Grants for Good
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 $120 million to non-profit organizations.
We focus our giving on supporting organizations that provide services to the underserved and neediest members of our community. We work to ensure that all our neighbors have equal access to employment, education, healthcare, housing, childcare, healthy meals and other essential support services.
The Eastern Bank Charitable Foundation currently accepts 3 types of grant requests: Community Grants, CITC Grants and Neighborhood Grants. See the chart below to determine which type of grant is most appropriate for your request.
Application Instructions
All applications must be submitted via our online application. We do not accept paper requests or letters of inquiry. If you are a first-time user of 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.
Click Here to Apply for a Grant
See Which Grant is Right for your Organization
Grant Categories
Our Charitable Foundation currently accepts 3 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 directly. Please email foundation@easternbank.com (preferred) or give us a call at 781-598-7530.
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 $2,500. 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 $5,000. 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 $1,500. 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
Targeted Grants
We are currently rethinking our Targeted Grant approach to make our giving even more impactful.
Please check back here in early May, 2019 for more details.
Learn More
Partnership Grants
We are currently rethinking our Partnership Grant approach to make our giving even more impactful.
Please check back here in early May, 2019 for more details.
Learn More
2019 Charitable Giving Impact Category
The Eastern Bank Charitable Giving Impact Category for 2019 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. We prefer to make smaller grants rather than a few large ones to increase the number of organizations and communities served. Download and view list of 2018 Organizations Receiving Donations of $1,000 or more, click here.
In 2018, we made grants totaling $12 million to charitable organizations throughout eastern MA and coastal and southern NH. The grants range in size from $100 to $100,000. We support a diverse array of organizations and the grants that were made in 2018 are grouped into the following categories:
| Mission Area |
2018 Support Level |
| Advancing Women* |
29% |
| Human Services |
22% |
| Family & Children |
12% |
| Education |
10% |
| Economic Revitalization |
7% |
| Healthcare |
7% |
| Social Justice |
7% |
| Other |
6% |
*2018 Targeted Grant Category
