Richard & Carol Saivetz Family
Richard & Carol Saivetz Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTNUT HILL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $388K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $48K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$388K
+15.8% YoY
Annual Giving
$20K
-24.9% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$4K
-24.9% YoY
Under IRS private-foundation payout rules, Richard & Carol Saivetz Family reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard & Carol Saivetz Family
Based on IRS filings
Richard & Carol Saivetz Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTNUT HILL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $388K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $48K.
Focus Areas
Ready to take the next step with Richard & Carol Saivetz Family?
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 | $388,217 | $335,196 | $324,666 |
| Revenue | $87,026 | $46,784 | $15,150 |
| Expenses | $34,005 | $36,254 | $28,433 |
| Qualifying Distributions | $20,350 | $27,100 | $22,100 |
| Net Investment Income | $48,359 | $12,213 | $8,817 |
| Distributable Amount | $46,147 | $34,180 | $30,748 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Temple Emanuel ($6,000), Gillete Center ($5,000), Massachusetts General Hospital ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GANN ACADEMY WALTHAM, MA | UNRESTRICTED FOR GENERAL FUND | $750 |
| GILLETE CENTER BOSTON, MA | UNRESTRICTED FOR GENERAL FUND | $5,000 |
| SOLOMON SCHECHTER DAY SCHOOL NEWTON, MA | UNRESTRICTED FOR GENERAL FUND | $3,600 |
| TEMPLE EMANUEL NEWTON, MA | UNRESTRICTED FOR GENERAL FUND | $6,000 |
| MASSACHUSETTS GENERAL HOSPITAL BOSTON, MA | UNRESTRICTED FOR GENERAL FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL SAIVETZ | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard & Carol Saivetz Family?
Richard & Carol Saivetz Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTNUT HILL, MA. It holds $388K in total assets as of 2024.
How large is Richard & Carol Saivetz Family?
As of 2024, Richard & Carol Saivetz Family holds $388K in total assets with $87K in annual revenue. It awarded 5 grants totaling $20K in 2024.
Where does Richard & Carol Saivetz Family operate?
Richard & Carol Saivetz Family has awarded grants in Massachusetts, New York.
What size grants does Richard & Carol Saivetz Family award?
In 2024, Richard & Carol Saivetz Family awarded 5 grants totaling $20K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Richard & Carol Saivetz Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard & Carol Saivetz Family reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard & Carol Saivetz Family's EIN?
Richard & Carol Saivetz Family's EIN (Employer Identification Number) is 31-1560043. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard & Carol Saivetz Family's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Irving and Bernice Singer Family
MANCHESTER, NH
Assets
$47K
Grants
2
Total Given
$45K
The Mittlemann Family Foundation
NEW YORK, NY
Assets
$1.7M
Grants
12
Total Given
$74K
Rosalyn and Richard Slifka
WALTHAM, MA
Assets
$5.8M
Grants
38
Total Given
$3.1M
The Charles & Lynn Kramer Family
HAMMONTON, NJ
Assets
$2.6M
Grants
5
Total Given
$2.6M
Clsj Foundation Inc
WEST HARTFORD, CT
Assets
$399K
Grants
73
Total Given
$83K
The Ellen Jeanne Goldfarb Memorial
FARMINGTON, CT
Assets
$1.8M
Grants
51
Total Given
$315K
Jewish Federation of Metropolitan
CHICAGO, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
Sklare Family Foundation
SKOKIE, IL
Assets
—
Grants
28
Total Given
$408K
Helios Foundation
NEENAH, WI
Assets
—
Grants
70
Total Given
$690K
Jmz Charitable Foundation Inc
HARTFORD, CT
Assets
$2.9M
Grants
46
Total Given
$372K
Center for Contemporary Judaica Inc
ENGLEWOOD, NJ
Assets
$2.5M
Grants
5
Total Given
$82K
The Jacoby Metson Foundation Inc
NEWTON, MA
Assets
$180K
Grants
4
Total Given
$32K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Richard & Carol Saivetz Family on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities