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.
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
Cities
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
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
74 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS BOONE, IA | HURRICANE HELENE RELIEF | $10,000 |
| LOYOLA UNIVERSITY MARYLAND BALTIMORE, MD | DONNELLY SCIENCE CENTER | $100,000 |
| UNIVERSITY OF MD SCHOOL OF MEDICINE BALTIMORE, MD | PROFESSORSHIP ENDOWMENT | $200,000 |
| UNIV OF MD ST JOSEPH MEDICAL CTR TOWSON, MD | DIGESTIVE DISEASE CENTER | $300,000 |
| GBMC BALTIMORE, MD | PERCUTANEOUS NEPHROLITHOTOMY PROGRAM | $100,000 |
| STEVENSON UNIVERSITY STEVENSON, MD | AMPHITHEATER | $100,000 |
| EASTON DAY CARE CENTER INC EASTON, MD | OPERATIONS | $10,000 |
| SUNRISE DAY CAMPS ASSOCIATION BALTIMORE, MD | HORIZON ON WHEELS PROGRAM | $50,000 |
| SAINT VINCENT DE PAUL SOCIETY EASTON, MD | OPERATIONS | $10,000 |
| COMMUNITY FND OF HARFORD COUNTY BEL AIR, MD | SUPPORT 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS F FRIEDMAN | PRES./TREAS. | 3.5 | — |
| PHYLLIS C FRIEDMAN | SECRETARY | 2.5 | — |
| FREDDIE J TRAUB | VICE 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 ScholarshipSubject 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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