Faye H Deane Scholarship Fund

Private foundation · Grantmaker Hingham, MA EIN: 04-2900642

Faye H Deane Scholarship Fund is a private foundation, based in Hingham, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $320K in total assets. In 2025, it awarded 5 grants totaling $16K. Net investment income was $21K.

Key facts about Faye H Deane Scholarship Fund

In short: Faye H Deane Scholarship Fund gave $16K across 5 grants in 2025 (avg $3K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-2900642
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$16,298
Grants made (2025)
5
Average grant
$3,260
Median grant
$4,000
Total assets
$320,454
Primary geography
Massachusetts (51% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$320K

+0.1% YoY

Annual Giving

$16K

+8.7% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$3K

-13.1% YoY

Under IRS private-foundation payout rules, Faye H Deane Scholarship Fund reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.

How Faye H Deane Scholarship Fund gives

  • Giving fell 60% from 2022 to 2025. Method
  • In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Faye H Deane Scholarship Fund?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states

Share of all 5 itemized 2025 grant dollars.

Cities

BostonWorcesterAmherstDurhamTroyColumbusDudleyFairfieldFraminghamGrove CityLafayetteLowellNorth EastonWashingtonWatervilleWestfieldAtlantaDaytonaEvanstonJamaica

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K12 grants202019 grants20219 grants202213 grants20234 grants20245 grants2025

From 2020 to 2025, annual grant giving ranged from $15K (2024) to $61K (2023). In 2025 it made 5 grants totaling $16K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

McGill University: $4KMcGill University$4KOhio State University: $4KOhio State University$4KWheaton College: $4KWheaton College$4KNichols College: $3KNichols College$3KClark University: $1KClark University$1K

The largest 2025 recipient was McGill University ($4K). Together the top 5 received $16K.

Grant Size Distribution

50 grants across all recorded years

50<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 50 grants of 50 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
McGill University Scholarship$4,000
Ohio State University Columbus, OHScholarship$4,000
Wheaton College Nortom, MAScholarship$4,000
Nichols College Dudley, MAScholarship$3,000
Clark University Worcester, MAScholarship$1,298

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K202020212022202320242025
Metric202520242023
Total Assets$320,454$320,153$324,752
Revenue$28,203$9,137$30,565
Expenses$28,704$26,860$73,230
Qualifying Distributions$19,235$19,442$65,226
Net Investment Income$20,556$5,218$23,260
Distributable Amount$18,534$18,054$16,660

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Faye H Deane Scholarship Fund is led by Patrick T Maddigan, Trustee on every filing since 2024 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Patrick T Maddigan

    Trustee

    On filings since 2024

    2 hrs/week

    $6K (2024) → $6K (2025)

Former officers (11)
  • Former: Kenneth R. Maddigan (2020–2023) — Selection Committee Member
  • Former: Thomas A. Maddigan (2020–2023) — Trustee
  • Former: Brian Lynch (2021–2023) — Selection Committee Member
  • Former: Eileen Gates (2021–2023) — Selection Commitee Member
  • Former: Paul F. Branagan Principal M. H. S. (2021–2023) — Selection Committee Member
  • Former: Pt Maddigan (2021–2023) — Selection Committee Member
  • Former: Kathleen Montagano Headmaster (2020) — Selection Committee Member
  • Former: Robert N. Baldwin Principal M. H. S. (2020) — Selection Committee Member
  • Former: Sandra L. Bernier Town Clerk (2020) — Selection Committee Member
  • Former: Stephen D. Graham (2020) — Selection Committee Member
  • Former: Susan B. Maddigan (2020) — Selection Committee Member

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Patrick T Maddigan — Trustee: $6KPatrick T MaddiganTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to Patrick T Maddigan (Trustee).

Frequently asked questions about Faye H Deane Scholarship Fund

How much does Faye H Deane Scholarship Fund give each year?

Faye H Deane Scholarship Fund gave $16K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 4 grants.

What is Faye H Deane Scholarship Fund's typical grant size?

Faye H Deane Scholarship Fund's median grant in 2025 was $4,000, and its average grant was $3,260, across 5 grants on its 2025 IRS Form 990-PF.

Where does Faye H Deane Scholarship Fund give grants?

