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Also known as: F/K/A THE STEINERT FAMILY FOUNDATION
Comet Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2021. The principal officer is % Langley Steinert. It holds total assets of $14.2M. Annual income is reported at $6.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Comet Foundation has made 4 grants totaling $813K, with a median grant of $125K. Annual giving has grown from $250K in 2022 to $563K in 2023. Individual grants have ranged from $63K to $500K, with an average award of $203K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and New Hampshire. Contributions to this foundation are tax-deductible.
Comet Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA, NH.
Comet Foundation has distributed a total of $813K across 4 grants. The median grant size is $125K, with an average of $203K. Individual grants have ranged from $63K to $500K.
The application deadline is NOT APPLICABLE. NOT APPLICABLE.
Comet Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Langley Steinert | TRUSTEE | $0 | $0 | $0 |
| Hilary Steinert | TRUSTEE | $0 | $0 | $0 |
Total Giving
$731K
Total Assets
$12.4M
Fair Market Value
$13.6M
Net Worth
$12.4M
Grants Paid
$563K
Contributions
$0
Net Investment Income
$81K
Distribution Amount
$635K
Total: $10.8M
Total Grants
4
Total Giving
$813K
Average Grant
$203K
Median Grant
$125K
Unique Recipients
3
Most Common Grant
$125K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard CollegeEDUCATION | Cambridge, MA | $500K | 2023 |
| Dartmouth CollegeEDUCATION | Hanover, NH | $63K | 2023 |
| Pingree SchoolGENERAL APPEAL | South Hamilton, MA | $125K | 2022 |
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