BERKSHIRE BANK FOUNDATION, INC

Financial Information

Total Assets:
$21,904,477
Total Giving:
$3,354,453

Area of Service:

61% of grants stay in Massachusetts.
Four other states receive a large number of grants: New York, Maine, Connecticut and Maryland.

Areas of Interest:

Education
Economic Development
Literacy
Financial Literacy
Job Readiness
Workforce Development
Student Support
Affordable Housing
Homebuyer Education
Small Business Support
Community Development
Neighborhood Revitalization

Programs

None

Grants

History shows that almost 28% of their giving goes to Social & Human Services, 17% to Community Development, and almost 16% goes to support Education.
Grants in recent year includes:
$30,000 for Green Path Financial Wellness;
$25,000 for Berkshire Family YMCA;
$15,000 for Boston Cares;
$10,000 for Boys and girls club;
$100,000 for New Commonwealth Racial Equity and Social Justice Fund;
$66,667 for Common Capital Inc. FKA Western Mass Enterprise Fund;
$50,000 for Initiative for a Competitive Inner City to help small businesses build resilience in local communities ICC programming 2022;
For a Competitive Inner City to help small businesses to build resilience in local communities ICC programming 2022;
$49,000 for Central Berkshire Habitat for Humanity;
$25,000 for Westfield State University;
$25,000 for Salve Regina University; and
$20,000 for Springfield Technical Community College Foundation.

Limitations

Berkshire Bank foundation does not support:
Fraternal, labor and political organizations, including fraternal orders of police and firefighters
Lobbying groups
Athletic teams or social groups
Private foundations
Intermediary organizations that raise and distribute funds in their own name
Annual memberships and annual appeals
Underwriting support for conferences or seminars
Scholarship Programs/Funds
General operating support
Individuals
Capital campaigns

Summary

The foundation supports various causes including arts and culture, environmental education, employment, housing, mentoring, human services, immigrant advocacy, military and veterans, and economically disadvantaged people. It places a special emphasis on programs promoting education and community economic development.

Additional

The Berkshire Bank Foundation Inc. is a financial data indicates that it primarily generates revenue from the sale of assets and dividends, with minimal contributions received.

Quick Facts Sheet
URL:

https://www.berkshirebank.com/about-us/in_the_community/berkshire-bank-foundation

Located in:

Pittsfield,

61% of grants stay in Massachusetts.
Four other states receive a large number of grants: New York, Maine, Connecticut and Maryland.

United States

Contact Information / Process

Phone #:
413-447-1722
Email:
[email protected]
Application Address:
Lorelei Kiely Executive Director
24 North Street Po Box 1308
Pittsfield, MA 01202
Procedure:
Applicants must complete an online application on the foundation website.
The deadline is on 15th of December, March, June and September

Donors & Leadership

Donor:
Berkshire Bank
Director:
Angela Dixon, Trustee
Baye Adofo Wilson, Trustee
Donna Evan, Trustee
Jacqueline Courtwright, Trustee
Laurie Norton Moffatt, Trustee
Lorelei Kiely, Secretary

EIN:

043365869