Massachusetts · Nonprofit
THE FAY SCHOOL INC
THE FAY SCHOOL INC (Massachusetts) receives grants from 51 organizations whose IRS filings report $2,564,020 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($524,780). 37 of them have funded it in more than one year.
- Revenue FY2025
- $39M
- Funders on record
- 51
- Grants received
- $2.6M
- Net assets
- $69M
What The Fay School Inc does
Mission
To nurture each child's potential through a broad, balanced, and challenging program that establishes the foundation for a meaningful life.
As stated on its FY2025 Form 990.
Programs
Instruction and education: formal education of 499 students' grades k-9 in co-ed day & boarding setting. As a day and boarding school for students in kindergarten through grade nine and an early learning center from ages 2.9 to 5, fay school is a community built on five core values: academic excellence; honorable conduct; dedicated service; earnest effort; and wellness of mind, body, and spirit. While the school has grown and evolved since its founding in 1866, our central purpose has remained constant. Fay provides a broad and challenging program that empowers students to discover their talents, develop their intellectual abilities, establish essential academic skills and knowledge, and define their moral character. Earnest effort has been emphasized through the school's history, as enshrined in our motto, poteris modo velis ("you can if you will"). Fay is dedicated to educating children to their full potential in the early childhood, elementary, and middle school years by helping them recognize and develop their intellectual aesthetic, physical, social, and emotional capabilities. We teach our students essential, enduring skills: to read well, to write and speak clearly and…
$30,206,413 spentof which $4,692,855 as grants$28,611,868 earned by the program96% of program spendingSummer programs include summer day camp, an international student boarding english language program. Summer camp is a dynamic, hands-on program, for children ages three through fifteen. Our program provides campers and students with an engaging and nurturing atmosphere that encourages exploration, creativity, and lasting connections among children and adults.the international student boarding english language program makes it possible for international students aged 10-15 to participate in the fay experience regardless of their level of english proficiency. It provides a meaningful introduction to fay for students enrolling full time in the upcoming academic year as well as a stand-alone program for international students who wish to focus on developing their english skills during the summer months, with the appropriate level of challenge and support.
$1,189,906 spentof which $18,285 as grants$1,813,378 earned by the program4% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $31,396,319.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $107M to $133M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 6% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
12% of THE FAY SCHOOL INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 12 funders to 23 funders, grant income rose $142k → $322k.
14 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE FAY SCHOOL INC’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE FAY SCHOOL INC has a broad base — no single funder exceeds 20% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
49% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FAY SCHOOL INC.
Largest funder’s share by year: 2017 53% · 2018 30% · 2019 24% · 2020 27% · 2021 29% · 2022 59% · 2023 47% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
49% of THE FAY SCHOOL INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
THE FAY SCHOOL INC draws 89% of its grant income from funders outside Massachusetts, across 19 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE FAY SCHOOL INC's funding base is broadening — from 12 funders to 23 as grant income climbed.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like THE FAY SCHOOL INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
74%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE FAY SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE FAY SCHOOL INC?
- THE FAY SCHOOL INC (Massachusetts) receives grants from 51 organizations whose IRS filings report $2,564,020 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($524,780). 37 of them have funded it in more than one year.
- How many funders does THE FAY SCHOOL INC have?
- IRS filings report 51 organizations giving $2,564,020 in grants to THE FAY SCHOOL INC, 37 of which have funded it in more than one year.
- Who is the largest funder of THE FAY SCHOOL INC?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $524,780 in grants. The full list of funders is on this page.
- How can an organization like THE FAY SCHOOL INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing