The Fay School Inc
To nurture each child's potential through a broad, balanced, and challenging program that establishes the foundation for a meaningful life.
The Fay School Inc at a glance
In short: The Fay School Inc gave $20K across 1 grant in 2025 (avg $20K). Source: 2025 IRS Form 990.
- Annual giving (2025)
- $20,000
- Grants made (2025)
- 1
- Average grant
- $20,000
- Median grant
- $20,000
- Total assets
- $133,013,098
- +1.2% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Fay School Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Town of Southborough ($20K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Southborough | Purchase of a Police Cruiser | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $133,013,098 | $38,921,534 | $38,552,549 | $20,000 | 1 | $3,679,298 |
| 2024 | $131,497,899 | $35,127,973 | $35,714,637 | — | — | $3,333,004 |
| 2023 | $128,851,326 | $34,224,651 | $32,744,817 | — | — | $4,741,932 |
| 2022 | $128,787,216 | $32,779,683 | $29,761,079 | — | — | $3,099,321 |
| 2021 | $132,674,309 | $32,644,090 | $28,436,910 | — | — | $3,132,275 |
| 2020 | $107,158,040 | $28,014,225 | $29,980,893 | — | — | $1,006,843 |
| 2019 | $112,743,659 | $29,894,835 | $29,851,163 | — | — | $1,489,728 |
About The Fay School Inc
Based on IRS filings
The Fay School Inc is a public charity focused on Education, based in Southborough, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $133.0M in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $3.7M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Fay School Inc is led by Ann M. Laquerre, President since 2024 (on filings since 2019); 8 of 29 officers listed in 2025 are compensated.
Officers on the 2025 filing
Ann M. Laquerre
President
Trustee → Vice President, 2020
Vice President → President, 2024
On filings since 2019
2 hrs/week
No compensation reported
Robert Crawford
Director of Advancement
Director of Marketing → Director of Advancement, 2020
On filings since 2019
37.5 hrs/week
$126K (2019) → $244K (2025)
Peter Fearey
Director of Innovation
On filings since 2024
37.5 hrs/week
$223K (2024) → $232K (2025)
David W. Harris
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Faith Wallace-Gadsden
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Jae Hoon Kim
Trustee
On filings since 2019
2 hrs/week
No compensation reported
John Simon
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Melissa Demarco Bois
Trustee
Trustee → Treasurer, 2022
Treasurer → Trustee, 2024
On filings since 2019
2 hrs/week
No compensation reported
William Picardi
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Arthur K. Ting
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Brendon P. Giblin
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Heather R. Girolamo
Trustee
Trustee → Treasurer, 2021
Treasurer → Trustee, 2022
On filings since 2020
2 hrs/week
No compensation reported
Peter C. Bauer
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Doug Loud
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Jessica Mooraj
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Sean Lu
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Eleanor Brown
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Helen Lin
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Jean Sung
Trustee
On filings since 2024
2 hrs/week
No compensation reported
Gilbert Zawaira
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Diane Byrne
Assistant Head of School for Operations
Assistant Head of School for Finance & Operations → Assistant Head of School for Operations & Finance, 2024
Assistant Head of School for Operations & Finance → Assistant Head of School for Operations, 2025
On filings since 2019
37.5 hrs/week
$100K (2019) → $334K (2025)
Elizabeth Whitney
Associate Head of School
Director of Admission → Associate Head of School, 2023
On filings since 2019
37.5 hrs/week
$136K (2019) → $309K (2025)
Robert J. Gustavson Jr.
Former Head of School
Head of School & Ex-Officio → Head of School, 2021
Head of School → Former Head of School, 2025
On filings since 2019
37.5 hrs/week
$490K (2019) → $769K (2025)
John Sumner
Head of Upper School
On filings since 2024
37.5 hrs/week
$180K (2024) → $174K (2025)
Judi Ann O'Brien
Asstistant Head of School for the Educational Program
New on the 2025 filing
37.5 hrs/week
$265K (2025)
Susanna Waters
Head of School
New on the 2025 filing
37.5 hrs/week
$251K (2025)
Sara R. Mars
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Alex Curtis
Vice President
Trustee → Vice President, 2024
On filings since 2021
2 hrs/week
No compensation reported
Laurie Vance
Treasurer
Trustee → Treasurer, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (27)
- Former: Kaitlyn Cronin (2023–2024) — Head of Lower School
- Former: James P. Shay (2019–2023) — President
- Former: Warren W. Lee (2019–2023) — Trustee
- Former: Katharine Knuppel (2022–2023) — Head of Primary School & Director of the Early Lea
- Former: Jillian Anthony (2023) — Director of Equity & Inclusion
- Former: Noreen R. Harrington (2019–2022) — Trustee
- Former: Steven Jensen (2020–2022) — Director of Innovation
- Former: Sarah Remsberg (2021–2022) — Head of Upper School
- Former: Brian Light (2019–2021) — Trustee
- Former: Cathy Papadellis (2019–2021) — Trustee
- Former: Herbert L. Camp (2019–2021) — Trustee
- Former: Rae-Eun Sung (2019–2021) — Trustee
- Former: Stuart Rosenwald (2019–2021) — Associate Head of School
- Former: Yvonne V. Marsh (2019–2021) — Trustee
- Former: Alan Clarance (2019–2020) — Former Director of Finance
- Former: Ann Wardwell (2019–2020) — Former Director of Advancement
- Former: Dennis Hoffman (2019–2020) — Trustee
- Former: Douglass N. Loud (2019–2020) — Trustee
- Former: Jo Greystone (2019–2020) — Trustee
- Former: Julia Porrazzo (2019–2020) — Director of the Educational Pr
- Former: Nell W. Reynolds (2019–2020) — Trustee
- Former: Albert K. Ting (2019) — Trustee
- Former: Ann-Elizabeth Rueppel (2019) — Trustee
- Former: Charles Pieper Jr. (2019) — Treasurer
- Former: Harvey I. Steinberg (2019) — Trustee
- Former: Philip R. Morgan (2019) — Trustee
- Former: Victoria S. Robinson (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "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 $769K, to Robert Gustavson (Former Head of School). 8 officers or directors reported compensation on that filing.
Frequently asked questions about The Fay School Inc
How much does The Fay School Inc give each year?
The Fay School Inc gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is The Fay School Inc?
The Fay School Inc reported $133.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $38.9M.
What is The Fay School Inc?
The Fay School Inc is a public charity focused on Education, based in Southborough, MA. It holds $133.0M in total assets as of 2025.
What is The Fay School Inc's EIN?
The Fay School Inc's EIN (Employer Identification Number) is 04-2103573. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 1, 2026)
Live grants for the work The Fay School Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Fay School Inc's focus areas in our free grants database
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The Fay School Inc down — hundreds of funders to go?