Philip a Zaffere Foundation Inc

TOWSON, MD EIN: 81-3437018

The Philip A. Zaffere Foundation Inc is a private foundation based in Towson, Maryland. The foundation operates as a philanthropic organization managed by a volunteer leadership team, distributing grants across multiple states and the District of Columbia.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$18.5M

-1.6% YoY

Annual Giving

$1.5M

+16.6% YoY

Grant Count

24

+84.6% YoY

Avg Grant Size

$64K

-36.8% YoY

Under IRS private-foundation payout rules, Philip a Zaffere Foundation Inc reported a distributable amount of $1.8M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation does not specify particular subject areas of focus in its filings but has demonstrated a commitment to educational initiatives and scholarship programs.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple states and jurisdictions, including:

  • Maryland (primary focus, with funding in Aberdeen, Baltimore, Easton, Havre de Grace, Joppa, Stevenson, and Towson)
  • Kansas (including Topeka)
  • District of Columbia
  • New York
  • Iowa

Grant Distribution by State

5states

Cities

AberdeenBaltimoreBel AirBooneEarlevilleEastonEdgewoodFrederickFreelandHavre De GraceJoppaStaten IslandStevensonTimoniumTopekaTowsonWashington

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $18.5 million to $18.8 million
  • Annual Giving: $1.3 million to $1.5 million
  • Annual Expenses: Approximately $1.5 million
  • Annual Revenue: Approximately $1 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$480K$959K$1M$2M20212022202320242025
Metric202520242023
Total Assets$18,510,220$18,820,278$19,307,993
Revenue$1,434,263$1,037,992$823,349
Expenses$1,744,321$1,525,707$1,481,318
Qualifying Distributions$1,625,000$1,405,000$1,380,000
Net Investment Income$1,331,332$920,991$717,408
Distributable Amount$1,837,081$1,632,614$1,404,352

Giving Over Time

Total grant dollars and number of grants per year

$0$386K$773K$1M$2M11 grants20217 grants202219 grants202313 grants202424 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

UNIVERSITY OF MD SCHOOL …$400KUNIV OF MD ST JOSEPH MED…$300KUNIVERSITY OF MD SCHOOL …$200KLOYOLA UNIVERSITY MARYLAND$100KGBMC$100KSTEVENSON UNIVERSITY$100KEASTON DAY CARE CENTER INC$100KSUNRISE DAY CAMPS ASSOCI…$50KBOYS & GIRLS CLUB METRO …$35KCOMMUNITY FND OF HARFORD…$20K

Grant Size Distribution

74 grants across all recorded years

44<$50K3$50–100K16$100–250K8$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include University of Md School of Medicine ($400,000), Univ of Md St Joseph Medical Ctr ($300,000), University of Md School of Medicine ($200,000).

RecipientPurposeAmount
AMERICAN RED CROSS BOONE, IAHURRICANE HELENE RELIEF$10,000
LOYOLA UNIVERSITY MARYLAND BALTIMORE, MDDONNELLY SCIENCE CENTER$100,000
UNIVERSITY OF MD SCHOOL OF MEDICINE BALTIMORE, MDPROFESSORSHIP ENDOWMENT$200,000
UNIV OF MD ST JOSEPH MEDICAL CTR TOWSON, MDDIGESTIVE DISEASE CENTER$300,000
GBMC BALTIMORE, MDPERCUTANEOUS NEPHROLITHOTOMY PROGRAM$100,000
STEVENSON UNIVERSITY STEVENSON, MDAMPHITHEATER$100,000
EASTON DAY CARE CENTER INC EASTON, MDOPERATIONS$10,000
SUNRISE DAY CAMPS ASSOCIATION BALTIMORE, MDHORIZON ON WHEELS PROGRAM$50,000
SAINT VINCENT DE PAUL SOCIETY EASTON, MDOPERATIONS$10,000
COMMUNITY FND OF HARFORD COUNTY BEL AIR, MDSUPPORT COMMUNITY NEEDS$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a small team of volunteer officers who do not receive compensation:

  • Louis F. Friedman – President and Treasurer
  • Phyllis C. Friedman – Secretary
  • Freddie J. Traub – Vice President

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
LOUIS F FRIEDMANPRES./TREAS.3.5
PHYLLIS C FRIEDMANSECRETARY2.5
FREDDIE J TRAUBVICE PRES.1

Recent News & Activity

Recent developments and announcements

The foundation has made significant contributions to educational institutions:

**Stevenson University:** Provided a $2 million gift for a new campus library in Owings Mills, which was subsequently named the Philip A. Zaffere Library. The library amphitheater is also named in honor of Philip A. Zaffere.

The Philip A. Zaffere Library is Open and Ready to Welcome Stevenson Students,

**University of Maryland School of Medicine:** Established a $2.4 million scholarship endowment for the Rural-MD Scholars Program.

UM School of Medicine Rural-MD Scholars Program Receives $2.4 Million Scholarship

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Philip a Zaffere Foundation Inc fund?

The foundation's primary funding focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation does not specify particular subject areas of focus in its filings but has demonstrated a commitment to educational initiatives and scholarship programs.

How do I apply for a grant from Philip a Zaffere Foundation Inc?

**Grant Amounts:** Typical awards range from $5,000 to $400,000. **Annual Activity:** The foundation awarded approximately $1.3 million to $1.5 million annually in recent fiscal years, with grant counts ranging from approximately 13 to 4,300 grants depending on the fiscal year reported. **Applicant Status:** The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Where does Philip a Zaffere Foundation Inc make grants?

The foundation funds projects across multiple states and jurisdictions, including: • Maryland (primary focus, with funding in Aberdeen, Baltimore, Easton, Havre de Grace, Joppa, Stevenson, and Towson) • Kansas (including Topeka) • District of Columbia • New York • Iowa

What size grants does Philip a Zaffere Foundation Inc award?

In 2025, Philip a Zaffere Foundation Inc awarded 24 grants totaling $1.5M — an average of about $64K per grant, based on its IRS Form 990 filings.

How much is Philip a Zaffere Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Philip a Zaffere Foundation Inc reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Philip a Zaffere Foundation Inc's EIN?

Philip a Zaffere Foundation Inc's EIN (Employer Identification Number) is 81-3437018. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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