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Scherman Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1943. It holds total assets of $111.7M. Annual income is reported at $22.4M. According to available records, Scherman Foundation Inc. has made 438 grants totaling $19.1M, with a median grant of $40K. Annual giving has grown from $5.7M in 2021 to $13.4M in 2022. Individual grants have ranged from $50 to $250K, with an average award of $44K. The foundation has supported 232 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, California, which account for 83% of all grants. Grantmaking reaches organizations across 20 states. Contributions to this foundation are tax-deductible.
Scherman Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 438 grants. Its grantmaking reaches organizations primarily in NY, DC, CA.
Scherman Foundation Inc. has distributed a total of $19.1M across 438 grants. The median grant size is $40K, with an average of $44K. Individual grants have ranged from $50 to $250K.
The application deadline is UNSOLICITED LOIS ACCEPTED DECEMBER - FEBRUARY AND REVIEWED THEREAFTER. PLEASE SEE OUR GRANT GUIDELINES ON OUR WEBSITE - HTTPS://WWW.SCHERMAN.ORG/HOW-TO-APPLY.
Scherman Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 20 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mitchell C Pratt | PRESIDENT & CEO | $324K | $83K | $407K |
| Dr Peter K Sollins | DIRECTOR, SECRETARY | $0 | $0 | $0 |
| Marianna Schaffer | DIRECTOR, CHAIR | $0 | $0 | $0 |
| Alexis Anderson-Reed | DIRECTOR | $0 | $0 | $0 |
| Ibrahim Abdul-Matin | DIRECTOR (DECEASED JUNE 22, 2023) | $0 | $0 | $0 |
Total Giving
$9.6M
Total Assets
$107.8M
Fair Market Value
$137.8M
Net Worth
$107.8M
Grants Paid
$7M
Contributions
$0
Net Investment Income
$7.7M
Distribution Amount
$6.1M
Total: $6M
Total Grants
438
Total Giving
$19.1M
Average Grant
$44K
Median Grant
$40K
Unique Recipients
232
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York FoundationENGAGENY/RACIAL EQUITY POOLED FUND | New York, NY | $150K | 2022 |
| AlignGENERAL OPERATING SUPPORT | New York, NY | $105K | 2022 |
| DemosGENERAL OPERATING SUPPORT | New York, NY | $100K | 2022 |
| Forward TogetherGENERAL OPERATING SUPPORT | Oakland, CA | $50K | 2022 |
| Rini Banerjee | DIRECTOR, TREASURER | $0 | $0 | $0 |
| Amy Bergtold | DIRECTOR | $0 | $0 | $0 |
| Miriam Buhl | DIRECTOR | $0 | $0 | $0 |
| Steven K Choi | DIRECTOR | $0 | $0 | $0 |
| Rasu Jilani | DIRECTOR | $0 | $0 | $0 |
| Miles S Rapoport | DIRECTOR | $0 | $0 | $0 |
| Progressive Multiplier FundREPRODUCTIVE JUSTICE COHORT | Washington, DC | $250K | 2022 |
| Tides FoundationNEW YORK RENEWS EDUCATION FUND | San Francisco, CA | $225K | 2022 |
| In Our Own Voice National Black Women'S Reproductive Justice AgendaI AM A VOTER | Washington, DC | $200K | 2022 |
| Windward FundRURAL DEMOCRACY INITIATIVE'S HEARTLAND FUND | Washington, DC | $200K | 2022 |
| National Partnership For New AmericansCLIMATE JUSTICE COLLABORATIVE | Chicago, IL | $150K | 2022 |
| Northwest Bronx Community And Clergy CoalitionBRONX-WIDE COALITION | Bronx, NY | $150K | 2022 |
| State VoicesGENERAL OPERATING SUPPORT | Washington, DC | $150K | 2022 |
| New York City Environmental Justice AllianceGENERAL OPERATING SUPPORT | Brooklyn, NY | $100K | 2022 |
| Alliance For Quality Education Inc Co PpefGENERAL OPERATING SUPPORT | Albany, NY | $100K | 2022 |
