Grants in Our Communities
Eastern Bank is committed to helping communities prosper. That's why we're proud to give an average of 10% of our net income every year to charity. Since 1999, we have donated more than $140 million in charitable giving.
Eastern Bank Charitable Foundation is the charitable arm of Eastern Bank and provides three types of grant opportunities. See below to determine which type works best for your organization.
All applications must be submitted online through our portal. We will not accept paper or email requests or letters of inquiry. If you are a first-time applicant on our online system, you will need to register yourself as a new user. Your email address is your unique identifier and can be associated with only one organization. If you are affiliated with more than one organization, please obtain additional email addresses and register for each organization separately.
We remain committed to these grants throughout our footprint and have committed a total of $5MM to support our communities in 2020.
We also seek to also have a deeper and more meaningful impact to promote economic inclusion and mobility across our region. We are in the process of determining the best way for us to do this, and more information will be posted here as we have it.
Click Here to Apply for a Grant
See Which Grant is Right for your Organization
Grant Categories
Our Charitable Foundation currently accepts several types of grant requests:
- Community Grants
- CITC Grants
- Neighborhood Grants
Please carefully read the grant descriptions below to determine which type of grant is most appropriate for your request.
Should you have questions on the application process or the appropriate category for your request, please do not hesitate to contact us at foundation@easternbank.com or 781-598-7596.
Community Grants
Community Grants are awarded on a rolling basis throughout the year. Requests to support programs, projects, and event sponsorships are eligible.
ELIGIBILITY REQUIREMENTS:
The organization:
- Must have a 501(c)(3) designation
- Cannot have an IRS subclassification of 509(a)(3)
- Cannot be a private foundation
AWARD AMOUNTS:
The average Community Grant is $2,900. The maximum award for a Community Grant is $10,000.
Our Foundation does not make multi-year commitments.
SUBMISSION DEADLINE:
Requests are reviewed on a rolling basis.
In approximately 60 days of receiving your grant request, you will be notified of the Committee's decision.*
*Applications for events should be submitted at least 60 days before your earliest print deadline.
Apply Now
CITC Grants
CITC grants are awarded to community development corporations in MA who are registered to participate in the program and have received an allocation for CITC credit.
You will need to include your Community Investment Plan (CIP) Executive Summary as required by the MACDC with your application.
ELIGIBILITY REQUIREMENTS:
The organization:
- Must have a 501(c)(3) designation
- Must be a community development corporation
- Must be registered to participate in the CITC program
- Must have received an allocation for CITC credit
AWARD AMOUNTS:
The average CITC grant is less than $10,000. The maximum award for a CITC grant is $15,000.
Our Foundation does not make multi-year commitments.
SUBMISSION DEADLINE:
Requests are reviewed on a rolling basis.
In approximately 60 days of receiving your grant request, you will be notified of the Committee's decision.*
*Applications for events should be submitted at least 60 days before your earliest print deadline.
Apply Now
Neighborhood Grants
Neighborhood Grants are available to support organizations that do not have 501(c)(3) designation.
Typically this includes fundraisers, local youth-related activities, chamber of commerce events, trade organizations.
ELIGIBILITY REQUIREMENTS:
Your organization cannot have a 501(c)(3) IRS designation.
AWARD AMOUNTS:
The average Neighborhood Grant is $2,000. The maximum award for a Neighborhood Grant is $10,000.
Our Foundation does not make multi-year commitments.
SUBMISSION DEADLINE:
Requests are reviewed on a rolling basis.
Within 60 days of receiving your grant request, you will be notified of the Committee's decision.*
*Applications for events should be submitted at least 60 days before your earliest print deadline.
Apply Now
Grants for Good
In 2019, we donated $1MM to programs designed to Enrich Early Childhood Development through our support of dozens of organizations across Eastern's footprint. Below is more information on these Grants for Good.
We continue to believe that every child deserves the best possible opportunity for a bright future.
And so, we will continue our focus on Enriching Early Childhood into 2020.
We also look to join with other progressive companies across our region interested in advancing this cause. More to come on this as well. Stay tuned!
If we can assist in answering any questions, please reach out to us at foundation@easternbank.com or 781-598-7596.
CONGRATULATIONS TO OUR 2019 GRANTS FOR GOOD RECIPIENTS:
To download and view a list of organizations receiving a 2019 Grants for Good, click here.
2019-2020 Charitable Giving Impact Category
The Eastern Bank Charitable Giving Impact Category for 2019-2020 is:
ENRICHING EARLY CHILDHOOD DEVELOPMENT
Learn More
Our goal is to support impactful organizations across our geographic footprint, contributing to the health and vitality of the communities we serve. Download and view a list of 2019 Organizations that we donated to or committed to in the amount of $1,000 or more, click here.
In 2019, we donated nearly $10MM to charitable organizations throughout eastern MA and coastal and southern NH. The grants ranged from $100 to $100,000. We supported a diverse array or organizations and the grants that were made in 2019 are grouped in the following categories:
| Mission Area |
2019 Support Level |
| Human Services |
18.5% |
| Early Childhood Development* |
16.39% |
| Family & Children |
14.46% |
| Education |
12.5% |
| Social Justice |
10.82% |
| Healthcare |
8.86% |
| Economic Revitalization |
8.85% |
| Affordable Housing |
4.56% |
| Arts/Culture |
3.56% |
| Other |
1.49% |
*2019 Targeted Grant Category
