Private Foundation

Belmont Savings Bank Foundation

Based in Belmont, MA, Belmont Savings Bank Foundation operates as a Private Foundation. The organization reported $167K in revenue, $3.0M in expenses, $940K in total assets for fiscal year 2024. Imperigo tracks 22 reported grants from this foundation totaling approximately $3.4M.

EIN: 453029284 Belmont, MA Latest filing: 2024
Total Revenue$167K
Total Expenses$3.0M
Total Assets$940K
Grants Given22
Grant Total$3.4M
Filing Years2020–2024

Sample Grants Given

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
Belmont Food Collaborative Inc
Belmont, MA · 2023
SNAP food assistance program
$15,000

Showing up to 5 of 22 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
2024 $167K $3.0M $940K
2023 $5.4M $297K $3.7M
2022 $219K $272K $6.4M
2021 $262K $135K $6.7M
2020 $258K $229K $4.9M

Between 2020 and 2024, reported annual revenue declined from $258K to $167K (-35%), with total assets most recently reported at $940K.

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

Grant Geography

Grants from this foundation were reported to recipients in MA.

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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