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The Karla Scherer Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1990. The principal officer is % Karla Scherer. It holds total assets of $8.3M. Annual income is reported at $361K. According to available records, The Karla Scherer Foundation has made 58 grants totaling $687K, with a median grant of $5K. Annual giving has grown from $166K in 2020 to $250K in 2023. Grantmaking activity was highest in 2022 with $272K distributed across 21 grants. Individual grants have ranged from $1 to $110K, with an average award of $12K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Illinois, Connecticut, Ohio, which account for 74% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
The Karla Scherer Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in IL, CT, OH.
The Karla Scherer Foundation has distributed a total of $687K across 58 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $1 to $110K.
The Karla Scherer Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (382877392) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
The Karla Scherer Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karla Scherer | CHRM-BD, CEO & TRUSTEE | $0 | $0 | $0 |
| Hadley Kimberlin | TREASURER | $0 | $0 | $0 |
| Amanda Mckenzie | SECRETARY | $0 | $0 | $0 |
Total Giving
$356K
Total Assets
$7.4M
Fair Market Value
$7.4M
Net Worth
$7.4M
Grants Paid
$250K
Contributions
$0
Net Investment Income
$163K
Distribution Amount
$357K
Total: $7M
Total Grants
58
Total Giving
$687K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL FUND | Alexandria, VA | $1K | 2023 |
| University Of Chicago Scherer CenterGENERAL FUND | Chicago, IL | $110K | 2023 |
| Newberry LibraryGENERAL FUND | Chicago, IL | $36K | 2023 |
| Healthnetwork FoundationGENERAL FUND | Chagrin Falls, OH | $20K | 2023 |
| Lyric Opera Of ChicagoGENERAL FUND | Chicago, IL | $10K |
FRANKLIN, VA
BOSTON, MA
SAINT LOUIS, MO
CHICAGO, IL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2023 |
| Planned Parenthood Federation Of AmericaGENERAL FUND | Chicago, IL | $10K | 2023 |
| Field MuseumGENERAL FUND | Chicago, IL | $10K | 2023 |
| The Chicago Symphony OrchestraGENERAL FUND | Chicago, IL | $10K | 2023 |
| Illinois Policy InstituteGENERAL FUND | Chicago, IL | $10K | 2023 |
| Leader Dogs For The BlindGENERAL FUND | Rochester Hills, MI | $5K | 2023 |
| Providence St Mel SchoolGENERAL FUND | Chicago, IL | $5K | 2023 |
| Hyde Park & Kenwood Interfaith CouncilGENERAL FUND | Chicago, IL | $5K | 2023 |
| Art Institute Of ChicagoGENERAL FUND | Chicago, IL | $5K | 2023 |
| Chicago Shakespeare TheatreGENERAL FUND | Chicago, IL | $3K | 2023 |
| University Of ChicagoGENERAL FUND | Chicago, IL | $2K | 2023 |
| Third Coast Percussion NfpGENERAL FUND | Chicago, IL | $2K | 2023 |
| Kbach Friends Of Public Radio ArizonaGENERAL FUND | Tempe, AZ | $1K | 2023 |
| Museum Of ChincoteagueGENERAL FUND | Chincoteague Island, VA | $1K | 2023 |
| WfmtGENERAL FUND | Chicago, IL | $1K | 2023 |
| Michigan Supreme Court Historical SocietyGENERAL FUND | Lansing, MI | $1K | 2023 |
| Representus Education FundGENERAL FUND | Florence, MA | $1K | 2023 |
| Thoroughbred Retirement FoundationGENERAL FUND | Saratoga Springs, NY | $1K | 2023 |
| Lifeline TheatreGENERAL FUND | Chicago, IL | $150 | 2023 |
| Ocean Connect IncGENERAL FUND | Wilton, CT | $75K | 2022 |
| Court TheatreGENERAL FUND | Chicago, IL | $5K | 2022 |
| Friends Of Notre Dame De ParisGENERAL FUND | Etna, NH | $5K | 2022 |
| University Of Chicago Humanities CouncilGENERAL FUND | Chicago, IL | $50K | 2020 |
| National Portrait GalleryGENERAL FUND | Greenwich, CT | $25K | 2020 |
| Art Institute Of Chicago Dept Of American ArtGENERAL FUND | Chicago, IL | $5K | 2020 |
| AcluGENERAL FUND | Chicago, IL | $4K | 2020 |
| From K-1 Calumet Specialty Products Partners LpGENERAL FUND | Indianapolis, IN | $1 | 2020 |
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