Leroy Schecter Foundation Inc

Organization Overview

Leroy Schecter Foundation Inc is located in Teaneck, NJ. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Leroy Schecter Foundation Inc 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 12/2021, Leroy Schecter Foundation Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Leroy Schecter Foundation Inc has awarded 40 individual grants totaling $6,270,437. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,700,000
Interest on Savings $10
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,700,010

Grants Awarded

Over the last fiscal year, Leroy Schecter Foundation Inc has awarded $1,664,087 in support to 11 organizations.

Grant RecipientAmount

MOUNT SINAI SCHOOL OF MEDICINE

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT THE FRIEDMAN BRAIN INSTITUTE RESEARCH

$1,000,000

DANA-FARBER CANCER INSTITUTE

PURPOSE: MEDICAL RESEARCH

$250,000

AMERICAN FRIENDS OF SHEBA MEDICAL CENTER

PURPOSE: MEDICAL RESEARCH

$250,000

RELAY FOR LIFE IN DECATURAMERICAN CANCER SOCIETY

PURPOSE: RESEARCH INTO THE TREATMENT OF CANCER

$75,000

AMERICAN FOUNDATION FOR SUICIDE PREVENTION

Org PageRecipient Profile

New York, NY

PURPOSE: AFSP RAISES AWARENESS, FUNDS SCIENTIFIC RESEARCH AND PROVIDES RESOURCES AND AID TO THOSE AFFECTED BY SUICIDE.

$25,000

THE GLOBAL ARTS PROJECT INC

PURPOSE: PROVIDE AFFORDABLE MUSICAL AND RELATED CULTURAL EVENTS TO THE GENERAL PUBLIC OF SOUTH FLORIDA THROUGH THE ACTIVE PRESENTATION OF A DIVERSITY OF ART FORMS.

$25,000
View Grant Profile

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