Faye H Deane Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HINGHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 4 grants totaling $15K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$320K
-1.4% YoY
Annual Giving
$15K
-75.4% YoY
Grant Count
4
-69.2% YoY
Avg Grant Size
$4K
-20.1% YoY
Under IRS private-foundation payout rules, Faye H Deane Scholarship Fund reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Faye H Deane Scholarship Fund
Based on IRS filings
Faye H Deane Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HINGHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 4 grants totaling $15K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $320,153 | $324,752 | $341,741 |
| Revenue | $9,137 | $30,565 | $35,721 |
| Expenses | $26,860 | $73,230 | $52,713 |
| Qualifying Distributions | $19,442 | $65,226 | $45,197 |
| Net Investment Income | $5,218 | $23,260 | $28,407 |
| Distributable Amount | $18,054 | $16,660 | $18,280 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Hartford ($4,000), McGill University ($4,000), Ohio State University ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Hartford West Hartford, CT | SCHOLARSHIPS | $4,000 |
| McGill University | SCHOLARSHIP | $4,000 |
| Ohio State University Columbus, OH | SCHOLARSHIP | $4,000 |
| Nichols College Dudley, MA | SCHOLARSHIP | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patrick T Maddigan | TRUSTEE | 2 | $6,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Faye H Deane Scholarship Fund?
Faye H Deane Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HINGHAM, MA. It holds $320K in total assets as of 2024.
How large is Faye H Deane Scholarship Fund?
As of 2024, Faye H Deane Scholarship Fund holds $320K in total assets with $9K in annual revenue. It awarded 4 grants totaling $15K in 2024.
Where does Faye H Deane Scholarship Fund operate?
Faye H Deane Scholarship Fund has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Massachusetts, Maine, North Carolina, New Hampshire, New York, Ohio, Rhode Island.
What size grants does Faye H Deane Scholarship Fund award?
In 2024, Faye H Deane Scholarship Fund awarded 4 grants totaling $15K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Faye H Deane Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Faye H Deane Scholarship Fund reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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