← All Profiles
SC
Steve Conine
MassachusettsTechnology
B
50.2
PBS
~$1.1B
Profile Summary
Steve Conine is a Massachusetts-based technology entrepreneur born in 1972 and a co-founder of Wayfair, the online home goods company that helped build his estimated net worth of ~$1.1B RTB. Public records also show he has been active in political giving and runs a family foundation in Boston FEC ProPublica 990.
Business & SEC Activity
News coverage in the dataset centers on Wayfair and recent insider sales tied to Steven Conine, including a sale of 26,950 shares of Wayfair stock NewsAPI. Wayfair is the company associated with his wealth, and the news items indicate he has remained involved as a stockholder and insider NewsAPI.
Philanthropy
The Conine Family Foundation reported $78,214,340 in total assets in tax year 2023 and paid $6,864,425 in grants ProPublica 990. Its 2023 revenue was -$88,943 and expenses were $6,919,450 ProPublica 990.
Political Activity
From 2009-02-02 to 2024-11-15, he made 47 federal contributions totaling $121,403.10 FEC. The largest recipients were the Massachusetts Victory Committee ($43,900), the Republican National Committee ($33,940), Wayfair LLC PAC ($10,000), the Massachusetts Republican Party ($10,000), and the Committee to Elect Dan Koh ($5,400) FEC. Party-coded giving in the dataset includes $44,165.81 to Republicans, $21,700 to Democrats, $500 to nonpartisan/nonparty entities, and $55,037.29 listed as unknown FEC.
In the News
Recent headlines in the dataset focus on Wayfair and insider trading activity, including reports that Steven Conine sold 26,950 shares of Wayfair stock and that Wayfair's CEO sold 93,000 shares NewsAPI. Other items are earnings-call transcripts for Wayfair from Seeking Alpha and The Motley Fool NewsAPI.
U.S. Presence
residenceBoston, Massachusetts
Philanthropy
$78.2MFoundation Assets
$6.9MGrants Paid
1Foundation
Conine Family FoundationBoston, MA
Private grantmaking foundation (IRS NTEE T20)
Assets: $78.2MRevenue: $-88,943Grants: $6.9MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit ExplorerPolitical Contributions
$121KTotal Contributed
47Contributions
2009–2024Date Range
By Party
Top Recipients
MASSACHUSETTS VICTORY COMMITTEE$44K
REPUBLICAN NATIONAL COMMITTEE$34K
WAYFAIR LLC PAC$10K
MASSACHUSETTS REPUBLICAN PARTY$10K
COMMITTEE TO ELECT DAN KOH$5K
Recent News
4Total Articles
InsiderTrades.comTop Source
PositiveAvg. Sentiment
Score Breakdown
B
50.2
Public Benefit Score
The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.
Philanthropy65% weight
Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).
Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry
Transparency35% weight
How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.
Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata
Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency
Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.
All data is sourced from public records. Each section links to its original source.