Chernoff Memorial Charitable Fdn
Chernoff Memorial Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 1 grant totaling $715K. Net investment income was $1.4M.
Key facts about Chernoff Memorial Charitable Fdn
- EIN
- 30-6633439
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $715,390
- Grants made (2024)
- 1
- Average grant
- $715,390
- Median grant
- $715,390
- Total assets
- $15,930,086
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
How Chernoff Memorial Charitable Fdn gives
- Giving held roughly steady from 2021 to 2024 (+7%). Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Chernoff Memorial Charitable Fdn
- How to evaluate Chernoff Memorial Charitable Fdn as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Chernoff Memorial Charitable Fdn with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.9M
+3.4% YoY
Annual Giving
$715K
+3.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$715K
+3.1% YoY
Under IRS private-foundation payout rules, Chernoff Memorial Charitable Fdn reported a distributable amount of $923K for 2024 — the minimum it must pay out in qualifying distributions.
About Chernoff Memorial Charitable Fdn
Based on IRS filings
Chernoff Memorial Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 1 grant totaling $715K. Net investment income was $1.4M.
Focus Areas
Ready to take the next step with Chernoff Memorial Charitable Fdn?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,930,086 | $15,404,866 | $15,106,192 |
| Revenue | $1,489,175 | $1,198,589 | $646,804 |
| Expenses | $953,081 | $895,870 | $1,255,990 |
| Qualifying Distributions | $841,551 | $805,038 | $961,993 |
| Net Investment Income | $1,390,418 | $779,460 | $501,958 |
| Distributable Amount | $923,096 | $826,341 | $842,102 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The Salvation Army ($715,390).
| Recipient | Purpose | Amount |
|---|---|---|
| THE SALVATION ARMY LUTZ, FL | GENERAL OPERATING | $715,390 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bank of America N a | Trustee | 2 | $210,268 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chernoff Memorial Charitable Fdn?
Chernoff Memorial Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $15.9M in total assets as of 2024.
How large is Chernoff Memorial Charitable Fdn?
As of 2024, Chernoff Memorial Charitable Fdn holds $15.9M in total assets with $1.5M in annual revenue. It awarded 1 grant totaling $715K in 2024.
Where does Chernoff Memorial Charitable Fdn operate?
Chernoff Memorial Charitable Fdn has awarded grants in Florida, New York.
What size grants does Chernoff Memorial Charitable Fdn award?
In 2024, Chernoff Memorial Charitable Fdn awarded 1 grant totaling $715K — an average of about $715K per grant, based on its IRS Form 990 filings.
How much is Chernoff Memorial Charitable Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chernoff Memorial Charitable Fdn reported a distributable amount of $923K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chernoff Memorial Charitable Fdn's EIN?
Chernoff Memorial Charitable Fdn's EIN (Employer Identification Number) is 30-6633439. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Chernoff Memorial Charitable Fdn's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Mrs Bunny Foundation
FORT MYERS, FL
Assets
$299K
Grants
8
Total Given
$41K
Adam R Scripps Foundation
FT MITCHELL, KY
Assets
$754.6M
Grants
281
Total Given
$35.5M
Eqt Foundation
CANONSBURG, PA
Assets
$26.2M
Grants
367
Total Given
$6.3M
Ernest G & Cecil B Williams
BIRMINGHAM, AL
Assets
—
Grants
13
Total Given
$54K
The Cooper Health System a New Jersey
CAMDEN, NJ
Assets
$2.7B
Grants
15
Total Given
$1.3M
L&M Schutte Charitable Trust
QUINCY, IL
Assets
$390K
Grants
6
Total Given
$23K
Rabaut Family Foundation
GREAT FALLS, VA
Assets
—
Grants
30
Total Given
$673K
Haslam Family Foundation Inc
KNOXVILLE, TN
Assets
$19.3M
Grants
34
Total Given
$8.0M
The Frank and Brenda Gallagher Family
UPPER SADDLE RIVER, NJ
Assets
$572K
Grants
15
Total Given
$32K
Van Wie Family Foundation
HOUSTON, TX
Assets
$1.3M
Grants
24
Total Given
$99K
Tuw Myrtle Jones King Char Fdn
DALLAS, TX
Assets
$2.4M
Grants
4
Total Given
$134K
The Orchard Farm Foundation
WEST PALM BEACH, FL
Assets
$24.2M
Grants
51
Total Given
$2.0M
More Funders in New Jersey
Data last updated April 2026. Sourced from IRS Form 990-PF filings.