% from 2022 to 2025. Method
- In 2025 it paid out 381% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $78K (2022) to $139K (2021, 18 months). In 2025 it made 3 grants totaling $131K.
*2021: Covers 18 months (fiscal year-end changed).
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Just a Start Grant Charlestown, MA | General Assistance | $48,938 |
| Prospect Hill Academy Cambridge, MA | Educational | $48,938 |
| First Church of Cambridge Cambridge, MA | Religious | $32,625 |
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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 | — | $66,384 | $155,324 | $130,501 | 3 | $130,501 | $45,939 | $34,280 |
| 2024 | $1,398,101 | $197,458 | $21,978 | — | — | — | $175,480 | $103,242 |
| 2023 | $1,222,621 | $51,038 | $132,892 | $85,000 | 12 | $85,000 | $51,038 | $85,288 |
| 2022 | $1,304,475 | $248,831 | $96,123 | $77,900 | 8 | $77,900 | $232,885 | $84,280 |
| 2021* | $1,151,767 | $174,726 | $167,571 | $138,500 | 28 | $51,000 | $150,681 | $125,201 |
*2021: Covers 18 months (fiscal year-end changed).
Under IRS private-foundation payout rules, Eastern Charitable Foundation reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Eastern Charitable Foundation is led by John A. Steinert, President since 2024 (on filings since 2021); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
John A. Steinert
President
Treasurer → President, 2024
On filings since 2021
1 hr/week
No compensation reported
Alexandra T. Steinert-Evoy
Member
On filings since 2021
1 hr/week
No compensation reported
Jessica B. Aguilera-Steinert
Vice President
On filings since 2021
1 hr/week
No compensation reported
Tessa M. Steinert-Evoy
Secretary
On filings since 2021
1 hr/week
No compensation reported
Timothy A. Steinert
Member
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Alan Steinert Jr. (2021–2023) — President
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 Eastern Charitable Foundation
How much does Eastern Charitable Foundation give each year?
Eastern Charitable Foundation gave $131K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Eastern Charitable Foundation's typical grant size?
Eastern Charitable Foundation's median grant in 2025 was $48,938, and its average grant was $43,500, across 3 grants on its 2025 IRS Form 990-PF.
Where does Eastern Charitable Foundation give grants?
Eastern Charitable Foundation 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 Cambridge, MA (2 grants).
Does Eastern Charitable Foundation give general operating support?
Yes: 33% of Eastern Charitable Foundation's 2025 grants with a stated purpose (1 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How much is Eastern Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Eastern Charitable Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Eastern Charitable Foundation's EIN?
Eastern Charitable Foundation's EIN (Employer Identification Number) is 04-6044620. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 7, 2023)
- IRS filings on file for fiscal years 2021–2025
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