Lee Bank Foundation Inc is a corporate foundation based in Lee, Massachusetts, established in 2021. The foundation is part of Berkshire Financial Services Inc and operates as a 501(c)(3) organization. As an independent, community-based bank foundation without shareholder obligations, the Lee Bank Foundation reinvests in the communities it serves through grants and sponsorships supporting local nonprofits and initiatives.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.3M
+5.8% YoY
Annual Giving
$209K
+14.3% YoY
Grant Count
42
+2.4% YoY
Avg Grant Size
$5K
+11.6% YoY
Mission & Focus Areas
The foundation's mission centers on community reinvestment and supporting organizations that help reduce opportunity and wealth gaps for youth and families in Berkshire County.
Primary funding focus areas include:
- Education and literacy
- Food security and nutrition
- Economic growth and development
- Health
The foundation prioritizes Berkshire County–based organizations that receive the majority of their funding from local sources.
Grantmaking
Review Cycle
is June 1, 2026.
How to Apply
** The next application deadline is June 1, 2026.
Ready to take the next step with Lee Bank Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation supports communities across Massachusetts, Connecticut, and New York, with particular emphasis on Berkshire County, Massachusetts. Specific communities served include Adams, Becket, Cheshire, Great Barrington, Stockbridge, Pittsfield, and Lenox.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $5,041,613 (as of 2024)
Annual Giving: $208,500–$250,180 (varies by year)
Total Revenue (2024): $1,474,348
Total Expenses (2024): $217,573
Expense Ratio: 14.8% of total revenue spent on programs
Investment Income: The foundation generates revenue through investment income and contributions.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,331,892 | $5,041,613 | $3,421,538 |
| Revenue | $360,709 | $1,474,348 | $1,199,364 |
| Expenses | $255,201 | $217,573 | $230,803 |
| Qualifying Distributions | $211,700 | $186,070 | $207,670 |
| Net Investment Income | $315,203 | $104,910 | $44,136 |
| Distributable Amount | $250,757 | $209,742 | $134,462 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
180 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Charles Leach – President & CEO of Lee Bank and foundation leadership. He has served as president and CEO of Lee Bank since 2015, with experience in banking, investing, and wealth management dating back to 1999. He holds an M.B.A. from the Peter F. Drucker Graduate School of Management at Claremont Graduate University and a B.A. from Colby College.
Alison Brigham – Treasurer. She joined Lee Bank's marketing department in 2017 and has a bachelor's degree in physiology and psychology from McGill University and a master's degree in medical genetics from the University of British Columbia.
Nina Garlington – Secretary
Board Members: Jason McCandless, Sandra Lojano, Jennibeth Gomez, James Terryberry (joined in 2024)
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES LEACH | PRESIDENT/DIRECTOR | 1 | — |
| ALISON BRIGHAM | TREASURER/DIRECTOR | 1 | — |
| NINA GARLINGTON | SECRETARY/DIRECTOR | 1 | — |
| JASON MCCANDLESS | DIRECTOR | 1 | — |
| SANDRA LOJANO | DIRECTOR | 1 | — |
| JENNIBETH GOMEZ | DIRECTOR | 1 | — |
| LINDA CLAIRMONT AS OF 525 | DIRECTOR | 1 | — |
| JAMES TERRYBERRY | DIRECTOR | 1 | — |
| URSULA MALOY AS OF 625 | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The Lee Bank Foundation has maintained consistent grant-making activity throughout 2024 and 2025:
In the first grant cycle of 2025, the foundation awarded $69,800 to Berkshire nonprofits
Lee Bank awards $73,500 to support 11 Berkshire nonprofits | Bizbrief | berkshireeagle.comIn 2024, the foundation distributed grants in multiple cycles, including $56,700 during the second cycle and $58,000 to 12 Berkshire-based nonprofits in another cycle
Lee Bank Foundation Awards $69,800 in First Grant Cycle of 2025 - HealthGrant recipients have included arts and cultural organizations, grassroots groups, and nonprofits focused on food security, literacy, job readiness, and economic development
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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