Oliver Killam Private Foundation
The Oliver Killam Private Foundation is a private foundation based in Salem, Massachusetts. Its 2024 filing reports grants for scholarships to individual recipients and support for organizations including a library and a college.
Oliver Killam Private Foundation at a glance
In short: Oliver Killam Private Foundation gave $211K across 28 grants in 2024 (avg $8K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $211,378
- -26.8% vs 2023
- Grants made (2024)
- 28
- -34.9% vs 2023
- Average grant
- $7,549
- +12.4% vs 2023
- Median grant
- $5,000
- Total assets
- $15,067,590
- +3.6% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Oliver Killam Private Foundation
- How to Apply
-
The filing lists a form application from the high school and says awards are restricted to graduates of Marblehead High School. It names Frank Muzio as the contact.
- Review Cycle
- The filing lists April 15. That date has passed for the current calendar year.
- Deadline
- The filing lists April 15.
- Contact
Application contact: Frank Muzio
Mailing address: 27 Congress Street, Salem, MA 01970
Phone: (978) 744-0637
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Oliver Killam Private Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Marblehead Abbot Library ($80K). Together the top 2 received $85K.
Organizations only. It also paid 26 individual scholarships ($126,581), which are not listed by name.
Grant Size Distribution
262 grants across all recorded years
The most common grant size was under $50K: 258 grants of 262 (98%).
Geographic Focus
Where this funder awards grants
All 2024 grant dollars went to recipients in Massachusetts. The filing’s application restrictions specify graduates of Marblehead High School.
Grant Distribution by State
Share of 2024 grant dollars across all 28 itemized grants.
States
Cities
How Oliver Killam Private Foundation gives
- Giving fell 51% from 2021 to 2024. Method
- In 2024 it paid out 25% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2024, annual grant giving ranged from $211K (2024) to $564K (2022). In 2024 it made 28 grants totaling $211K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marblehead Abbot Library Marblehead, MA | GRANT | $79,797 |
| 26 individual scholarships Recipients not named | — | $126,581 |
| Stonehill College Salem, MA | Scholarship | $5,000 |
Ready to take the next step with Oliver Killam Private Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $15,067,590 | $1,006,052 | $468,022 | $211,378 | 28 | $219,976 | $758,006 | $880,690 |
| 2023 | $14,540,340 | $1,136,758 | $519,352 | $288,848 | 43 | $305,152 | $922,358 | $788,522 |
| 2022 | $13,921,344 | $1,244,692 | $796,406 | $563,853 | 56 | $578,737 | $1,028,023 | $824,941 |
| 2021 | $13,486,848 | $1,587,976 | $642,844 | $428,475 | 63 | $434,502 | $1,379,634 | $864,595 |
| 2020 | $12,549,814 | $1,177,867 | $737,632 | $549,449 | 72 | — | $993,776 | $784,707 |
Under IRS private-foundation payout rules, Oliver Killam Private Foundation reported a distributable amount of $881K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants show support for scholarships, a library, and a college. Stonehill College describes itself as a Catholic institution of higher learning and a community of scholarship and faith.
Grantmaking
In 2024, the foundation made 28 grants totaling $211,378. Grant amounts ranged from $1,000 to $79,797, with a median grant of $5,000. The largest listed grant was $79,797 to Marblehead Abbot Library. The foundation also awarded scholarships to individual recipients, including a $12,081 award, and gave Stonehill College $5,000 for a scholarship.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Frank Muzio, Scott A Macallister, Cheryl Saltzman, Scott James Macallister, and Amy Saltzman as trustees.
Oliver Killam Private Foundation's 2024 filing lists 4 officers; all 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Cheryl Saltzman
Trustee
On filings since 2020
5 hrs/week
$24K (2020) → $35K (2024)
Frank Muzio
Trustee
On filings since 2020
5 hrs/week
$24K (2020) → $35K (2024)
Scott James Macallister
Trustee
On filings since 2020
5 hrs/week
$24K (2020) → $35K (2024)
Amy Saltzman
Trustee
On filings since 2021
5 hrs/week
$10K (2021) → $35K (2024)
Former officers (1)
- Former: Mary Macallister (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $35K, to Frank Muzio (Trustee). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Oliver Killam Private Foundation
How much does Oliver Killam Private Foundation give each year?
