Private foundation · Framingham, MA
Mutualone Charitable Foundation
Typical grant size
$3K – $5K – $10K
25th · median · 75th percentile
Unique recipients
104
Repeat grantees
65
funded 2+ years
Application procedures · from 2024 990-PF
DeadlinesGrant applications are reviewed quarterly. Application deadlines are Feb 1, May 1, Aug 1 & Nov 1.
ContactYves Munyankindi · 5088204000
MaterialsApplications for grants from the Organization are available at the following website: https://www.mutualone.com/wp-content/uploads/2016/11/ Foundation-Grant-Application.pdf To apply for funding, applicants must submit a cover letter signed by the Organization's Executive Director or Board President plus a copy of a brief proposal and a summary sheet. Proposals must include the following information, keeping in mind the funding criteria: description and purpose of applicant-organization, including appendices for the Organization's Board, tax filings, and governance policies; details on the proposed project; a process for evaluating the proposal's progress and impact; and a budget for the project being proposed and means to measure its impact and success.
RestrictionsThe MutualOne Charitable Foundation will consider grants of up to $10,000 to increase the quality of life of MetroWest residents. Special emphasis will be placed on those projects which focus on disadvantaged and/or undeserved citizens of Framingham or Natick. The areas of interest are workforce development, health and human service, housing, education, community development, the environment, and the arts. Grant requests will be considered for program support, seed money, challenge grants and capital improvements. To apply for a grant, applicants must be a non-profit 501(c)(3) organization or a public institution (school, fire, police, etc.) located in or serving Framingham, Natick, and the surrounding areas. The Foundation will not fund political or sectarian activities.
Leadership · from 2024 990-PF
Paul V Galvani
Trustee
Mark R Haranas
Trustee
Brian Ledwith
Trustee
Robert Raider
Trustee
Mutual One Bank -framingham Coop Ba
Foundation Creator
Susan E Acton
Trustee (end 5/2022)
Robert P Lamprey
Trustee (end 4/2022)
Steven M Sousa
Trustee (end 2/2022)
Brien Maginnis
Controller (end 10/2022)
Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.
Payout rate · TY 2024
4.4%
grants paid ÷ assets · ~5% IRS minimum
'20
'21
'22
'23
'24
333
Total grants awarded
$2.2M
Total amount
$7K
Average grant
$30K
Largest grant
Giving by year
Top recipients
Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.
Recent grants · most recent filings first
Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.