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.

Steven J Massarsky Charitable Trust at a glance

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.

Annual giving (2025)
$310,000
+6.9% vs 2024
Grants made (2025)
2
+0.0% vs 2024
Average grant
$155,000
+6.9% vs 2024
Median grant
$155,000
Total assets
$5,729,404
+2.9% vs 2024
Primary geography
Rhode Island (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Steven J Massarsky Charitable Trust funds

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%).

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

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.

Giving History

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.

Grants by year

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
Your AI grants department

Ready to take the next step with Steven J Massarsky Charitable Trust?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$5,729,404$604,997$443,088$310,0002$368,241$530,150$379,816
2024$5,567,495$222,150$397,737$290,0002$339,963$419,614$362,496
2023$5,487,843$200,192$376,737$295,0002$329,013$204,245$322,959
2022$5,612,611$217,651$340,514$250,8212$290,689$152,132$333,240
2021$5,902,835$241,008$376,450$250,0001$310,917$229,830$313,489
2020$5,983,922$437,597$101,955$10,0001—$443,082$305,741

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.

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.

Data update history

(2)

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

Explore Open Grants

Browse active grant opportunities in Steven J Massarsky Charitable Trust's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in California

Marr-Anderson Family Foundation

Falmouth, ME

The foundation funds education, health, scholarships, and compassionate support during crises, including work with schools, hospitals, and youth and family services. Its 2024 grants ranged from $1,100 to $353,858, with a median of $10,000; it primarily supports Maine communities, and it accepts unsolicited applications from organizations serving Maine.

Assets

$19.1M

Grants

33

Total Given

$681K

Hess Philanthropic Fund

New York, NY

The Hess Philanthropic Fund supports preselected charitable organizations in areas including biomedical research, arts, health care, education, and media, primarily in New York. Its 2025 grants ranged from $1 to $5,125,000, with a median of $20,000. It does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$239.9M

Grants

72

Total Given

$14.9M

The Plymouth Rock Assurance Foundation

Boston, MA

The Plymouth Rock Assurance Foundation supports nonprofits serving communities in need, with interests in education for underserved students, violence prevention for vulnerable youth, and health and safety advocacy for at-risk populations. Its recent filings show two grants a year totaling about $826,000–$990,000, though the recipients were in South Carolina; its stated community-support region includes Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Pennsylvania. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$534K

Grants

2

Total Given

$990K

The Hebb Family Private Foundation

Hunt Valley, MD

The Hebb Family Private Foundation supports a range of charitable organizations, including education, arts and cultural groups, and community-serving nonprofits. In 2025, grants ranged from $500 to $55,000, with a median of $2,000; most funding went to Maryland, with grants also awarded in Massachusetts, Ohio, Rhode Island, and New York. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$3.5M

Grants

31

Total Given

$189K

Morris and Alma Schapiro Fund

New York, NY

The fund supports organizations working in health, education, social services, libraries, and the arts, with most of its giving directed to New York and some to Rhode Island and other states. In 2024, grants ranged from $9,000 to $700,000, with a median of $50,000. It funds only preselected charities and does not accept unsolicited requests.

Assets

$102.4M

Grants

80

Total Given

$7.9M

Select Equity Group Foundation

New York, NY

The foundation supports charitable organizations in advocacy and civil rights, arts and culture, education and youth development, the environment, health, human services, and international development, locally, nationally, and internationally. In 2025, grants ranged from $30 to $500,000, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$44.7M

Grants

854

Total Given

$7.3M

More similar funders

More Funders in California

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Steven J Massarsky Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Steven J Massarsky Charitable Trust down — hundreds of funders to go?

Want AI to do this for you?