Private Foundation

Belmont Savings Bank Foundation

Based in Belmont, MA, Belmont Savings Bank Foundation operates as a Private Foundation. The organization reported $36K in revenue, $49K in expenses, $927K in total assets for fiscal year 2025. Imperigo tracks 23 reported grants from this foundation totaling approximately $3.4M.

EIN: 453029284 Belmont, MA Private Grantmaking Foundations NTEE: T20 Latest filing: 2025

Organization Summary

Grants Given 23

Filing History 2021–2025

Grant Total $3.4M

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Financial Snapshot · 2025

Total Revenue $36K

Total Expenses $49K

Total Assets $927K

Total Revenue$36K

Total Expenses$49K

Total Assets$927K

Grants Given23

Grant Total$3.4M

Filing Years2021–2025

Sample Grants Given

Belmont Education Foundation

Belmont, MA · 2025

Outstanding teacher awards

$10,000

Town of Belmont Massachusetts

Belmont, MA · 2024

Library and ice rink projects

$2,850,000

Belmont Education Foundation

Belmont, MA · 2024

Outstanding teacher awards

$10,000

Town of Belmont Massachusetts

Belmont, MA · 2023

Constrution of new rink

$150,000

Belmont After School Enrichment Collaborative

Belmont, MA · 2023

Construction of climbing wall in Burbank School gym

$15,972

Showing up to 5 of 23 total records — full history available with membership.

Officers & Directors

Secretary Hal R Tovin

Treasurer M Patricia Brusch

Chairman Robert J Morrissey

Director S Warren Farrell

Officer compensation and complete director data available with membership.

Top Grant Purposes

Library and ice rink projects

$2,850,000 1 grant

Constrution of new rink

$150,000 1 grant

Belmont Police Department Renovations

$100,000 1 grant

Piano for Belmont Public Schools

$77,985 1 grant

Welcome Center

$25,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2025	$36K	$49K	$927K
2024	$167K	$3.0M	$940K
2023	$5.4M	$297K	$3.7M
2022	$219K	$272K	$6.4M
2021	$262K	$135K	$6.7M

Between 2021 and 2025, reported annual revenue declined from $262K to $36K (-86%), with total assets most recently reported at $927K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA.

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Belmont Savings Bank Foundation

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