Karen Silvera Foundation

Foundation · Grantmaker Tenafly, NJ EIN: 30-0703505

Karen Silvera Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tenafly, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $414K in total assets. In 2024, it awarded 10 grants totaling $38K.

Key facts about Karen Silvera Foundation

EIN
30-0703505
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$38,010
Grants made (2024)
10
Average grant
$3,801
Median grant
$1,805
New grantees (estimate)
50% first-time grantees (5 of 10, 2024)
Total assets
$414,144
Primary geography
New York (88% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Karen Silvera Foundation funds

By grant dollars, the top recipient states for Karen Silvera Foundation's 10 itemized 2024 grants were New York (88%) and District of Columbia (8%). The most frequent recipient cities were New York, NY (6 grants). 20% of grants with a stated purpose were for general or operating support.

Is Karen Silvera Foundation open to new grantees?

50%

first-time grantees, 2024

In 2024, 5 of 10 grantees (50%) were first-time recipients. First grants averaged $2K; repeat grants $6K. How we count

Medians: $2K first-time, $1K repeat.

  • 30% of 2024 grantees were also funded in 2023. Method
  • Giving grew 76% from 2021 to 2024. Method
  • In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$414K

+0.0% YoY

Annual Giving

$38K

+1.3% YoY

Grant Count

10

-16.7% YoY

Avg Grant Size

$4K

+21.6% YoY

Under IRS private-foundation payout rules, Karen Silvera Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Karen Silvera Foundation

Based on IRS filings

Karen Silvera Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tenafly, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $414K in total assets. In 2024, it awarded 10 grants totaling $38K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of all 10 itemized 2024 grant dollars.

Cities

New YorkEnglewoodAtlantaBaltimoreAllentownLos AngelesMemphisBostonBrooklynBryn MawrChicagoHackensackHarlemHasbrouck HeightsHuntingtonMoonachiePrincetonSanta BarbaraScarsdaleWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$48K$63K201920202021202220232024
Metric202420232022
Total Assets$414,144$414,144$421,530
Revenue$14,672$8,998$16,218
Expenses$57,598$55,433$47,671
Qualifying Distributions$38,010$37,515$42,236
Net Investment Income——$11,223
Distributable Amount$43,660$31,650$26,643

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$21K$32K$42K13 grants201915 grants202015 grants20216 grants202212 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Weill Cornell Medical Center: $25KWeill Cornell Medical Center$25KFoundation for Defense of Democraci: $3KFoundation for Defense ofDemocraci$3KAmerican Friends of Magen David Ado: $3KAmerican Friends of MagenDavid Ado$3KAmerican Friends of Idf: $2KAmerican Friends of Idf$2KTrust for Public Land: $2KTrust for Public Land$2KAmerican Jewish Joint Distribution: $2KAmerican Jewish JointDistribution$2KNational Summer Learning: $1KNational Summer Learning$1KBergern Family Center: $511Bergern Family Center$511Pef Israel Endowment Fund: $309Pef Israel Endowment Fund$309The Giving Back Fund: $80The Giving Back Fund$80

Grant Size Distribution

58 grants across all recorded years

58<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Weill Cornell Medical Center ($25,000), Foundation for Defense of Democraci ($3,000), American Friends of Magen David Ado ($2,500).

RecipientPurposeAmount
WEILL CORNELL MEDICAL CENTER New York, NYMEDICAL RESEARCH$25,000
FOUNDATION FOR DEFENSE OF DEMOCRACI Washington, DCCOMMUNITY WELFARE$3,000
AMERICAN FRIENDS OF MAGEN DAVID ADO New York, NYGENERAL CONTRIBUTION$2,500
AMERICAN FRIENDS OF IDF New York, NYCOMMUNITY SERVICE$2,000
TRUST FOR PUBLIC LAND New York, NYNATURE PRESERVATION$1,810
AMERICAN JEWISH JOINT DISTRIBUTION New York, NYCOMMUNITY SERVICE$1,800
NATIONAL SUMMER LEARNING Baltimore, MDEDUCATIONAL$1,000
BERGERN FAMILY CENTER Englewood, NJCHILD WELFARE$511
PEF ISRAEL ENDOWMENT FUND New York, NYGENERAL CONTRIBUTION$309
THE GIVING BACK FUND Los Angeles, CACOMMUNITY PRESERVATION$80

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Karen SilveraPresident1—
Gabrielle AboodiSecretary1—
Mayer SilveraTreasurer1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Karen Silvera Foundation?

Karen Silvera Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tenafly, NJ. It holds $414K in total assets as of 2024.

How large is Karen Silvera Foundation?

As of 2024, Karen Silvera Foundation holds $414K in total assets with $15K in annual revenue. It awarded 10 grants totaling $38K in 2024.

Where does Karen Silvera Foundation operate?

Karen Silvera Foundation has awarded grants in California, District of Columbia, Georgia, Illinois, Massachusetts, Maryland, New Jersey, New York, Pennsylvania, Tennessee.

What size grants does Karen Silvera Foundation award?

In 2024, Karen Silvera Foundation awarded 10 grants totaling $38K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Karen Silvera Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen Silvera Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Karen Silvera Foundation's EIN?

Karen Silvera Foundation's EIN (Employer Identification Number) is 30-0703505. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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