Funder DirectoryTHE SUMMER ISLE FOUNDATION
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Private foundation (trust)EIN 813882939Est. 2017-02

THE SUMMER ISLE FOUNDATION

WOBURN, MA 01888

Accepts unsolicited proposals

Total Assets

$41.6M

FY 2024

Annual Giving

$650K

FY 2024

Grants Made

2

FY 2024

Avg Grant

$325K

FY 2024

Grant Range

$150K–$500K

Typical

Deadlines

No specific restrictions

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$20.6M

Total Expenses

$771K

Qualifying Distributions

$650K

Distributable Amount

$1.1M

Min. Investment Return

$1.1M

Undistributed Income

$1.1M

Payout rate 59%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.59%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $650K in 2024. Hover bars for details.

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

Top Recipients

9 grants

LAWRENCE ACADEMY
$1.5M
3 grants
BOSTON CHILDREN'S HOSPITAL
$425K
4 grants
WE CHARITY
$200K
1 grant
SYRACUSE UNIVERSITY
$100K
1 grant

Grant Size Distribution

9 grants

<$10K
$10–50K
1
grants
$50–250K
5
grants
$250K–1M
3
grants
$1–5M
$5M+

Geographic Focus

2 states

Massachusetts
$1.9M
95% of total
New York
$100K
5% of total

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