Cheryl Spencer Memorial Foundation
The Cheryl Spencer Memorial Foundation is a family foundation based in Dedham, Massachusetts. Established in 1986, the foundation operates as a private grantmaking organization focused on supporting charitable causes in the Jewish community and beyond.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.6M
+13.6% YoY
Annual Giving
$875K
+26.7% YoY
Grant Count
16
+14.3% YoY
Avg Grant Size
$55K
+10.9% YoY
Under IRS private-foundation payout rules, Cheryl Spencer Memorial Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary giving focuses on Jewish organizations. Secondary funding interests include education and hospitals, with particular attention to children's hospitals.
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Geographic Focus
Where this funder awards grants
The foundation is based in Dedham, Massachusetts and serves the United States.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,572,715 | $18,105,197 | $15,710,463 |
| Revenue | $3,458,416 | $3,165,917 | $1,810,328 |
| Expenses | $990,898 | $771,183 | $807,785 |
| Qualifying Distributions | $874,900 | $690,308 | $682,878 |
| Net Investment Income | $860,940 | $595,734 | $394,357 |
| Distributable Amount | $1,166,349 | $946,575 | $936,982 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
88 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Jewish Committee ($102,000), AFORAM - American FriendsRambam Hospital ($100,000), American Society For Technion Israel Institute Of Technology Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFORAM - American FriendsRambam Hospital New York, NY | To support the charity's mission | $100,000 |
| American Jewish Committee New York, NY | To support the charity's mission. | $102,000 |
| American Society For Technion Israel Institute Of Technology Inc Newton, MA | To support the Charity's mission. | $100,000 |
| ASUH - American Society of the University of Haifa New York, NY | To support the charity's mission | $100,000 |
| Birthright Israel Foundation New York, NY | To support the charity's mission | $100,000 |
| Brandies University - Hornstein Jewish Professional Leadership Program Waltham, MA | To support the charity's mission | $100,000 |
| Brigham and Women's Hospital Boston, MA | To support the charity's mission | $50,000 |
| Combined Jewish Philanthropies of Greater Boston Inc Boston, MA | To support the charity's mission | $100,000 |
| Gann Acadamy Waltham, MA | To support the charity's mission | $500 |
| Maimonides School Brookline, MA | To support the charity's mission | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Aaron Spencer serves as a key contact for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Aaron Spencer | Trustee | 5 | — |
| Mark Spencer | Trustee | 2 | — |
Contact Information
Address: 51 Grey Stone Path, Dedham, MA 02026-4068
Telephone: 617-435-8667
EIN: 04-6360057
Frequently Asked Questions
What does Cheryl Spencer Memorial Foundation fund?
The foundation's primary giving focuses on Jewish organizations. Secondary funding interests include education and hospitals, with particular attention to children's hospitals.
Where does Cheryl Spencer Memorial Foundation make grants?
The foundation is based in Dedham, Massachusetts and serves the United States.
What size grants does Cheryl Spencer Memorial Foundation award?
In 2024, Cheryl Spencer Memorial Foundation awarded 16 grants totaling $875K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is Cheryl Spencer Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cheryl Spencer Memorial Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cheryl Spencer Memorial Foundation's EIN?
Cheryl Spencer Memorial Foundation's EIN (Employer Identification Number) is 04-6360057. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cheryl Spencer Memorial Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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