The Saunders Foundation Co Shipman & Goodwin
The Saunders Foundation Co Shipman & Goodwin is a private foundation based in Hartford, Connecticut, established in 1985. The foundation is managed by the law firm Shipman & Goodwin LLP and operates as a 501(c)(3) exempt private foundation.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.6M
-3.5% YoY
Annual Giving
$236K
+10.8% YoY
Grant Count
14
+16.7% YoY
Avg Grant Size
$17K
-5.0% YoY
Under IRS private-foundation payout rules, The Saunders Foundation Co Shipman & Goodwin reported a distributable amount of $313K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities emphasize:
- Performing arts, with particular emphasis on music
- Education
- Health
- Human services
- Youth programs
Grantmaking
The foundation supports annual gifts, annual operating support, unrestricted gifts, and project-specific funding.
Average Grant
amount varies by year; recent grants have included awards of $75,000, $20,000, and $10,000
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states, with primary focus areas including:
- Connecticut
- Massachusetts
- New Hampshire
- New York
- Pennsylvania
Key cities funded include Hartford, New Haven, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (as of June 2024):
- Total assets: $4,763,144
- Total revenues: $234,926
- Total expenses: $299,876
- Total giving: $235,750–$213,000 (varies by reporting period)
Organization Structure:
- Number of employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,595,204 | $4,763,144 | $4,828,155 |
| Revenue | $163,318 | $234,926 | $239,427 |
| Expenses | $331,206 | $299,876 | $356,975 |
| Qualifying Distributions | $299,296 | $269,765 | $329,218 |
| Net Investment Income | $131,408 | $204,317 | $211,670 |
| Distributable Amount | $312,896 | $302,997 | $280,192 |
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 2025
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Lasell University ($75,000), Wadsworth Antheneum Museum of Art ($65,000), Hartford Symphony Orchestra ($33,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CONCORA NEW BRITAIN, CT | ANNUAL GIFT | $15,000 |
| WADSWORTH ANTHENEUM MUSEUM OF ART HARTFORD, CT | ANNUAL GIFT | $65,000 |
| HARTFORD SYMPHONY ORCHESTRA HARTFORD, CT | ANNUAL GIFT | $33,500 |
| PLANNED PARENTHOOD OF SOUTHERN NEW NEW HAVEN, CT | ANNUAL GIFT | $1,250 |
| INTERVAL HOUSE HARTFORD, CT | ANNUAL GIFT | $500 |
| HARTFORD HOSPITAL HARTFORD, CT | ANNUAL GIFT | $1,250 |
| HARTFORD PUBLIC LIBRARY HARTFORD, CT | ANNUAL GIFT | $1,250 |
| REAL ART WAYS HARTFORD, CT | ANNUAL GIFT | $5,000 |
| LASELL UNIVERSITY NEWTON, MA | ANNUAL GIFT | $75,000 |
| NEW BRITAIN MUSEUM OF AMERICAN ART NEW BRITAIN, CT | NEW EXHIBITION OF WORK BY | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COLEMAN H CASEY | TRUSTEE | 3 | — |
Recent News & Activity
Recent developments and announcements
In October 2024, the Saunders Foundation announced a $30 million commitment to the University of Rochester Medical Center. This multi-year gift supports the Department of Orthopaedics and the School of Nursing, funding research and other programs at the institution.
$30 Million Gift from Saunders Foundation Supports Department of Orthopaedics,Frequently Asked Questions
What does The Saunders Foundation Co Shipman & Goodwin fund?
The foundation's giving priorities emphasize: • **Performing arts**, with particular emphasis on music • Education • Health • Human services • Youth programs
How do I apply for a grant from The Saunders Foundation Co Shipman & Goodwin?
**Grant Activity:** • Made 22 grants in the most recent fiscal year (2024) • Typical award range: $500–$110,000 • Average grant amount varies by year; recent grants have included awards of $75,000, $20,000, and $10,000 **Recent Grant Recipients (2024):** • Lasell University ($75,000 annual gift) • New Britain Museum of American Art ($20,000 for new exhibition) • Musical Masterworks ($10,000 annual gift) • Wadsworth Atheneum Museum of Art **Grant Types:** The foundation supports annual gifts, an…
Where does The Saunders Foundation Co Shipman & Goodwin make grants?
The foundation supports organizations across multiple states, with primary focus areas including: • Connecticut • Massachusetts • New Hampshire • New York • Pennsylvania Key cities funded include Hartford, New Haven, and New York.
What size grants does The Saunders Foundation Co Shipman & Goodwin award?
In 2025, The Saunders Foundation Co Shipman & Goodwin awarded 14 grants totaling $236K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is The Saunders Foundation Co Shipman & Goodwin required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Saunders Foundation Co Shipman & Goodwin reported a distributable amount of $313K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Saunders Foundation Co Shipman & Goodwin's EIN?
The Saunders Foundation Co Shipman & Goodwin's EIN (Employer Identification Number) is 06-6284362. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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