Newburyport Bank Charitable
Newburyport Bank Charitable Foundation Inc is a corporate foundation established in 2003 and supported solely by Newburyport Bank. Based in Newburyport, Massachusetts, the foundation is dedicated to improving the quality of life in the communities served by the bank. Since its inception, the bank has contributed over $4 million to the foundation, which has made awards exceeding $3 million.
Key facts about Newburyport Bank Charitable
- EIN
- 20-0318941
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $649,345
- Grants made (2025)
- 55
- Average grant
- $11,806
- Median grant
- $5,000
- Primary geography
- Massachusetts (69% of itemized 2025 grant dollars)
- How to apply
- The foundation accepts applications from eligible 501(c)(3) organizations.
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Newburyport Bank Charitable funds
By grant dollars, the top recipient states for Newburyport Bank Charitable's 55 itemized 2025 grants were Massachusetts (69%) and New Hampshire (28%). The most frequent recipient cities were Newburyport, MA (17 grants), Portsmouth, NH (10 grants), Amesbury, MA (8 grants) and Haverhill, MA (2 grants). None of its 55 grants with a stated purpose were described as general or operating support. Recurring purposes include "Exempt Purtpose" (54 grants).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$649K
+14.9% YoY
Grant Count
55
+5400.0% YoY
Avg Grant Size
$12K
-97.9% YoY
Mission & Focus Areas
The foundation's mission centers on strengthening communities by addressing critical needs for low-to-moderate income individuals, families, and vulnerable populations within the bank's service area. Primary funding priorities include:
- Affordable Housing
- Financial Literacy
- Food Insecurity
- Health and Wellness
- Veteran Support
- Arts and Culture
- Youth Development
- Education
- Community and Economic Development
- Human Services
Grantmaking
The foundation made 44 grants in the most recent year, with total giving of approximately $565,000 to $681,000 annually. Recent grants include $25,000 to The Pettengill House, $20,000 to fight food insecurity, $5,000 to the Newburyport Literary Association, and $2,500 to The Chase Home for Children.
Grant Range
$500 to $275,000
Average Grant
$52 (based on historical data)
How to Apply
**
Ready to take the next step with Newburyport Bank Charitable?
Geographic Focus
Where this funder awards grants
The foundation funds organizations across its service footprint, which includes:
- Massachusetts (primary focus)
- New Hampshire
- Maine
- Michigan
- Washington D.C.
The bank operates 11 community banking locations in Massachusetts and New Hampshire.
Grant Distribution by State
Share of all 55 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $5.6 million
- Total Revenues: $641,887
- Total Expenses: $572,525
- Investment Income and Dividends: $474,676
- Net Gain from Sale of Non-Inventory Assets: $167,211
- Giving Rate: 10.1% of assets
Historical Giving:
- 2024: $565,236 in total giving
- 2023: $679,000 in total giving (56 grants)
- 2022: $723,000 in total giving (47 grants)
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 2025
Grant Size Distribution
215 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Northern Essex Comm College Foundation ($100,000), Anna Jaques Hospital ($50,000), Exeter Hospital ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHERN ESSEX COMM COLLEGE FOUNDATION HAVERHILL, MA | EXEMPT PURTPOSE | $100,000 |
| ANNA JAQUES HOSPITAL NEWBURYPORT, MA | EXEMPT PURTPOSE | $50,000 |
| EXETER HOSPITAL EXETER, NH | EXEMPT PURTPOSE | $50,000 |
| THE MUSIC HALL PORTSMOUTH, NH | EXEMPT PURTPOSE | $50,000 |
| OUR NEIGHBORS TABLE AMESBURY, MA | EXEMPT PURTPOSE | $40,000 |
| NEWBURYPORT ART ASSOCIATION NEWBURYPORT, MA | EXEMPT PURTPOSE | $25,000 |
| NEWBURYPORT MARITIME SOCIETY NEWBURYPORT, MA | EXEMPT PURTPOSE | $25,000 |
| OPPORTUNITY WORKS INC NEWBURYPORT, MA | EXEMPT PURTPOSE | $25,000 |
| ST PATRICK ACADEMY PROVIDENCE, RI | EXEMPT PURTPOSE | $25,000 |
| THE PETTENGILL HOUSE AMESBURY, MA | EXEMPT PURTPOSE | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board serving without compensation:
- Lloyd Hamm Jr. – President
- Timothy L. Felter – Treasurer
- Elizabeth Blackburn – Clerk
- Brian G. Harrington – Assistant Treasurer
