East Boston Savings Bank (EBSB) created the Meridian Charitable Foundation in 1998 to benefit charitable organizations focused on serving residents of East Boston, Winthrop, Revere, Saugus, Lynnfield, Peabody and other North Shore communities. The foundation has a principal funding of $1 million from EBSB. Each year, the interest earned from the investment of these funds is used for a pool of money that is distributed among qualified recipients.

An organization must be a charitable Massachusetts corporation (501(c)(3)) as defined under IRS letter section 170(b)(1)(A)(6) in order to be eligible for a grant. Organizations interested in obtaining a grant must submit an application.

Application deadline for 2008 grants is July 18, 2008.

2007 Meridian Charitable Foundation Recipients
Meridian Chaitable Foundation Application