Steven J Massarsky Charitable Trust

Private foundation · Grantmaker Rancho Santa Fe, CA EIN: 81-3394988

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

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

ProvidenceNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2020 1 grant2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

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

Brown University: $240KBrown University$240KNelson School of Entrepreneurship at Brown University: $70KNelson School ofEntrepreneurship at Brown…$70K

The largest 2025 recipient was Brown University ($240K). Together the top 2 received $310K.

Grant Size Distribution

9 grants across all recorded years

3<$50K1$50–100K2$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 9 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Brown University Providence, RIMedical Research$240,000
Nelson School of Entrepreneurship at Brown University Providence, RITo Foster Entrepreneurship$70,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. 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

Robert W Holmes — Trustee: $65KRobert W HolmesTrustee$65K

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.

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