OVERVIEW: Bank of America/U.S. Trust manages the Alfred E, Chase Charity Foundation, which funds human services, health, and education.
FUNDING AREAS: Human services, education, health
IP TAKE: Chase prioritizes the Massachusetts North Shore area, with special attention to the city of Lynn. It funds human services among other interests.
PROFILE: Established in 1956, the Alfred E. Chase Charity Foundation is based in Boston, Massachusetts. The Massachusetts office of Bank of America/U.S. Trust manages the foundation, which prioritizes the North Shore of Massachusetts, specifically the city of Lynn. Broad topics of interest include education, health, and human services.
The foundation does not have dedicated programs. Instead, it prefers to fund its above interests more broadly. This enables it to fund a wider variety of organizations. Past grantees include Housing Families, Saint Stephen’s Youth Programs, YMCA of Metro North, Food Project, East End House, and Centro Latino. This funder predominately awards general operating support. However, program support and small, program-related capital expenses may be submitted for consideration as well as part of a broader request. Chase mostly awards one-year grants, as multi-year grants are rare.
Grants range between $50,000 and $200,000. However, quite a few recent grants have been around $20,000. Grantseekers may learn more about how this funder gives by examining its recent tax records. Grantmaking prioritizes Massachusetts, specifically Boston, Chelsea, Lynn, Lowell, Great Barrington, and other communities. Other cities that receive nonprofit support include Malden, Salem, Cambridge, and Peabody. The foundation supports grantmaking beyond Massachusetts but prioritizes both well-established organizations and grassroots groups in-state.
Applicants must apply by May 1 of each year. Grantseekers need to use the Bank of America online grant application to apply for these grants. Applicants may expect to hear back with a funding decision by September 30. The bank provides a procedural document on its website that contains details about how to apply for a grant with this foundation. Direct general questions to the staff at ma.grantmaking@ustrust.com or 866-778-6859.
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