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Shaich Family Foundation is a private trust based in MIAMI, FL. The foundation received its IRS ruling in 2004. The principal officer is Ronald Shaich. It holds total assets of $82.5M. Annual income is reported at $8.1M. Total assets have grown from $7.7M in 2011 to $82.5M in 2024. 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 2024. According to available records, Shaich Family Foundation has made 9 grants totaling $15.6M, with a median grant of $1M. The foundation has distributed between $2.5M and $6.3M annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $6.3M distributed across 2 grants. Individual grants have ranged from $250K to $5.3M, with an average award of $1.7M. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Massachusetts. 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.
Shaich Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MA.
Shaich Family Foundation has distributed a total of $15.6M across 9 grants. The median grant size is $1M, with an average of $1.7M. Individual grants have ranged from $250K to $5.3M.
Shaich Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shaich Family Foundation is headquartered in MIAMI, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald M Shaich | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$82.5M
Fair Market Value
N/A
Net Worth
$82.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$15.6M
Average Grant
$1.7M
Median Grant
$1M
Unique Recipients
3
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Investments Charitable Gift FundGeneral operating support | Boston, MA | $3.4M | 2023 |
| Teaching Kitchen Collaborative IncGeneral operating support | Chestnut Hill, MA | $250K | 2022 |
| Clark UniversityGeneral operating support | Worcester, MA | $1M | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL