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Brewster Foundation is a private trust based in SANTA MONICA, CA. The foundation received its IRS ruling in 2005. The principal officer is Bessemer Trust. It holds total assets of $8.3M. Annual income is reported at $1.5M. The foundation is governed by 7 officers and trustees. The Brewster Foundation is a private grantmaking foundation established by Leonard S. Schaeffer, managed through Bessemer Trust in Santa Monica, California. The foundation distributes approximately $500,000 to $550,000 annually in charitable grants to pre-selected nonprofit organizations. With total assets of approximately $8.25 million and investments in corporate stocks and government obligations, the foundation maintains consistent grantmaking funded primarily through investment returns. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in California and National. According to available records, Brewster Foundation has made 40 grants totaling $1.5M, with a median grant of $10K. The foundation has distributed between $470K and $506K annually from 2020 to 2022. Individual grants have ranged from $1K to $233K, with an average award of $37K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in California, New Jersey, Massachusetts, which account for 75% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Brewster Foundation is a private grantmaking foundation established by Leonard S. Schaeffer, managed through Bessemer Trust in Santa Monica, California. The foundation distributes approximately $500,000 to $550,000 annually in charitable grants to pre-selected nonprofit organizations. With total assets of approximately $8.25 million and investments in corporate stocks and government obligations, the foundation maintains consistent grantmaking funded primarily through investment returns. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in CA, NJ, MA.
Brewster Foundation has distributed a total of $1.5M across 40 grants. The median grant size is $10K, with an average of $37K. Individual grants have ranged from $1K to $233K.
Brewster Foundation typically selects its grantees rather than accepting unsolicited proposals. Private foundation managed by Bessemer Trust. Does not accept unsolicited grant applications. All grants are made to pre-selected organizations at the discretion of the trustee, Leonard S. Schaeffer.
Brewster Foundation is headquartered in SANTA MONICA, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jacob Vaughan | TRUSTEE | $0 | $0 | N/A |
| Roberty Kelly | TRUSTEE | $0 | $0 | N/A |
| Leonard D Schaeffer | TRUSTEE | $0 | $0 | N/A |
| Pamela S Schaeffer | TRUSTEE | $0 | $0 | N/A |
| David S Schaeffer | TRUSTEE | $0 | $0 | N/A |
| Jacqueline S Schaeffer | TRUSTEE | $0 | $0 | N/A |
| Amy Schaeffer | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.3M
Fair Market Value
N/A
Net Worth
$8.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
40
Total Giving
$1.5M
Average Grant
$37K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityGENERAL | Providence, RI | $3K | 2022 |
| University Of Southern CaliforniaGENERAL | Los Angeles, CA | $233K | 2022 |
| Princeton UniversityGENERAL | Princeton, NJ | $153K | 2022 |
| Harvard Medical SchoolGENERAL | Boston, MA | $25K | 2022 |
| Cape Cod Healthcare FoundationGENERAL | Hyannis, MA | $15K | 2022 |
| Everytown For Gun SafetyGENERAL | New York, NY | $15K | 2022 |
| Cedars - Sinai Medical CenterGENERAL | Los Angeles, CA | $15K | 2022 |
| The Miller Center FoundationGENERAL | Charlottesville, VA | $15K | 2022 |
| Brewster Conservation TrustGENERAL | Brewster, MA | $10K | 2022 |
| Dennis Conservation TrustGENERAL | East Dennis, MA | $10K | 2022 |
| The Urban InstituteGENERAL | Washington, DC | $10K | 2022 |
| The Compact Of Cape Cod ConservationGENERAL | Barnstable, MA | $1K | 2022 |
| Association To Preserve Cape CodGENERAL | Barnstable, MA | $1K | 2022 |
| Cape Cod Museum Of Natural HistoryGENERAL | Brewster, MA | $1K | 2022 |
| National Academy Of MedicineGENERAL | Philadelphia, PA | $25K | 2020 |
| Everytown For Gun Safety Support FundGENERAL | New York, NY | $15K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA