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Sara Chait Memorial Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1960. The principal officer is Lawrence May. It holds total assets of $2.5M. Annual income is reported at $463K. The foundation is governed by 7 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New York, New Jersey and Florida. According to available records, Sara Chait Memorial Foundation Inc. has made 77 grants totaling $569K, with a median grant of $4K. Annual giving has grown from $148K in 2020 to $288K in 2022. Individual grants have ranged from $1K to $25K, with an average award of $7K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Florida, which account for 94% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$25K
Based on 15 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.
Sara Chait Memorial Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in NY, NJ, FL.
Sara Chait Memorial Foundation Inc. has distributed a total of $569K across 77 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $1K to $25K.
Sara Chait Memorial Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sara Chait Memorial Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Shapiro | TRUSTEE | $0 | $0 | N/A |
| Alissa Shapiro | SECRETARY | $0 | $0 | N/A |
| Alfred Gollomp | TRUSTEE | $0 | $0 | N/A |
| Sandra Divack Moss | TREASURER | $0 | $0 | N/A |
| Sheldon Blackman Phd | TRUSTEE | $0 | $0 | N/A |
| Dr Warren Rosenfeld | TRUSTEE | $0 | $0 | N/A |
| Lawrence E May | PRESIDENT | $0 | $0 | N/A |
Total Giving
$348K
Total Assets
$2.5M
Fair Market Value
$2.7M
Net Worth
$2.5M
Grants Paid
$336K
Contributions
N/A
Net Investment Income
$171K
Distribution Amount
$138K
Total: $2.4M
Total Grants
77
Total Giving
$569K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
29
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Larger Than LifeCHARITABLE | Long Island City, NY | $25K | 2022 |
| Boca Regional HospitalCHARITABLE | Boca Raton, FL | $20K | 2022 |
| Making Headway FoundationCHARITABLE | Chappaqua, NY | $20K | 2022 |
| The Arc Of Bergen Passaic CtysCHARITABLE | North Brunswick, NJ | $15K | 2022 |
| Natl Juniors Tennis LearningCHARITABLE | Trenton, NJ | $10K | 2022 |
| Bergen Volunteer Medical InitiativeCHARITABLE | Hackensack, NJ | $10K | 2022 |
| Fdn For Music Inst Of D Delson KuhnCHARITABLE | Staten Island, NY | $10K | 2022 |
| Jewish Home At RockleighCHARITABLE | Northvale, NJ | $10K | 2022 |
| Papanicolaou Corp For CancerCHARITABLE | Deerfield Beach, FL | $4K | 2022 |
| Jewish National FundCHARITABLE | New York, NY | $4K | 2022 |
| Hyde Leadership Charter SchoolCHARITABLE | Bronx, NY | $4K | 2022 |
| Bar-Ilan UniversityCHARITABLE | New York, NY | $2K | 2022 |
| Pink Aid IncCHARITABLE | Westport, CT | $2K | 2022 |
| Voices For Children Of Broward CoCHARITABLE | Fort Lauderdale, FL | $2K | 2022 |
| Not My Daughter IncCHARITABLE | Pompano Beach, FL | $2K | 2022 |
| Ny Presbyterian Hosp Office Of DevCHARITABLE | New York, NY | $1K | 2022 |
| Hereditary Disease FoundationCHARITABLE | New York, NY | $1K | 2022 |
| Memorial Sloan Kettering HospitalCHARTIABLE | New York, NY | $1K | 2022 |
| Mt Sinai Medical CenterCHARITABLE | New York, NY | $1K | 2022 |
| Mt Sinai South Nassau HospitalCHARITABLE | Oceanside, NY | $25K | 2021 |
| Integration Charter SchoolCHARITABLE | Staten Island, NY | $5K | 2021 |
| Meals On Wheels Of Staten IslandCHARITABLE | Staten Island, NY | $5K | 2021 |
| Boca Helping HandsCHARITABLE | Boca Raton, FL | $2K | 2021 |