The Sherrie R Savett Family Foundation
The Sherrie R Savett Family Foundation is a private foundation, based in Philadelphia, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 1 grant totaling $100K. Net investment income was $406K.
The Sherrie R Savett Family Foundation at a glance
In short: The Sherrie R Savett Family Foundation gave $100K across 1 grant in 2025 (avg $100K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $100,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $100,000
- +0.0% vs 2024
- Median grant
- $100,000
- Total assets
- $2,497,012
- +13.4% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Sherrie R Savett Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Harold Grinspoon Foundation ($100K).
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 24 grants of 27 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Sherrie R Savett Family Foundation gives
- Giving fell 29% from 2022 to 2025. Method
- In 2025 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $9K (2023) to $151K (2019). In 2025 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harold Grinspoon Foundation Agawam, MA | General Fund | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,497,012 | $539,213 | $136,412 | $100,000 | 1 | $100,000 | $406,212 | $145,769 |
| 2024 | $2,201,225 | $472,641 | $130,771 | $100,000 | 1 | $100,000 | $346,406 | $127,772 |
| 2023 | $1,957,331 | $74,077 | $37,460 | $8,680 | 4 | $8,680 | $51,876 | $114,060 |
| 2022 | $1,925,714 | $180,672 | $171,385 | $140,958 | 7 | $140,958 | $57,875 | $113,653 |
| 2021 | $1,918,113 | $283,127 | $101,519 | $61,448 | 14 | $61,448 | $259,672 | $120,589 |
| 2020 | $1,737,357 | $630,247 | $153,920 | $135,850 | 16 | — | $569,649 | $75,023 |
| 2019 | $1,262,030 | $135,824 | $170,295 | $150,500 | 5 | — | $117,726 | $78,083 |
Under IRS private-foundation payout rules, The Sherrie R Savett Family Foundation reported a distributable amount of $146K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Sherrie R Savett Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark S. Blaskey
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Sherrie R. Savett
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
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.
Frequently asked questions about The Sherrie R Savett Family Foundation
How much does The Sherrie R Savett Family Foundation give each year?
The Sherrie R Savett Family Foundation gave $100K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 1 grant.
How large is The Sherrie R Savett Family Foundation?
The Sherrie R Savett Family Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $146K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Sherrie R Savett Family Foundation operate?
The Sherrie R Savett Family Foundation has awarded grants in California, Massachusetts, Maryland, New York, Pennsylvania.
What is The Sherrie R Savett Family Foundation's EIN?
The Sherrie R Savett Family Foundation's EIN (Employer Identification Number) is 25-6912746. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 15, 2026)
- IRS filings on file for fiscal years 2019–2025
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