Funder DirectoryTHE SAAB FAMILY FOUNDATION
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Private foundation (trust)EIN 274392768Est. 2013-04

THE SAAB FAMILY FOUNDATION

LOWELL, MA 01852

Total Assets

$18.7M

FY 2024

Annual Giving

$889K

FY 2024

Grants Made

123

FY 2024

Avg Grant

$7K

FY 2024

Grant Range

$2K–$25K

Typical

Deadlines

Applications

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$1.2M

Total Expenses

$1.1M

Qualifying Distributions

$910K

Distributable Amount

$907K

Min. Investment Return

$921K

Undistributed Income

$817K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

123 grants

Grant sizes from minimum $2K through median $4K to maximum $25K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $958K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

BOYS & GIRLS CLUB OF GREATER LOWELL
$105K
5 grants
D'YOUVILLE LIFE & WELLNESS COMMUNITY
$75K
3 grants
MERRIMACK VALLEY FOOD BANK
$55K
4 grants
NASHUA CHILDREN'S HOME
$50K
2 grants
MERRIMACK COLLEGE
$50K
2 grants
Gaining Ground
$50K
3 grants
Academy of Notre Dame Tyngsboro
$50K
2 grants
Lowell Youth Leadership Program Inc
$50K
2 grants

Grant Size Distribution

500 grants

<$10K
416
grants
$10–50K
84
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Massachusetts
$2.9M
82% of total
New Hampshire
$622K
18% of total

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