Sayles & Maddocks Family Foundation

Foundation · Grantmaker WEST BOOTHBAY HARBOR, ME EIN: 06-6395098

The Sayles & Maddocks Family Foundation is a private family foundation established in 1993 in Connecticut and currently based in West Boothbay Harbor, Maine. The foundation operates as a 501(c)(3) tax-exempt organization with no employees, focusing on general charitable purposes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+6.1% YoY

Annual Giving

$204K

-1.0% YoY

Grant Count

-15.0% YoY

Avg Grant Size

$12K

+16.5% YoY

Under IRS private-foundation payout rules, Sayles & Maddocks Family Foundation reported a distributable amount of $180K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds general charitable purposes. Its grantmaking focuses on:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Connecticut
Massachusetts
New York

Grant Distribution by State

Connecticut $421K (46%)

Massachusetts $335K (37%)

Maine $107K (12%)

New York $50K (5%)

States

Connecticut Massachusetts Maine New York

Cities

Boothbay HarborBostonBridgeportCambridgeConcordKensingtonNatickNew YorkNortonNorwalkSmithtownWestportWinchendon

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

Total Assets: $1,555,843
Total Revenue: $320,434
Total Expenses: $231,611
Total Giving: $204,000
Net Income: $88,823

Revenue Sources (2024):

Investment income and dividends: $56,234
Net gain from sale of non-inventory assets: $264,200

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,555,843	$1,466,255	$1,544,306
Revenue	$320,434	$153,492	$248,359
Expenses	$231,611	$231,543	$204,897
Qualifying Distributions	$204,000	$206,000	$179,500
Net Investment Income	$320,434	$153,492	$229,316
Distributable Amount	$180,347	$144,464	$145,931

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

83 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Red Cross ($28,000), Wheaton College ($25,000), Norwalk Hospital Fdn ($25,000).

Recipient	Purpose	Amount
Harvard University Cambridge, MA	General charitable purposes	$3,000
Wheaton College Norton, MA	General charitable purposes	$25,000
Simmons University Boston, MA	General charitable purposes	$21,000
American Red Cross Bridgeport, CT	General charitable purposes	$28,000
Norwalk Hospital Fdn Norwalk, CT	General charitable purposes	$25,000
United Way Norwalk, CT	General charitable purposes	$23,000
Unitarian Church of Westport Westport, CT	General charitable purposes	$5,000
Alzheimer's Association Kensington, CT	General charitable purposes	$6,500
Guide Dog Foundation Smithtown, NY	General charitable purposes	$10,000
Walnut Hill School Natick, MA	General charitable purposes	$8,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Marily M Kerney	Pres./Trustee	0.5	—
David M Harris	Treas./Trustee	0.1	—
Jonathan B Baldwin	VP/Trustee	0.1	—
Sara McCarthy	Trustee	0.1	—
Patricia Sayles	Trustee	0.1	—

Contact Information

Address: PO Box 127, West Boothbay Harbor, ME 04575-0127

Phone: 207-504-7486

EIN: 06-6395098

Tax-Exempt Status: Recognized since March 1994

Frequently Asked Questions

What does Sayles & Maddocks Family Foundation fund?

The foundation primarily funds general charitable purposes. Its grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Sayles & Maddocks Family Foundation?

**Grant Characteristics:** • Typical award range: $2,000–$40,000 • Recent grant activity: 17 grants made in 2024 **Recent Grants (2024):** • Wheaton College: $25,000 • Boothbay Region YMCA: $25,000 • Simmons University: $21,000

Where does Sayles & Maddocks Family Foundation make grants?

The foundation primarily funds organizations in: • Connecticut • Massachusetts • New York

What size grants does Sayles & Maddocks Family Foundation award?

In 2024, Sayles & Maddocks Family Foundation awarded 17 grants totaling $204K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Sayles & Maddocks Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sayles & Maddocks Family Foundation reported a distributable amount of $180K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sayles & Maddocks Family Foundation's EIN?

Sayles & Maddocks Family Foundation's EIN (Employer Identification Number) is 06-6395098. IRS Form 990 filing data is available on this page for 2020–2024.