Shaich Family Foundation
Shaich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82.5M in total assets. In 2024, it awarded 2 grants totaling $3.5M. Net investment income was $2.4M.
Key facts about Shaich Family Foundation
- EIN
- 20-0499971
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,541,566
- Grants made (2024)
- 2
- Average grant
- $1,770,783
- Median grant
- $1,770,783
- Total assets
- $82,493,344
- Primary geography
- Massachusetts (72% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Shaich Family Foundation gives
- Giving fell 43% from 2021 to 2024. Method
- In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Shaich Family Foundation
- How to evaluate Shaich Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$82.5M
+8.7% YoY
Annual Giving
$3.5M
+3.8% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$1.8M
-48.1% YoY
Under IRS private-foundation payout rules, Shaich Family Foundation reported a distributable amount of $4.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Shaich Family Foundation
Based on IRS filings
Shaich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82.5M in total assets. In 2024, it awarded 2 grants totaling $3.5M. Net investment income was $2.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $82,493,344 | $75,915,772 | $67,514,673 |
| Revenue | $2,485,370 | $619,751 | $911,307 |
| Expenses | $3,688,716 | $3,574,362 | $1,485,201 |
| Qualifying Distributions | $3,556,184 | $3,423,394 | $1,262,690 |
| Net Investment Income | $2,405,390 | $1,644,358 | $1,445,971 |
| Distributable Amount | $4,010,572 | $3,573,550 | $3,519,716 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Fidelity Investments Charitable Gift Fund ($2,541,566), Washington University ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Boston, MA | General operating support | $2,541,566 |
| Washington University Saint Louis, MO | General operating support | $1,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ronald M Shaich | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shaich Family Foundation?
Shaich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami, FL. It holds $82.5M in total assets as of 2024.
How large is Shaich Family Foundation?
As of 2024, Shaich Family Foundation holds $82.5M in total assets with $2.5M in annual revenue. It awarded 2 grants totaling $3.5M in 2024.
Where does Shaich Family Foundation operate?
Shaich Family Foundation has awarded grants in Massachusetts, Missouri.
What size grants does Shaich Family Foundation award?
In 2024, Shaich Family Foundation awarded 2 grants totaling $3.5M — an average of about $1.8M per grant, based on its IRS Form 990 filings.
How much is Shaich Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shaich Family Foundation reported a distributable amount of $4.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shaich Family Foundation's EIN?
Shaich Family Foundation's EIN (Employer Identification Number) is 20-0499971. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.