Caroline & Sigmund Schott Fund
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.
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
16
-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.
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
States
Cities
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.
| 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 |
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 include The Schott Foundation for Public Education ($700,000), Asf - Access Strategies Fund ($400,000), Tides Foundation ($325,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGITARTE INC CAMBRIDGE, MA | NURTURE SOCIALLY CONSCIOUS ARTISTS | $100,951 |
| ASF - ACCESS STRATEGIES FUND CAMBRIDGE, MA | TO SUPPORT SOCIAL JUSTICE INFRASTRUCTURE DEVELOPMENT AND POWER BUILDING FOR COMMUNITIES IN MA GATEWAY CITIES. | $400,000 |
| JEWS FOR RACIAL & ECONOMIC JUSTICE NEW YORK, NY | TO PURSUE RACIAL AND ECONOMIC JUSTICE IN NEW YORK CITY BY ADVANCING SYSTEMIC CHANGES THAT RESULT IN CONCRETE IMPROVEMENTS IN PEOPLES EVERYDAY LIVES. | $200 |
| KIBILIO INC GREENFIELD, MA | GENERAL SUPPORT | $75,000 |
| 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 |
| PROTEUS FUND FBO JEWISH LIBERATION FUND AMHERST, MA | FULL-SERVICE PUBLIC FOUNDATION COMMITTED TO A MORE JUST, EQUITABLE, DEMOCRATIC, AND PEACEFUL WORLD | $170,000 |
| RESIST INC JAMAICA PLAIN, MA | TO SUPPORT PEOPLE'S MOVEMENTS FOR JUSTICE AND LIBERATION | $10,000 |
| SOLIDAIRE NETWORK OAKLAND, CA | TO SUPPORT PROGRESSIVE MOVEMENTS WITH A COMMITMENT TO BUILDING GRASSROOTS POWER IN IMPACTED COMMUNITIES. | $27,500 |
| SOUTHERN POVERTY LAW CENTER MONTGOMERY, AL | JUVENILE JUSTICE | $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
From 2024 IRS filing
From 2024 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.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.