Hometown Bank Community Foundation Inc
Hometown Bank Community Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OXFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $161K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+6.8% YoY
Annual Giving
$161K
+48.3% YoY
Grant Count
1
-98.7% YoY
Avg Grant Size
$161K
+11319.7% YoY
Under IRS private-foundation payout rules, Hometown Bank Community Foundation Inc reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.
About Hometown Bank Community Foundation Inc
Based on IRS filings
Hometown Bank Community Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OXFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $161K. Net investment income was $35K.
Focus Areas
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,212,381 | $1,134,939 | $1,084,199 |
| Revenue | $124,611 | $128,250 | $125,769 |
| Expenses | $165,120 | $112,344 | $107,945 |
| Qualifying Distributions | $164,620 | $111,844 | $107,945 |
| Net Investment Income | $34,611 | $34,500 | $30,769 |
| Distributable Amount | $58,010 | $52,974 | $53,645 |
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 and Contributions Paid ($161,300).
| Recipient | Purpose | Amount |
|---|---|---|
| Grants and Contributions Paid OXFORD, MA | EXEMPT PURPOSE | $161,300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dena M Hall | PRESIDENT/Clerk/Director | 1 | — |
| GILBERT F EHMKE | TREASURER/Director/Asst Clerk | 2 | — |
| J Michael Grenon | DIRECTOR | 1 | — |
| KEVIN J MACK | DIRECTOR | 1 | — |
| Julie A Fitton | DIRECTOR | 1 | — |
| Helder Machado | DIRECTOR | 1 | — |
| peter d deary | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hometown Bank Community Foundation Inc?
Hometown Bank Community Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OXFORD, MA. It holds $1.2M in total assets as of 2024.
How large is Hometown Bank Community Foundation Inc?
As of 2024, Hometown Bank Community Foundation Inc holds $1.2M in total assets with $125K in annual revenue. It awarded 1 grants totaling $161K in 2024.
Where does Hometown Bank Community Foundation Inc operate?
Hometown Bank Community Foundation Inc has awarded grants in Colorado, Connecticut, Massachusetts, Tennessee, Texas.
What size grants does Hometown Bank Community Foundation Inc award?
In 2024, Hometown Bank Community Foundation Inc awarded 1 grants totaling $161K — an average of about $161K per grant, based on its IRS Form 990 filings.
How much is Hometown Bank Community Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hometown Bank Community Foundation Inc reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hometown Bank Community Foundation Inc's EIN?
Hometown Bank Community Foundation Inc's EIN (Employer Identification Number) is 81-2018493. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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