Sylvester Memorial Fund is a private foundation focused on Education, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 13 grants totaling $12K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
+1.3% YoY
Annual Giving
$12K
-19.0% YoY
Grant Count
13
-31.6% YoY
Avg Grant Size
$900.385
+18.4% YoY
Under IRS private-foundation payout rules, Sylvester Memorial Fund reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Sylvester Memorial Fund
Based on IRS filings
Sylvester Memorial Fund is a private foundation focused on Education, based in NORWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 13 grants totaling $12K. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,104 | $242,054 | $254,676 |
| Revenue | $16,376 | $7,474 | $30,308 |
| Expenses | $13,326 | $20,096 | $19,161 |
| Qualifying Distributions | $11,705 | $14,445 | $14,060 |
| Net Investment Income | $16,376 | $7,564 | $30,308 |
| Distributable Amount | $12,018 | $12,231 | $11,229 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Saint John the Evangelist ($2,500), Norwell High School Scholarship ($2,000), Nvna and Hospice ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APPALACHIAN MOUNTAIN CLUB BOSTON, MA | FAMILY MEMBERSHIP | $100 |
| COMPASSION INTERNATIONAL COLORADO SPRINGS, CO | RELIGIOUS | $1,000 |
| CUSHING POND PRESERVATION GROUP HINGHAM, MA | ENVIRONMENTAL | $500 |
| FLORIDA OCEANOGRAPHIC SOCIETY STUART, FL | ENVIRONMENTAL | $300 |
| HINGHAM LAND CONSERVATION TRUST HINGHAM, NH | EDUCATIONAL | $200 |
| NORWELL HIGH SCHOOL SCHOLARSHIP NORWELL, MA | EDUCATIONAL | $2,000 |
| NVNA AND HOSPICE NORWELL, MA | EDUCATIONAL | $2,000 |
| SAINT JOHN THE EVANGELIST NORWELL, MA | RELIGIOUS | $2,500 |
| TRUSTEES OF RESERVATIONS BOSTON, MA | ENVIRONMENTAL | $180 |
| VERMONT INST OF NAT SCIENCE QUECHEE, VT | ENVIRONMENTAL | $175 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIRGINIA H MURRAY | TRUSTEE | — | — |
| PETER M POLSON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sylvester Memorial Fund?
Sylvester Memorial Fund is a private foundation focused on Education, based in NORWELL, MA. It holds $245K in total assets as of 2024.
How large is Sylvester Memorial Fund?
As of 2024, Sylvester Memorial Fund holds $245K in total assets with $16K in annual revenue. It awarded 13 grants totaling $12K in 2024.
Where does Sylvester Memorial Fund operate?
Sylvester Memorial Fund has awarded grants in Colorado, District of Columbia, Florida, Iowa, Indiana, Massachusetts, Maryland, Maine, Nebraska, New Hampshire, New York, Ohio, Pennsylvania, Tennessee, Texas, Virginia, Vermont, Washington, Wisconsin.
What size grants does Sylvester Memorial Fund award?
In 2024, Sylvester Memorial Fund awarded 13 grants totaling $12K — an average of about $900.385 per grant, based on its IRS Form 990 filings.
How much is Sylvester Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sylvester Memorial Fund reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sylvester Memorial Fund's EIN?
Sylvester Memorial Fund's EIN (Employer Identification Number) is 04-6047069. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sylvester Memorial Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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