Sylvia & Robert Scher Charitable Foundation

Organization Overview

Sylvia & Robert Scher Charitable Foundation is located in New Rochelle, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Sylvia & Robert Scher Charitable 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 09/2022, Sylvia & Robert Scher Charitable Foundation generated $584.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $695.0k during the year ending 09/2022. While expenses have increased by 28.0% 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 2015, Sylvia & Robert Scher Charitable Foundation has awarded 411 individual grants totaling $805,850. 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
Avi Gelboim
Trustee
$40,000
Ricky Gelboim
Trustee
$0
Ellen Gelboim
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $105,333
Interest on Savings $0
Dividends & Interest $12,477
Net Rental Income$0
Net Gain on Sale of Assets -$3,185
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $469,868
Total Revenue $584,493

Grants Awarded

Over the last fiscal year, Sylvia & Robert Scher Charitable Foundation has awarded $112,830 in support to 45 organizations.

Grant RecipientAmount

UJA-FEDERATION OF NEW YORK

PURPOSE: UNRESTRICTED USE

$18,000

WESTCHESTER JEWISH COMMUNITY SERVICES

Org PageRecipient Profile

White Plains, NY

PURPOSE: UNRESTRICTED USE

$10,000

BETH EL SYNAGOGUE CENTER

PURPOSE: UNRESTRICTED USE

$7,500

FRIENDS OF THE ISRAEL DEFENSE FORCES

PURPOSE: UNRESTRICTED USE

$3,600

ISRAEL POLICY FORUM

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED USE

$3,600

EVERYTOWN FOR GUN SAFETY SUPPORT FUND

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED USE

$3,500
View Grant Profile

Peer Organizations

Organization NameAssets
Harold Grinspoon Foundation
Agawam, MA
$58,159,410
General Professional Liability Lass Fund Trust Agreement
Pittsburgh, PA
$37,293,555
Jader Trust 4
New York, NY
$157,383,970
Rockefeller Family Fund Inc
New York, NY
$43,772,368
Shapiro-Silverberg Foundation
New York, NY
$24,069,378
Hess Philanthropic Fund
New York, NY
$32,591,174
Edith L Trees Charitable Trust
Pittsburgh, PA
$23,983,044
Natural Heritage Trust
Albany, NY
$23,861,363
Hollow Metal Trust Fund
New York, NY
$12,661,866
Halvorsen Family Foundation
Greenwich, CT
$4,015,208
Adp Foundation
Roseland, NJ
$20,725,290
Lynch Foundation
Boston, MA
$42,142,694

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