The Scherman Foundation Inc
NEW YORK, NY EIN: 13-6098464
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$111.7M
+3.6% YoY
Annual Giving
$6.7M
-4.6% YoY
Grant Count
130
-11.0% YoY
Avg Grant Size
$52K
+7.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $111,698,013 | $107,834,343 | $108,635,818 |
| Revenue | $13,319,729 | $8,828,702 | $1,302,378 |
| Expenses | $9,456,059 | $9,630,177 | $9,382,866 |
| Qualifying Distributions | $8,132,024 | $8,443,655 | $7,936,120 |
| Net Investment Income | $12,146,512 | $7,720,418 | $70,472 |
| Distributable Amount | $6,756,021 | $6,147,205 | $6,778,077 |
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Scherman Foundation Inc fund?
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Key People
Officers and directors from IRS filings
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXIS ANDERSON-REED | DIRECTOR | 2 | — |
| RINI BANERJEE | DIRECTOR, TREASURER | 2 | — |
| AMY BERGTOLD | DIRECTOR | 2 | — |
| MIRIAM BUHL | DIRECTOR | 2 | — |
| STEVEN K CHOI | DIRECTOR | 2 | — |
| RASU JILANI | DIRECTOR | 2 | — |
| MILES S RAPOPORT | DIRECTOR | 2 | — |
| MARIANNA SCHAFFER | DIRECTOR, CHAIR | 2 | — |
| DR PETER K SOLLINS | DIRECTOR, SECRETARY | 2 | — |
| MITCHELL C PRATT | PRESIDENT & CEO | 40 | $334,718 |
Geographic Focus
Where this funder has awarded grants
States
Cities
AlbanyAlbuquerqueAmherstAncramAptosAtlantaBemidjiBerkeleyBeverly HillsBloomfieldBooneBostonBronxBrooklynCalabasasCambridgeCharlestonChicagoCincinnatiClearwater
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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