Colonial Federal Savings Bank
Peabody, MA · EIN 87-4406794. Reported 119 grants totalling $1,100,577 to 77 recipients across tax years 2022-2025. This foundation did not tell the IRS it funds only preselected organizations.
Does this foundation accept applications?
Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Colonial Federal Savings Bank did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.
How big are its grants?
The median grant is $1,000. Half of everything it gave fell between $275 and $2,500; the smallest was $100 and the largest $105,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by name and state as they were written on the returns, so an organization entered under two different names appears twice. Years funded is the number of separate tax years in which that name received money.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Neighborworks Housing Solutions | Quincy, MA | $116,000 | 3 | 3 | 2025 |
| Interfaith Social Services | Quincy, MA | $110,000 | 2 | 2 | 2025 |
| Quincy Community Action Programs | Quincy, MA | $107,500 | 2 | 2 | 2025 |
| Weymouth Food Pantry | Weymouth, MA | $106,000 | 3 | 3 | 2025 |
| Germantown Neighborhood Food Pantry | Quincy, MA | $104,500 | 3 | 3 | 2025 |
| The Salvation Army | Alexadria, VA | $102,500 | 1 | 1 | 2025 |
| Holbrook Food Pantry | Holbrook, MA | $100,500 | 2 | 2 | 2025 |
| Adams Presidential Center | Quincy, MA | $100,000 | 1 | 1 | 2025 |
| Toal Contributions Paid | Quincy, MA | $57,101 | 1 | 1 | 2024 |
| Quincy Rotary Foundation | Quincy, MA | $28,500 | 2 | 2 | 2025 |
| The Boston Globe Foundation | Medford, MA | $15,000 | 2 | 2 | 2025 |
| The Angel Fund for Als Research | Wakefield, MA | $12,000 | 2 | 2 | 2025 |
| The Katie Crowell Foundation | Milton, MA | $12,000 | 2 | 2 | 2025 |
| Quincy Police Dare Program | Quincy, MA | $11,500 | 2 | 2 | 2025 |
| Quincy School Community Partnership | Quincy, MA | $11,200 | 2 | 2 | 2023 |
| Manet Community Health Center | Quincy, MA | $11,000 | 2 | 2 | 2025 |
| Caritas Communities | Braintree, MA | $10,000 | 2 | 2 | 2023 |
| Quincy School Community Partnersh | Quincy, MA | $10,000 | 1 | 1 | 2025 |
| The Salvation Army | Quincy, MA | $6,500 | 2 | 2 | 2023 |
| National Ms Society | New York, NY | $5,500 | 1 | 1 | 2025 |
| Interfaith Social Service | Quincy, MA | $5,000 | 1 | 1 | 2022 |
| Quincy City Club | Quincy, MA | $5,000 | 2 | 2 | 2025 |
| Quincy Department of Elder Servic | Quincy, MA | $5,000 | 1 | 1 | 2025 |
| Holbrook Middle-High School | Holbrook, MA | $4,500 | 3 | 3 | 2025 |
| New Quincy City Club | Quincy, MA | $2,500 | 1 | 1 | 2023 |
| Rotary Club of Quincy Charitable Foundation | Quincy, MA | $2,500 | 1 | 1 | 2023 |
| The Globe Santa Foundation | Medford, MA | $2,500 | 1 | 1 | 2023 |
| Quincy Youth Hockey Association | Quincy, MA | $2,150 | 2 | 2 | 2025 |
| Holbrook Public Library Fund | Holbrook, MA | $2,000 | 2 | 2 | 2025 |
| Maria Droste Counseling Services | Quincy, MA | $2,000 | 2 | 2 | 2023 |
| Town of Weymouth | Weymouth, MA | $2,000 | 2 | 2 | 2023 |
| Quincy Lions Club Charities | Quincy, MA | $1,750 | 2 | 2 | 2025 |
| Bizarbots Robotics | Holbrook, MA | $1,501 | 2 | 2 | 2025 |
| Quincy Friends of Scouting | Quincy, MA | $1,500 | 2 | 2 | 2023 |
| Mba Charitable Foundation | Boston, MA | $1,250 | 1 | 1 | 2022 |
| Bcnc | Boston, MA | $1,000 | 1 | 1 | 2025 |
| Holbrook Little League | Holbrook, MA | $1,000 | 2 | 2 | 2023 |
| Manet Community Health | North Quincy, MA | $1,000 | 1 | 1 | 2023 |
| National Ms Society | Waltham, MA | $1,000 | 2 | 2 | 2023 |
| Quincy Lions Charities Inc | Quincy, MA | $1,000 | 1 | 1 | 2022 |
| Quincy Police Dare | Quincy, MA | $1,000 | 1 | 1 | 2023 |
| Quincy Youth Baseballsoftball | Quincy, MA | $1,000 | 2 | 2 | 2023 |
| South Shore Food Bank | Boston, MA | $1,000 | 1 | 1 | 2023 |
| The Jimmy Kennedy Memorial Run for Als | Wakefield, MA | $1,000 | 1 | 1 | 2023 |
| Town of Holbrook | Holbrook, MA | $1,000 | 1 | 1 | 2022 |
| Mike's 5K to Crush Substance Abuse | Milton, MA | $750 | 2 | 2 | 2023 |
| Weymouth Little League | Weymouth, MA | $750 | 3 | 3 | 2025 |
| Weymouth Cal Ripken Baseball | Weymouth, MA | $550 | 2 | 2 | 2025 |
| Eastern Nazarene College | Quincy, MA | $500 | 1 | 1 | 2022 |
| Friendly Food Pantry - Randolph | Randolph, MA | $500 | 1 | 1 | 2022 |
| Holbrook Little League | Jackson, NJ | $500 | 1 | 1 | 2025 |
