Schechter Foundation Inc

Foundation · Grantmaker Chapel Hill, NC EIN: 56-1318527

There are multiple foundations with the Schechter name operating in different regions. The primary Schechter Foundation is located in Fairfield, Connecticut and was established in 1983. It operates as a family foundation focused on scholarship and educational funding.

Key facts about Schechter Foundation Inc

EIN: 56-1318527
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $500
Grants made (2024): 1
Average grant: $500
Median grant: $500
Total assets: $691,310
Primary geography: North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

How Schechter Foundation Inc gives

Giving fell 100% from 2021 to 2024. Method
In 2024 it paid out 10% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$691K

+1.0% YoY

Annual Giving

$500

-99.5% YoY

Grant Count

-95.7% YoY

Avg Grant Size

$500

-87.6% YoY

Under IRS private-foundation payout rules, Schechter Foundation Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Schechter Foundation provides scholarship awards for higher education in occupational and physical therapy and other graduate programs in health care and related fields. The foundation also awards tuition grants in technical studies for graduate and postgraduate students.

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Geographic Focus

Where this funder awards grants

The foundation is based in Fairfield, Connecticut and serves the United States.

Grant Distribution by State

North Carolina $500 (100%)

Share of all 1 itemized 2024 grant dollars.

States

North Carolina

Cities

Chapel Hill

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$691,310	$684,776	$757,574
Revenue	$27,149	$33,287	$39,293
Expenses	$4,632	$101,232	$156,061
Qualifying Distributions	$4,632	$101,232	$156,061
Net Investment Income	$23,193	$26,130	$29,323
Distributable Amount	$44,869	$42,633	$53,431

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 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 1 recipients in 2024

Grant Size Distribution

124 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Goathouse Refuge ($500).

Recipient	Purpose	Amount
Goathouse Refuge Chapel Hill, NC	various	$500

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
Arnold MC Schechter	President	—	—
Arielle C Schechter	Secretary Treasurer	—	—

Contact Information

The Schechter Foundation
158 Glengarry Rd
Fairfield, CT 06825-1168
Telephone: 203-258-1419
EIN: 13-3157311

Frequently Asked Questions

What does Schechter Foundation Inc fund?

Where does Schechter Foundation Inc make grants?

The foundation is based in Fairfield, Connecticut and serves the United States.

What size grants does Schechter Foundation Inc award?

In 2024, Schechter Foundation Inc awarded 1 grant totaling $500 — an average of about $500 per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schechter Foundation Inc reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.