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Also known as: FOUNDATION C/O CAROL SAIVETZ
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Richard & Carol Saivetz Family Foundation is a private trust based in CHESTNUT HILL, MA. The foundation received its IRS ruling in 1997. The principal officer is Carol Saievetz. It holds total assets of $388K. Annual income is reported at $165K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts and New York. According to available records, Richard & Carol Saivetz Family Foundation has made 4 grants totaling $22K, with a median grant of $5K. Individual grants have ranged from $500 to $12K, with an average award of $6K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$5K
Largest Grant
$12K
Based on 5 grants from the most recent 990-PF filing.
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.
Richard & Carol Saivetz Family 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.
Richard & Carol Saivetz Family Foundation has distributed a total of $22K across 4 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $12K.
Richard & Carol Saivetz Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard & Carol Saivetz Family Foundation is headquartered in CHESTNUT HILL, MA. The foundation primarily funds organizations in Massachusetts, New York.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Saivetz | TRUSTEE | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$335K
Fair Market Value
$799K
Net Worth
$335K
Grants Paid
$27K
Contributions
$25K
Net Investment Income
$12K
Distribution Amount
$34K
Total: $334K
Total Grants
4
Total Giving
$22K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Combined Jewish PhilanthropiesUNRESTRICTED FOR GENERAL FUND | Boston, MA | $12K | 2022 |
| Temple EmanuelUNRESTRICTED FOR GENERAL FUND | Newton, MA | $6K | 2022 |
| Solomon Schechter Day SchoolUNRESTRICTED FOR GENERAL FUND | Newton, MA | $4K | 2022 |
| Gann AcademyUNRESTRICTED FOR GENERAL FUND | Waltham, MA | $500 | 2022 |