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Savage Family Foundation is a private corporation based in NEEDHAM, MA. The foundation received its IRS ruling in 2000. The principal officer is % James B Savage. It holds total assets of $3.5M. Annual income is reported at $2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Savage Family Foundation has made 38 grants totaling $481K, with a median grant of $8K. Annual giving has grown from $147K in 2021 to $184K in 2024. Individual grants have ranged from $3K to $50K, with an average award of $13K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Maine and Massachusetts and Oregon. Contributions to this foundation are tax-deductible.
Savage Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in ME, MA, OR.
Savage Family Foundation has distributed a total of $481K across 38 grants. The median grant size is $8K, with an average of $13K. Individual grants have ranged from $3K to $50K.
Savage Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Savage Family Foundation is headquartered in NEEDHAM, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James B Savage | President/Dir | $0 | $0 | $0 |
| Jennifer S Mclean | Director | $0 | $0 | $0 |
| Thomas W Savage | Vice Pres/Dir | $0 | $0 | $0 |
| Sally B Savage | Director | $0 | $0 | $0 |
| Michael T Savage | Treas/Dir | $0 | $0 | $0 |
Total Giving
$189K
Total Assets
$3.2M
Fair Market Value
$3.7M
Net Worth
$3.2M
Grants Paid
$150K
Contributions
$95K
Net Investment Income
$55K
Distribution Amount
$174K
Total: $0
Total Grants
38
Total Giving
$481K
Average Grant
$13K
Median Grant
$8K
Unique Recipients
16
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Families FirstGeneral Charitable | Watertown, MA | $5K | 2024 |
| Maine Central InstituteGeneral Charitable | Pittsfield, ME | $50K | 2024 |
| New England Baptist HospitalGeneral Charitable | Boston, MA | $20K | 2024 |
| University Of MaineGeneral Charitable | Orono, ME | $20K | 2024 |
| Waldo County YmcaGeneral Charitable | Belfast, ME | $20K |
| Priscilla B Savage |
| Director |
| $0 |
| $0 |
| $0 |
| Andrew T Savage | Sec/Dir | $0 | $0 | $0 |
| Julie A Savage | Director | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2024 |
| Boston Medical CenterGeneral Charitable | Boston, MA | $17K | 2024 |
| The Game LoftGeneral Charitable | Belfast, ME | $10K | 2024 |
| Bellforge Arts CenterGeneral Charitable | Madfield, MA | $8K | 2024 |
| Girls IncGeneral Charitable | Lynn, MA | $8K | 2024 |
| Raw ArtsGeneral Charitable | Lynn, MA | $8K | 2024 |
| Community Art CenterGeneral Charitable | Cambridge, MA | $5K | 2024 |
| Penobscot Marine MuseumGeneral Charitable | Searport, ME | $5K | 2024 |
| Project StepGeneral Charitable | Boston, MA | $5K | 2024 |
| Oasis Free ClinicsGeneral Charitable | Brunswick, ME | $5K | 2024 |
| Life Flight Network FoundationGeneral Charitable | Portland, OR | $5K | 2023 |
| Silver Lining MentoringGeneral Chartitable | Boston, MA | $3K | 2021 |
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