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Saab Family Foundation is a private corporation based in LOWELL, MA. The foundation received its IRS ruling in 2013. The principal officer is % Elisia M Saab. It holds total assets of $15.4M. Annual income is reported at $8.7M. Provide funds to charitable organizations in the Lowell, MA and Salem, NH areas that provide assistance to low-income individuals, youth and homeless individuals. According to available records, Saab Family Foundation has made 408 grants totaling $2.8M, with a median grant of $4K. Annual giving has decreased from $1.9M in 2022 to $873K in 2023. Individual grants have ranged from $1K to $33K, with an average award of $7K. The foundation has supported 187 unique organizations. Grants have been distributed to organizations in Massachusetts and New Hampshire. Contributions to this foundation are tax-deductible.
Provide funds to charitable organizations in the Lowell, MA and Salem, NH areas that provide assistance to low-income individuals, youth and homeless individuals.
Expenses: $614K
High school and college scholarships for deserving local youth of limited economic means.
Expenses: $214K
Provide funds to charitable organizations in the Lowell, MA and Salem, NH areas that provide assistance to individuals impacted by the pandemic.
Expenses: $43K
Provide funds to charitable organizations in the Lowell, MA and Salem, NH areas that provide assistance to low-income individuals, youth and homeless individuals. Based on available records, the foundation has funded 408 grants. Its grantmaking reaches organizations primarily in MA, NH.
Saab Family Foundation has distributed a total of $2.8M across 408 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $1K to $33K.
Saab Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (274392768) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Saab Family Foundation is headquartered in LOWELL, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elisia M Saab | Trustee, Chair, Treasurer | $0 | $0 | $0 |
| Mark A Saab | Trustee | $0 | $0 | $0 |
| Analise S Brown | Trustee | $0 | $0 | $0 |
| Tricia L Albert | Trustee | $0 | $0 | $0 |
| Alana T Saab | Trustee | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$16.1M
Fair Market Value
$18M
Net Worth
$15.5M
Grants Paid
$873K
Contributions
$0
Net Investment Income
$399K
Distribution Amount
$826K
Total: $10.9M
Total Grants
408
Total Giving
$2.8M
Average Grant
$7K
Median Grant
$4K
Unique Recipients
187
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| On BelayGeneral operations | Newmarket, NH | $5K | 2023 |
| Discovery MuseumDiscovery science - Lowell | Acton, MA | $33K | 2023 |
| The Outreach Program Endhunger Ne (Ehne) Regional OfficeEndHunger NH - Essex County Hunger Relief Program | Marshfield, MA | $25K | 2023 |
| University Of Massachusetts LowellAzores cultural immersion & writing retreat/study abroad program | Lowell, MA | $25K | 2023 |
| Boys & Girls Club Of Greater LowellOut of school programming |
GREENWICH, NJ
BURNS, TN
SALEM, NH
NEWBURYPORT, MA
LINCOLN, MA
| 2016 | 990PF | View |
| Lowell, MA |
| $25K |
| 2023 |
| Challenge Unlimited At Ironstone FarmGeneral operations | Andover, MA | $25K | 2023 |
| Lowell Youth Leadership Program IncLowell Youth Leadership Program (LYLP) 2024 summer camp | Lowell, MA | $25K | 2023 |
| Leap For EducationAdult program | Salem, MA | $25K | 2023 |
| Meals On Wheels Of Hillsborough CountyMeals on wheels delivery program | Merrimack, NH | $25K | 2023 |
| Merrimack CollegeMerrimack College Jail Education Program | North Andover, MA | $25K | 2023 |
