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Also known as: FOUNDATION INC
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Chernowitz Medical Research Foundation Inc. is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2016. The principal officer is Richard A Jacoby. It holds total assets of $8.2M. Annual income is reported at $3.8M. Total assets have decreased from $10.3M in 2019 to $8.2M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including Pennsylvania, Colorado, Florida. According to available records, Chernowitz Medical Research Foundation Inc. has made 13 grants totaling $1.5M, with a median grant of $125K. Annual giving has grown from $439K in 2021 to $1.1M in 2022. Individual grants have ranged from $72K to $160K, with an average award of $115K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, Florida, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$72K
Median Grant
$75K
Average Grant
$88K
Largest Grant
$138K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Chernowitz Medical Research Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in PA, NY, FL.
Chernowitz Medical Research Foundation Inc. has distributed a total of $1.5M across 13 grants. The median grant size is $125K, with an average of $115K. Individual grants have ranged from $72K to $160K.
Chernowitz Medical Research Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Chernowitz Medical Research Foundation Inc. is headquartered in DENVER, CO. While based in CO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Jacoby | TRUSTEE | $45K | $0 | $45K |
| Jack Platt | TRUSTEE | $45K | $0 | $45K |
| Benjamin Jacoby | TRUSTEE | $35K | $0 | $35K |
Total Giving
N/A
Total Assets
$8.2M
Fair Market Value
N/A
Net Worth
$8.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$1.5M
Average Grant
$115K
Median Grant
$125K
Unique Recipients
5
Most Common Grant
$160K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of RochesterMEDICAL RESEARCH | Rochester, NY | $160K | 2022 |
| Moss RehabilitationMEDICAL RESEARCH | Philadelphia, PA | $143K | 2022 |
| University Of MiamiMEDICAL RESEARCH | Miami, FL | $125K | 2022 |
| University Of PennsylvaniaMEDICAL RESEARCH | Philadelphia, PA | $100K | 2022 |
| University Of ColoradoMEDICAL RESEARCH | Denver, CO | $138K | 2021 |