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
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
**
Ready to take the next step with William E Schrafft and Bertha E Schrafft Charitable Trust?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with William E Schrafft and Bertha E Schrafft Charitable Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities