Peoplesbank Charitable Foundation Inc
Peoplesbank Charitable Foundation Inc is a private foundation based in Holyoke, Massachusetts. It makes grants to qualified public charities located in or contributing to communities served by Peoples Bank; its 2025 grants went primarily to organizations in Massachusetts and Connecticut.
Peoplesbank Charitable Foundation Inc at a glance
In short: Peoplesbank Charitable Foundation Inc gave $641K across 67 grants in 2025 (avg $10K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $640,761
- +5.8% vs 2024
- Grants made (2025)
- 67
- -34.3% vs 2024
- Average grant
- $9,564
- +61.0% vs 2024
- Median grant
- $10,000
- Total assets
- $17,346,413
- +150.7% vs 2024
- Primary geography
- Massachusetts (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Peoplesbank Charitable Foundation Inc
- How to Apply
-
The filing lists Matthew Bannister as the contact and says to see the application for the form and materials. Eligible applicants are 501(c)(3) public charities qualified under IRC Section 170(c) to receive tax-deductible donations and located in or contributing to communities served by Peoples Bank.
- Review Cycle
- No particular deadlines.
- Deadline
- No particular deadlines.
- Contact
Application contact: Matthew Bannister
Mailing address: 330 Whitney Ave, Holyoke, MA 01040
Phone: (413) 493-8704
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Peoplesbank Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was St Patrick's Committee of Holyoke Inc ($59K). Together the top 10 received $269K.
Grant Size Distribution
254 grants across all recorded years
The most common grant size was under $50K: 249 grants of 254 (98%).
Geographic Focus
Where this funder awards grants
The foundation’s stated eligibility covers charities located in or contributing to Peoples Bank’s communities served. In 2025, 79% of grant dollars went to recipients in Massachusetts, 18% to Connecticut, and 2% to New York.
Grant Distribution by State
Share of 2025 grant dollars across all 67 itemized grants.
States
Cities
How Peoplesbank Charitable Foundation Inc gives
- 34% of 2025 grantees were also funded in 2024. Method
- Giving grew 114% from 2022 to 2025. Method
- In 2025 it paid out 186% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $150K (2020) to $641K (2025). In 2025 it made 67 grants totaling $641K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Patrick's Committee of Holyoke Inc Holyoke, MA | Exempt Purpose | $59,000 |
| Springfield Day Nursery DBA Square One Springfield, MA | Exempt Purpose | $35,000 |
| Bay Path University Longmeadow, MA | Exempt Purpose | $25,000 |
| Behavioral Health Network Springfield, MA | Exempt Purpose | $25,000 |
| Jewish Foundation of Greater Hartford West Hartford, CT | Exempt Purpose | $25,000 |
| Springfield Jewish Community Center Springfield, MA | Exempt Purpose | $21,429 |
| Boys & Girls Club of Chicopee Inc Chicopee, MA | Exempt Purpose | $20,000 |
| Dress for Success Boston, MA | Exempt Purpose | $20,000 |
| The Care Center Holyoke, MA | Exempt Purpose | $20,000 |
| Spirit of Springfield Springfield, MA | Exempt Purpose | $19,000 |
Ready to take the next step with Peoplesbank Charitable Foundation Inc?
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 | $17,346,413 | $10,307,043 | $714,175 | $640,761 | 67 | $665,498 | $1,851,753 | $356,934 |
| 2024 | $6,920,305 | $574,822 | $675,376 | $605,800 | 102 | $627,394 | $545,635 | $333,241 |
| 2023 | $6,873,179 | $291,617 | $566,697 | $479,800 | 52 | $501,978 | $240,330 | $319,241 |
| 2022 | $6,554,194 | $419,326 | $396,337 | $300,000 | 21 | $318,967 | $407,240 | $319,397 |
| 2021 | $7,181,142 | $4,006,810 | $381,466 | $300,000 | 12 | $318,215 | $1,814,651 | $285,013 |
| 2020 | $3,019,569 | $-14,482 | $192,153 | $150,000 | 8 | — | $51,824 | $129,147 |
Under IRS private-foundation payout rules, Peoplesbank Charitable Foundation Inc reported a distributable amount of $357K 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 separate mission statement for the foundation is provided. Its grants include organizations whose own missions address areas such as education, behavioral and developmental health, youth development, hunger, homelessness, and cultural and civic events. For example, Behavioral Health Network says its mission is to help individuals, families, and communities improve quality of life for people with behavioral and developmental challenges. Connecticut Foodshare says it works to deliver an informed and equitable response to hunger, while Christina’s House says it meets the needs of women and children experiencing or at risk of homelessness in the Springfield area.
