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Also known as: FOUNDATION
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Howard And Lynne Schechter Family Foundation Inc. is a private corporation based in DELRAY BEACH, FL. The foundation received its IRS ruling in 2012. The principal officer is Howard O Schneider. It holds total assets of $2.4M. Annual income is reported at $799K. Total assets have grown from $31K in 2011 to $2.1M in 2023. The foundation is governed by 4 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 2020 to 2023. The foundation primarily funds organizations in Illinois, Florida and Massachusetts. According to available records, Howard And Lynne Schechter Family Foundation Inc. has made 23 grants totaling $214K, with a median grant of $10K. Annual giving has grown from $84K in 2021 to $131K in 2022. Individual grants have ranged from N/A to $35K, with an average award of $9K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Illinois and Massachusetts and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$5K
Average Grant
$9K
Largest Grant
$35K
Based on 9 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.
Howard And Lynne Schechter Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in IL, MA, FL.
Howard And Lynne Schechter Family Foundation Inc. has distributed a total of $214K across 23 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from N/A to $35K.
Howard And Lynne Schechter Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Howard And Lynne Schechter Family Foundation Inc. is headquartered in DELRAY BEACH, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Howard O Schechter | DIRECTOR | $0 | $0 | N/A |
| Loren Schechter | DIRECTOR | $0 | $0 | N/A |
| Lynne D Schechter | DIRECTOR | $0 | $0 | N/A |
| Beth Schechter Bernat | DIRECTOR | $0 | $0 | N/A |
Total Giving
$86K
Total Assets
$2.1M
Fair Market Value
$2.3M
Net Worth
$2.1M
Grants Paid
$77K
Contributions
$202K
Net Investment Income
$108K
Distribution Amount
N/A
Total: $2M
Total Grants
23
Total Giving
$214K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rochelle Zell High SchoolUNRESTRICTED USE | Deerfield, IL | $25K | 2022 |
| Harvard HillelUNRESTRICTED USEUNRESTRICTED USE | Cambridge, MA | $10K | 2022 |
| Solomon Schechter Day SchoolUNRESTRICTED USE | Northbrook, IL | $10K | 2022 |
| Friends Of The IdfUNRESTRICTED USE | Chicago, IL | $10K | 2022 |
| North Suburban Congregation Beth-ElUNRESTRICTED USE | Highland Park, IL | $9K | 2022 |
| Jewish FederationUNRESTRICTED USEUNRESTRICTED USE | Chicago, IL | $1K | 2022 |
| Foundation To Fight BlindnessUNRESTRICTED USE | Chicago, IL | $250 | 2022 |
| Jewish United FundUNRESTRICTED USEUNRESTRICTED USE | Chicago, IL | $5K | 2021 |
| Bnai TorahUNRESTRICTED USEUNRESTRICTED USE | Boca Raton, FL | $1K | 2021 |
| Various Other Charities Under 500UNRESTRICTED USEUNRESTRICTED USE | Chicago, IL | $925 | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL