Impact Grants

Stylish woman looking left across the room

Investing in Systems Change

Our communities, particularly our Gateway Cities in Massachusetts, New Hampshire, and Rhode Island are facing enormous challenges: the racial wealth gap is widening, economic opportunity is declining, and economic mobility—which has historically been fleeting for communities of color—is stalled. Housing and workforce opportunities are limited, especially for people of color, women, LGBTQ+, Veterans and people with disabilities. Investing in systemic change that drives economic inclusion and economic mobility is good for everyone.

We have committed a significant portion of our giving to sustain and advance efforts to provide programs, change systems and reform policies lead to economic success for communities. We join a growing number of community partners working toward a thriving regional economy where racial, ethnic, gender, gender identity, income, ZIP code and other distinctions are not predictors of economic outcomes for our neighbors.

Eastern Bank Foundation graphic: Our Strategy and Focus

 

Advancing Equity in the Small Business Ecosystem

Entrepreneurs and business owners serve as the building blocks for the local economy. Finding ways to support their growth through capacity building, access to capital, and connections to contracting opportunities increases economic participation, enabling new wealth and job creation, and a direct correlation to improved community health. We seek to work with organizations that build ecosystems of inclusive support for business owners which includes people of color women, LGBTQ+, veterans and people with disabilities.

Learn about our support in the community:

Commonwealth Kitchen “Support from the Eastern Bank Foundation has allowed us to expand our facilities and connect local food entrepreneurs with new markets, creating jobs and building a more inclusive food economy.”- Jen Faigel, Executive Director and Co-Founder

 

Learn more about our Grant Options

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