| Jeff Coombs Memorial Foundation | Abington, MA | $500 | 1 | 1 | 2022 |
| Quincy Art Association | Quincy, MA | $500 | 1 | 1 | 2022 |
| Quincy High School Pac | Quincy, MA | $500 | 2 | 2 | 2025 |
| Quincy Symphony Orchestra | Quincy, MA | $500 | 1 | 1 | 2022 |
| Quincy Youth Baseball & Softball | Quincy, MA | $500 | 1 | 1 | 2025 |
| Qyh Fundraiser | Quincy, MA | $500 | 1 | 1 | 2023 |
| Special Olympics of Massachusetts | Marlborough, MA | $500 | 1 | 1 | 2022 |
| Weymouth High School Football Boosters | Weymouth, MA | $500 | 1 | 1 | 2023 |
| Wollaston School PTO | Quincy, MA | $400 | 2 | 2 | 2023 |
| Central Middle School | Quinccy, MA | $350 | 2 | 2 | 2023 |
| Morrisette Baseball | Quincy, MA | $300 | 3 | 3 | 2025 |
| North Quincy Basketball | Weymouth, MA | $300 | 1 | 1 | 2022 |
| Weymouth Cal Ripkin Baseball League | Weymouth, MA | $275 | 1 | 1 | 2022 |
| Beechwood Knoll School PTO | Quincy, MA | $250 | 1 | 1 | 2022 |
| Friends of Sunset Point Camp in Hull | Boston, MA | $250 | 1 | 1 | 2023 |
| Holbrook Youth Basketball | Holbrook, MA | $250 | 1 | 1 | 2023 |
| Lost Coin Women's Fund | Braintree, MA | $250 | 2 | 2 | 2025 |
| Nohs Senior Stay Out Committee | Kennesaw, GA | $250 | 1 | 1 | 2025 |
| Nqhs Senior Stay Out Committee | Quincy, MA | $250 | 1 | 1 | 2022 |
| Quincy High School Drama Club | Quincy, MA | $250 | 2 | 2 | 2025 |
| Quincy Historical Society | Quincy, MA | $250 | 1 | 1 | 2025 |
| Sscyc Inc | Weymouth, MA | $250 | 1 | 1 | 2023 |
| Weymouth Junior Basketball League | Weymouth, MA | $250 | 1 | 1 | 2022 |
| Wollaston Elementary School | Quincy, MA | $200 | 1 | 1 | 2025 |
| Quincy Youth Arena | Quincy, MA | $150 | 1 | 1 | 2022 |
| Bmms Drama Club | Quincy, MA | $100 | 1 | 1 | 2025 |
36 of 77 (47%) received money in more than one year over the 4 years we hold.
Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 22%, across 2 year-to-year transitions. The median foundation retains about 67%, so this one is less consistent than most. This measures how often it paid the same organizations again. It says nothing about whether it would consider a new one.
What kind of organizations it funds
By the activity category the IRS assigns each recipient, for the 40 grants where we could match the recipient to a registered organization. The categories are the IRS's. The match, made from the name and address on the return, is ours.
Giving by year
| Tax year | Grants | Total | Median grant |
|---|---|---|---|
| 2022 | 41 | $63,275 | $500 |
| 2023 | 41 | $56,600 | $1,000 |
| 2024 | 1 | $57,101 | $57,101 |
| 2025 | 36 | $923,601 | $2,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.
Already committed for future years
Form 990-PF has a separate schedule for grants approved but not yet paid. Colonial Federal Savings Bank has 1 of them, worth $20,000. This is the one part of the filing that looks forward rather than back.
| Organization | Location | Approved |
|---|---|---|
| Quincy School Community Partnership | Quincy, MA | $20,000 |
Where its money goes
90% of its giving went to organizations in Massachusetts. If your organization is based elsewhere, look in the recipient list for grants to your area before writing.
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Funders that support the same organizations
These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.
How to approach this foundation
- Check you are its size. The median grant is $1,000. A request many times that size asks for something it has rarely or never given.
- Check you are in its geography. Its giving is concentrated in Massachusetts.
- Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
- Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.
Related guides
Where these numbers come from
Everything above is taken from Colonial Federal Savings Bank's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2022-2025). Grant figures are from its returns. Matching recipients to registered organizations, their IRS classifications, the retention rate and the funders that support the same organizations are our own calculations, described in how we build this.
Address of record on the latest return: Co Nsb 248 Andover Street, Peabody, MA, 01960. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.
EIN 87-4406794 · See the original filings on ProPublica · How we build this
Is something here wrong about your foundation? Email [email protected] and we will correct it.