Funder DirectoryTHE SCHERMAN FOUNDATION INC
Back to directory

Private foundation (trust)EIN 136098464Est. 1943-12

THE SCHERMAN FOUNDATION INC

NEW YORK, NY 100225306

Accepts unsolicited proposals

Total Assets

$137.8M

FY 2023

Annual Giving

$7.0M

FY 2023

Grants Made

146

FY 2023

Avg Grant

$48K

FY 2023

Grant Range

$155–$250K

Typical

Deadlines

Unsolicited lois accepted december - f…

Applications

Financial Snapshot

2023 filing

Total Revenue

$8.8M

Total Expenses

$9.6M

Qualifying Distributions

$8.4M

Distributable Amount

$6.1M

Min. Investment Return

$6.3M

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

146 grants

Grant sizes from minimum $155 through median $40K to maximum $250K, 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

3 years

Giving over time from 2020 to 2023. Peak $7.0M in 2023. Hover bars for details.

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

Top Recipients

444 grants

NEW YORK FOUNDATION
$695K
7 grants
PROGRESSIVE MULTIPLIER FUND
$500K
2 grants
STATE VOICES
$375K
3 grants
UNITED WAY OF NYC
$355K
4 grants
TIDES FOUNDATION
$325K
3 grants
NORTHWEST BRONX COMMUNITY AND CLERGY COALITION
$290K
3 grants
FUND FOR THE CITY OF NEW YORK
$270K
4 grants
BVM CAPACITY BUILDING INSTITUTE
$255K
3 grants

Grant Size Distribution

444 grants

<$10K
145
grants
$10–50K
167
grants
$50–250K
132
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

23 states

New York
$11.2M
58% of total
District of Columbia
$3.2M
16% of total
California
$1.5M
8% of total
Georgia
$635K
3% of total
Illinois
$456K
2% of total
Massachusetts
$418K
2% of total
Pennsylvania
$415K
2% of total
Maryland
$211K
1% of total
Florida
$150K
1% of total
West Virginia
$135K
1% of total

+13 more states

Ready to work on a proposal for THE SCHERMAN FOUNDATION INC?

This funder accepts unsolicited proposals. Start a draft with them pre-selected.

Draft an application for THE SCHERMAN FOUNDATION INC
Funder alerts

Track THE SCHERMAN FOUNDATION INC

Get an email when Grantivo has new data for THE SCHERMAN FOUNDATION INC, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

THE SCHERMAN FOUNDATION INC — Grants, Financials & Contact | Grantivo