funder logo

THE SCHERMAN FOUNDATION INC

THE SCHERMAN FOUNDATION INC

New York, NY, US
501(c)3
EIN
13-6098464
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE SCHERMAN FOUNDATION INC

New York, NY, US
501(c)3
EIN
13-6098464
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,319,729

Other
82%
Investments
18%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$9,456,059

Grants
71%
Salaries & Benefits
12%
Other
11%
Fees to Service Providers
4%
Offices, Occupancy & IT
1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,331,624
$2,392,345
+3%
Other
$6,497,078
$10,927,384
+68%
Total Revenues
$8,828,702
$13,319,729
+51%
Expenses
2023
2024
Change
Grants
$7,044,472
$6,720,617
-5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,120,750
$1,149,867
+3%
Fees to Service Providers
$339,746
$382,878
+13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$150,159
$116,713
-22%
Interest
$70,907
$34,725
-51%
Depreciation
$0
$0
-
Other
$904,143
$1,051,259
+16%
Total Expenses
$9,630,177
$9,456,059
-2%
Net income
2023
2024
Change
Net income
-$801,475
+$3,863,670
-582%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)