The Spiros Segalas Charitable Trust
The Spiros Segalas Charitable Trust is a private foundation based in New Canaan, Connecticut. Established in 1985, the trust operates as a 501(c)(3) charitable organization with no paid staff. The foundation primarily provides general support funding to educational and healthcare institutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$513K
-4.4% YoY
Annual Giving
$28K
-99.3% YoY
Grant Count
2
-92.3% YoY
Avg Grant Size
$14K
-90.6% YoY
Under IRS private-foundation payout rules, The Spiros Segalas Charitable Trust reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust was established in honor of Spiros "Sig" Segalas, a pioneer in growth investing and founder of Jennison Associates, an equity management firm. The foundation's giving reflects Segalas's values of inclusion, independent thinking, and diversity of perspectives, as well as his commitment to higher education and mentoring emerging leaders.
The trust supports organizations across education and healthcare sectors.
Grantmaking
The trust made 11 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total assets: $512,632
- Total revenues: $25,923
- Total expenses: $49,728
- Investment income and dividends: $25,923
As of December 31, 2023:
- Investment income and dividends: $47,013
- Net gain from sale of non-inventory assets: $736,022
The foundation's revenue is primarily derived from investment income. The significant decline in revenues from 2023 to 2024 reflects reduced investment gains.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $512,632 | $536,437 | $3,752,328 |
| Revenue | $25,923 | $620,846 | $3,972,515 |
| Expenses | $49,728 | $3,836,737 | $245,099 |
| Qualifying Distributions | $37,728 | $3,818,849 | $225,250 |
| Net Investment Income | $25,923 | $560,627 | $64,353 |
| Distributable Amount | $45,984 | $162,235 | $58,389 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ny Presbyterian Hospital ($20,000), New Canaan Library ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW CANAAN LIBRARY NEW CANAAN, CT | UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE | $7,500 |
| NY PRESBYTERIAN HOSPITAL NEW YORK, NY | UNRESTRICTED SUPPORT OF THE ORGANIZATIONS TAX EXEMPT PURPOSE | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Daphne S Sampson serves as Trustee of the foundation. Sampson is the daughter of Spiros Segalas and informed the trust's recent major gift to Fordham University's Gabelli School of Business.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAPHNE S SAMPSON | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2024, the Spiros Segalas Charitable Trust made a substantial gift to Fordham University's Gabelli School of Business. The contribution named the school's Global Initiatives and Undergraduate Advising Suite on the Lincoln Center campus in honor of Spiros Segalas. The gift was designed to enhance critical academic services for students and reflects the founder's commitment to higher education and developing the next generation of leaders.
The Spiros Segalas Charitable Trust Makes a Generous Gift to the GabelliFrequently Asked Questions
What does The Spiros Segalas Charitable Trust fund?
The trust was established in honor of Spiros "Sig" Segalas, a pioneer in growth investing and founder of Jennison Associates, an equity management firm. The foundation's giving reflects Segalas's values of inclusion, independent thinking, and diversity of perspectives, as well as his commitment to higher education and mentoring emerging leaders. The trust supports organizations across education and healthcare sectors.
How do I apply for a grant from The Spiros Segalas Charitable Trust?
The trust made 11 grants in 2024. Recent grants include: • **Trustees NY Presbyterian Hospital UW**: $20,000 for unrestricted support of the organization's tax-exempt purpose (December 2024) • **The New Canaan Library**: $7,500 for unrestricted support of the organization's tax-exempt purpose (December 2024) The foundation provides unrestricted general support grants to its grantees. Historical grantmaking has included support for Princeton University.
What size grants does The Spiros Segalas Charitable Trust award?
In 2024, The Spiros Segalas Charitable Trust awarded 2 grants totaling $28K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Spiros Segalas Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Spiros Segalas Charitable Trust reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Spiros Segalas Charitable Trust's EIN?
The Spiros Segalas Charitable Trust's EIN (Employer Identification Number) is 13-6848308. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Spiros Segalas Charitable Trust's focus areas in our free grants database
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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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