South Shore Bank Charitable

SOUTH WEYMOUTH, MA EIN: 04-3356807

South Shore Bank Charitable Foundation Inc is a private, company-sponsored foundation established in 1996 and based in South Weymouth, Massachusetts. The foundation operates as a 501(c)(3) tax-exempt organization and has been tax-exempt since April 1997.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-1.7% YoY

Annual Giving

$385K

-11.5% YoY

Grant Count

130

-2.3% YoY

Avg Grant Size

$3K

-9.5% YoY

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

Mission & Focus Areas

The foundation supports organizations involved with:

  • Arts and culture
  • Education
  • Health
  • Human services
  • Community development

The foundation's grantmaking is primarily focused on Massachusetts-based organizations.

Grantmaking

The foundation does not currently list live grant opportunities or published application guidelines in available sources.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in Massachusetts.

Grant Distribution by State

2states

Cities

AbingtonBostonBraintreeBridgewaterBrocktonBryantvilleCambridgeCantonCohassetDorchesterDuxburyEast BridgewaterEast WeymouthEastonFoxboroughHanoverHansonHinghamHullJamaica Plain

Financial History

Multi-year comparison from IRS filings

Fiscal Year Ending March 2024:

  • Total assets: $2,440,640
  • Total revenue: $109,007
  • Total expenses: $410,306
  • Investment income and dividends: $54,080
  • Net gain from sale of non-inventory assets: $54,927

Staffing: The foundation operates with 0 employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$128K$256K$383K$511K20202021202220232024
Metric202420232022
Total Assets$2,440,640$2,482,631$3,180,952
Revenue$109,007$164,748$305,936
Expenses$410,306$464,688$414,776
Qualifying Distributions$385,175$435,310$375,900
Net Investment Income$86,876$137,940$273,231
Distributable Amount$115,739$132,339$164,719

Giving Over Time

Total grant dollars and number of grants per year

$0$109K$218K$326K$435K75 grants202073 grants2021114 grants2022133 grants2023130 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FATHER BILL'S & MAINSPRING$50KFRIENDSHIP HOME$15KCARDINAL CUSHING CENTER$10KCARDINAL CUSHING CENTERS$10KCELL PHONES FOR SOLDIERS$10KATLANTIC SYMPHONY ORCHES…$5KBIG SISTER ASSOCIATION O…$5KBRAINTREE JULY 4TH COMMI…$5KCARDINAL CUSHING CENTERS$5KFRIENDSHIP HOME$5K

Grant Size Distribution

250 grants across all recorded years

249<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ARTHUR H SHARPDIRECTOR1
PAMELA O'LEARYVP/DIRECTOR1
JAMES M DUNPHYPRESIDENT/DIRECTOR1
MARGARET K SPAGONEDIRECTOR1
DANIEL W BRENNANTREASURER & CLERK1
JOSEPH C SULLIVANCHAIRMAN/DIRECTOR1
MARISA O'DWYERDIRECTOR1

Recent News & Activity

Recent developments and announcements

South Shore Bank provided a $100,000 grant to Father Bill's & MainSpring's Yawkey Housing Center, demonstrating the foundation's commitment to human services and community development initiatives in the region.

Father Bill's & MainSpring Company Overview, Contact Details ...

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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