| Academy Of Notre Dame TyngsboroTuition & Nutrition Assistance for Low income students at NDA | Tyngsboro, MA | $25K | 2023 |
| Suenos BasketballSuenos Basketball making a positive difference | Lawrence, MA | $25K | 2023 |
| Gaining GroundFarm-fresh food for Middlesex County residents experiencing food insecurity | Concord, MA | $25K | 2023 |
| Habitat For Humanity Of Greater Lowellcritical home repairs for seniors | Westford, MA | $25K | 2023 |
| Project LearnGeneral operations | Lowell, MA | $23K | 2023 |
| Catie'S Closet IncSOS (Special Order System) urgent request | Dracut, MA | $20K | 2023 |
| Boys & Girls Club Of Lawrenceout of school programming | Lawrence, MA | $20K | 2023 |
| Ymca Of Greater NashuaGeneral operations - Power Scholars Academy | Nashua, NH | $20K | 2023 |
| The Wish Project IncSpecial projects for children & families | Lowell, MA | $15K | 2023 |
| Merrimack Valley Food BankOperation Nourish | Lowell, MA | $15K | 2023 |
| Gloucester Marine Genomics InstituteSTEM & biotechnology education enrichment | Gloucester, MA | $10K | 2023 |
| Arts In Reachprogram support | Portsmouth, NH | $10K | 2023 |
| Lowell Community Charter Public SchoolFree school-based out-of-school-time program | Lowell, MA | $10K | 2023 |
| Merrimack Valley Dream CenterMobile food pantry | Lawrence, MA | $10K | 2023 |
| Operation Care For TroopsHoliday stockings for veterans in transition and low income children | Nashua, NH | $10K | 2023 |
| Massachusetts Alliance Of Portuguese SpeakersImmigrant & Elder immigration services | Cambridge, MA | $10K | 2023 |
| Esperanza AcademyMusic therapy for at-risk middle school girls | Lawrence, MA | $10K | 2023 |
| Reach Out And Read IncGeneral operations | Boston, MA | $10K | 2023 |
| Beyond SoccerGoing "Beyone" for Lawrence Youth | Lawrence, MA | $10K | 2023 |
| Lowell Parks & Conservation TrustLowell leadership in stewardship | Lowell, MA | $10K | 2023 |
| Project Home AgainHousehold goods distribution to low-income families | Andover, MA | $10K | 2023 |
| Family Promise Of Southern New HampshireFPSNH residential program | Nashua, NH | $10K | 2023 |
| Merrimack Valley YmcaAdelante Education Center | Lawrence, MA | $10K | 2023 |
| Breakthrough Manchestersummer programming | Manchester, NH | $8K | 2023 |
| Lovelane Special Needs Horseback Riding ProgramSusan McDaniel Tuition Assistance Program | Lincoln, MA | $8K | 2023 |
| Thinkgive IncGeneral operations - program expansion to underserved youth in Middlesex & Essex counties | Concord, NH | $8K | 2023 |
| Marguerite'S Place IncTransitional housing & stablization supports for familes experiencing homelessness | Nashua, NH | $7K | 2023 |
| Kids In Tech IncExpansion program | Lowell, MA | $6K | 2023 |
| A Place To TurnEat Fresh at a Place to Turn | Natick, MA | $5K | 2023 |
| Merrimack Repertory TheatreMRT's partners in education | Lowell, MA | $5K | 2023 |
| Boys & Girls Club Of Greater BillericaGet Real program | Billerica, MA | $5K | 2023 |
| Camp Words Unspokentherapeutic program | Westfield, MA | $5K | 2023 |
| Anthony SantosScholarship | Hudson, NH | $5K | 2023 |
| Ada Yuscholarship | Boxford, MA | $5K | 2023 |
| Yoga In ActionYoga in Action 2023 | Greenland, NH | $5K | 2023 |
| Thomas JuhaszScholarship | Carlisle, MA | $5K | 2023 |
| Teaghan CaseyScholarship | Hooksett, NH | $5K | 2023 |
| Kate SantosScholarship | Dracut, MA | $5K | 2023 |
| Olivia PortoScholarship | Pelham, NH | $5K | 2023 |
| Olivia FilomenoScholarship | Brentwood, NH | $5K | 2023 |
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