Belmont Savings Bank Foundation

Organization Overview

Belmont Savings Bank Foundation is located in Belmont, MA. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont Savings Bank Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

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Board, Officers & Key Employees

Name (title)Compensation
M Patricia Brusch
Treasurer
$2,000
Robert J Morrissey
Chairman
$2,000
S Warren Farrell
Director
$2,000
Hal R Tovin
Secretary
$2,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $14
Dividends & Interest $261,696
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $261,710

Grants Awarded

Over the last fiscal year, Belmont Savings Bank Foundation has awarded $41,500 in support to 5 organizations.

Grant RecipientAmount

POWERS MUSIC SCHOOL

Org PageRecipient Profile

Belmont, MA

PURPOSE: MUSIC STORYTELLING PROGRAM

$12,000

BELMONT FOOD COLLABORATIVE INC

Org PageRecipient Profile

Belmont, MA

PURPOSE: FOOD ASSISTANCE PROGRAM

$10,000

BELMONT EDUCATION FOUNDATION

Org PageRecipient Profile

Belmont, MA

PURPOSE: EXCELLENCE IN LEARNING

$10,000

MASSACHUSETTS AUDUBON SOCIETY INC

Org PageRecipient Profile

Lincoln, MA

PURPOSE: BELMONT HABITAT EDUCATION CENTER - GOAT PEN ENCLOSURE

$6,500

BELMONT HIGH SCHOOL PTO

Org PageRecipient Profile

Belmont, MA

PURPOSE: SENIOR SEND-OFF PARTY

$3,000
View Grant Profile

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