Stamps Family Charitable Foundation Inc
Stamps Family Charitable Foundation Inc is a private foundation based in Boston, Massachusetts. Its charitable giving includes support for educational institutions, while its Stamps Scholars Program works with partner schools to provide merit-based scholarships and enrichment opportunities to students.
Key facts about Stamps Family Charitable Foundation Inc
In short: Stamps Family Charitable Foundation Inc gave $19.4M across 16 grants in 2024 (avg $1.2M), mostly in Illinois. 69% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 04-2943910
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $19,410,977
- Grants made (2024)
- 16
- Average grant
- $1,213,186
- Median grant
- $5,750
- New grantees (estimate)
- 69% first-time grantees (11 of 16, 2024)
- Total assets
- $75,490,206
- Primary geography
- Illinois (90% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$75.5M
-5.6% YoY
Annual Giving
$19.4M
+313.2% YoY
Grant Count
16
+23.1% YoY
Avg Grant Size
$1.2M
+235.7% YoY
Under IRS private-foundation payout rules, Stamps Family Charitable Foundation Inc reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
Is Stamps Family Charitable Foundation Inc open to new grantees?
69%
first-time grantees, 2024
In 2024, 11 of 16 grantees (69%) were first-time recipients. First grants averaged $174K; repeat grants $3.5M. How we count
Medians: $10K first-time, $1K repeat.
- 25% of 2024 grantees were also funded in 2023. Method
- Giving grew 38722% from 2021 to 2024. Method
- In 2024 it paid out 429% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The Foundation’s website describes the Stamps Scholars Program’s purpose as enabling extraordinary educational experiences. The program seeks students demonstrating academic merit, leadership potential, and exceptional character; financial need is not a consideration. Students apply through partner schools, and scholarship terms and eligibility vary by school.
The 2024 grants included support for a range of organizations. Miami Lighthouse for the Blind describes its work as providing education, training, research, vision enhancement, and learning opportunities to promote independence for people who are blind or visually impaired. Miami Children’s Museum describes itself as an educational institution offering interactive exhibits and programs related to arts, culture, community, and communication. Dolphins Cycling Challenge says it raises funds for cancer research and treatment centers and promotes cancer awareness and education. These are the grantees’ descriptions of their own work.
Grantmaking
In 2024, the Foundation reported 16 grants totaling $19,410,977. Grant amounts ranged from $60 to $17,488,165, with a median of $5,750. The largest grants included $17,488,165 to Chicago Community Trust, $1,568,000 to Georgia Tech Foundation, and $232,000 to the University of Arizona; each was listed as an unrestricted donation. Other reported grants included $50,000 to National Navy UDT-SEAL Museum and $25,000 to MD Anderson Cancer Center, also listed as unrestricted donations.
Review Cycle
vary by school, and some schools may require a separate scholarship application.
How to Apply
es and deadlines vary by school, and some schools may require a separate scholarship application.
Ready to take the next step with Stamps Family Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
In 2024, reported grant dollars went primarily to Illinois (90%) and Georgia (8%), followed by Arizona (1%). Florida and Texas each accounted for a reported 0%. The largest recipient was Chicago Community Trust in Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $24K (2022) to $19.4M (2024). In 2024 it made 16 grants totaling $19.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Chicago Community Trust ($17.5M). Together the top 10 received $19.4M.
