OVERVIEW: The Frank W. & Carl S. Adams Memorial Fund supports education, health, and human services in Massachusetts.
FUNDING AREAS: Education, health, human services
IP TAKE: A majority of this funder’s grantees are in Boston, but other Massachusetts cities and towns can get involved with local and long-term projects.
PROFILE: Established in 1925, the Frank W. & Carl S. Adams Memorial Fund is an independent foundation headquartered in Boston, Massachusetts. This foundation is managed by Bank of America’s Massachusetts office. Grantmaking includes education, health and human services.
This funder supports a wide range of causes within these funding categories each year. It aims to support underserved populations in each grantmaking area. The funder prioritizes organizations that can demonstrate that their projects and programs will reach the greatest number of people. On the contrary, it is far less likely to support one-time and short-term interventions. Past local support has gone to Family Aid Boston, Boston Rescue Mission, Greater Boston YMCA, and Third Sector New England. The fund provides annual gifts for scholarship support to the Harvard University Medical School and the Massachusetts Institute of Technology, as well.
Foundation grants range between $10,000 and $100,000 each. Learn more about this funder’s local giving by examining its Foundation Director Online grant history, which is linked on the foundation’s Bank of America website. Grantmaking focuses onMassachusetts, and often, the Greater Boston area. This foundation prefers to provide general operating support to organizations that have annual operating budgets of $5 million or less. A majority of grant awards are for one-year periods, although it considers multi-year requests, as well.
This foundation accepts unsolicited grant applications from nonprofits. The annual application deadline is January 15, and applicants can expect to hear back with a funding decision by April 30. Grantseekers must use the Bank of America online system to apply for a grant. Direct general questions to the staff at ma.grantmaking@ustrust.com or 866-778-6859.
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