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Mussafer Fam Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2019. It holds total assets of $56.6M. Annual income is reported at $15.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mussafer Fam Foundation has made 113 grants totaling $6.8M, with a median grant of $5K. Annual giving has decreased from $4.3M in 2022 to $2.4M in 2023. Individual grants have ranged from $515 to $1M, with an average award of $60K. The foundation has supported 63 unique organizations. The foundation primarily supports organizations in Massachusetts, Louisiana, North Carolina, which account for 64% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Mussafer Fam Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 113 grants. Its grantmaking reaches organizations primarily in MA, LA, NC.
Mussafer Fam Foundation has distributed a total of $6.8M across 113 grants. The median grant size is $5K, with an average of $60K. Individual grants have ranged from $515 to $1M.
Mussafer Fam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mussafer Fam Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David M Mussafer | TRUSTEE | $0 | $0 | $0 |
| Marion M Mussafer | TRUSTEE | $0 | $0 | $0 |
Total Giving
$3M
Total Assets
$55.5M
Fair Market Value
$65.7M
Net Worth
$55.5M
Grants Paid
$2.4M
Contributions
$0
Net Investment Income
$2.5M
Distribution Amount
$2.9M
Total: $48.7M
Total Grants
113
Total Giving
$6.8M
Average Grant
$60K
Median Grant
$5K
Unique Recipients
63
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Youth IncOPERATIONS | New York, NY | $25K | 2023 |
| ManeOPERATIONS | Pike Road, AL | $10K | 2023 |
| Yeamans Hall Club FoundationOPERATIONS | Charleston, SC | $1K | 2023 |
| Tulane UniversityOPERATIONS | New Orleans, LA | $1M | 2023 |
| City Year IncOPERATIONS |
| Boston, MA |
| $500K |
| 2023 |
| The Boston FoundationOPERATIONS | Boston, MA | $400K | 2023 |
| Ma Wonderfund IncOPERATIONS | Boston, MA | $150K | 2023 |
| Year UpOPERATIONS | Boston, MA | $100K | 2023 |
| Corey C Griffin FoundationOPERATIONS | Framingham, MA | $30K | 2023 |
| Ftw Collective GroupOPERATIONS | Metairie, LA | $25K | 2023 |
| Boys And Girls Clubs Of BostonOPERATIONS | Boston, MA | $25K | 2023 |
| United Way Of Massachusetts BayOPERATIONS | Boston, MA | $25K | 2023 |
| Jackson Hole Land TrustOPERATIONS | Jackson, WY | $25K | 2023 |
| Unite The World With Africa FoundationOPERATIONS | Wellesley, MA | $20K | 2023 |
| Museum Of Fine ArtsOPERATIONS | Boston, MA | $12K | 2023 |
| Ripples Of HopeOPERATIONS | Dedham, MA | $12K | 2023 |
| Share Our StrengthOPERATIONS | Washington, DC | $10K | 2023 |
| Project 351OPERATIONS | Boston, MA | $10K | 2023 |
| Reach Out And Read IncOPERATIONS | Boston, MA | $5K | 2023 |
| Sears House AssociationOPERATIONS | Boston, MA | $5K | 2023 |
| The Meadowbrook SchoolOPERATIONS | Weston, MA | $4K | 2023 |
| Ron Burton Training VillageOPERATIONS | Hubbardston, MA | $4K | 2023 |
| United Nations Foundation (Un Crisis Relief)OPERATIONS | Washington, DC | $3K | 2023 |
| Doug Coombs FoundationOPERATIONS | Jackson, WY | $3K | 2023 |
| Cool Earth Action UsaOPERATIONS | Chester, NJ | $3K | 2023 |
| St Jude Children'S Research HospitalOPERATIONS | Memphis, TN | $3K | 2023 |
| Gates Philanthropy PartnersOPERATIONS | City Of Industry, CA | $3K | 2023 |
| Sandy Hook Promise FoundationOPERATIONS | Newtown, CT | $3K | 2023 |
| More Than WordsOPERATIONS | Waltham, MA | $3K | 2023 |
| Planned Parenthood Of MaOPERATIONS | New York, NY | $3K | 2023 |
| Equal Justice InitiativeOPERATIONS | Montgomery, AL | $3K | 2023 |
| Child Mind InstituteOPERATIONS | New York, NY | $3K | 2023 |
| Home For Little WanderersOPERATIONS | Boston, MA | $2K | 2023 |
| Girls On The Run Greater BostonOPERATIONS | Boston, MA | $2K | 2023 |
| AspcaOPERATIONS | New York, NY | $2K | 2023 |
| Dana Farber Cancer InstituteOPERATIONS | Boston, MA | $2K | 2023 |
| 826 BostonOPERATIONS | Roxbury, MA | $1K | 2023 |
| Summits EducationOPERATIONS | Boston, MA | $1K | 2023 |
| CallistoOPERATIONS | San Francisco, CA | $1K | 2023 |
| The Cornell Lab Of OrnithologyOPERATIONS | Ithaca, NY | $1K | 2023 |
| Little Compton Community CenterOPERATIONS | Little Compton, RI | $535 | 2023 |
| Every Mother CountsOPERATIONS | New York, NY | $530 | 2023 |
| Martha'S Vinyard Cerebral Palsy CampOPERATIONS | Vinyard Haven, MA | $515 | 2023 |
| City Year - 25th AnniversaryOPERATIONS | Boston, MA | $500K | 2022 |
| Ma Wonderful IncOPERATIONS | Boston, MA | $150K | 2022 |
| Duke University - Annual FundOPERATIONS | Durham, NC | $100K | 2022 |
| University Of PennsylvaniaOPERATIONS | Philadelphia, PA | $23K | 2022 |
| Steppingstone FoundationOPERATIONS | Boston, MA | $20K | 2022 |
| Beacon AcademyOPERATIONS | Boston, MA | $10K | 2022 |
| Friends Of The Public GardenOPERATIONS | Boston, MA | $10K | 2022 |
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