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
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
**
Ready to take the next step with Middlesex Savings Charitable?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Middlesex Savings Charitable on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities