Leopold Schepp Foundation
The Leopold Schepp Foundation is a private foundation based in New York, New York. It provides educational scholarships to full-time undergraduate and graduate students, with the aim of supporting students whose goals will benefit mankind.
Leopold Schepp Foundation at a glance
In short: Leopold Schepp Foundation gave $480K across 59 grants in 2025 (avg $8K), top state New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $480,000
- +27.3% vs 2024
- Grants made (2025)
- 59
- +22.9% vs 2024
- Average grant
- $8,136
- +3.6% vs 2024
- Median grant
- $9,000
- Total assets
- $12,095,735
- +0.4% vs 2024
- Primary geography
- New York (34% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Leopold Schepp Foundation
- Review Cycle
- The 2024 filing says the application process closes when a sufficient number of applications have been received for review.
- Deadline
- The 2024 filing says the application process closes when a sufficient number of applications have been received for…
- Contact
Application contact: Suzanneclair Guard
Mailing address: 950 Third Avenue Suite 3100, New York, NY 10022
Phone: (212) 692-0191
Website: https://scheppfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Leopold Schepp Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Mary Hale (Benz) ($10K). Together the top 2 received $19K.
Organizations only. It also paid 57 individual scholarships ($461,000), which are not listed by name.
Grant Size Distribution
273 grants across all recorded years
The most common grant size was under $50K: 273 grants of 273 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 34% of grant dollars went to recipients in New York, 13% to California, 7% to New Jersey, and 4% each to Pennsylvania and Oregon. The listed scholarships also included recipients in other states.
Grant Distribution by State
Share of 2025 grant dollars across all 59 itemized grants.
States
Cities
How Leopold Schepp Foundation gives
- Giving grew 22% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $295K (2019) to $499K (2023). In 2025 it made 59 grants totaling $480K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 48 individual scholarships Recipients not named | — | $427,000 |
| Mary Hale (Benz) Northville, MI | Scholarship | $10,000 |
| Sara Larry (Stepper) Brooklyn, NY | Scholarship | $9,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $12,095,735 | $1,064,123 | $1,399,614 | $480,000 | 59 | $1,254,955 | $418,609 |
| 2024 | $12,052,941 | $975,559 | $1,256,566 | $377,000 | 48 | $1,083,968 | $314,725 |
| 2023 | $11,546,264 | $1,094,115 | $1,290,244 | $499,000 | 65 | $1,158,876 | $420,750 |
| 2022 | $12,292,702 | $1,877,291 | $1,186,156 | $395,025 | 54 | $1,048,424 | $1,105,083 |
| 2021 | $11,999,014 | $647,249 | $1,097,172 | $339,450 | 47 | — | $124,670 |
| 2019 | $10,973,902 | $775,787 | $1,027,510 | $295,000 | 39 | — | $292,228 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to award scholarships to full-time undergraduate and graduate students who demonstrate fine character, academic excellence, financial need, compassion, and a commitment to volunteerism. Its 2024 filing describes its direct charitable activity as providing financial assistance to individuals seeking undergraduate and graduate education. The foundation’s website also features biographies of current scholars.
Grantmaking
In filing year 2025, the foundation reported 59 grants totaling $480,000. Grants ranged from $1,000 to $10,000, with a median of $9,000. The largest listed awards were $10,000 scholarships to individual recipients in several states, including California, New York, Pennsylvania, Oregon, New Mexico, and Texas.
The foundation’s website says applicants must first submit a Request for an Application. The Scholarship Committee determines eligibility; applicants who meet the guidelines and for whom funds are available are emailed a link to the formal application. The website states that it is no longer accepting requests for an application for the 2027–28 academic year. Its posted guidelines require applicants to be U.S. citizens or permanent residents, meet the applicable age limit, have a minimum 3.3 GPA, and enroll full-time in a four-year bachelor’s degree or approved graduate program. They also require an interview in New York City, with travel expenses not reimbursed. The 2024 filing lists a minimum 3.0 GPA and says applicants must be enrolled full-time at an accredited degree-granting institution; these criteria differ from the website’s posted guidelines. Both sources state that applicants must have financial need and cannot seek a second degree at the same level already completed.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Suzanneclair Guard as executive director and Susan Brenner, Emily Crawford, Nancy Grossman, Diana Herrmann, Dean Lewallen, Michele Paige, Vickie Martynenko, Bruno Quinson, and Robert Reder as trustees.
Leopold Schepp Foundation is led by Suzanneclair Guard, Executive Director on every filing since 2019; 1 of 16 officers listed in 2025 is compensated.
Officers on the 2025 filing
Suzanneclair Guard
Executive Director
On filings since 2019
40 hrs/week
$187K (2019) → $242K (2025)
Barbara McLendon
President
On filings since 2019
1.3 hrs/week
No compensation reported
James G. Turino
Chairman Finance Committee
On filings since 2021
1.3 hrs/week
No compensation reported
Banning Repplier
Trustee
On filings since 2019
1 hr/week
No compensation reported
Bruno Quinson
Trustee
On filings since 2019
1 hr/week
No compensation reported
Dean Lewallen
Trustee
On filings since 2019
1 hr/week
No compensation reported
Diana P Herrmann
Trustee
On filings since 2019
1 hr/week
No compensation reported
Emily Crawford
Trustee
On filings since 2019
1 hr/week
No compensation reported
Michele Paige
Trustee
On filings since 2019
1 hr/week
No compensation reported
Nancy Grossman
Trustee
On filings since 2019
1 hr/week
No compensation reported
Robert Reder
Trustee
On filings since 2019
1 hr/week
No compensation reported
Susan Brenner
Trustee
On filings since 2019
1 hr/week
No compensation reported
Martin Tandler
Trustee
On filings since 2021
1 hr/week
No compensation reported
Vickie Martynenko
Trustee
On filings since 2022
1 hr/week
No compensation reported
Frank C. Poli
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Kathryn Cashman
Vice President
On filings since 2019
1.3 hrs/week
No compensation reported
Former officers (3)
- Former: William L D Barrett (2019–2023) — Vice President
- Former: elizabeth potter (2019) — Trustee
- Former: Linda B McKean (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $242K, to Suzanneclair Guard (Executive Director).
Frequently asked questions about Leopold Schepp Foundation
How much does Leopold Schepp Foundation give each year?
Leopold Schepp Foundation gave $480K across 59 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $377K across 48 grants.
What is Leopold Schepp Foundation's typical grant size?
Leopold Schepp Foundation's median grant in 2025 was $9,000, and its average grant was $8,136, across 59 grants on its 2025 IRS Form 990-PF.
Where does Leopold Schepp Foundation give grants?
Leopold Schepp Foundation's top state is New York, with 34% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (13%) and New Jersey (7%).
Does Leopold Schepp Foundation give general operating support?
Not in 2025: none of the 59 grants with a stated purpose on Leopold Schepp Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (59 grants).
How large is Leopold Schepp Foundation?
Leopold Schepp Foundation reported $12.1M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.1M.
What does Leopold Schepp Foundation fund?
The foundation’s stated mission is to award scholarships to full-time undergraduate and graduate students who demonstrate fine character, academic excellence, financial need, compassion, and a commitment to volunteerism. See mission & focus areas ↑
How do I apply for a grant from Leopold Schepp Foundation?
Leopold Schepp Foundation has no public application process in the sources Grantable reviewed. Check scheppfoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is Leopold Schepp Foundation's EIN?
Leopold Schepp Foundation's EIN (Employer Identification Number) is 13-5562353. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 15, 2020)
- IRS filings on file for fiscal years 2021–2025
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