Unibank Charitable Foundation Inc
Unibank Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITINSVILLE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 8 grants totaling $187K. Net investment income was $116K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
+35.5% YoY
Annual Giving
$187K
+43.8% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$23K
-28.1% YoY
Under IRS private-foundation payout rules, Unibank Charitable Foundation Inc reported a distributable amount of $271K for 2024 — the minimum it must pay out in qualifying distributions.
About Unibank Charitable Foundation Inc
Based on IRS filings
Unibank Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITINSVILLE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 8 grants totaling $187K. Net investment income was $116K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,300,228 | $4,648,813 | $3,211,445 |
| Revenue | $1,313,477 | $1,039,530 | $983,673 |
| Expenses | $253,555 | $171,142 | $130,178 |
| Qualifying Distributions | $187,000 | $130,067 | $95,339 |
| Net Investment Income | $116,017 | $77,800 | $45,412 |
| Distributable Amount | $270,562 | $186,599 | $134,634 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Open Grants
1 open opportunity from Unibank Charitable Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Whitin Community Center ($50,000), Waters Farm Preservation Inc ($30,000), Daniels Farmstead Foundation Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DANIELS FARMSTEAD FOUNDATION INC BLACKSTONE, MA | COMMUNITY SUPPORT | $25,000 |
| OPEN SKY COMMUNITY SERVICES WORCESTER, MA | COMMUNITY SUPPORT | $20,000 |
| WHITIN COMMUNITY CENTER WHITINSVILLE, MA | COMMUNITY SUPPORT | $50,000 |
| SOORP ASDVADZADZIN ARMENIAN APOSTOLIC CHURCH WHITINSVILLE, MA | COMMUNITY SUPPORT | $25,000 |
| UPTON HISTORICAL SOCIETY INC UPTON, MA | COMMUNITY SUPPORT | $2,000 |
| SUTTON HISTORICAL SOCIETY INC SUTTON, MA | COMMUNITY SUPPORT | $10,000 |
| PEOPLE FIRST FOOD PANTRY OF UXBRIDGE UXBRIDGE, MA | COMMUNITY SUPPORT | $25,000 |
| WATERS FARM PRESERVATION INC SUTTON, MA | COMMUNITY SUPPORT | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY P WICKSTROM | PRESIDENT | 1 | — |
| JOHN T ANDREOLI | DIRECTOR | 1 | — |
| NOBO SIRCAR | TREASURER | 1 | — |
| DENISE H BROOKHOUSE | DIRECTOR | 1 | — |
| JAY M CAHILL | DIRECTOR | 1 | — |
| JOHN P MIERSMA | DIRECTOR | 1 | — |
| KATHLEEN SALMON-ROBINSON | DIRECTOR | 1 | — |
| MARY E THOMPSON | CLERK | 1 | — |
| GREGORY H CAHILL | DIRECTOR | 1 | — |
| CHRISTOPHER D FOLEY | DIRECTOR | 1 | — |
| CHRISTINA M MENARD | DIRECTOR | 1 | — |
| MICHAEL W WELCH | DIRECTOR | 1 | — |
| TIMOTHY P WICKSTROM JR | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Unibank Charitable Foundation Inc?
Unibank Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITINSVILLE, MA. It holds $6.3M in total assets as of 2024.
How large is Unibank Charitable Foundation Inc?
As of 2024, Unibank Charitable Foundation Inc holds $6.3M in total assets with $1.3M in annual revenue. It awarded 8 grants totaling $187K in 2024.
Where does Unibank Charitable Foundation Inc operate?
Unibank Charitable Foundation Inc has awarded grants in Massachusetts.
What size grants does Unibank Charitable Foundation Inc award?
In 2024, Unibank Charitable Foundation Inc awarded 8 grants totaling $187K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Unibank Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Unibank Charitable Foundation Inc reported a distributable amount of $271K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Unibank Charitable Foundation Inc's EIN?
Unibank Charitable Foundation Inc's EIN (Employer Identification Number) is 83-2917209. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Unibank Charitable Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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