Everett Co-Operative Bank Charitable
Everett Co-Operative Bank Charitable is a private foundation based in Everett, Massachusetts. Its 2025 filing reports grants to charitable organizations, primarily in Massachusetts.
Everett Co-Operative Bank Charitable at a glance
In short: Everett Co-Operative Bank Charitable gave $113K across 38 grants in 2025 (avg $3K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $113,425
- -16.8% vs 2024
- Grants made (2025)
- 38
- +3700.0% vs 2024
- Average grant
- $2,985
- -97.8% vs 2024
- Median grant
- $1,000
- Total assets
- $4,675,872
- +13.2% vs 2024
- Primary geography
- Massachusetts (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Everett Co-Operative Bank Charitable
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 419 Broadway, Everett, MA 02149
Phone: (617) 387-1110
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Everett Co-Operative Bank Charitable funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Boys & Girls Club of Metro North ($15K). Together the top 10 received $81K.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 65 grants of 66 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 98% of grant dollars went to recipients in Massachusetts and 2% to recipients in Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 38 itemized grants.
Cities
How Everett Co-Operative Bank Charitable gives
- Giving grew 354% from 2022 to 2025. Method
- In 2025 it paid out 57% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2022 to 2025, annual grant giving ranged from $25K (2022) to $165K (2023). In 2025 it made 38 grants totaling $113K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Club of Metro North Stoneham, MA | Exempt Purpose | $15,000 |
| The Community Family Medford, MA | Exempt Purpose | $15,000 |
| E Club of Everett Everett, MA | Exempt Purpose | $10,000 |
| Sisters of St Joseph Holyoke, MA | Exempt Purpose | $10,000 |
| Cops for Kids with Cancer Braintree, MA | Exempt Purpose | $7,500 |
| Joint Committee for Children's Healthcare Everett, MA | Exempt Purpose | $5,000 |
| Mystic Valley Elder Services Malden, MA | Exempt Purpose | $5,000 |
| The Food Drive Melrose, MA | Exempt Purpose | $5,000 |
| Think of Michaelsee the Good Lynnfield, MA | Exempt Purpose | $5,000 |
| Sean Cummingsteam Impact Quincy, MA | Exempt Purpose | $3,000 |
Ready to take the next step with Everett Co-Operative Bank Charitable?
Financial History
Multi-year comparison from IRS filings
The 2025 filing reported 38 grants; the 2024 filing reported 1, and the 2023 filing reported 25.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,675,872 | $3,109 | $121,575 | $113,425 | 38 | $121,575 | $3,109 | $212,979 |
| 2024 | $4,131,338 | $5,155 | $141,012 | $136,300 | 1 | $140,762 | $5,155 | $188,983 |
| 2023 | $3,674,394 | $7,340 | $173,747 | $165,249 | 25 | $173,745 | $7,340 | $192,148 |
| 2022 | $4,748,201 | $3,200,201 | $25,000 | $25,000 | 2 | $25,000 | $201 | $41,692 |
Under IRS private-foundation payout rules, Everett Co-Operative Bank Charitable reported a distributable amount of $213K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The filing does not state a specific mission or formal funding focus. Its 2025 grants included organizations whose work spans community-based adult health services, support for children with cancer, food access, children’s health research, and other community services.
For example, The Community Family describes its work as providing person-centered adult day health services to adults with chronic medical conditions, disabilities, or Alzheimer’s disease, while also supporting their caregivers. The Food Drive describes its work as rescuing wholesome food and delivering it to local pantries, programs, and people. Cops for Kids with Cancer says it assists families and medical facilities supporting children with cancer.
Grantmaking
In filing year 2025, the foundation reported 38 grants totaling $113,425. Awards ranged from $250 to $15,000, with a median grant of $1,000.
The largest reported grants included $15,000 each to Boys & Girls Club of Metro North and The Community Family; $10,000 to E Club of Everett and Sisters of St Joseph; and $7,500 to Cops for Kids with Cancer. Other grants included $5,000 each to Joint Committee for Children’s Healthcare, Mystic Valley Elder Services, The Food Drive, and Think of Michaelsee the Good. St Jude Children’s Research Hospital received $2,500.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists:
- Richard J O'Neil Jr — President/Director
- Carmela Vitale — Vice President/Treasurer/Director
- Alexander A Colarusso — Secretary/Director
Everett Co-Operative Bank Charitable is led by Richard J. O'Neil Jr., President & Director since 2023 (on filings since 2022); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard J. O'Neil Jr.
President & Director
President → President & Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Alexander A. Colarusso
Secretary & Director
Secretary → Secretary & Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Carmela Vitale
Vice President, Treasurer & Director
Treasurer → Vice President, Treasurer & Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Everett Co-Operative Bank Charitable
How much does Everett Co-Operative Bank Charitable give each year?
Everett Co-Operative Bank Charitable gave $113K across 38 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $136K across 1 grant.
What is Everett Co-Operative Bank Charitable's typical grant size?
Everett Co-Operative Bank Charitable's median grant in 2025 was $1,000, and its average grant was $2,985, across 38 grants on its 2025 IRS Form 990-PF.
Where does Everett Co-Operative Bank Charitable give grants?
Everett Co-Operative Bank Charitable gives mostly in Massachusetts: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lynnfield, MA (6 grants), Everett, MA (4 grants), Boston, MA (3 grants) and Stoneham, MA (2 grants).
Who are Everett Co-Operative Bank Charitable's largest grantees?
Everett Co-Operative Bank Charitable's largest 2025 grantees include Boys & Girls Club of Metro North ($15,000), The Community Family ($15,000) and E Club of Everett ($10,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is Everett Co-Operative Bank Charitable?
Everett Co-Operative Bank Charitable reported $4.7M in total assets on its 2025 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $213K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Everett Co-Operative Bank Charitable fund?
The filing does not state a specific mission or formal funding focus. Its 2025 grants included organizations whose work spans community-based adult health services, support for children with cancer, food access, children’s health research, and other community services. See mission & focus areas ↑
How do I apply for a grant from Everett Co-Operative Bank Charitable?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Everett Co-Operative Bank Charitable's EIN?
Everett Co-Operative Bank Charitable's EIN (Employer Identification Number) is 88-3453777. IRS Form 990 filing data is available on this page for 2022–2025.
Does Everett Co-Operative Bank Charitable accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 7, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Everett Co-Operative Bank Charitable funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Everett Co-Operative Bank Charitable's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Everett Co-Operative Bank Charitable funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/everett-co-operative-bank-charitable-morg_4fb9520426e14782b25b663b537ba63c
BibTeX
@misc{grantable_883453777_2026,
author = {{Grantable}},
title = {{Everett Co-Operative Bank Charitable funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/everett-co-operative-bank-charitable-morg_4fb9520426e14782b25b663b537ba63c},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Everett Co-Operative Bank Charitable's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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