Steven J Massarsky Charitable Trust
Steven J Massarsky Charitable Trust is a private foundation, based in Rancho Santa Fe, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.7M in total assets. In 2025, it awarded 2 grants totaling $310K. Net investment income was $530K.
Key facts about Steven J Massarsky Charitable Trust
In short: Steven J Massarsky Charitable Trust gave $310K across 2 grants in 2025 (avg $155K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- EIN
- 81-3394988
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $310,000
- Grants made (2025)
- 2
- Average grant
- $155,000
- Median grant
- $155,000
- Total assets
- $5,729,404
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.7M
+2.9% YoY
Annual Giving
$310K
+6.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$155K
+6.9% YoY
Under IRS private-foundation payout rules, Steven J Massarsky Charitable Trust reported a distributable amount of $380K for 2025 — the minimum it must pay out in qualifying distributions.
How Steven J Massarsky Charitable Trust gives
- Giving grew 24% from 2022 to 2025. Method
- In 2025 it paid out 97% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10K (2020) to $310K (2025). In 2025 it made 2 grants totaling $310K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Brown University ($240K). Together the top 2 received $310K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 3 grants of 9 (33%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Brown University Providence, RI | Medical Research | $240,000 |
| Nelson School of Entrepreneurship at Brown University Providence, RI | To Foster Entrepreneurship | $70,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,729,404 | $5,567,495 | $5,487,843 |
| Revenue | $604,997 | $222,150 | $200,192 |
| Expenses | $443,088 | $397,737 | $376,737 |
| Qualifying Distributions | $368,241 | $339,963 | $329,013 |
| Net Investment Income | $530,150 | $419,614 | $204,245 |
| Distributable Amount | $379,816 | $362,496 | $322,959 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Steven J Massarsky Charitable Trust's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
Robert W. Holmes
Trustee
On filings since 2020
7 hrs/week
$30K (2021) → $65K (2025)
Nitzana Silverman
Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Louis Teichholz (2020–2024) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $65K, to Robert W Holmes (Trustee).
Frequently asked questions about Steven J Massarsky Charitable Trust
How much does Steven J Massarsky Charitable Trust give each year?
Steven J Massarsky Charitable Trust gave $310K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $290K across 2 grants.
How large is Steven J Massarsky Charitable Trust?
Steven J Massarsky Charitable Trust reported $5.7M in total assets on its 2025 IRS Form 990-PF. It paid out $368K in qualifying distributions that year, against a required minimum of $380K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Steven J Massarsky Charitable Trust operate?
Steven J Massarsky Charitable Trust has awarded grants in New York, Rhode Island.
What is Steven J Massarsky Charitable Trust's EIN?
Steven J Massarsky Charitable Trust's EIN (Employer Identification Number) is 81-3394988. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Steven J Massarsky Charitable Trust by hand.
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