Sharon E Fay & Maxine Schaffer Family

BOSTON, MA EIN: 27-6385378

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.

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonBronxBrooklynMontgomeryNew YorkProvincetownTruro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$347K$694K$1M$1M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$101K$135K14 grants20200 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SHARON E FAYTRUSTEE
MAXINE SCHAFFERTRUSTEE
MATTHEW A BERLINTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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