Town eligible for nonprofit grants from Eastern Bank


BOSTON — The Eastern Bank Charitable Foundation is accepting nominations from the public to help it award grants totaling $50,000 to not-for-profit organizations.

The program was developed to celebrate Eastern Bank Corp.’s recent acquisition of MASSBANK Corp., a merger that enhances Eastern’s abilities to serve consumers and businesses in Middlesex County.

The bank is accepting nominations for not-for-profit organizations headquartered in communities served by a MASSBANK office, including Chelmsford, Dracut, Everett, Lowell, Medford, Melrose, Reading, Stoneham, Tewksbury, Westford and Wilmington.

To nominate an organization, complete the online nomination form at The grants, which were made available by the Eastern Bank Charitable Foundation, will be distributed in $2,500 increments to 20 not-for-profit organizations, based upon the quality of each nomination.

Nominations must be received by Oct. 10, and grant recipients will be announced later that month. To be eligible, organizations:

* Must have a nonprofit tax-exempt classification under section 501(c)(3) of the Internal Revenue Code;

* Cannot have an Internal Revenue Service subclassification of 509(a)(3);

* Cannot have received a grant of $1,000 or more in 2008 from the Eastern Bank Charitable Foundation;

* Cannot have a primary purpose that is religious;

* Cannot be a private foundation.