Faye H Deane Scholarship Fund gives mostly in Massachusetts: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (25%).

Does Faye H Deane Scholarship Fund give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Faye H Deane Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (5 grants).

Who are Faye H Deane Scholarship Fund's largest grantees?

Faye H Deane Scholarship Fund's largest 2025 grantees include McGill University ($4,000), Ohio State University ($4,000) and Wheaton College ($4,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.

How large is Faye H Deane Scholarship Fund?

Faye H Deane Scholarship Fund reported $320K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

What is Faye H Deane Scholarship Fund's EIN?

Faye H Deane Scholarship Fund's EIN (Employer Identification Number) is 04-2900642. IRS Form 990 filing data is available on this page for 2020–2025.

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

Your AI grants department

Here's the math on researching Faye H Deane Scholarship Fund by hand.

Explore Open Grants

Browse active grant opportunities in Faye H Deane Scholarship Fund's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

IBM International Foundation

Armonk, NY

The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$357.7M

Grants

16

Total Given

$11.7M

Boston Foundation Inc

Boston, MA

The Boston Foundation funds equity-focused work in child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer awards from up to $15,000 to $50,000; it accepts applications through some competitive initiatives, but whether it accepts unsolicited requests generally is not stated.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

Eastern Bank Foundation

Wakefield, MA

Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.

Assets

$266.7M

Grants

1,786

Total Given

$19.0M

Barr Foundation

Boston, MA

Barr Foundation funds arts and creativity, climate, education, and related initiatives, primarily supporting organizations and leaders in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. It welcomes inquiries through program pages and occasionally issues open requests for proposals; most grants go to returning partners.

Assets

$1.9B

Grants

903

Total Given

$123.2M

Liberty Mutual Foundation Inc

Boston, MA

Liberty Mutual Foundation funds nonprofits working on basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, primarily in the Boston area, with grants also made in other states. Its 2024 grants had a median of $35,000 and ranged from $2,500 to $11 million; it accepts online applications on a rolling basis, with no stated deadlines.

Philanthropy, Voluntarism & Grantmaking

Assets

$46.1M

Grants

706

Total Given

$50.6M

Cummings Foundation Grants Inc (Fka Oneworld Boston Inc)

Woburn, MA

The foundation supports nonprofits focused on human services, education, healthcare, fairness and justice, and environmental causes, primarily in greater Boston and eastern Massachusetts, with limited support for Rwanda’s recovery. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal for its local grant program.

Philanthropy, Voluntarism & Grantmaking

Assets

$258.2M

Grants

658

Total Given

$38.2M

American Tower Corporation Foundation

Boston, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$15.4M

Grants

632

Total Given

$1.7M

Good Sports Inc

Braintree, MA

The mission is to increase youth participation in sports, fitness, and recreational progams by targeting one of the major obstacles limiting participation - access to sports equipment. Good Sports distributes sports equipment, footwear, and apparel to community organizations offering programs to children in need helping to lay the foundation for healthy, active lifestyles.

Assets

$13.8M

Grants

619

Total Given

$11.2M

The Stephen Phillips Memorial

Boston, MA

The Stephen Phillips Memorial funds need- and merit-based scholarships for bachelor’s students, generally awarding $3,000–$17,000 (with typical annual awards of $6,000–$10,000). Applicants must be permanent residents of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont, but may attend college anywhere in the United States. Students apply through the online portal; the profile does not state whether unsolicited requests are accepted.

Education

Assets

$41.6M

Grants

520

Total Given

$5.1M

Berkshire Bank Foundation Inc

Pittsfield, MA

Berkshire Bank Foundation supports nonprofits working on small-business growth, financial inclusion, affordable housing, and additional needs including health, food access, youth, and the arts. Recent grants ranged from $50 to $33,333, with a median of $2,500; it serves communities in Connecticut, Massachusetts, New York, Rhode Island, and Vermont, though all 2024 grant dollars went to Massachusetts. It accepts written applications from eligible 501(c)(3) public charities, with quarterly deadlines on December 15, March 15, June 15, and September 15.

Assets

$17.1M

Grants

478

Total Given

$2.0M

More Funders in Massachusetts

Faye H Deane Scholarship Fund down — hundreds of funders to go?

Want AI to do this for you?