EBCF: Impact Grants
Funding Amount
US $50,000 - US $150,000
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Required status
- 501(c)(3) tax-exempt status
Not eligible / not funded
- Not eligible: 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.
Overview
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.
Our Impact Grants support organizations that are advancing economic inclusion and mobility in one or more of our five strategy areas:
Impact Grants can be multi-year, and generally range from $50,000 to $150,000.
Eligibility
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.
What Eastern Bank Foundation actually gave
Source: IRS Form 990-PF, 2025
- Grants in 2025
- 1,786
- Total given
- $19.02M
- Median grant
- $2,500
- Range
- $50–$2M
- By dollars: Massachusetts 91%, New Hampshire 5%, Rhode Island 2%. Top recipient cities: Boston, MA; Cambridge, MA; Manchester, NH.
Example grants
City of Lynn · Lynn, MA
$2M
Massachusetts Housing Partnership · Boston, MA
$1.54M
La Colaborativa · Chelsea, MA
$1M
Nectar Community Investments (FKA Lowell Community Loan Fund DBA McCi - FBE · Lawrence, MA
$900K
The Greater Boston Food Bank · Boston, MA
$515K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Economic services
- Workforce development
- Affordable housing
- Nonprofits
Categories
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