Sharon E Fay & Maxine Schaffer Family
Sharon E Fay & Maxine Schaffer Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. Net investment income was $481K.
Key facts about Sharon E Fay & Maxine Schaffer Family
- EIN
- 27-6385378
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $4,788,171
Data from IRS Form 990-PF, 2024; updated September 2026.
How Sharon E Fay & Maxine Schaffer Family gives
- In 2022 it paid out 2% 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 Sharon E Fay & Maxine Schaffer Family
- How to evaluate Sharon E Fay & Maxine Schaffer Family as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Sharon E Fay & Maxine Schaffer Family with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
+7.6% YoY
Revenue
$534K
+997.5% YoY
Net Investment Income
$481K
+728.6% YoY
Expenses
$5K
+18.6% YoY
Under IRS private-foundation payout rules, Sharon E Fay & Maxine Schaffer Family reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
About Sharon E Fay & Maxine Schaffer Family
Based on IRS filings
Sharon E Fay & Maxine Schaffer Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. Net investment income was $481K.
Focus Areas
Ready to take the next step with Sharon E Fay & Maxine Schaffer Family?
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 | $4,788,171 | $4,450,650 | $4,399,167 |
| Revenue | $534,262 | $48,678 | $100,427 |
| Expenses | $5,369 | $4,526 | $22,442 |
| Qualifying Distributions | — | — | $5,000 |
| Net Investment Income | $480,673 | $58,011 | $85,414 |
| Distributable Amount | $245,219 | $216,977 | $214,833 |
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 0 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
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 |
|---|---|---|---|
| Sharon E Fay | Trustee | — | — |
| Maxine Schaffer | Trustee | — | — |
| Matthew a Berlin | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sharon E Fay & Maxine Schaffer Family?
Sharon E Fay & Maxine Schaffer Family is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds $4.8M in total assets as of 2024.
How large is Sharon E Fay & Maxine Schaffer Family?
As of 2024, Sharon E Fay & Maxine Schaffer Family holds $4.8M in total assets with $534K in annual revenue.
Where does Sharon E Fay & Maxine Schaffer Family operate?
Sharon E Fay & Maxine Schaffer Family has awarded grants in Alabama, Massachusetts, New York.
How much is Sharon E Fay & Maxine Schaffer Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sharon E Fay & Maxine Schaffer Family reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sharon E Fay & Maxine Schaffer Family's EIN?
Sharon E Fay & Maxine Schaffer Family's EIN (Employer Identification Number) is 27-6385378. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sharon E Fay & Maxine Schaffer Family's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Commonwealth Fund
New York, NY
Assets
$922.7M
Grants
534
Total Given
$31.3M
Eugene M Lang Foundation
New York, NY
Assets
$27.3M
Grants
183
Total Given
$4.7M
Silicon Valley Community Foundation
Mountain View, CA
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
The Warburg Pincus Foundation
New York, NY
Assets
$449K
Grants
407
Total Given
$8.5M
Rockefeller Brothers Fund Inc
New York, NY
Assets
$1.4B
Grants
646
Total Given
$60.4M
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
Analog Devices Foundation
Boston, MA
Assets
—
Grants
1,177
Total Given
$1.9M
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
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings.