Caroline & Sigmund Schott Fund

Foundation · Grantmaker Cambridge, MA EIN: 11-2856561 Website

The Caroline & Sigmund Schott Fund is a private foundation based in Cambridge, Massachusetts, established in June 1987. The fund is designated as a 501(c)(3) organization and operates as a grantmaking foundation focused on education, philanthropy, and human services.

Key facts about Caroline & Sigmund Schott Fund

EIN: 11-2856561
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,910,969
Grants made (2024): 16
Average grant: $119,436
Median grant: $18,750
New grantees (estimate): 31% first-time grantees (5 of 16, 2024)
Total assets: $38,379,369
Primary geography: Massachusetts (76% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Caroline & Sigmund Schott Fund funds

By grant dollars, the top recipient states for Caroline & Sigmund Schott Fund's 16 itemized 2024 grants were Massachusetts (76%) and California (18%). The most frequent recipient cities were Cambridge, MA (2 grants) and New York, NY (2 grants). 31% of grants with a stated purpose were for general or operating support.

Is Caroline & Sigmund Schott Fund open to new grantees?

31%

first-time grantees, 2024

In 2024, 5 of 16 grantees (31%) were first-time recipients. First grants averaged $161K; repeat grants $101K. How we count

Medians: $60K first-time, $10K repeat.

50% of 2024 grantees were also funded in 2023. Method
Giving grew 39% from 2021 to 2024. Method
In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Caroline & Sigmund Schott Fund

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38.4M

-3.9% YoY

Annual Giving

$1.9M

+41.0% YoY

Grant Count

-15.8% YoY

Avg Grant Size

$119K

+67.4% YoY

Under IRS private-foundation payout rules, Caroline & Sigmund Schott Fund reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Caroline & Sigmund Schott Fund's grantmaking priorities include:

Education excellence
Nurturing socially conscious artists
Sustaining triage, emergency, and high-risk response to young children
Juvenile justice
Vegan food aid

Primary funding focus areas encompass charter schools, K-12 schools, Head Start programs, and parent-teacher organizations.

Grantmaking

The fund made six grants in 2024.

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Geographic Focus

Where this funder awards grants

The fund primarily supports organizations in Massachusetts, New York, and California.

Grant Distribution by State

Massachusetts $1.5M (76%)

California $353K (18%)

Ohio $60K (3%)

New York $12K (1%)

New Mexico $10K (1%)

All other $21K (1%)

Share of all 16 itemized 2024 grant dollars.

States

Alabama Arizona California Colorado District of Columbia Florida Illinois Louisiana Massachusetts Michigan Minnesota Missouri Mississippi New Jersey New Mexico New York Ohio Pennsylvania Tennessee

Cities

New YorkCambridgeWashingtonBostonOaklandQuincyRoslyn HeightsChicagoMontgomeryJamaica PlainSan FranciscoAmherstNew MarketAlbuquerqueAshfieldBemidjiBerkeleyBrooklineBrooklynCallaway

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary:

Total assets: $38,379,369
Total revenues: $1,948,119
Total expenses: $4,233,119
Number of employees: 0

The foundation maintains significant assets relative to its annual giving, indicating a long-term grantmaking capacity.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$38,379,369	$39,919,386	$39,690,267
Revenue	$1,948,119	$167,644	$2,107,474
Expenses	$4,233,119	$1,341,571	$1,446,844
Qualifying Distributions	$2,281,889	$1,526,524	$3,313,866
Net Investment Income	$2,257,804	$596,821	$3,187,278
Distributable Amount	$1,925,461	$1,926,135	$2,176,046

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

95 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The Schott Foundation for Public Education ($700,000), Asf - Access Strategies Fund ($400,000), Tides Foundation ($325,000).

