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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. Total assets have decreased from $2.7M in 2011 to $2.1M in 2023. The foundation is governed by 1 officer or trustee. 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 New York and Connecticut. 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.
Smallest Grant
$5K
Median Grant
$13K
Average Grant
$19K
Largest Grant
$50K
Based on 6 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.
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
N/A
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 |
| Yeshivat Chovevei Torah RabbinicalGENERAL | Riverdale, NY | $10K | 2023 |
| Ramaz SchoolGENERAL | New York, NY | $10K | 2023 |
| Metropolitan Council On JewishpovertyGENERAL | New York, NY | $5K | 2023 |
| Jewish High School Of CtGENERAL | Stamford, CT | $5K | 2021 |