The Michael & Helen Schaffer Foundation

WALTHAM, MA EIN: 02-0534424

The Michael & Helen Schaffer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALTHAM, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.0M in total assets. In 2025, it awarded 18 grants totaling $369K. Net investment income was $830K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.0M

+7.1% YoY

Annual Giving

$369K

+70.3% YoY

Grant Count

18

+80.0% YoY

Avg Grant Size

$21K

-5.4% YoY

Under IRS private-foundation payout rules, The Michael & Helen Schaffer Foundation reported a distributable amount of $373K for 2025 — the minimum it must pay out in qualifying distributions.

About The Michael & Helen Schaffer Foundation

Based on IRS filings

The Michael & Helen Schaffer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALTHAM, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.0M in total assets. In 2025, it awarded 18 grants totaling $369K. Net investment income was $830K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Bala CynwydBeverly HillsBoca RatonBostonBrooklineBryn MawrCambridgeChicagoCoconut GroveCohassetEdenEstes ParkFalmouthHollywoodMiamiMiami BeachMiami GardensMill ValleyNeedhamNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$249K$498K$747K$996K202020212022202320242025
Metric202520242023
Total Assets$4,967,440$4,636,113$4,817,933
Revenue$905,556$238,370$222,326
Expenses$574,229$420,190$390,902
Qualifying Distributions$498,187$344,014$312,004
Net Investment Income$829,514$162,686$143,428
Distributable Amount$373,023$341,748$332,051

Giving Over Time

Total grant dollars and number of grants per year

$0$92K$185K$277K$369K16 grants202016 grants202112 grants202213 grants202310 grants202418 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

RANSOM EVERGLADES SCHOOL$50KMAKE A WISH SOUTHERN FLO…$43KJEWISH LEARNING CENTER$35KLEHRMAN COMMUNITY DAY SC…$25KAMERICAN ISRAEL DEMOCRAC…$25KSTYLE SAVES INC$20KTHE SOBE ROOM INC$20KPASADENA COMMUNITY FOUND…$20KSAG HARBOR CINEMA ARTS C…$20KBOLD BEAUTY PROJECT$15K

Grant Size Distribution

69 grants across all recorded years

65<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Ransom Everglades School ($50,000), Make a Wish Southern Florida Foundation ($43,000), Jewish Learning Center ($35,000).

RecipientPurposeAmount
STYLE SAVES INC MIAMI, FLTO SUPPORT THE ORGANIZATIONS MISSION TO PROVIDE ESSENTIAL GOODS AND RESOURCES TO UNDERSERVED STUDENTS AND THEIR FAMILIES TO INCREASE ACADEMIC ACHIEVEMENT AND FOSTERING SELF CONFIDENCETO SUPPORT THE THERAPEUTIC PROGRAMING THROUGH THE BONDS BETWEEN ANIMALS AND HUMANS$20,000
LEHRMAN COMMUNITY DAY SCHOOL MIAMI BEACH, FLTO PROVIDE A DYNAMIC GENERAL AND JUDAIC CURRICULUM NURTURING EACH CHILDS POTENTIAL, SOCIAL CONFIDENCE AND SPIRITUALITY THROUGH ENGAGING EXPERIENTIAL OPPORTUNITIES$25,000
BOLD BEAUTY PROJECT MIAMI, FLTO CREATE CHANGE FOR WOMEN BY UTILIZING ART AT THE INTERSECTION OF BEAUTY AND DISABILITY$15,000
FALMOUTH SERVICE CENTER FALMOUTH, MATO SUPPORT THE CENTERS MISSION TO EASE STRESS, REDUCE HUNGER AND IMPROVE THE QUALITY OF LIFE FOR NEIGHBORS IN NEED$15,000
HAYMAKERS FOR HOPE BOSTON, MATO HELP CANCER RESEARCH, CARE, AWARENESS AND SURVIVORSHIP$10,000
THE SOBE ROOM INC MIAMI BEACH, FLTO PROVIDE A PERMANENT HOME FOR RECOVERING ALCOHOLICS AND OTHER 12 STEP RECOVERY PROGRAMSTO PROVIDE A PERMANENT HOME FOR ALCOHOLICS ANONYMOUS AND OTHER RECOVERY PROGRAMS IN FLORIDA$20,000
AMERICAN ISRAEL DEMOCRACY COALITION BRYN MAWR, PATO HELP JEWS IN ISRAEL WITH FOOD, HEALTH CARE, EDUCATION AND HOUSING$25,000
JEWISH LEARNING CENTER HOLLYWOOD, FLTO ASSIST THE LEARNING CENTER GOAL TO BROADEN THE UNDERSTANDING OF JUDAISM$35,000
PLUM ISLAND FOUNCATION NEWBURYPORT, MATO SUPPORT THE ORGANIZATIONS DEDICATION TO FOSTERING AND PROTECTING A SUSTAINABLE PLUM ISLAND$15,000
PASADENA COMMUNITY FOUNDATION BEVERLY HILLS, CATO SUPPORT THE MISSION TO IMPROVE AND ENRICH THE LIVES OF PEOPLE INCLUDING SUPPORT OF FIRE RECOVERY$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

MICHAEL APPELTRUSTEE$135K

From 2025 filing

NameTitleHoursCompensation
WENDY APPELTRUSTEE8
MICHAEL APPELTRUSTEE32$135,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Michael & Helen Schaffer Foundation?

The Michael & Helen Schaffer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALTHAM, MA. It holds $5.0M in total assets as of 2025.

How large is The Michael & Helen Schaffer Foundation?

As of 2025, The Michael & Helen Schaffer Foundation holds $5.0M in total assets with $906K in annual revenue. It awarded 18 grants totaling $369K in 2025.

Where does The Michael & Helen Schaffer Foundation operate?

The Michael & Helen Schaffer Foundation has awarded grants in California, Colorado, Florida, Illinois, Massachusetts, New York, Pennsylvania, Utah.

What size grants does The Michael & Helen Schaffer Foundation award?

In 2025, The Michael & Helen Schaffer Foundation awarded 18 grants totaling $369K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is The Michael & Helen Schaffer Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Michael & Helen Schaffer Foundation reported a distributable amount of $373K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Michael & Helen Schaffer Foundation's EIN?

The Michael & Helen Schaffer Foundation's EIN (Employer Identification Number) is 02-0534424. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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