Pentucket Bank Charitable Foundation Inc
Pentucket Bank Charitable Foundation Inc is a private foundation based in Haverhill, Massachusetts. Its 2025 grants supported organizations working in areas including food access, housing, education, youth services, and community development.
Pentucket Bank Charitable Foundation Inc at a glance
In short: Pentucket Bank Charitable Foundation Inc gave $439K across 40 grants in 2025 (avg $11K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $439,332
- +11.2% vs 2024
- Grants made (2025)
- 40
- +3900.0% vs 2024
- Average grant
- $10,983
- -97.2% vs 2024
- Median grant
- $7,250
- Total assets
- $3,694,185
- +5.0% vs 2024
- Primary geography
- Massachusetts (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to Pentucket Bank Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: One Merrimack Street, Haverhill, MA 01830-6231
Phone: (978) 372-7731
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pentucket Bank Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Emmaus Inc ($40K). Together the top 10 received $257K.
Grant Size Distribution
127 grants across all recorded years
The most common grant size was under $50K: 125 grants of 127 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 88% of grant dollars went to recipients in Massachusetts, 11% to recipients in New Hampshire, and 2% to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 40 itemized grants.
Cities
How Pentucket Bank Charitable Foundation Inc gives
- Giving grew 138% from 2022 to 2025. Method
- In 2025 it paid out 251% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $140K (2020) to $439K (2025). In 2025 it made 40 grants totaling $439K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Emmaus Inc Haverhill, MA | Exempt Purpose | $40,000 |
| Our Neighbors Table Amesbury, MA | Exempt Purpose | $37,500 |
| Haverhill Boys & Girls Club Haverhill, MA | Exempt Purpose | $33,333 |
| Liz Murphy Open Hand Pantry Haverhill, MA | Exempt Purpose | $25,000 |
| Merrimack Valley YMCA Lawrence, MA | Exempt Purpose | $25,000 |
| Salem School District Salem, NH | Exempt Purpose | $25,000 |
| Waystone Health & Human Services Lawrence, MA | Exempt Purpose | $25,000 |
| Haverhill's Brightside Haverhill, MA | Exempt Purpose | $21,000 |
| Essex Coummunity Habitat for Humanity Danvers, MA | Exempt Purpose | $12,500 |
| Lawrence Community Works Lawrence, MA | Exempt Purpose | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,694,185 | $127,137 | $441,660 | $439,332 | 40 | $441,652 | $127,129 | $176,034 |
| 2024 | $3,519,129 | $101,748 | $397,417 | $395,253 | 1 | $397,407 | $85,696 | $172,607 |
| 2023 | $3,472,649 | $186,586 | $346,217 | $298,890 | 43 | $300,709 | $186,392 | $158,588 |
| 2022 | $3,520,578 | $1,683,849 | $188,245 | $184,817 | 23 | $186,336 | $1,680,973 | $94,086 |
| 2021 | $2,330,287 | $587,379 | $159,530 | $157,533 | 20 | $158,830 | $103,059 | $83,416 |
| 2020 | $1,579,179 | $193,036 | $142,986 | $140,350 | 42 | — | $69,664 | $64,297 |
Under IRS private-foundation payout rules, Pentucket Bank Charitable Foundation Inc reported a distributable amount of $176K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grantees include organizations addressing a range of community needs. For example, Emmaus Inc says it serves people in need, including people experiencing homelessness, through housing and support services. Our Neighbors’ Table says it provides food to people experiencing food insecurity and supports regional food-system coordination. Northern Essex Community College describes its work as including student financial assistance and support for educational programs.
Other 2025 recipients include Housing Support Inc, which says it provides housing and related services to low-income, homeless, and handicapped individuals; Merrimack Valley Food Bank, whose stated focus is nutrition and hunger relief; and Project Home Again, which provides household goods to low-income families.
Grantmaking
In 2025, the foundation reported 40 grants totaling $439,332. Grants ranged from $1,000 to $40,000, with a median of $7,250. The largest grants listed were $40,000 to Emmaus Inc, $37,500 to Our Neighbors’ Table, and $33,333 to Haverhill Boys & Girls Club. Other notable grants included $25,000 each to Liz Murphy Open Hand Pantry, Merrimack Valley YMCA, Salem School District, and Waystone Health & Human Services.
