Melrose Cooperative Bank Foundation
Melrose Cooperative Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MELROSE, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 20 grants totaling $113K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$113K
-10.9% YoY
Grant Count
20
-31.0% YoY
Avg Grant Size
$6K
+29.2% YoY
About Melrose Cooperative Bank Foundation
Based on IRS filings
Melrose Cooperative Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MELROSE, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 20 grants totaling $113K.
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 | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
120 grants across all recorded years
Open Grants
1 open opportunity from Melrose Cooperative Bank Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mission of Deeds ($17,000), Greater Boston Stage Company ($15,500), The Food Drive ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Community Coalition of Melrose Inc Melrose, MA | General OperatingSupport | $7,500 |
| Friends of the Middlesex Fells Reservation Melrose, MA | General OperatingSupport | $5,000 |
| Greater Boston Stage Company Stoneham, MA | General OperatingSupport | $15,500 |
| Kaplan Family Hospice House Care Dimensions Danvers, MA | General OperatingSupport | $1,000 |
| Melrose High School PTO- Grad Night Melrose, MA | Graduation Night | $5,000 |
| Housing Families Inc Malden, MA | General OperatingSupport | $1,000 |
| Melrose Orchestral Association Melrose, MA | General OperatingSupport | $10,000 |
| Mission of Deeds Reading, MA | General OperatingSupport | $17,000 |
| Mystic Valley Elder Services Malden, MA | Money ManagementProgram | $5,000 |
| Polymnia Choral Society Melrose, MA | General OperatingSupport | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Candy Brower | Director | 1 | — |
| Stephen Anderson | Director | 1 | — |
| Elizabeth W McNelis | Director | 1 | — |
| F Peter Waystack | Director | 1 | — |
| Alan Whitney | Director | 1 | — |
| James Oosterman | Secretary & Director | 1 | — |
| Judith Clark | Director | 1 | — |
| Mary Beth McAteer-Margolis | President & Director | 1 | — |
| Diane Indorato | Treasurer & Director | 1 | — |
| Stephanie Nelson | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Melrose Cooperative Bank Foundation?
Melrose Cooperative Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MELROSE, MA. It holds — in total assets as of 2024.
Where does Melrose Cooperative Bank Foundation operate?
Melrose Cooperative Bank Foundation has awarded grants in Connecticut, Massachusetts, Maine, New York.
What size grants does Melrose Cooperative Bank Foundation award?
In 2024, Melrose Cooperative Bank Foundation awarded 20 grants totaling $113K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Melrose Cooperative Bank Foundation's EIN?
Melrose Cooperative Bank Foundation's EIN (Employer Identification Number) is 46-5490603. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Melrose Cooperative Bank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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