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Jacob Silverman Charitable Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2012. The principal officer is % Jp Morgan Chase Bank Na. It holds total assets of $2M. Annual income is reported at $491K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jacob Silverman Charitable Trust has made 30 grants totaling $581K, with a median grant of $13K. The foundation has distributed between $115K and $236K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $236K distributed across 12 grants. Individual grants have ranged from $5K to $50K, with an average award of $19K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and Connecticut. Contributions to this foundation are tax-deductible.
Jacob Silverman Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in NY, CT.
Jacob Silverman Charitable Trust has distributed a total of $581K across 30 grants. The median grant size is $13K, with an average of $19K. Individual grants have ranged from $5K to $50K.
Jacob Silverman Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Jacob Silverman Charitable Trust is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benjamin Hering | CO-TRUSTEE | $4K | $0 | $4K |
Total Giving
$159K
Total Assets
$2.1M
Fair Market Value
$2.9M
Net Worth
$2.1M
Grants Paid
$115K
Contributions
$0
Net Investment Income
$139K
Distribution Amount
$133K
Total: $1.9M
Total Grants
30
Total Giving
$581K
Average Grant
$19K
Median Grant
$13K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of The Shefa SchoolGENERAL | Newyork, NY | $50K | 2023 |
| Matan IncGENERAL | White Plains, NY | $25K | 2023 |
| Salanter Akiba Riverdale AcademyGENERAL | Riverdale, NY | $15K | 2023 |
| Ramaz SchoolGENERAL | New York, NY | $10K | 2023 |
| Yeshivat Chovevei Torah RabbinicalGENERAL | Riverdale, NY | $10K | 2023 |
| Metropolitan Council On JewishpovertyGENERAL |
| New York, NY |
| $5K |
| 2023 |
| Jewish High School Of CtGENERAL | Stamford, CT | $5K | 2021 |
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