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Morris & Dvora Scharf Foundation Inc. is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2000. The principal officer is Robins & Associates Llp. It holds total assets of $11.5M. Annual income is reported at $1.7M. The foundation is governed by 6 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 2023. According to available records, Morris & Dvora Scharf Foundation Inc. has made 4 grants totaling $1.8M, with a median grant of $440K. Annual giving has grown from $459K in 2020 to $843K in 2022. Individual grants have ranged from $422K to $507K, with an average award of $452K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Morris & Dvora Scharf Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Morris & Dvora Scharf Foundation Inc. has distributed a total of $1.8M across 4 grants. The median grant size is $440K, with an average of $452K. Individual grants have ranged from $422K to $507K.
Morris & Dvora Scharf Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Morris & Dvora Scharf Foundation Inc. is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Morris Scharf | PRESIDENT | $0 | $0 | N/A |
| Dvora Scharf | VICE PRESIDENT | $0 | $0 | N/A |
| Nechama Scharf | SECRETARY | $0 | $0 | N/A |
| Toby Scharf | ASST SECRETARY | $0 | $0 | N/A |
| Abraham Scharf | TREASURER | $0 | $0 | N/A |
| Lipa Scharf | ASST TREASURER | $0 | $0 | N/A |
Total Giving
$316K
Total Assets
$11.4M
Fair Market Value
$9.3M
Net Worth
$8.4M
Grants Paid
$297K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$460K
Total: $5.9M
Total Grants
4
Total Giving
$1.8M
Average Grant
$452K
Median Grant
$440K
Unique Recipients
3
Most Common Grant
$422K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Contributions -Upon Request AtADVANCEMENT OF EDUCATION AND ASSISTA | Brooklyn, NY | $422K | 2022 |
| Contributions Of 507100 Details AvailableADVANCEMENT OF EDUCATIONAND ASSISTANCE TO THE NEEDY | Brooklyn, NY | $507K | 2021 |
| Contributions Of 459160 Details Available Upon Request AtADVANCEMENT OF EDUCATION AND ASSISTANCE TO NEEDY | Brooklyn, NY | $459K | 2020 |