William E Schrafft and Bertha E Schrafft Charitable Trust
The William E Schrafft and Bertha E Schrafft Charitable Trust is a private family foundation established in 1946 in Massachusetts. Based in Boston, the Trust is a 501(c)(3) organization committed to supporting nonprofit organizations that serve underserved youth and populations in Massachusetts, with particular emphasis on the cities of Boston and New Bedford.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.6M
+6.9% YoY
Annual Giving
$2.2M
+7.3% YoY
Grant Count
100
+0.0% YoY
Avg Grant Size
$22K
+7.3% YoY
Under IRS private-foundation payout rules, William E Schrafft and Bertha E Schrafft Charitable Trust reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Trust is committed to the intellectual, personal, and artistic growth of underserved youth ages 6-21, primarily through supporting neighborhood-based education programming throughout Boston. The Trust also maintains a special interest in building effective pathways to economic independence for underserved populations in New Bedford through education, entrepreneurship, and economic development.
The Trust supports efforts that help young people develop the skills and knowledge needed to succeed in school and lay the foundation for satisfying and productive lives.
Funding Priorities:
- Youth development and academic enrichment programming
- Arts and culture programming for underserved populations
- Out-of-school programming (after-school, evenings, weekends, and summers)
- Programs demonstrating caring, consistent, long-term relationships between young people and organization staff or volunteers
- High-quality educational, developmental, artistic, and recreational opportunities
- Organizations in New Bedford that leverage regional strengths (people, culture, history, agriculture, fishing, and seacoast resources) to provide pathways to economic independence
Grantmaking
The Trust does not provide grants for capital expenditures or scholarships.
Grant Range
s:**
Review Cycle
**
Grant Types
How to Apply
**
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Geographic Focus
Where this funder awards grants
- Primary: Boston, Massachusetts
- Secondary: New Bedford, Massachusetts
- Broader: Commonwealth of Massachusetts
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $47,553,512
- Total Revenues: $16,468,761
- Total Expenses: $2,755,465
As of 2023:
- Total Assets: $44,500,000
- Total Revenues: $1,910,000
- Total Expenses: $2,520,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $47,553,512 | $44,500,085 | $41,877,533 |
| Revenue | $16,468,761 | $1,908,228 | $1,849,069 |
| Expenses | $2,755,465 | $2,516,734 | $2,409,204 |
| Qualifying Distributions | $2,200,289 | $2,066,000 | $2,035,600 |
| Net Investment Income | $16,228,854 | $1,572,338 | $1,571,832 |
| Distributable Amount | $2,078,805 | $2,097,869 | $2,184,045 |
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
250 grants across all recorded years
Open Grants
2 open opportunities from William E Schrafft and Bertha E Schrafft Charitable Trust
Schrafft Charitable Trust Grants- For New Grantees
William E Schrafft and Bertha E Schrafft Charitable Trust
Amount
Varies
Deadline
Rolling / Open
Schrafft Charitable Trust Grants- For Returning Grantees
William E Schrafft and Bertha E Schrafft Charitable Trust
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Breakthrough Greater Boston ($100,000), Edvestors ($75,000), Celebrity Series of Boston ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 826 Boston Roxbury, MA | After School Writing Tutoring Program | $20,000 |
| 3Point Foundation Boston, MA | Operating | $20,000 |
| All Dorchester Sports & Leadership Dorchester, MA | After School Out of School Sports | $10,000 |
| Artists for Humanity Boston, MA | Youth Arts Enterprise | $30,000 |
| Ballet Theatre of Boston Cambridge, MA | Arts Education Programming in Dorchester | $25,000 |
| Big Sister Assoc of Greater Boston Boston, MA | Mentoring Bostons Girls | $30,000 |
| Bikes Not Bombs Jamaica Plains, MA | Using Bicycle to Advance Economic Mobility | $25,000 |
| Boston Arts Academy Foundation Boston, MA | General Operating Support | $30,000 |
| Boston Ballet Boston, MA | Citydance | $15,000 |
| Boston Children's Museum Boston, MA | Helping Hands Fund | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Kristen McCormack (Chairperson)
- Heidi Brooks
- Lily Mendez
- Joe Corrado
Staff:
- Karen Faulkner (Trustee/Director and Grants Manager/Executive Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lavinia B Chase | Trustee | 4 | $11,250 |
| Kristen J McCormack | Trustee | 20 | $20,000 |
| Karen Faulkner | Executive Director | 40 | $49,140 |
| Joseph Corrado | Trustee | 6 | $15,000 |
| Lily E Mendez | Trustee | 5 | $15,000 |
Contact Information
Address: 2 Liberty Square, Floor 5, Boston, MA 02109-4884
Phone: 617-469-2271
Website: schrafftcharitable.org
Email: funding@schrafftcharitable.org
Technical Assistance: lkelsey@gmafoundations.com
Frequently Asked Questions
What does William E Schrafft and Bertha E Schrafft Charitable Trust fund?
The Trust is committed to the intellectual, personal, and artistic growth of underserved youth ages 6-21, primarily through supporting neighborhood-based education programming throughout Boston. The Trust also maintains a special interest in building effective pathways to economic independence for underserved populations in New Bedford through education, entrepreneurship, and economic development. The Trust supports efforts that help young people develop the skills and knowledge needed to succe…
How do I apply for a grant from William E Schrafft and Bertha E Schrafft Charitable Trust?
**Grant Types:** • Program Grants • General Operating Grants The Trust does not provide grants for capital expenditures or scholarships. **Eligible Organizations:** • Nonprofit 501(c)(3) organizations incorporated in the Commonwealth of Massachusetts • Small to medium-sized, community-based organizations • Charter and district schools in Boston and New Bedford **Grant Sizes:** Typical awards range from $1,000 to $100,000. **Recent Grant Activity:** Recent grants include: • Breakthrough Greater …
Where does William E Schrafft and Bertha E Schrafft Charitable Trust make grants?
• **Primary:** Boston, Massachusetts • **Secondary:** New Bedford, Massachusetts • **Broader:** Commonwealth of Massachusetts
What size grants does William E Schrafft and Bertha E Schrafft Charitable Trust award?
In 2024, William E Schrafft and Bertha E Schrafft Charitable Trust awarded 100 grants totaling $2.2M — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is William E Schrafft and Bertha E Schrafft Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William E Schrafft and Bertha E Schrafft Charitable Trust reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William E Schrafft and Bertha E Schrafft Charitable Trust's EIN?
William E Schrafft and Bertha E Schrafft Charitable Trust's EIN (Employer Identification Number) is 04-6065605. IRS Form 990 filing data is available on this page for 2020–2024.
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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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