Silver Family Foundation
- Assets
- $40.9m
- Revenue
- $21.9m
- Investments
- $40.5m
- Employees
- 0
- Location
- Darien, CT
- Founding
- 03/1999
- Data as of
- 06/2022
- EIN
- 06-1532898
Organization Overview
Silver Family Foundation is located in Darien, CT. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Silver 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 06/2022, Silver Family Foundation generated $21.9m in total revenue. All expenses for the organization totaled $22.5m during the year ending 06/2022. While expenses have increased by 38.3% per year over the past 6 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 2015, Silver Family Foundation has awarded 385 individual grants totaling $114,311,556. 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) | Role | Hours | Compensation |
|---|---|---|---|
Philip And Barbara Silver Trustee | 10 | $0 | |
Philip Tyler Silver Trustee | 10 | $0 | |
Peter Milo Silver Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Merrill Lynch | 6/29/22 | $199,496 |
Sara Merten | 6/29/22 | $119,892 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,019,787 |
| Interest on Savings | $208 |
| Dividends & Interest | $1,149,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,771,891 |
| Capital Gain Net Income | $8,771,891 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,941,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,400 |
| Depreciation | $0 |
| Occupancy | $21,472 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,327 |
| Total operating and administrative expenses | $424,977 |
| Contributions, gifts, grants paid | $22,042,757 |
| Total expenses and disbursements | $22,467,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $369,141 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,909,689 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Silver Family Foundation has awarded $23,353,590 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: HEALTH CARE | $17,507,500 |
Portland, OR PURPOSE: YOUTH ENRICHMENT THROUGH ART EDUCATION | $1,400,000 |
Portland, OR PURPOSE: EDUCATION | $1,247,500 |
DE LA SALLE NORTH CATHOLIC HIGH SCHOOL PURPOSE: COLLEGE PREP EDUCATIONCOLLEG PREP EDUCATION | $200,000 |
Klamath Falls, OR PURPOSE: MENTORING PROGRAM FOR CHILDREN | $180,000 |
Portland, OR PURPOSE: MENTORING PROGRAM FOR CHILDREN | $155,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |
Pinkerton Foundation New York, NY | $0 | $34,479,499 |
Jerome L Greene Foundation Inc New York, NY | $761,173,462 | $44,061,271 |
Howard Gilman Foundation Inc New York, NY | $600,733,170 | $27,754,418 |