Oliver Killam Private Foundation gave $211K across 28 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $289K across 43 grants.
What is Oliver Killam Private Foundation's typical grant size?
Oliver Killam Private Foundation's median grant in 2024 was $5,000, and its average grant was $7,549, across 28 grants on its 2024 IRS Form 990-PF.
Where does Oliver Killam Private Foundation give grants?
Oliver Killam Private Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Oliver Killam Private Foundation give general operating support?
Not in 2024: none of the 28 grants with a stated purpose on Oliver Killam Private Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (26 grants).
How large is Oliver Killam Private Foundation?
Oliver Killam Private Foundation reported $15.1M in total assets on its 2024 IRS Form 990-PF. It paid out $220K in qualifying distributions that year, against a required minimum of $881K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Oliver Killam Private Foundation fund?
No mission statement is provided. The 2024 grants show support for scholarships, a library, and a college. Stonehill College describes itself as a Catholic institution of higher learning and a community of scholarship and faith. See mission & focus areas ↑
How do I apply for a grant from Oliver Killam Private Foundation?
The filing lists a form application from the high school and says awards are restricted to graduates of Marblehead High School. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Oliver Killam Private Foundation's EIN?
Oliver Killam Private Foundation's EIN (Employer Identification Number) is 05-0566794. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Oliver Killam Private Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Dorothy Harrison Egan Foundation
Nantucket, MA
The Dorothy Harrison Egan Foundation primarily funds scholarships for students pursuing health- or health care-related studies, and its recent grants also include general support for organizations. In 2025, grants ranged from $1,000 to $55,000, with a median of $7,488; funding was concentrated in Massachusetts. Its 2024 filing says scholarship applicants should submit a written request, but does not state whether unsolicited organizational requests are accepted.
Assets
$6.1M
Grants
76
Total Given
$663K
Felicia M Delorenzo Scholarship
Boston, MA
The Felicia M. DeLorenzo Scholarship Foundation supports post-secondary education for high school graduates who live in Arlington, Massachusetts, with scholarships recognizing academic achievement, strong work ethic, and community commitment. In 2024, grants ranged from $1,500 to $63,125, with a median of $4,500; the Foundation does not accept unsolicited funding requests.
Assets
$4.6M
Grants
61
Total Given
$367K
Ernst & Young Foundation
New York, NY
Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.
Assets
$47.6M
Grants
637
Total Given
$16.7M
Demarco Charitable Foundation
Braintree, MA
The DeMarco Charitable Foundation funds education and marine education and rescue, with 2024 grants ranging from $500 to $5,000 (median $1,500). Its 2024 grants all went to recipients in Massachusetts, and it accepts unsolicited requests with no formal application, procedures, or deadlines.
Assets
$5K
Grants
24
Total Given
$36K
Rockland Trust Charitable Foundation
Rockland, MA
The Rockland Trust Charitable Foundation supports eligible public charities working in affordable housing, children and youth, financial inclusion and workforce development, small-business assistance, and community well-being, especially for low- to moderate-income populations. Its 2025 grants ranged from $500 to $45,000, with a median of $5,000, for organizations serving its Massachusetts, New Hampshire, and Rhode Island service areas. The profile describes an application process but does not state whether unsolicited requests are accepted.
Assets
$53.4M
Grants
345
Total Given
$2.3M
More similar funders
More Funders in Massachusetts
Cite this profile
Grantable. (2026). Oliver Killam Private Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/oliver-killam-private-foundation-morg_4c507202999f4bf4a0497d573efb596b
BibTeX
@misc{grantable_050566794_2026,
author = {{Grantable}},
title = {{Oliver Killam Private Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/oliver-killam-private-foundation-morg_4c507202999f4bf4a0497d573efb596b},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Oliver Killam Private Foundation'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.
Oliver Killam Private Foundation down — hundreds of funders to go?