Kenneth and Claudia Silverman Family
The Kenneth and Claudia Silverman Family Foundation is a private family foundation established in 1999 and based in Basking Ridge, New Jersey. The foundation operates as a trust structure and focuses on philanthropic grantmaking across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.4M
-6.1% YoY
Annual Giving
$1.5M
-32.7% YoY
Grant Count
14
-22.2% YoY
Avg Grant Size
$109K
-13.5% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation accepts applications.
Grant Range
$10,000
Average Grant
amount: $71,000
Ready to take the next step with Kenneth and Claudia Silverman Family?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New Jersey
- New York
- Florida
Approximately 97% of grants support organizations in New York, New Jersey, and Massachusetts, with grantmaking reaching across four states.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $13,196,614
- Total revenues: $5,732,856
- Total expenses: $2,288,113
- Annual income: $2.3 million
- Giving rate: 17.2% of assets
Assets & Revenue (2022):
- Total assets: $11.4 million
The foundation is governed by three officers and trustees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,392,446 | $13,196,614 | $11,428,309 |
| Revenue | $769,682 | $5,732,856 | $1,200,450 |
| Expenses | $1,573,850 | $2,288,113 | $509,094 |
| Qualifying Distributions | $1,525,300 | $2,267,189 | $437,992 |
| Net Investment Income | $666,555 | $2,191,075 | $980,322 |
| Distributable Amount | $615,369 | $489,139 | $522,907 |
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
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Kenneth Silverman serves as trustee of the foundation. Silver Line Building Products Corporation is listed as the principal officer.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH SILVERMAN | TRUSTEE/SETTLOR | — | — |
| CLAUDIA SILVERMAN | TRUSTEE/SETTLOR | — | — |
| BRITANY NELSON | TRUSTEE(FULL YEAR)/MANAGER | 30 | — |
Contact Information
- Address: 195 Morristown Road, Basking Ridge, NJ 07920-1650
- Phone: 973-765-0100
- EIN: 22-6831069
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Kenneth and Claudia Silverman Family on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities