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EIN 13-6098464

The Scherman Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
New York
State
New York
Year formed
1943
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Scherman Foundation nurtures excellent nonprofit organizations and leaders in the fields of community development, environment, reproductive justice, human rights, the arts, and governmental accountability.
Total revenues
$8,828,702
2023
Total expenses
$9,630,177
2023
Total assets
$107,834,343
2023
Num. employees
5
2023

Program areas at The Scherman Foundation

No direct charitable activities

Grants made by The Scherman Foundation

GranteeGrant descriptionAmount
Progressive Multiplier FundBuilding Power for Reproductive Justice Through Independent Revenue Generation$250,000
Climate and Clean Energy Equity FundGeneral Operating Suport$225,000
National Latina Institute for Reproductive JusticeNational Reproductive Justice Voter Mobilization Collaboration$200,000
...and 113 more grants made totalling $5,803,876

Personnel at The Scherman Foundation

NameTitleCompensation
Mike PrattPresident and Chief Executive Officer
Catherine PorterDirector of Operations$120,711
Gisela AlvarezProgram Director$190,000
Mitchell PrattPast President and Chief Executive Officer / President , Treasurer / President and Treasurer$323,541

Financials for The Scherman Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$2,331,624
Net rental income$0
Net gain from sale of non-inventory assets$5,382,232
Gross sales of inventory$0
Miscellaneous revenues$1,114,846
Total revenues$8,828,702

Form 990s for The Scherman Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990PFView PDF
2022-122023-11-10990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-11990PFView PDF
2019-122021-06-11990PFView PDF
...and 8 more Form 990s
Data update history
January 20, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 20, 2025
Updated personnel
Identified 1 new personnel
January 6, 2025
Used new vendors
Identified 1 new vendor, including
November 9, 2024
Used new vendors
Identified 1 new vendor, including
January 18, 2024
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvement
Characteristics
JewishReligiousProvides grantsPartially liquidatedGrassroots organizingTax deductible donationsAccepts online donations
General information
Address
16 E 52nd St 601
New York, NY 10022
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
scherman.org/ 
Phone
(212) 832-3086
IRS details
EIN
13-6098464
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1943
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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