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Schawbel Family Foundation Inc. is a private corporation based in NEWTON, MA. The foundation received its IRS ruling in 2015. It holds total assets of $172K. Annual income is reported at $3.1M. Total assets have decreased from $3.3M in 2014 to $172K in 2022. The foundation is governed by 2 officers and trustees. 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 2022. According to available records, Schawbel Family Foundation Inc. has made 45 grants totaling $3.3M, with a median grant of $25K. Annual giving has grown from $410K in 2021 to $2.9M in 2022. Individual grants have ranged from N/A to $1M, with an average award of $74K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and Connecticut. Contributions to this foundation are tax-deductible.
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.
Schawbel Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in MA, NY, CT.
Schawbel Family Foundation Inc. has distributed a total of $3.3M across 45 grants. The median grant size is $25K, with an average of $74K. Individual grants have ranged from N/A to $1M.
Schawbel Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Schawbel Family Foundation Inc. is headquartered in NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Schawbel | PRESIDENT, TRS., DIRECTOR | $0 | $0 | N/A |
| Kenneth J Vacovec | CLERK, DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.5M
Total Assets
$172K
Fair Market Value
$161K
Net Worth
$172K
Grants Paid
$1.5M
Contributions
$1.5M
Net Investment Income
$710K
Distribution Amount
N/A
Total: $169K
Total Grants
45
Total Giving
$3.3M
Average Grant
$74K
Median Grant
$25K
Unique Recipients
18
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Musuem Of ScienceDONATION | Boston, MA | $1M | 2022 |
| Animal Rescue League Of BostonDONATION | Boston, MA | $100K | 2022 |
| EdvestorsDONATION | Boston, MA | $100K | 2022 |
| The Regional Organization For Peace Economics & Security IncDONATION | Newton, MA | $50K | 2022 |
| Center For Women And EnterpriseDONATION | Boston, MA | $50K | 2022 |
| Junior AchievementDONATION | Bedford, MA | $25K | 2022 |
| Cristo Rey Boston HighDONATION | Dorchester, MA | $25K | 2022 |
| Boston Debate LeagueDONATION | Boston, MA | $10K | 2022 |
| Science Club For GirlsDONATION | Cambridge, MA | $2K | 2022 |
| UnicefDONATION | Boston, MA | $1K | 2022 |
| Ja WorldwideDONATION | Boston, MA | $1K | 2022 |
| Satra Technology CentreDONATION | Kettering | N/A | 2022 |
| Breaktime United IncDONATION | Boston, MA | $25K | 2021 |
| Michael J Fox FoundationDONATION | New York, NY | $5K | 2021 |
| Community ServingsDONATION | Jamaica Plain, MA | $3K | 2021 |
| Ne Friends Of MarcDONATION | Manchester, CT | $3K | 2021 |
| Ywca WpcaDONATION | Boston, MA | $1K | 2021 |
| Latinos For EducationDONATION | Belmont, MA | $1K | 2021 |