Recipient	Purpose	Amount
THE SCHOTT FOUNDATION FOR PUBLIC EDUCATION Quincy, MA	EDUCATION EXCELLENCE	$700,000
ASF - ACCESS STRATEGIES FUND Cambridge, MA	TO SUPPORT SOCIAL JUSTICE INFRASTRUCTURE DEVELOPMENT AND POWER BUILDING FOR COMMUNITIES IN MA GATEWAY CITIES.	$400,000
TIDES FOUNDATION Los Angeles, CA	TIDES FOUNDATION BELIEVES THAT A JUST AND EQUITABLE FUTURE CAN EXIST ONLY WHEN COMMUNITIES WHO HAVE BEEN HISTORICALLY DENIED POWER, HAVE THE SOCIAL, POLITICAL AND ECONOMIC POWER THEY NEED TO CREATE IT. TO MAKE THAT A REALITY, WE WORK IN DEEP PARTNERSHIP WITH DOERS AND DONORS TO CENTER THE LEADERSHIP OF CHANGEMAKERS FROM THESE COMMUNITIES, CONNECTING THEM TO SERVICES, CAPACITY BUILDING, AND RESOURCES TO AMPLIFY THEIR IMPACT.	$325,000
PROTEUS FUND FBO JEWISH LIBERATION FUND Amherst, MA	FULL-SERVICE PUBLIC FOUNDATION COMMITTED TO A MORE JUST, EQUITABLE, DEMOCRATIC, AND PEACEFUL WORLD	$170,000
AGITARTE INC Cambridge, MA	NURTURE SOCIALLY CONSCIOUS ARTISTS	$100,951
KIBILIO INC Greenfield, MA	GENERAL SUPPORT	$75,000
STATE POWER FUND Youngstown, OH	GENERAL SUPPORT	$60,000
SOLIDAIRE NETWORK Oakland, CA	TO SUPPORT PROGRESSIVE MOVEMENTS WITH A COMMITMENT TO BUILDING GRASSROOTS POWER IN IMPACTED COMMUNITIES.	$27,500
LA PLANTA Sandia Park, NM	GENERAL SUPPORT	$10,000
NORTH SHORE CHILD & FAMILY GUIDANCE CENTER Roslyn Heights, NY	SUSTAIN TRIAGE, EMERGENCY AND HIGH RISK RESPONSE TO YOUNG CHILDREN	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Greg Jobin-Leeds – President
Thalia Carroll-Cachimuel – Communications Associate (as of June 2023)

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Greg Jobin-Leeds	Chair/President/Treasurer	6	—
Maria Jobin-Leeds	Vice-Chair/Secretary	0.25	—

Frequently Asked Questions

What does Caroline & Sigmund Schott Fund fund?

The Caroline & Sigmund Schott Fund's grantmaking priorities include: • Education excellence • Nurturing socially conscious artists • Sustaining triage, emergency, and high-risk response to young children • Juvenile justice • Vegan food aid Primary funding focus areas encompass charter schools, K-12 schools, Head Start programs, and parent-teacher organizations.

How do I apply for a grant from Caroline & Sigmund Schott Fund?

**Financial Capacity:** • Total assets: $38,379,369 • Total giving (2024): $1,960,969 • Typical award range: $125–$1,000,000 **Recent Grants (2024):** • The Schott Foundation for Public Education: $700,000 (Education Excellence) • AgitArte: $100,951 (Nurture Socially Conscious Artists) • Kibilio: $75,000 (General Support) The fund made six grants in 2024.

Where does Caroline & Sigmund Schott Fund make grants?

The fund primarily supports organizations in Massachusetts, New York, and California.

What size grants does Caroline & Sigmund Schott Fund award?

In 2024, Caroline & Sigmund Schott Fund awarded 16 grants totaling $1.9M — an average of about $119K per grant, based on its IRS Form 990 filings.

How much is Caroline & Sigmund Schott Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Caroline & Sigmund Schott Fund reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Caroline & Sigmund Schott Fund's EIN?

Caroline & Sigmund Schott Fund's EIN (Employer Identification Number) is 11-2856561. IRS Form 990 filing data is available on this page for 2020–2024.