Saugus High School Scholarship Fund Inc
Saugus High School Scholarship Fund Inc is a private foundation based in Saugus, Massachusetts. Its filings describe scholarships for Saugus High School seniors, including awards designated for first-year college tuition.
Saugus High School Scholarship Fund Inc at a glance
In short: Saugus High School Scholarship Fund Inc gave $36K across 48 grants in 2024 (avg $739.583), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $35,500
- +23.5% vs 2023
- Grants made (2024)
- 48
- +37.1% vs 2023
- Average grant
- $740
- -10.0% vs 2023
- Median grant
- $500
- Total assets
- $307,644
- -8.9% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Saugus High School Scholarship Fund Inc
- How to Apply
-
The 2023 filing lists a resume, the Saugus Scholarship Application, and a data sheet as application materials. It states that giving is not restricted to preselected organizations.
- Review Cycle
- The filing listed June 13, 2024, a past deadline.
- Deadline
- The filing listed June 13, 2024, a past deadline.
- Contact
Application contact: Mr Michael Hashem Principal Saugus
Mailing address: One Pearce Memorial Drive, Saugus, MA 01906
Phone: (781) 231-5027
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Saugus High School Scholarship Fund Inc funds
How this funder distributes its grants
Grant Size Distribution
216 grants across all recorded years
The most common grant size was under $50K: 216 grants of 216 (100%).
Geographic Focus
Where this funder awards grants
All reported 2024 grant dollars went to recipients in Massachusetts. The fund’s stated scholarship eligibility is for Saugus High School seniors.
Grant Distribution by State
Share of 2024 grant dollars across all 48 itemized grants.
States
Cities
How Saugus High School Scholarship Fund Inc gives
- Giving fell 21% from 2021 to 2024. Method
- In 2024 it paid out 200% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $29K (2023) to $45K (2021). In 2024 it made 48 grants totaling $36K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 48 individual scholarships Recipients not named | — | $35,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $307,644 | $2,451 | $38,779 | $35,500 | 48 | $31,100 | $2,451 | $15,552 |
| 2023 | $337,520 | $1,413 | $29,684 | $28,750 | 35 | $28,750 | $1,413 | $17,085 |
| 2022 | $382,771 | $1,736 | $47,969 | $44,750 | 69 | $41,250 | $736 | $19,384 |
| 2021 | $382,942 | $1,200 | $51,476 | $45,000 | 64 | — | $1,200 | $21,742 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a formal mission. The fund’s stated scholarship categories include awards for Saugus High School seniors, and 2024 grant purposes identify first-year college tuition.
Grantmaking
In 2024, the fund reported 48 grants totaling $35,500. Grant amounts ranged from $500 to $5,000, with a median of $500. The largest listed awards went to individual recipients in Massachusetts for first-year college tuition: $5,000, $3,000, and $2,000.
The fund’s 2023 filing says scholarships are available to Saugus High School seniors in categories including the Douglas Lockwood Memorial Scholarship ($5,000), valedictorian ($4,000), salutatorian ($3,000), Unsung Hero ($3,000), Most Improved ($1,000), North Shore Chamber of Commerce (Top 10%) ($6,000), and Saugus High School principal’s discretion for needy students ($10,000), as well as various principal’s, assistant principal’s, and trustee’s awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Michael Hashem as director, Leanne Mottola as secretary, Danielle Ferreira as treasurer, and Brendon Sullivan as president.
Saugus High School Scholarship Fund Inc is led by Brendon Sullivan, President since 2022 (on filings since 2021); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Brendon Sullivan
President
Director → President, 2022
On filings since 2021
0.5 hrs/week
No compensation reported
Michael Hashem
Director
President → Director, 2022
On filings since 2021
0.5 hrs/week
No compensation reported
Danielle Ferreira
Treasurer
On filings since 2021
0.5 hrs/week
No compensation reported
Leanne Mottola
Secretary
Clerk → Secretary, 2022
On filings since 2021
0.2 hrs/week
No compensation reported
Former officers (1)
- Former: John J. Smolinsky (2021) — Director
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Saugus High School Scholarship Fund Inc
How much does Saugus High School Scholarship Fund Inc give each year?
Saugus High School Scholarship Fund Inc gave $36K across 48 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $29K across 35 grants.
What is Saugus High School Scholarship Fund Inc's typical grant size?
Saugus High School Scholarship Fund Inc's median grant in 2024 was $500, and its average grant was $740, across 48 grants on its 2024 IRS Form 990-PF.
Where does Saugus High School Scholarship Fund Inc give grants?
Saugus High School Scholarship Fund Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Saugus High School Scholarship Fund Inc give general operating support?
Not in 2024: none of the 48 grants with a stated purpose on Saugus High School Scholarship Fund Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Be Used Toward First Year of College Tuition" (48 grants).
How large is Saugus High School Scholarship Fund Inc?
Saugus High School Scholarship Fund Inc reported $308K in total assets on its 2024 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).
What does Saugus High School Scholarship Fund Inc fund?
The available information does not state a formal mission. The fund’s stated scholarship categories include awards for Saugus High School seniors, and 2024 grant purposes identify first-year college tuition. See mission & focus areas ↑
How do I apply for a grant from Saugus High School Scholarship Fund Inc?
The 2023 filing lists a resume, the Saugus Scholarship Application, and a data sheet as application materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Saugus High School Scholarship Fund Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/saugus-high-school-scholarship-fund-inc-morg_4fe0f1f448664180893d54ad81d42ccf
BibTeX
@misc{grantable_200698608_2026,
author = {{Grantable}},
title = {{Saugus High School Scholarship Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/saugus-high-school-scholarship-fund-inc-morg_4fe0f1f448664180893d54ad81d42ccf},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Saugus High School Scholarship Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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