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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$131K
Grant Count
3
Avg Grant Size
$44K
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.
About Eastern Charitable Foundation
Based on IRS filings
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | $1,398,101 | $1,222,621 |
| Revenue | $66,384 | $197,458 | $51,038 |
| Expenses | $155,324 | $21,978 | $132,892 |
| Qualifying Distributions | $130,501 | — | $85,000 |
| Net Investment Income | $45,939 | $175,480 | $51,038 |
| Distributable Amount | $34,280 | $103,242 | $85,288 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Just a Start Grant ($48,938), Prospect Hill Academy ($48,938), First Church of Cambridge ($32,625).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSICA B AGUILERA-STEINERT | VICE PRESIDENT | 1 | — |
| TESSA M STEINERT-EVOY | SECRETARY | 1 | — |
| ALEXANDRA T STEINERT-EVOY | MEMBER | 1 | — |
| JOHN A STEINERT | PRESIDENT | 1 | — |
| TIMOTHY A STEINERT | MEMBER | 1 | — |
Frequently Asked Questions
Where does Eastern Charitable Foundation operate?
Eastern Charitable Foundation has awarded grants in Alabama, Colorado, Connecticut, Iowa, Massachusetts.
What size grants does Eastern Charitable Foundation award?
In 2025, Eastern Charitable Foundation awarded 3 grants totaling $131K — an average of about $44K per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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