Schechter Charitable Foundation Inc
Schechter Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mountain Lakes, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $189K in total assets. In 2024, it awarded 13 grants totaling $53K. Net investment income was $126K.
Key facts about Schechter Charitable Foundation Inc
- EIN
- 22-3555628
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $53,000
- Grants made (2024)
- 13
- Average grant
- $4,077
- Median grant
- $2,500
- Total assets
- $189,008
- Primary geography
- New Jersey (77% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Schechter Charitable Foundation Inc funds
By grant dollars, the top recipient states for Schechter Charitable Foundation Inc's 13 itemized 2024 grants were New Jersey (77%), Texas (9%) and Florida (7%). The most frequent recipient cities were Mountain Lakes, NJ (6 grants). 100% of grants with a stated purpose were for general or operating support.
How Schechter Charitable Foundation Inc gives
- 23% of 2024 grantees were also funded in 2023. Method
- Giving grew 69% from 2021 to 2024. Method
- In 2024 it paid out 137% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Schechter Charitable Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$189K
+63.5% YoY
Annual Giving
$53K
+88.6% YoY
Grant Count
13
+62.5% YoY
Avg Grant Size
$4K
+16.1% YoY
Under IRS private-foundation payout rules, Schechter Charitable Foundation Inc reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Schechter Charitable Foundation Inc
Based on IRS filings
Schechter Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mountain Lakes, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $189K in total assets. In 2024, it awarded 13 grants totaling $53K. Net investment income was $126K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $189,008 | $115,616 | $102,560 |
| Revenue | $126,565 | $42,349 | $32,623 |
| Expenses | $53,173 | $29,293 | $42,796 |
| Qualifying Distributions | $53,000 | $28,100 | $41,600 |
| Net Investment Income | $126,392 | $42,156 | $32,427 |
| Distributable Amount | $38,607 | $37,546 | $38,473 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Potcake Place Rescue ($13,500), Barks Inc ($10,000), Dallas Cat Lady ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| POTCAKE PLACE RESCUE Mountain Lakes, NJ | GENERAL CHARITABLE PURPOSE | $13,500 |
| BARKS INC Mountain Lakes, NJ | GENERAL CHARITABLE PURPOSE | $10,000 |
| Dallas Cat Lady Mountain Lakes, NJ | GENERAL PURPOSE CHARITY | $7,500 |
| ANGELITOS SANCTUARIO Laredo, TX | GENERAL CHARITALBE PURPOSE | $5,000 |
| ELEVENTH HOUR RESCUE Dover, NJ | GENERAL CHARITABLE PURPOSE | $5,000 |
| JH ISRAEL Birmingham, AL | GENERAL CHARITABLE PURPOSE | $2,500 |
| COMMCATS OF PALM COAST Palm Coast, FL | GENERAL CHARITABLE PURPOSE | $2,500 |
| ABACO SHELTER Mountain Lakes, NJ | GENERAL CHARITABLE PURPOSE | $2,000 |
| ANIMAL ASIA FOUNDATION USA Mountain Lakes, NJ | GENERAL CHARITABLE PURPOSE | $1,000 |
| TWISTED CATS INC Mountain Lakes, NJ | GENERAL CHARITABLE PURPOSE | $1,000 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patricia Schechter | Trustee | 1 | — |
| Daniel Culnen | Trustee | 1 | — |
| Leonard Witman | Trustee | 1 | — |
| Savannah Schechter | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schechter Charitable Foundation Inc?
Schechter Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mountain Lakes, NJ. It holds $189K in total assets as of 2024.
How large is Schechter Charitable Foundation Inc?
As of 2024, Schechter Charitable Foundation Inc holds $189K in total assets with $127K in annual revenue. It awarded 13 grants totaling $53K in 2024.
Where does Schechter Charitable Foundation Inc operate?
Schechter Charitable Foundation Inc has awarded grants in Alabama, Florida, New Jersey, Pennsylvania, Tennessee, Texas.
What size grants does Schechter Charitable Foundation Inc award?
In 2024, Schechter Charitable Foundation Inc awarded 13 grants totaling $53K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Schechter Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schechter Charitable Foundation Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schechter Charitable Foundation Inc's EIN?
Schechter Charitable Foundation Inc's EIN (Employer Identification Number) is 22-3555628. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.