Massachusetts Bankers Association

BOSTON, MA EIN: 04-3460557

Massachusetts Bankers Association is a private foundation focused on Education, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $658 in total assets. In 2024, it awarded 23 grants totaling $44K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$658

-82.9% YoY

Annual Giving

$44K

-13.6% YoY

Grant Count

23

+9.5% YoY

Avg Grant Size

$2K

-21.1% YoY

About Massachusetts Bankers Association

Based on IRS filings

Massachusetts Bankers Association is a private foundation focused on Education, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $658 in total assets. In 2024, it awarded 23 grants totaling $44K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AdamsAmherstAndoverAshalndAshlandAuburnBedfordBerkleyBiddefordBillericaBostonBurlingtonCantonCharlestonChelmsfordCheshireChestnut HillCohassetDartmouthDracut

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15K$29K$44K$59K20202021202220232024
Metric202420232022
Total Assets$658$3,843$7,728
Revenue$44,000$49,500$30,504
Expenses$47,185$53,385$31,444
Qualifying Distributions$47,185$53,385$31,444
Net Investment Income$4
Distributable Amount$253$496$454

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$38K$51K7 grants202012 grants202116 grants202221 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UMASS BOSTON GABE BISHOP$2KROSE HULMAN INSTITUTE OF…$2KFAIRFIELD UNIVERSITY ANN…$2KCOLLEGE OF CHARLESTON OW…$2KPROVIDENCE COLLEGESARAH …$2KAUBURN UNIVERSITY KIERA …$2KNORTHEASTERN UNIVERSITY …$2KFLORIDA STATE UNIVERSITY…$2KFARFIELD UNIVERSITY LILA…$2KUMASS AMHERST MADDAX WEG…$2K

Grant Size Distribution

79 grants across all recorded years

79<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM J TSOULESTREASURER1
KATHLEEN MURPHYPRESIDENT1
DENNIS SHEEHANDIRECTOR1
JAMES M DUNPHYDIRECTOR1
KEVIN M TIERNEY SRDIRECTOR1
LISA R MURRAYDIRECTOR1
BRAD PAPALARDOCLERK1
ROBERT FRAZERCHAIRPERSON/DIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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