Scherr Family Foundation

Organization Overview

Scherr Family Foundation is located in Newton, MA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scherr Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Scherr Family Foundation generated $53.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $32.4k during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Scherr Family Foundation has awarded 48 individual grants totaling $121,701. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Richard A Scherr
Trustee
$0
Elinda S Scherr
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $685
Interest on Savings $0
Dividends & Interest $16,760
Net Rental Income$0
Net Gain on Sale of Assets $34,882
Capital Gain Net Income $34,882
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,167
Total Revenue $53,494

Grants Awarded

Over the last fiscal year, Scherr Family Foundation has awarded $26,397 in support to 11 organizations.

Grant RecipientAmount

CERES

PURPOSE: GENERAL SUPPORT

$3,000

COMBINED JEWISH PHILANTHROPIES

PURPOSE: GENERAL SUPPORT

$2,304

DANA FARBER CANCER INSTITUTE

PURPOSE: GENERAL SUPPORT

$5,000

JCC GREATER BOSTON

PURPOSE: GENERAL SUPPORT

$9,043

ANN ROMNEY CENTER FOR NEUROLOGIC DISEASES

PURPOSE: GENERAL SUPPORT

$1,500

THE SCHWARTZ CENTER

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Profile

Peer Organizations

Organization NameAssets
Jp Fletcher Foundation Inc
North Haven, CT
$4,849,821
Greater Impact Foundation
Melville, NY
$8,642,675
Low Road Foundation
Sharon, CT
$9,956,838
The Gaudio Family Foundation
New York, NY
$19,096,524
Hunt Street Fund Inc
Needham, MA
$1,132,784
Sunshine Charitable Foundation
Boston, MA
$31,982,611
The Grossman Family Foundation
Cos Cob, CT
$19,398,345
New North Citizens Council
Springfield, MA
$10,021,168
Thomas W Haas Foundation
Greenland, NH
$23,898,654
Irene E And George A Davis Foundation
Springfield, MA
$10,687,163
Margaret A Nagel Tr Uw Art 2
Jericho, NY
$58,879
Lavelle Fund For The Blind Inc
New York, NY
$929,745
Swartz Foundation Trust
New York, NY
$3,926,191
The Carter Burden Network
New York, NY
$7,580,726
Riff Foundation
Boston, MA
$12,415,018
The Mellen Charitable Foundation Inc
Boston, MA
$5,437,727
Mccall Foundation Inc
Torrington, CT
$7,203,392
Laffont Family Foundation
New York, NY
$47,730,500
Wilma S And Laurence A Tisch Foundation
New York, NY
$6,373,102
Della Pietra Foundation
Jericho, NY
$7,361,516
Leslie B Barrett Foundation
Stamford, CT
$391,427
Raymond Debbane Family Foundation
New York, NY
$47,457,198
Warburg Pincus Foundation
New York, NY
$5,839,210
Henry P Kendall Foundation Trust
Boston, MA
$16,619,397
Glenn Greenbeg And Linda Vester Foundation Inc
New York, NY
$16,832,155

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