- Kimberley Foulkes – Assistant Treasurer
- Stephen Blanchette – Director
- Karen Andreas – Director
- Jeffrey Nahas – Director
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LLOYD HAMM JR | PRESIDENT/DIRECTOR | 1 | — |
| TIMOTHY L FELTER | TREASURER/DIRECTOR | 1 | — |
| KARL DENU | ASST TREASURER (AS OF 6/12/25) | 1 | — |
| JAMES MCCARTHY | DIRECTOR (AS OF 6/12/25) | 1 | — |
| STEPHEN BLANCHETTE | DIRECTOR | 1 | — |
| KAREN ANDREAS | DIRECTOR | 1 | — |
| JEFFREY NAHAS | DIRECTOR | 1 | — |
| LEANNE EASTMAN | DIRECTOR (AS OF 6/12/25) | 1 | — |
| SUSAN MACHKINNON | SECRETARY | 1 | — |
| JAMES WILLIAMS | ASST. SECRETARY (ENDED 6/12/25) | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated active grantmaking in recent months, including:
Donation of $25,000 to The Pettengill House as a Community Champion Year-Long Sustaining Partner Sponsor
$20,000 grant to address food insecurity
$5,000 donation to the Newburyport Literary Association to support the Newburyport Literary Festival
Newburyport Bank Charitable Foundation Continues its Support of the Salvation$2,500 award to The Chase Home for Children for podcast production to raise awareness of youth programming
Newburyport Charitable Foundation Awards $2,500 to The Chase Home for Children$2,500 grant to Lamprey Health Care
Support for the Salvation Army of Newburyport
Newburyport Bank Charitable Foundation Continues its Support of the Salvation$10,000 sponsorship of the YWCA Engaging Communities Luncheon
Newburyport Bank Donates $10,000 as Sponsor of YWCA Engaging CommunitiesSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Newburyport Bank Charitable fund?
The foundation's mission centers on strengthening communities by addressing critical needs for low-to-moderate income individuals, families, and vulnerable populations within the bank's service area. Primary funding priorities include: • Affordable Housing • Financial Literacy • Food Insecurity • Health and Wellness • Veteran Support • Arts and Culture • Youth Development • Education • Community and Economic Development • Human Services
How do I apply for a grant from Newburyport Bank Charitable?
**Grant Characteristics:** • Grant range: $500 to $275,000 • Median grant size: approximately $13,655 • Average grant size: $52 (based on historical data) • Applicants must be 501(c)(3) nonprofit organizations **Recent Activity:** The foundation made 44 grants in the most recent year, with total giving of approximately $565,000 to $681,000 annually. Recent grants include $25,000 to The Pettengill House, $20,000 to fight food insecurity, $5,000 to the Newburyport Literary Association, and $2,500…
Where does Newburyport Bank Charitable make grants?
The foundation funds organizations across its service footprint, which includes: • Massachusetts (primary focus) • New Hampshire • Maine • Michigan • Washington D.C. The bank operates 11 community banking locations in Massachusetts and New Hampshire.
What size grants does Newburyport Bank Charitable award?
In 2025, Newburyport Bank Charitable awarded 55 grants totaling $649K — an average of about $12K per grant, based on its IRS Form 990 filings.
What is Newburyport Bank Charitable's EIN?
Newburyport Bank Charitable's EIN (Employer Identification Number) is 20-0318941. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Newburyport Bank Charitable's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Eastern Bank Foundation
LYNN, MA
Assets
$249.7M
Grants
1
Total Given
$14.7M
Institution for Savings in Newburyport &
NEWBURYPORT, MA
Assets
—
Grants
339
Total Given
$2.4M
New Hampshire Charitable Foundation
CONCORD, NH
Assets
$1.2B
Grants
949
Total Given
$59.7M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Provident Community Charitable
AMESBURY, MA
Assets
—
Grants
28
Total Given
$192K
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
A Caring Community Inc
KITTERY, ME
Assets
$787K
Grants
32
Total Given
$373K
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Fidelity Foundation
BOSTON, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Eastern Cambridge Foundation Inc
BOSTON, MA
Assets
—
Grants
1
Total Given
$361K
Bny Mellon Charitable Gift Fund
BOSTON, MA
Assets
$2.0M
Grants
1,503
Total Given
$720.2M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.