Rockland Trust Charitable Foundation logo

Rockland Trust Charitable Foundation

ROCKLAND, MA EIN: 20-2668833 Website

The Rockland Trust Charitable Foundation is a private independent foundation based in Rockland, Massachusetts. Established in 2005, it operates as a 501(c)(3) organization with tax-exempt status since September 2005. The foundation is supported by Rockland Trust Company and focuses on philanthropic giving to strengthen the communities served by the bank.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$51.4M

+2.2% YoY

Annual Giving

$2.6M

+6.9% YoY

Grant Count

1

-99.7% YoY

Avg Grant Size

$2.6M

+36363.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Rockland Trust Charitable Foundation's mission is to strengthen the communities served by the Bank, enabling individuals and their families to access opportunity and improve the quality of their lives.

The foundation focuses its charitable giving in four main areas:

  • Education
  • Health and Human Services
  • Youth Programs
  • Community Development

Grantmaking

The foundation made 194 grants in its most recent fiscal year. Grant awards typically range from $1,000 to $2,606,563, with total giving of $2,606,563 in 2024.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts and Rhode Island.

Grant Distribution by State

5states

Cities

AlbanyAllstonAndoverArlingtonAttleboroAttleboro FallsAuburndaleBedfordBelmontBeverlyBostonBraintreeBridgewaterBrightonBrocktonBrooklineBurlingtonCambridgeCantonCarver

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $51,368,981
  • Total Revenues: $4,419,729
  • Total Expenses: $3,067,423
  • Total Liabilities: $750,000
  • Total Giving: $2,606,563

Revenue Breakdown (2024):

  • Investment income and dividends: $1,333,373
  • Net gain from sale of non-inventory assets: $3,039,472
  • Miscellaneous revenues: $46,437
  • Total grants and contributions: $447
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$51,368,981$50,266,676$47,431,460
Revenue$4,419,729$1,878,638$1,260,229
Expenses$3,067,423$3,072,369$1,167,965
Qualifying Distributions$3,058,321$2,833,886$960,892
Net Investment Income$4,169,891$1,671,134$1,142,733
Distributable Amount$2,398,856$2,376,041$822,203

Giving Over Time

Total grant dollars and number of grants per year

$0$652K$1M$2M$3M173 grants2020164 grants2021160 grants2022341 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Total Contribution Paid$2.6M

Grant Size Distribution

201 grants across all recorded years

200<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Open Grants

3 open opportunities from Rockland Trust Charitable Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Edward Seksay — President of the Rockland Trust Charitable Foundation
  • Andrea Borowiecki — Vice President of Charitable Giving & Community Engagement at Rockland Trust and Executive Director of Rockland Trust Charitable Foundation
  • Jeanne Travers — Rockland Trust Charitable Foundation (mentioned in grant announcement)

Compensation Overview

From 2024 IRS filing

DAVID HOUSTONDIRECTOR$2KSCOTT SMITHDIRECTOR$1K

From 2024 filing

NameTitleHoursCompensation
ALEXANDRA ANTONINOTREASURER (Resigned 4/17/2024)1
Jeanne L TraversCLERK1
DAVID HOUSTONDIRECTOR1$1,500
ALASTAIR IRONSIDEPRESIDENT/DIRECTOR1
MARGARET MCCARTHYDIRECTOR1
Gerard NADEAUDIRECTOR1
PATRICIA NATALEDIRECTOR1
SCOTT SMITHDIRECTOR1$1,000
STEPHEN JANECZKOASSISTANT TREASURER1
ANDREA BOROWIECKIVP Chari. Giving & Comm. Eng.1
Jennifer Banks-GoulartDIRECTOR1
Shefali DesaiDIRECTOR1
Lauren MahoneyDIRECTOR1
William MahoneyDIRECTOR1
Emily McDonaldDIRECTOR1
Mark MendesDIRECTOR1
Cheryl SpillaneDIRECTOR1
Joseph TavaresDIRECTOR1
Hanwar HarnettDIRECTOR1
Anthony DeangeloTREASURER (As of 4/18/2025)1

Recent News & Activity

Recent developments and announcements

2024

**March 2024:** The foundation launched its Diversity, Equity and Inclusion Grant Program, providing up to $15,000 to organizations for internal DEI projects. The program has distributed over $500,000 to 65 organizations since 2021.

Rockland Trust Charitable Foundations Grants $45,000 to MassBay Community\
2017

**August 2017:** The foundation presented a $100,000 grant to Stanley Street Treatment and Resources (SSTAR) in Fall River to support construction of a new 38,000 square foot facility. The facility was designed to increase capacity for substance use disorder services, including 30 detoxification beds, 30 short-term rehabilitation beds, a triage and assessment center, a federally qualified health center, and a medication-assisted treatment center.

Rockland Trust Charitable Foundations Grants $45,000 to MassBay Community\

The foundation has also made grants to support primary care expansion, community college education, and assistance to individuals and families in specific geographic areas including Martha's Vineyard.

Rockland Trust Charitable Foundation Donates $200,000 to Help Individuals\

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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