United Bank Foundation Massachusetts Inc

Organization Overview

United Bank Foundation Massachusetts Inc is located in Springfield, MA. The organization was established in 2006. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.

For the year ending 12/2020, United Bank Foundation Massachusetts Inc generated $862.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $3.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, United Bank Foundation Massachusetts Inc has awarded 313 individual grants totaling $1,379,551. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $126,294
Net Rental Income$0
Net Gain on Sale of Assets $736,150
Capital Gain Net Income $736,150
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $862,444

Grants Awarded

Over the last fiscal year, United Bank Foundation Massachusetts Inc has awarded $910,026 in support to 134 organizations.

Grant RecipientAmount

WAY FINDERS

PURPOSE: GRANT

$65,000

WAY FINDERS

PURPOSE: GRANT

$65,000

SISTERS OF PROVIDENCE HEALTH SYSTEM INC

PURPOSE: GRANT

$30,000

SPRINGFIELD MUSEUMS

PURPOSE: GRANT

$30,000

SPRINGFIELD MUSEUMS

PURPOSE: GRANT

$30,000

SPRINGFIELD OPERATIONS ECS

PURPOSE: GRANT

$30,000
View Grant Profile

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