The Harborone Foundation is a private grantmaking foundation established in 2016 by HarborOne Bank to coincide with the bank's 100-year anniversary. Based in Brockton, Massachusetts, the foundation operates as a 501(c)(3) organization dedicated to supporting community organizations in the regions where HarborOne Bank operates.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.8M
+11.3% YoY
Annual Giving
$872K
+87.5% YoY
Grant Count
108
+80.0% YoY
Avg Grant Size
$8K
+4.2% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Housing and Homelessness: Affordable housing development, housing assistance, and services for homeless populations
- Community Development: Resident services and community development initiatives
- Youth Development: Work-based learning, education programs, and youth services
- Human Services: Veterans transition programs, meals and outreach services, and access to essential resources
Grantmaking
The foundation began operations with $100,000 in initial grants, including four $25,000 donations to Father Bill's and MainSpring, NeighborWorks Southern Mass, the Old Colony YMCA, and the Boys and Girls Club of Brockton.
Grant Range
$5,000 to $20,000
Average Grant
$8,125
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts (primary focus)
- Rhode Island
- New Hampshire
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $7,017,613
- Total Revenues: $296,227
- Total Expenses: $514,192
- Total Liabilities: $0
As of Most Recent Filing (2024):
- Total Assets: $7,812,345
- Total Giving: $872,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,812,345 | $7,017,613 | $8,080,380 |
| Revenue | $546,762 | $296,227 | $620,993 |
| Expenses | $1,179,223 | $514,192 | $501,765 |
| Qualifying Distributions | $1,013,848 | $496,168 | $486,549 |
| Net Investment Income | $503,391 | $279,950 | $607,862 |
| Distributable Amount | $383,527 | $335,845 | $413,762 |
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 2024
Grant Size Distribution
240 grants across all recorded years
Open Grants
1 open opportunity from The Harborone Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
James Blake - President of HarborOne Bank; involved in foundation establishment
Scott Sanborn - EVP and Chief Lending Officer, HarborOne Bank; involved in foundation partnerships
Jeffrey Sweet - VP Commercial Lending, HarborOne Bank
Brenda Diepold - EVP Retail Banking, HarborOne Bank
Jennifer White - VP Community & Public Relations, HarborOne Bank
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER WHITE | PRESIDENT | 12 | $86,112 |
| MAUREEN WILKINSON | TREASURER/SECRETARY | 12 | $107,990 |
| JOSEPH F CASEY | DIRECTOR | 1 | — |
| JEFFREY RUSSELL | DIRECTOR,COMMUNITY REPR. | 1 | — |
| BRENDA DIEPOLD | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has maintained an active grantmaking presence, with recent notable support including a $100,000 donation from HarborOne Bank (the foundation's parent organization) to Father Bill's & MainSpring for the Brockton Housing Resource Center project. This comprehensive facility addresses homelessness through short-term assistance and long-term permanent housing solutions, incorporating a full-service health clinic, clinical social workers, substance abuse case managers, and staff trained to help access food assistance and disability benefits.
HarborOne Foundation Awards Grant to South Boston Neighborhood House - HarborOneThe foundation continues to support organizations aligned with HarborOne Bank's core values of expanding opportunities, enriching lives, and strengthening communities in the regions it serves.
HarborOne Foundation Awards Grant to South Boston Neighborhood House - HarborOneSubject 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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