Sayles & Maddocks Family Foundation
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
17
-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.
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
Cities
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
| 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.
Explore Open Grants
Browse active grant opportunities in Sayles & Maddocks Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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