The Jack Satter Foundation is a private foundation established by Jack Satter during his lifetime. Based in Salem, New Hampshire, the foundation continues Mr. Satter's philanthropic legacy following his death in 2014. The foundation operates as a non-operating foundation focused on grantmaking to pre-selected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.7M
-9.8% YoY
Annual Giving
$7.3M
+14.2% YoY
Grant Count
58
-1.7% YoY
Avg Grant Size
$126K
+16.1% YoY
Mission & Focus Areas
The Jack Satter Foundation is committed to helping:
- The elderly, particularly Jewish seniors
- Young people with physical and developmental disabilities
- Young people with mental health issues and/or substance use disorders
- Veterans
- Individuals and families facing cancer and Alzheimer's disease
The foundation makes single and multi-year grants for programs in the broad areas of:
- Health Care
- Mental Health
- Education
- Disability Inclusion
Grantmaking
The Jack Satter Foundation accepts applications by invitation-only. The foundation does not accept unsolicited grant requests, letters of inquiry, or proposals at this time.
Grant Range
s and Types:**
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations serving communities in:
- Massachusetts (particularly Boston)
- Palm Beach, Florida
- New York
- Connecticut
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $38.7 million to $42.9 million (figures vary by reporting date)
- Annual Income: $17.9 million
- Total Giving: $6.4 million to $7.3 million annually
- Foundation Expenses: $6.9 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,718,602 | $42,905,516 | $47,832,137 |
| Revenue | $3,628,343 | $1,897,562 | $813,288 |
| Expenses | $7,863,300 | $6,903,385 | $5,994,407 |
| Qualifying Distributions | $7,663,318 | $6,729,810 | $5,731,374 |
| Net Investment Income | $3,453,756 | $1,731,987 | $1,060,641 |
| Distributable Amount | $3,043,649 | $2,932,390 | $3,155,985 |
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
247 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Samuel Levy (Trustee)
- Sylvia Levy (Trustee)
- Eric M. Wolf (Trustee)
- Mary Lou Cocci (Trustee)
- Hemenway Trust Company (Principal Officer)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMUEL LEVY | TRUSTEE | 3 | $20,000 |
| SYLVIA LEVY | TRUSTEE | 3 | $20,000 |
| ERIC M WOLF | TRUSTEE | 11 | $40,000 |
| MARY LOU COCCI | TRUSTEE | 10 | $40,000 |
Recent News & Activity
Recent developments and announcements
The Jack Satter Foundation has endowed the Stepping Strong Innovator Awards, supporting research and innovation initiatives. The foundation has also supported research efforts related to Alzheimer's disease and other health conditions affecting its priority populations.
Jack Satter Foundation Endows Stepping Strong Innovator AwardsSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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