The foundation reported $395,253 in grants across one grant in 2024 and $298,890 across 43 grants in 2023.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Timothy Schiavoni as clerk/director; Peter A. Carbone, Leanne Petrou, and Eric Landers as directors; Karl Denu as treasurer/director; and Stephen Jaskelevicus as president. Tricia Herdrich was listed as assistant treasurer as of May 2025. Eric Leuteritz was listed as president/director, with that role ending in January 2025.
Pentucket Bank Charitable Foundation Inc is led by Eric G Leuteritz, President & Director since 2024 (on filings since 2023); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eric G Leuteritz
President & Director
Director → President & Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Stephen Jaskelevicus
President
New on the 2025 filing
1 hr/week
No compensation reported
Karl J Denu
Treasurer & Director
Treasurer & Director → Treasurer, 2024
Treasurer → Treasurer & Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Leanne M. Petrou
Director
On filings since 2020
1 hr/week
No compensation reported
Peter A. Carbone
Director
On filings since 2020
1 hr/week
No compensation reported
Timothy Schiavoni
Clerk & Director
Clerk & Director → Clerk, 2024
Clerk → Clerk & Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Eric S. Landers
Director
On filings since 2022
1 hr/week
No compensation reported
Tricia Herdrich
Assistant Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (6)
- Former: Leanne M Eastman (2024) — Director
- Former: Jonathan Dowst (2020–2023) — President & Director
- Former: Carol Wilson (2022–2023) — Director
- Former: Greg Shaw (2020–2022) — Director
- Former: Scott D. Cote (2020–2021) — President & Director
- Former: David A. Bennett (2020) — Treasurer & Director · Filing note: Retired
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Pentucket Bank Charitable Foundation Inc
How much does Pentucket Bank Charitable Foundation Inc give each year?
Pentucket Bank Charitable Foundation Inc gave $439K across 40 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $395K across 1 grant.
What is Pentucket Bank Charitable Foundation Inc's typical grant size?
Pentucket Bank Charitable Foundation Inc's median grant in 2025 was $7,250, and its average grant was $10,983, across 40 grants on its 2025 IRS Form 990-PF.
Where does Pentucket Bank Charitable Foundation Inc give grants?
Pentucket Bank Charitable Foundation Inc gives mostly in Massachusetts: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Hampshire (11%). The most frequent recipient cities were Haverhill, MA (13 grants), Lawrence, MA (8 grants), Salem, NH (3 grants) and North Andover, MA (3 grants).
Who are Pentucket Bank Charitable Foundation Inc's largest grantees?
Pentucket Bank Charitable Foundation Inc's largest 2025 grantees include Emmaus Inc ($40,000), Our Neighbors Table ($37,500) and Haverhill Boys & Girls Club ($33,333), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is Pentucket Bank Charitable Foundation Inc?
Pentucket Bank Charitable Foundation Inc reported $3.7M in total assets on its 2025 IRS Form 990-PF. It paid out $442K in qualifying distributions that year, against a required minimum of $176K (roughly 5% of its investment assets).
What does Pentucket Bank Charitable Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grantees include organizations addressing a range of community needs. For example, Emmaus Inc says it serves people in need, including people experiencing homelessness, through housing and support services. See mission & focus areas ↑
How do I apply for a grant from Pentucket Bank Charitable Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Pentucket Bank Charitable Foundation Inc's EIN?
Pentucket Bank Charitable Foundation Inc's EIN (Employer Identification Number) is 45-4083884. IRS Form 990 filing data is available on this page for 2020–2025.
Does Pentucket Bank Charitable Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 19, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 13, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Pentucket Bank Charitable Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Pentucket Bank Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/pentucket-bank-charitable-foundation-inc-morg_a6f5f3eb48a846a4b45cd1d16c3f138e
BibTeX
@misc{grantable_454083884_2026,
author = {{Grantable}},
title = {{Pentucket Bank Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pentucket-bank-charitable-foundation-inc-morg_a6f5f3eb48a846a4b45cd1d16c3f138e},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Pentucket Bank Charitable Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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