| Association For Neighborhood & Housing Development (Anhd)GENERAL OPERATING SUPPORT | New York, NY | $100K | 2022 |
| Urge Unite For Reproductive & Gender EquityGENERAL OPERATING SUPPORT | Washington, DC | $100K | 2022 |
| Latinojustice PrldefGENERAL OPERATING SUPPORT | New York, NY | $100K | 2022 |
| The New York Immigration CoalitionGENERAL OPERATING SUPPORT | New York, NY | $100K | 2022 |
| National People'S Action (Aka People'S Action Institute)JUST AND CLEAN ENERGY CAMPAIGN | Chicago, IL | $100K | 2022 |
| The Advocacy InstituteGENERAL OPERATING SUPPORT | Brooklyn, NY | $100K | 2022 |
| Social Good FundUNITED FRONTLINE TABLE | Richmond, CA | $100K | 2022 |
| Pratt Center For Community DevelopmentGENERAL OPERATING SUPPORT | Brooklyn, NY | $100K | 2022 |
| Sistersong Women Of Color Reproductive Justice CollectiveGENERAL OPERATING SUPPORT | Atlanta, GA | $100K | 2022 |
| The New York Women'S FoundationNYC FUND FOR GIRLS AND YOUNG WOMEN OF COLOR | New York, NY | $80K | 2022 |
| The National Latina Institute For Reproductive JusticeGENERAL OPERATING SUPPORT | New York, NY | $80K | 2022 |
| Pennsylvania VoiceGENERAL OPERATING SUPPORT | Philadelphia, PA | $75K | 2022 |
| Progeorgia State TableGENERAL OPERATING SUPPORT | Atlanta, GA | $75K | 2022 |
| Indigenous Environmental NetworkENERGY AND CLIMATE JUSTICE CAMPAIGNS | Bemidji, MN | $75K | 2022 |
| United Way Of NycNYC CHANGE CAPITAL FUND | New York, NY | $75K | 2022 |
| New Settlement ApartmentsCOMMUNITY ACTION FOR SAFE APARTMENTS (CASA) | Bronx, NY | $75K | 2022 |
| Kentucky CoalitionNEW ENERGY AND TRANSITION PROJECT | London, KY | $75K | 2022 |
| Make The Road New YorkGENERAL OPERATING SUPPORT | Brooklyn, NY | $75K | 2022 |
| Tri-State Transportation CampaignENVIRONMENTAL JUSTICE PROGRAM | New York, NY | $70K | 2022 |
| Medical Students For ChoiceGENERAL OPERATING SUPPORT | Philadelphia, PA | $60K | 2022 |
| African Communities TogetherGENERAL OPERATING SUPPORT | New York, NY | $60K | 2022 |
| League Of Conservation Voters Education FundCHISPA PROGRAM | Washington, DC | $60K | 2022 |
| Power (Philadelphians Organized To Witness Empower & Rebuild)GENERAL OPERATING SUPPORT | Philadelphia, PA | $60K | 2022 |
| EarthjusticeMOVING TOWARDS CLIMATE JUSTICE IN NY | San Francisco, CA | $60K | 2022 |
| Communities ResistFAIR HOUSING ENFORCEMENT AND EDUCATION PROJECT | Brooklyn, NY | $60K | 2022 |
| BrandworkersGENERAL OPERATING SUPPORT | Long Island City, NY | $60K | 2022 |
| Bold FuturesGENERAL OPERATING SUPPORT | Albuquerque, NM | $60K | 2022 |
| West Virginia FreeGENERAL OPERATING SUPPORT | Charleston, WV | $60K | 2022 |
| Long Island Progressive CoalitionGENERAL OPERATING SUPPORT | Massapequa, NY | $60K | 2022 |
| North Star FundCOMMUNITIES UNITED FOR POLICE REFORM | New York, NY | $60K | 2022 |
| Chesapeake Climate Action NetworkGENERAL OPERATING SUPPORT | Takoma Park, MD | $60K | 2022 |
| Minkwon Center For Community ActionGENERAL OPERATING SUPPORT | Flushing, NY | $60K | 2022 |
| National Asian Pacific American Women'S ForumGENERAL OPERATING SUPPORT | Chicago, IL | $60K | 2022 |
| UproseGENERAL OPERATING SUPPORT | Brooklyn, NY | $60K | 2022 |
| Brooklyn Academy Of Music IncGENERAL OPERATING SUPPORT | Brooklyn, NY | $60K | 2022 |
| Brooklyn Arts CouncilGENERAL OPERATING SUPPORT | Brooklyn, NY | $50K | 2022 |
| Louisiana Bucket BrigadeGENERAL OPERATING SUPPORT | New Orleans, LA | $50K | 2022 |
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