Saugus High School Scholarship Fund Inc
Saugus High School Scholarship Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAUGUS, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $308K in total assets. In 2024, it awarded 48 grants totaling $36K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$308K
-8.9% YoY
Annual Giving
$36K
+23.5% YoY
Grant Count
48
+37.1% YoY
Avg Grant Size
$739.583
-10.0% YoY
Under IRS private-foundation payout rules, Saugus High School Scholarship Fund Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Saugus High School Scholarship Fund Inc
Based on IRS filings
Saugus High School Scholarship Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAUGUS, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $308K in total assets. In 2024, it awarded 48 grants totaling $36K. Net investment income was $2K.
Focus Areas
Ready to take the next step with Saugus High School Scholarship Fund Inc?
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 | $307,644 | $337,520 | $382,771 |
| Revenue | $2,451 | $1,413 | $1,736 |
| Expenses | $38,779 | $29,684 | $47,969 |
| Qualifying Distributions | $31,100 | $28,750 | $41,250 |
| Net Investment Income | $2,451 | $1,413 | $736 |
| Distributable Amount | $15,552 | $17,085 | $19,384 |
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 2024
Grant Size Distribution
183 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jessica Bremberg ($5,000), Sarah Dorielan ($3,000), Gabriella Huber ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Felicia Alexander Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Maximus Barboza Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Brandon Barreiros Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Isabella Belluscio Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Frantzson Brutus Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Madison Casaletto Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Jordan Chantha Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Sofia Davalos Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Kathyrn De Souza Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
| Sebastian Delios Saugus, MA | TO BE USED TOWARD FIRST YEAR OF COLLEGE TUITION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL HASHEM | DIRECTOR | 0.5 | — |
| LEANNE MOTTOLA | SECRETARY | 0.2 | — |
| DANIELLE FERREIRA | TREASURER | 0.5 | — |
| BRENDON SULLIVAN | PRESIDENT | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Saugus High School Scholarship Fund Inc?
Saugus High School Scholarship Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAUGUS, MA. It holds $308K in total assets as of 2024.
How large is Saugus High School Scholarship Fund Inc?
As of 2024, Saugus High School Scholarship Fund Inc holds $308K in total assets with $2K in annual revenue. It awarded 48 grants totaling $36K in 2024.
Where does Saugus High School Scholarship Fund Inc operate?
Saugus High School Scholarship Fund Inc has awarded grants in Massachusetts.
What size grants does Saugus High School Scholarship Fund Inc award?
In 2024, Saugus High School Scholarship Fund Inc awarded 48 grants totaling $36K — an average of about $739.583 per grant, based on its IRS Form 990 filings.
How much is Saugus High School Scholarship Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Saugus High School Scholarship Fund Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Saugus High School Scholarship Fund Inc's EIN?
Saugus High School Scholarship Fund Inc's EIN (Employer Identification Number) is 20-0698608. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Saugus High School Scholarship Fund Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Fidelity Foundation
BOSTON, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Bny Mellon Charitable Gift Fund
BOSTON, MA
Assets
$2.0M
Grants
1,503
Total Given
$720.2M
Analog Devices Foundation
BOSTON, MA
Assets
$35.8M
Grants
1,158
Total Given
$2.0M
Combined Jewish Philanthropies of Greater Boston Inc
BOSTON, MA
Assets
$2.3B
Grants
1,105
Total Given
$322.3M
Barr Foundation
BOSTON, MA
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
BOSTON, MA
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (fka Oneworld Boston Inc)
WOBURN, MA
Assets
$258.2M
Grants
658
Total Given
$38.2M
American Tower Corporation Foundation
BOSTON, MA
Assets
$15.4M
Grants
632
Total Given
$1.7M
The Stephen Phillips Memorial
BOSTON, MA
Assets
$41.6M
Grants
520
Total Given
$5.1M
Berkshire Bank Foundation Inc
PITTSFIELD, MA
Assets
$17.1M
Grants
478
Total Given
$2.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Saugus High School Scholarship Fund Inc 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