Rockland Trust - East Boston Savings
Rockland Trust - East Boston Savings is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKLAND, MA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 43 grants totaling $179K. Net investment income was $14.7M.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$179K
-74.0% YoY
Grant Count
43
-71.3% YoY
Avg Grant Size
$4K
-9.2% YoY
Under IRS private-foundation payout rules, Rockland Trust - East Boston Savings reported a distributable amount of $474K for 2022 — the minimum it must pay out in qualifying distributions.
About Rockland Trust - East Boston Savings
Based on IRS filings
Rockland Trust - East Boston Savings is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKLAND, MA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 43 grants totaling $179K. Net investment income was $14.7M.
Focus Areas
Ready to take the next step with Rockland Trust - East Boston Savings?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $13,975,996 | $9,637,159 |
| Revenue | $12,223,388 | $557,039 | $512,995 |
| Expenses | $518,800 | $701,954 | $602,582 |
| Qualifying Distributions | $286,754 | $700,454 | — |
| Net Investment Income | $14,696,877 | $626,015 | $635,030 |
| Distributable Amount | $473,797 | $608,918 | $438,204 |
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 2022
Grant Size Distribution
143 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include East Boston Harborside Community School Inc ($10,000), Lynn Shelter Association Inc ($10,000), Hawc ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLSTON BRIGHTON COMM DEV CORP BRIGHTON, MA | EXEMPT PURPOSE | $5,000 |
| BACKPACKS FOR NEW BEGINNINGS INC MEDFIELD, MA | EXEMPT PURPOSE | $2,500 |
| BIRCHES SCHOOL INC LINCOLN, MA | EXEMPT PURPOSE | $1,000 |
| BOYS & GIRLS CLUB OF GREATER SALEM SALEM, MA | EXEMPT PURPOSE | $5,000 |
| BUSINESSES UNITED IN INVESTING LENDING AND DEVELOPMENT BOSTON, MA | EXEMPT PURPOSE | $5,000 |
| CARE DIMENSIONS DANVERS, MA | EXEMPT PURPOSE | $5,000 |
| CITIZENS INN PEABODY, MA | EXEMPT PURPOSE | $5,000 |
| CITY MISSION INC BOSTON, MA | EXEMPT PURPOSE | $5,000 |
| CODMAN ACADEMY FOUNDATION DORCHESTER, MA | EXEMPT PURPOSE | $5,000 |
| CRISTO REY BOSTON HIGH SCHOOL BOSTON, MA | EXEMPT PURPOSE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD H SEKSAY | PRESIDENT/CHAIR OF THE BOARD | 1 | — |
| ALEXANDRA ANTONINO | TREASURER | 1 | — |
| JOSHUA HANSON | ASSISTANT TREASURER | 1 | — |
| ANDREA BOROWIECKI | CLERK/SECRETARY | 1 | — |
| DAVID HOUSTON | DIRECTOR | 1 | — |
| ALASTAIR IRONSIDE | DIRECTOR | 1 | — |
| MARGARET MCCARTHY | DIRECTOR | 1 | — |
| EDWARD MERRITT | DIRECTOR | 1 | $2,000 |
| GERALD NADEAU | DIRECTOR | 1 | — |
| PATRICIA NATALE | DIRECTOR | 1 | — |
| JEFFREY SMITH | DIRECTOR | 1 | — |
| SCOTT SMITH | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rockland Trust - East Boston Savings?
Rockland Trust - East Boston Savings is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKLAND, MA. It holds — in total assets as of 2022.
Where does Rockland Trust - East Boston Savings operate?
Rockland Trust - East Boston Savings has awarded grants in District of Columbia, Kentucky, Massachusetts.
What size grants does Rockland Trust - East Boston Savings award?
In 2022, Rockland Trust - East Boston Savings awarded 43 grants totaling $179K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Rockland Trust - East Boston Savings required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Rockland Trust - East Boston Savings reported a distributable amount of $474K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rockland Trust - East Boston Savings's EIN?
Rockland Trust - East Boston Savings's EIN (Employer Identification Number) is 04-3406328. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Rockland Trust - East Boston Savings's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.