Sara & Robert Savage Charitable Foundation
The Sara & Robert Savage Charitable Foundation is a private foundation based in New York, NY, established in 2004 and tax-exempt since March 2009. The foundation operates as a 501(c)(3) organization with no employees and maintains a low public profile, not accepting unsolicited proposals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22K
Annual Giving
$1.4M
Grant Count
9
Avg Grant Size
$154K
Mission & Focus Areas
The foundation primarily funds grantmaking related to three core areas:
- Education & Youth: Support for higher education institutions and youth-focused programs, including schools and educational nonprofits
- Health: Funding for medical institutions and health-related organizations, with particular emphasis on public health and access
- Environment: Support for land conservation and environmental protection organizations
Grantmaking
The foundation does not accept unsolicited proposals. Prospective grantees are advised to network with foundation leadership.
Grant Range
& Activity:**
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Connecticut, and Rhode Island.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending November 2022:
- Total Assets: $261,851
- Total Revenues: $1,219,243
- Total Expenses: $1,929,100
- Total Grants, Contributions, etc.: $659,739
- Investment Income and Dividends: $6,705
- Number of Employees: 0
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $22,221 | $261,851 | $1,531,778 |
| Revenue | $595,855 | $1,219,243 | $1,649,774 |
| Expenses | $1,386,750 | $1,929,100 | $1,172,950 |
| Qualifying Distributions | $1,386,750 | $1,929,100 | — |
| Net Investment Income | $24,958 | $559,504 | $964,253 |
| Distributable Amount | $24,153 | $54,576 | $31,950 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Robert F. Savage Jr. - Co-founder and steerer of the foundation. He is a graduate of Brown University (A.B. in urban studies and business economics) and co-founder of KTR Capital Partners. He is also co-owner of EWI Investors and was previously a partner at Hudson Bay Partners. Savage serves as a member of the board of trustees of Mount Sinai Medical Center in New York.
Sara Savage - Co-founder and steerer of the foundation. She is a lawyer turned interior designer and an active alumna of Brown University, where she serves on several boards. She is also an alumna of Columbia Law School and has served on the board of directors of ASAP!, a nonprofit children's arts program.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT SAVAGE JR | PRES./TREASURER | 1 | — |
| SARA BETH SAVAGE | VP/SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Jeanne & Thomas Hardy Family Foundation
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Total Given
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Ramsleg Foundation
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Assets
$543
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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