Bolduc Schuster Family Foundation

WEST HARTFORD, CT EIN: 87-4061521

Bolduc Schuster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST HARTFORD, CT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $12.7M in total assets. In 2024, it awarded 19 grants totaling $1.7M. Net investment income was $428K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.7M

-9.7% YoY

Annual Giving

$1.7M

+67.6% YoY

Grant Count

19

-24.0% YoY

Avg Grant Size

$91K

+120.6% YoY

Under IRS private-foundation payout rules, Bolduc Schuster Family Foundation reported a distributable amount of $666K for 2024 — the minimum it must pay out in qualifying distributions.

About Bolduc Schuster Family Foundation

Based on IRS filings

Bolduc Schuster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST HARTFORD, CT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $12.7M in total assets. In 2024, it awarded 19 grants totaling $1.7M. Net investment income was $428K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

BostonCedar RapidsChicopeeConcordiaHartfordHolyokeLittle RockLongmeadowLudlowNew OrleansNew YorkOklahoma CitySimsburySpringfieldStorrsTrappeWalthamWestfieldWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M202220232024
Metric202420232022
Total Assets$12,721,829$14,082,556$14,896,044
Revenue$533,413$384,260$14,946,544
Expenses$1,828,359$1,197,748$50,500
Qualifying Distributions$1,729,750$1,031,831$50,500
Net Investment Income$427,506$210,371$16,404
Distributable Amount$665,629$684,008$268,216

Giving Over Time

Total grant dollars and number of grants per year

$0$432K$865K$1M$2M2 grants202225 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOPE FOR YOUTH AND FAMIL…$1.1MBAYSTATE HEALTH INC$320KCOLLEGE OF OUR LADY OF T…$150KBAY PATH UNIVERSITY$30KGIRLS INC$25KSPRINGFIELD CHAMBER PLAY…$20KAMERICAN INTERNATIONAL C…$15KHOLYOKE COMMUNITY COLLEG…$15KCRIMINAL JUSTICE ORG OF …$13KSACRED HEART PARISH$10K

Grant Size Distribution

46 grants across all recorded years

35<$50K5$50–100K3$100–250K2$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hope for Youth and Families Inc ($1,100,000), Baystate Health Inc ($320,000), College of Our Lady of the Elms ($150,000).

RecipientPurposeAmount
AMERICAN INTERNATIONAL COLLEGE SPRINGFIELD, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$15,000
BAPTIST HEALTH LITTLE ROCK, ARCURRENT USE FOR GENERAL CHARITABLE PURPOSES$5,000
BAY PATH UNIVERSITY LONGMEADOW, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$30,000
BAYSTATE HEALTH INC SPRINGFIELD, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$320,000
COLLEGE OF OUR LADY OF THE ELMS CHICOPEE, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$150,000
CRIMINAL JUSTICE ORG OF HAMPDEN COUNTY LUDLOW, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$13,000
DANA FARBER CANCER INSTITUTE INC PAN MASS CHALLENGE BOSTON, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$1,000
GIRLS INC NEW YORK, NYCURRENT USE FOR GENERAL CHARITABLE PURPOSES$25,000
HOLYOKE COMMUNITY COLLEGE (HOLPHE) FOUNDATION HOLYOKE, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$15,000
HOPE FOR YOUTH AND FAMILIES INC LONGMEADOW, MACURRENT USE FOR GENERAL CHARITABLE PURPOSES$1,100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT L BOLDUCTRUSTEE1
ROBERTA B BOLDUCTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bolduc Schuster Family Foundation?

Bolduc Schuster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST HARTFORD, CT. It holds $12.7M in total assets as of 2024.

How large is Bolduc Schuster Family Foundation?

As of 2024, Bolduc Schuster Family Foundation holds $12.7M in total assets with $533K in annual revenue. It awarded 19 grants totaling $1.7M in 2024.

Where does Bolduc Schuster Family Foundation operate?

Bolduc Schuster Family Foundation has awarded grants in Arkansas, Connecticut, Iowa, Kansas, Louisiana, Massachusetts, New York, Oklahoma, Pennsylvania.

What size grants does Bolduc Schuster Family Foundation award?

In 2024, Bolduc Schuster Family Foundation awarded 19 grants totaling $1.7M — an average of about $91K per grant, based on its IRS Form 990 filings.

How much is Bolduc Schuster Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bolduc Schuster Family Foundation reported a distributable amount of $666K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bolduc Schuster Family Foundation's EIN?

Bolduc Schuster Family Foundation's EIN (Employer Identification Number) is 87-4061521. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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