EBCF: Impact Grants

EBCF: Impact Grants

Status: ACTIVE
Funder: Eastern Bank Foundation
Amount: US $50,000 - US $150,000
Last Updated: February 09, 2026

Summary

The Eastern Bank Foundation provides Impact Grants aimed at enhancing Economic Inclusion and Mobility for Low to Moderate Income (LMI) individuals and families. With a focus on advancing equity in small businesses, enriching early childhood development, ensuring affordable housing, and promoting workforce development, the foundation invested over $16 million in local organizations last year. Grants typically range from $50,000 to $100,000, supporting critical community needs across Massachusetts, New Hampshire, and Rhode Island.

Overview

Building Stronger Communities Together For more than 30 years, the Eastern Bank Foundation has been investing in organizations and people across Eastern Bank’s market area to help our communities thrive. As the philanthropic arm of Eastern Bank, we believe that Join Us For Good is more than just a tagline, it embodies how and why we do our work in Massachusetts, New Hampshire, and Rhode Island. We combine our philanthropy, volunteerism, and advocacy to change broken systems that have held many communities back for too long. As one of the region’s largest corporate foundations, we are committed to addressing some of the most pressing issues of our time—enhancing community vibrancy and building economic inclusion and mobility. Impact Grant Our Impact Grants support organizations that are advancing economic inclusion and mobility in one or more of our five strategy areas: Advancing equity in the small business ecosystemEnriching early childhood development (age 0-5)Securing safe and affordable housingPromoting workforce development for adults facing barriers to employment (age 26+)Innovating in economic inclusion and mobility Impact Grants can be multi-year, and generally range from $50,000 to $150,000.

Eligibility

You can learn more about this opportunity by visiting the funder's website. Supports not-for-profit organizations with IRS 501(c)(3) designation that provide support for individuals and families with Low- to Moderate-Income(LMI).

Ineligibility

Private Foundations and 501(c)(3) organizations with IRS sub-designation of 509(a)(3) are not eligible for donations or grants from the Eastern Bank Foundation.