Grantmaking
In 2025, the foundation awarded 67 grants totaling $640,761. Grants ranged from $35 to $59,000, with a median of $10,000. Among the largest were $59,000 to St Patrick’s Committee of Holyoke Inc; $35,000 to Springfield Day Nursery DBA Square One; $25,000 each to Bay Path University and Behavioral Health Network; and $25,000 to Jewish Foundation of Greater Hartford. The listed grant purposes were “exempt purpose.”
Other recent recipients include Bay Path University, which received $26,250 in 2024; Behavioral Health Network, which received $25,000; Spirit of Springfield, which received $19,000; and Boys & Girls Club of Chicopee, which received $10,000. Bay Path describes itself as a professionally focused undergraduate and graduate university serving learners through campus, online, master’s, and doctoral programs. Boys & Girls Club of Chicopee says it promotes young people’s health, social, educational, vocational, and character development through community services and youth activities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Todd Tallman as CEO/Chairman; Brian Canina as President/COO/Director; Hayes Murray as CFO/Treasurer/Clerk/Director; and Aleda DeMaria, Amy Roberts, Frank Crinella, and Inez Friedman-Boyce as directors. Matthew Bannister is listed as CRO.
Peoplesbank Charitable Foundation Inc is led by Todd Tallman, CEO & Chairman on the 2025 filing; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Todd Tallman
CEO & Chairman
New on the 2025 filing
1 hr/week
No compensation reported
Brian Canina
President, COO & Director
Treasurer, Clerk & Director → President, COO & Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Aleda Demaria
Director
On filings since 2020
1 hr/week
No compensation reported
Amy Roberts
Director
On filings since 2020
1 hr/week
No compensation reported
Frank Crinella
Director
On filings since 2021
1 hr/week
No compensation reported
Hayes Murray
CFO, Treasurer, Clerk & Director
Senior Vice President Finance → CFO, Treasurer, Clerk & Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Inez Friedman-Boyce
Director
New on the 2025 filing
1 hr/week
No compensation reported
Matthew Bannister
Cro
Director & Cro → Cro, 2022
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Thomas Senecal (2020–2024) — CEO & Chairman
- Former: Michael Oleksak (2020–2021) — Director
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 Peoplesbank Charitable Foundation Inc
How much does Peoplesbank Charitable Foundation Inc give each year?
Peoplesbank Charitable Foundation Inc gave $641K across 67 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $606K across 102 grants.
What is Peoplesbank Charitable Foundation Inc's typical grant size?
Peoplesbank Charitable Foundation Inc's median grant in 2025 was $10,000, and its average grant was $9,564, across 67 grants on its 2025 IRS Form 990-PF.
Where does Peoplesbank Charitable Foundation Inc give grants?
Peoplesbank Charitable Foundation Inc gives mostly in Massachusetts: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (18%). The most frequent recipient cities were Springfield, MA (14 grants), Holyoke, MA (9 grants), Hartford, CT (8 grants) and Northhampton, MA (5 grants).
Who are Peoplesbank Charitable Foundation Inc's largest grantees?
Peoplesbank Charitable Foundation Inc's largest 2025 grantees include St Patrick's Committee of Holyoke Inc ($59,000), Springfield Day Nursery DBA Square One ($35,000) and Bay Path University ($25,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is Peoplesbank Charitable Foundation Inc?
Peoplesbank Charitable Foundation Inc reported $17.3M in total assets on its 2025 IRS Form 990-PF. It paid out $665K in qualifying distributions that year, against a required minimum of $357K (roughly 5% of its investment assets).
What does Peoplesbank Charitable Foundation Inc fund?
No separate mission statement for the foundation is provided. Its grants include organizations whose own missions address areas such as education, behavioral and developmental health, youth development, hunger, homelessness, and cultural and civic events. See mission & focus areas ↑
How do I apply for a grant from Peoplesbank Charitable Foundation Inc?
The filing lists Matthew Bannister as the contact and says to see the application for the form and materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Peoplesbank Charitable Foundation Inc's EIN?
Peoplesbank Charitable Foundation Inc's EIN (Employer Identification Number) is 82-0954751. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Peoplesbank Charitable Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Peoplesbank Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/peoplesbank-charitable-foundation-inc-morg_4194fc7d8e214469aa68a409e1961a7e
BibTeX
@misc{grantable_820954751_2026,
author = {{Grantable}},
title = {{Peoplesbank Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/peoplesbank-charitable-foundation-inc-morg_4194fc7d8e214469aa68a409e1961a7e},
note = {Accessed 2026-10-16. 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 Peoplesbank 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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