Grant Size Distribution
63 grants across all recorded years
The most common grant size was under $50K: 56 grants of 63 (89%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chicago Community Trust Chicago, IL | Unrestricted Donation | $17,488,165 |
| Georgia Tech Foundation Atlanta, GA | Unrestricted Donation | $1,568,000 |
| University of Arizona Tuscon, AZ | Unrestricted Donation | $232,000 |
| National Navy UDT-SEAL Museum Fort Pierce, FL | Unrestricted Donation | $50,000 |
| MD Anderson Cancer Center Houston, TX | Unrestricted Donation | $25,000 |
| Miami Lighthouse For The Blind Miami, FL | Unrestricted Donation | $19,500 |
| The Children's Movement Of Florida Miami, FL | Unrestricted Donation | $10,411 |
| Ovarian Cancer Institute Atlanta, GA | Unrestricted Donation | $10,000 |
| St Hugh Catholic Church Coconut Grove, FL | Unrestricted Donation | $1,500 |
| U of Miami Coral Gables, FL | Unrestricted Donation | $1,341 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $75,490,206 | $15,425,331 | $19,884,917 | $19,410,977 | 16 |
| 2023 | $79,944,582 | $1,116,473 | $5,055,307 | $4,697,932 | 13 |
| 2022 | $83,883,416 | −$1,339,962 | $858,098 | $23,540 | 9 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $75,490,206 | $79,944,582 | $83,883,416 |
| Revenue | $15,425,331 | $1,116,473 | $-1,339,962 |
| Expenses | $19,884,917 | $5,055,307 | $858,098 |
| Qualifying Distributions | $19,410,977 | $4,697,932 | $23,540 |
| Net Investment Income | $4,000,582 | $2,008,051 | $1,792,425 |
| Distributable Amount | $4,524,641 | $4,598,172 | $4,750,090 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists E Roe Stamps IV as President, David H Hopfenberg as Treasurer and Clerk, and Elizabeth A Stamps as Vice President.
Stamps Family Charitable Foundation Inc is led by E Roe Stamps IV, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
E Roe Stamps IV
President
On filings since 2020
No compensation reported
David H Hopfenberg
Treasurer & Clerk
On filings since 2020
No compensation reported
Elizabeth A Stamps
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 21 Commonwealth Avenue, Boston, MA 02116
Phone: (401) 667-0504
Website: https://stampsscholars.org
Frequently asked questions about Stamps Family Charitable Foundation Inc
How much does Stamps Family Charitable Foundation Inc give each year?
Stamps Family Charitable Foundation Inc gave $19.4M across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.7M across 13 grants.
What is Stamps Family Charitable Foundation Inc's typical grant size?
Stamps Family Charitable Foundation Inc's median grant in 2024 was $5,750, and its average grant was $1,213,186, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Stamps Family Charitable Foundation Inc that year got $174K on average.
Where does Stamps Family Charitable Foundation Inc give grants?
Stamps Family Charitable Foundation Inc gives mostly in Illinois: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (8%). The most frequent recipient cities were Miami, FL (4 grants) and Atlanta, GA (2 grants).
Does Stamps Family Charitable Foundation Inc give general operating support?
Yes: 100% of Stamps Family Charitable Foundation Inc's 2024 grants with a stated purpose (16 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Stamps Family Charitable Foundation Inc's largest grantees?
Stamps Family Charitable Foundation Inc's largest 2024 grantees include Chicago Community Trust ($17,488,165), Georgia Tech Foundation ($1,568,000) and University of Arizona ($232,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Stamps Family Charitable Foundation Inc?
Stamps Family Charitable Foundation Inc reported $75.5M in total assets on its 2024 IRS Form 990-PF. It paid out $19.4M in qualifying distributions that year, against a required minimum of $4.5M (roughly 5% of its investment assets).
What does Stamps Family Charitable Foundation Inc fund?
The Foundation’s website describes the Stamps Scholars Program’s purpose as enabling extraordinary educational experiences. The program seeks students demonstrating academic merit, leadership potential, and exceptional character; financial need is not a consideration. See mission & focus areas ↑
How do I apply for a grant from Stamps Family Charitable Foundation Inc?
Stamps Family Charitable Foundation Inc does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check stampsscholars.org for any change to that policy.
What is Stamps Family Charitable Foundation Inc's EIN?
Stamps Family Charitable Foundation Inc's EIN (Employer Identification Number) is 04-2943910. IRS Form 990 filing data is available on this page for 2020–2024.
Does Stamps Family Charitable Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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