Schacknow Family Foundation Inc

PALM BEACH GARDENS, FL EIN: 47-4619028

Schacknow Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 25 grants totaling $153K. Net investment income was $252K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-0.6% YoY

Annual Giving

$153K

-28.4% YoY

Grant Count

25

-16.7% YoY

Avg Grant Size

$6K

-14.0% YoY

Under IRS private-foundation payout rules, Schacknow Family Foundation Inc reported a distributable amount of $209K for 2024 — the minimum it must pay out in qualifying distributions.

About Schacknow Family Foundation Inc

Based on IRS filings

Schacknow Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 25 grants totaling $153K. Net investment income was $252K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+5 more states

Cities

AuburnBathBethelBonita SpringsBootbayBootbay HarborBoothbayBoothbay HarborBoothbay HbrBoynton BeachBrunswickCamdenDallasDurhamEast BoothbayGainesvilleJacksonvilleJuipterJupiterLouisville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$105K$210K$315K$421K20202021202220232024
Metric202420232022
Total Assets$4,336,482$4,364,112$4,611,253
Revenue$294,487$135,254$185,912
Expenses$322,117$382,395$312,742
Qualifying Distributions$237,100$295,113$228,701
Net Investment Income$251,999$97,580$141,040
Distributable Amount$208,882$220,131$269,359

Giving Over Time

Total grant dollars and number of grants per year

$0$53K$107K$160K$214K31 grants202012 grants202121 grants202230 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAINE MEDICAL CENTER$40KWORLD AFFAIRS COUNCIL OF…$13KJAFCO$13KTHE MALTZ JUPITER THEATRE$10KFriends of Thai Daughters$10KBoothbay Region YMCA$10KBoothbay Region Amublanc…$8KCOASTAL MAINE BOTANICAL …$8KSPECIAL OPERATORS TRANSI…$7KBOOTHBAY HARBOR MEMORIAL…$6K

Grant Size Distribution

119 grants across all recorded years

118<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maine Medical Center ($40,000), World Affairs Council of Palm Beach Inc ($12,500), Jafco ($12,500).

RecipientPurposeAmount
MAINE MEDICAL CENTER PORTLAND, MEGENERAL OPERATIONS$40,000
COASTAL MAINE BOTANICAL GARDENS BOOTHBAY, MEGENERAL OPERATIONS$7,500
WORLD AFFAIRS COUNCIL OF PALM BEACH INC BOYNTON BEACH, FLGENERAL OPERATIONS$12,500
THE MALTZ JUPITER THEATRE JUPITER, FLGENERAL OPERATIONS$10,000
Southport Island Association Southport, MEGENERAL OPERATIONS$3,500
Friends of Thai Daughters Trevett, MEGENERAL OPERATIONS$10,000
Boothbay Region YMCA Boothbay Harbor, MEGENERAL OPERATIONS$10,000
Lincoln County Historical Association Wiscasett, MEGENERAL OPERATIONS$3,000
Temple Judea of Palm Beach County Palm Beach Garadens, FLGENERAL OPERATIONS$1,000
Bigelow Laboratory for Ocean Sciences East Boothbay, MEGENERAL OPERATIONS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DR PAUL SCHACKNOWPRESIDENT$41KSHARMA SCHACKNOWSECRETARY$41KJEFFREY SCHACKNOWBOARD MEMBER$24K

From 2024 filing

NameTitleHoursCompensation
DR PAUL SCHACKNOWPRESIDENT12$41,388
SHARMA SCHACKNOWSECRETARY12$41,388
JEFFREY SCHACKNOWBOARD MEMBER8$23,649

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Schacknow Family Foundation Inc?

Schacknow Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $4.3M in total assets as of 2024.

How large is Schacknow Family Foundation Inc?

As of 2024, Schacknow Family Foundation Inc holds $4.3M in total assets with $294K in annual revenue. It awarded 25 grants totaling $153K in 2024.

Where does Schacknow Family Foundation Inc operate?

Schacknow Family Foundation Inc has awarded grants in California, Florida, Illinois, Kentucky, Louisiana, Maine, Mh, North Carolina, Pennsylvania, Tennessee, Texas, Washington.

What size grants does Schacknow Family Foundation Inc award?

In 2024, Schacknow Family Foundation Inc awarded 25 grants totaling $153K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Schacknow Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schacknow Family Foundation Inc reported a distributable amount of $209K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schacknow Family Foundation Inc's EIN?

Schacknow Family Foundation Inc's EIN (Employer Identification Number) is 47-4619028. IRS Form 990 filing data is available on this page for 2020–2024.

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

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