Malden Industrial Aid Society Co Eastern Bank | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Malden Industrial Aid Society Co Eastern Bank. Data shown is extracted from Form 990-PF filings.

EIN: 04-2104686

Foundation Overview

Based in Saugus, MA, Malden Industrial Aid Society Co Eastern Bank has awarded 25 grants totaling $163,550 to organizations in Massachusetts. Individual grants range from $2,050 to $27,000, with a median award of $5,000.

Latest Tax Year
2018
Total Giving (all years)
$163,550
Total Assets
$1,092,679
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
9
Median Grant
$5,000
% Median Grant Growth
+43% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: June 2019

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Balanced Approach: 33%

3 of 9 recipients (33%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.

Geographic Focus
Massachusetts

100% of all grants are concentrated in Massachusetts, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Massachusetts, funding concentrates in Malden (96%), Cambridge (4%).

Funding Trajectory
-11%

Declining funding trend with 11% decrease over 2 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Malden Industrial Aid Society Co Eastern Bank's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
City Of Malden $13,500 Malden, MA, US Charitable 2018
Housing Families $4,000 Malden, MA, US Charitable 2018
Kid's Place $7,500 Malden, MA, US Charitable 2018
Malden Kiwanis $2,500 Malden, MA, US Charitable 2018
Malden Public Library $3,000 Malden, MA, US Charitable 2018
Malden Ymca $5,000 Malden, MA, US Charitable 2018
Malden Ywca $5,000 Malden, MA, US Charitable 2018
Massachusetts Alliance Of Portuguese Speakers $6,000 Cambridge, MA, US Charitable 2018
Mystic Valley Elder Services $5,000 Malden, MA, US Charitable 2018
Chinese Culture Connection $2,050 Malden, MA, US Charitable 2017
City Of Malden $27,000 Malden, MA, US Charitable 2017
Housing Families $5,000 Malden, MA, US Charitable 2017
Kid's Place $7,500 Malden, MA, US Charitable 2017
Malden Public Library $3,000 Malden, MA, US Charitable 2017
Malden Ymca $3,500 Malden, MA, US Charitable 2017
Malden Ywca $3,500 Malden, MA, US Charitable 2017
Tailored For Success Inc $2,500 Malden, MA, US Charitable 2017
City Of Malden $15,000 Malden, MA, US Charitable 2016
Eastern Middlesex Alcoholism Services $7,500 Malden, MA, US Charitable 2016
Housing Families $7,500 Malden, MA, US Charitable 2016
Kid's Place $7,500 Malden, MA, US Charitable 2016
Malden Public Library $3,000 Malden, MA, US Charitable 2016
Malden Ymca $10,000 Malden, MA, US Charitable 2016
Mystic Valley Elder Service $5,000 Malden, MA, US Charitable 2016
The Beebe $2,500 Malden, MA, US Charitable 2016

Foundations Similar to Malden Industrial Aid Society Co Eastern Bank

Discover 5 foundations with comparable assets ($1,073,322-$1,096,030), similar grant patterns, and geographic focus in MA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 26-1633993 | 83 grants awarded
$1,092,961
(≈ Similar)
$5,000
median grant
Boston, MA
Same state
100%
Excellent match

EIN: 22-6884332 | 162 grants awarded
$1,096,030
(≈ Similar)
$2,500
median grant
Newburyport, MA
Same state
100%
Excellent match

EIN: 04-6756976 | 49 grants awarded
$1,082,607
(≈ Similar)
$5,000
median grant
Cambridge, MA
Same state
100%
Excellent match

EIN: 87-4025693 | 32 grants awarded
$1,080,049
(≈ Similar)
$5,000
median grant
Newton, MA
Same state
99%
Excellent match

EIN: 22-2908697 | 130 grants awarded
$1,073,322
(≈ Similar)
$2,500
median grant
North Uxbridge, MA
Same state
99%
Excellent match

Contact Information

Official contact details for Malden Industrial Aid Society Co Eastern Bank as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 04-2104686
Website N/A
Address 605 BROADWAY LF 41 Saugus, MA 01906-3283

Key People (11)

Board members, trustees, and key staff who oversee Malden Industrial Aid Society Co Eastern Bank's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Past President Eleanor Cushing
President Aj Breslin
Vice President Deborah Burke
Treasurer Josefina Silva
Secretary George Simopoulos

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Malden Industrial Aid Society Co Eastern Bank is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated June 2019 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.