What kinds of organizations does Melrose Cooperative Bank Foundation support?

The foundation funds nonprofits in education and youth programs, health and human services, general community needs, and affordable housing. Recent grants also show support for food distribution, local arts organizations, community coalitions, and programs for youth and families.

How large are typical grants?

Typical grants are modest: the 25th percentile is $1,225, the median is $2,750, and the 75th percentile is $5,300. Recent awards range from small grants around $2,500 to larger operating grants of $10,000 to $15,000.

Does the foundation fund organizations outside Massachusetts?

No recorded grants in the dataset went outside the United States, and all recipient activity shown is in Massachusetts. The recipient country distribution is 100% US, with grants going to Melrose and nearby Massachusetts communities.

Are grants usually one-time or recurring?

Several recipients appear in multiple years, which points to recurring support. The Food Drive, Mission of Deeds, Melrose Orchestral Association, Housing Families Inc, Friends of the Middlesex Fells Reservation, Mystic Valley Elder Services, Polymnia Choral Society, and Melrose Family YMCA all received more than one grant in the recent record.

Can organizations apply without being invited?

Yes. The listed programs say they accept unsolicited applications, including the Small Grants and Large Grants tracks, with online application requirements for smaller awards and additional documentation for larger awards.

Melrose Cooperative Bank Foundation

Name: Melrose Cooperative Bank Foundation — subvenciones, estados financieros 990 y datos de financiamiento
Creator: Kindora

ActivoPhilanthropy & Voluntarism

Melrose, MASitio web7815872108

About Melrose Cooperative Bank Foundation

The Melrose Cooperative Bank Foundation makes modest, locally focused operating grants to community organizations that address immediate basic needs and civic life. Recent awards show equal support for hunger relief/food distribution, direct human services, and local performing arts, suggesting a charity-oriented, community-building philanthropic approach centered on Melrose-area nonprofits.

Focus Areas

Local emergency assistance and basic needs (e.g., Mission of Deeds-style general human services)Community food distribution and hunger relief (local food drives/food banks)Local performing arts and cultural organizations (community orchestras and music groups)

Who They Fund

high school students/graduating seniorsyouth/teenagers

Giving Approach

Small number of mid-sized, equal-value unrestricted operating grants to local nonprofits; concentrated geographic focus with balanced support across basic needs and community arts rather than many small gifts or long-term multi-year commitments.

Funding Style

About Melrose Cooperative Bank Foundation

Among recent awards, Melrose Cooperative Bank Foundation’s giving stands out for repeated support to local operating budgets rather than isolated project grants. The foundation backed The Food Drive in both 2023 and 2024, and it also made consecutive grants to Mission of Deeds and Melrose Orchestral Association, showing a pattern of multi-year support for community food access, basic needs, and local arts. Those awards sit alongside funding for housing support, youth enrichment, and neighborhood organizations serving Melrose and nearby communities. The foundation’s work is small-scale in dollar terms but consistent in intent. Its grants commonly land in the low-thousands, with some larger awards reserved for community groups that align with its local mission. Recent grantees include Follow Your Art Community Studios Inc, Friends of the Middlesex Fells Reservation, Housing Families Inc, and Community Coalition of Melrose Inc. Across the record, the emphasis is on nonprofits embedded in everyday civic life: food distribution, human services, arts groups, and community-serving organizations that work within the Melrose area.

What Melrose Cooperative Bank Foundation Funds

Food access is one of the clearest themes in the foundation’s recent grants. It gave $15,000 to The Food Drive in 2023 and $10,000 in 2024, both as general operating support. Mission of Deeds received $15,000 in 2024 after a $12,000 grant in 2023, also for operating support, which ties the foundation to immediate basic-needs work. The foundation also supports local arts and cultural groups. Melrose Orchestral Association received $15,000 in 2023 and $10,000 in 2024, while Polymnia Choral Society received $5,000 in both 2023 and 2024. In addition, Greater Boston Stage Company received $13,500 in 2024. Youth and family programming appears in the record as well. Melrose High School PTO- Grad Night received $5,000 in 2023 and again in 2024, and Mystic Valley Elder Services received $5,000 in both years for a money management program.

How Melrose Cooperative Bank Foundation Gives

Melrose Cooperative Bank Foundation’s recent grants cluster around a median size of $2,750, with a lower quartile of $1,225 and an upper quartile of $5,300. The distribution shows a mix of modest operating awards and a smaller number of larger grants reaching $10,000 to $15,000. The record also shows repeat recipients across 2023 and 2024, indicating support that extends beyond one-off awards. The foundation is a corporate-style community funder with no indication of individual giving or program-related investments. Its grant programs accept unsolicited applications, and the posted programs include both small and large grant tracks.

Financial Snapshot

Annual Giving

$145K

Total Assets

$2.3M

Total Revenue

$86K

Total Expenses

$151K

Typical Grant Size

Most grants fall between $1K and $5K, with a median of $3K.

25th Percentile

$1K

Median

$3K

75th Percentile

$5K

Geographic Reach

Local2 states funded

Intensidad de financiamiento

Baja

Alta

Sede

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Recipient	Location	Amount	Year	Purpose
The Food Drive	Melrose, MA	$27,000	2026	General OperatingSupport
Mission of Deeds	Reading, MA	$17,000	2026	General OperatingSupport
Greater Boston Stage Company	Stoneham, MA	$15,500	2026	General OperatingSupport
Melrose Affordable Housing Corporation	Melrose, MA	$10,000	2026	General OperatingSupport

Melrose Cooperative Bank Foundation

About Melrose Cooperative Bank Foundation

Focus Areas

Who They Fund

Giving Approach

Funding Style

About Melrose Cooperative Bank Foundation

What Melrose Cooperative Bank Foundation Funds

How Melrose Cooperative Bank Foundation Gives

Financial Snapshot

Typical Grant Size

Geographic Reach

Deep Analysis

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Topics

Where Melrose Cooperative Bank Foundation Makes Grants

Frequently Asked Questions About Melrose Cooperative Bank Foundation

What kinds of organizations does Melrose Cooperative Bank Foundation support?

How large are typical grants?

Does the foundation fund organizations outside Massachusetts?

Are grants usually one-time or recurring?

Can organizations apply without being invited?

Oportunidades de Subvenciones Abiertas