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.

Faye H Deane Scholarship Fund at a glance

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.

Annual giving (2025)
$16,298
+8.7% vs 2024
Grants made (2025)
5
+25.0% vs 2024
Average grant
$3,260
-13.1% vs 2024
Median grant
$4,000
Total assets
$320,454
+0.1% vs 2024
Primary geography
Massachusetts (51% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Faye H Deane Scholarship Fund funds

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%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

BostonDurhamWorcesterColumbusDudleyFairfieldFraminghamGrove CityLafayetteNorth EastonWashingtonWatervilleWestfieldAtlantaDaytonaEvanstonJamaicaLos AngelesNew YorkNewport

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K12 grants2020 19 grants2021 9 grants2022 13 grants2023 4 grants2024 5 grants2025

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

Grants by year

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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$320,454$28,203$28,704$16,2985$19,235$20,556$18,534
2024$320,153$9,137$26,860$15,0004$19,442$5,218$18,054
2023$324,752$30,565$73,230$61,00013$65,226$23,260$16,660
2022$341,741$35,721$52,713$41,0009$45,197$28,407$18,280
2021$351,616$29,678$61,846$51,20019$55,182$23,163$20,621
2020$363,101$28,429$41,970$31,90012—$22,111$19,724

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.

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.

Data update history

(2)

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Faye H Deane Scholarship Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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