Belmont Savings Bank Foundation

BELMONT, MA EIN: 45-3029284

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

Annual Giving

$2.9M

+1397.6% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$1.4M

+2895.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$715K$1M$2M$3M4 grants20205 grants20217 grants20224 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Town of Belmont Massachu…$2.9MBelmont Education Founda…$10K

Grant Size Distribution

22 grants across all recorded years

18<$50K1$50–100K2$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Belmont Savings Bank Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Robert J MorrisseyChairman$500M Patricia BruschTreasurer$500Hal R TovinSecretary$500S Warren FarrellDirector$500

From 2024 filing

NameTitleHoursCompensation
Robert J MorrisseyChairman0.5$500
M Patricia BruschTreasurer0.5$500
Hal R TovinSecretary0.5$500
S Warren FarrellDirector0.5$500

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

BelmontLincoln

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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