Middlesex Savings Charitable
Middlesex Savings Charitable Foundation Inc. is a private grantmaking foundation established in 2000 as the charitable arm of Middlesex Savings Bank. Based in Natick, Massachusetts, the foundation supports 501(c)(3) nonprofit organizations that improve quality of life in communities served by Middlesex Savings Bank.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.5M
+1.1% YoY
Annual Giving
$881K
+0.8% YoY
Grant Count
1
-98.4% YoY
Avg Grant Size
$881K
+6048.8% YoY
Under IRS private-foundation payout rules, Middlesex Savings Charitable reported a distributable amount of $966K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved with:
- Arts and culture
- Health and wellness
- Employment training
- Youth development
- Human services
- Education
- Community development
- Programs serving economically disadvantaged people
Special emphasis is directed toward programs designed to promote education, capacity building, and community development.
Grantmaking
Applicants must complete an online application on the foundation website. There are no deadlines.
Grant Range
s & Distribution:**
Review Cycle
.
How to Apply
**
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Geographic Focus
Where this funder awards grants
75% of grants stay in Massachusetts. Four other states receive a significant number of grants: Oklahoma, Texas, Mississippi, and Colorado.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $19,467,768
- Total giving: $881,235
- Total revenues: $629,085
- Total expenses: $1,000,095
- Investment income and dividends: $629,141
As of 2023:
- Total assets: $19.3 million
- Total revenues: $1.17 million
- Total expenses: $986,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,467,768 | $19,262,688 | $18,984,746 |
| Revenue | $629,085 | $1,172,053 | $1,465,639 |
| Expenses | $1,000,095 | $985,675 | $1,083,823 |
| Qualifying Distributions | $890,165 | $882,503 | $977,589 |
| Net Investment Income | $532,159 | $548,477 | $337,605 |
| Distributable Amount | $966,201 | $917,212 | $947,807 |
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 & Contributions Paid ($881,235).
| Recipient | Purpose | Amount |
|---|---|---|
| GRANTS & CONTRIBUTIONS PAID Natick, MA | Exempt Purpose | $881,235 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Director: Carrie Hatch Flood
- Treasurer: Dana M Neshe
- Vice President: Donna Gallo
- Director: George (last name not provided in sources)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANA M NESHE | VICE PRESIDENT | 4 | — |
| WILLIAM M KUZA | PRESIDENT | 8 | — |
| CARRIE HATCH FLOOD | Treasurer (Deceased 08/23/24) | 1 | — |
| Michael McAuliffe | DIRECTOR (Retired 04/23/2024) | 1 | — |
| RAYMOND PAGE | DIRECTOR | 1 | — |
| George Fiske Jr | DIRECTOR | 1 | — |
| KELLY KOBER | DIRECTOR | 1 | — |
| PETER BURKE | DIRECTOR | 1 | — |
| KATHRINE BALDWIN | CLERK | 1 | — |
| DONNA GALLO | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
Recent grants have been awarded to organizations including:
Children's Museum of Franklin ($20,000)
Children\u2019s Museum of Franklin Receives $20,000 from Middlesex Savings\Boys and Girls Clubs of Metrowest ($21,000)
Family Promise Metrowest ($20,000)
Greater Worcester Community Foundation ($46,000)
Habitat for Humanity of Greater Lowell ($20,000)
Foundation for Metrowest ($22,500)
Chica Project ($20,000)
Drumlin Farm (for food donation program)
Drumlin Farm Awarded Middlesex Savings Bank Grant for Food Donation ProgramThe foundation granted $250,000 to local organizations and distributed $358,450 across 24 nonprofits in recent grant cycles.
Middlesex Savings Charitable Foundation donates $250,000 to ...Contact Information
Address: Middlesex Savings Charitable Foundation Inc. c/o Middlesex Savings 6 Main St Natick, MA 01760
Phone: 508-315-5311
Website: http://www.middlesexbank.com/
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Middlesex Savings Charitable fund?
The foundation supports organizations involved with: • Arts and culture • Health and wellness • Employment training • Youth development • Human services • Education • Community development • Programs serving economically disadvantaged people Special emphasis is directed toward programs designed to promote education, capacity building, and community development.
How do I apply for a grant from Middlesex Savings Charitable?
**Grant Sizes & Distribution:** • Total annual giving: $881,235 • Typical award range: $500–$881,235 • Recent grant examples: $46,000, $22,500, $21,000, $20,000 **Focus by Category:** • 42% of giving goes to Social & Human Services • 18% goes to Community Development • 14% supports Education **Application Process:** Applicants must complete an online application on the foundation website. There are no deadlines. **Notable Program:** The A. James Lavoie Essay Contest Scholarship awards $5,000 sc…
Where does Middlesex Savings Charitable make grants?
75% of grants stay in Massachusetts. Four other states receive a significant number of grants: Oklahoma, Texas, Mississippi, and Colorado.
What size grants does Middlesex Savings Charitable award?
In 2024, Middlesex Savings Charitable awarded 1 grants totaling $881K — an average of about $881K per grant, based on its IRS Form 990 filings.
How much is Middlesex Savings Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Middlesex Savings Charitable reported a distributable amount of $966K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Middlesex Savings Charitable's EIN?
Middlesex Savings Charitable's EIN (Employer Identification Number) is 04-3521246. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Middlesex Savings Charitable's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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