Schechter Foundation Inc

Private foundation · Grantmaker Chapel Hill, NC EIN: 56-1318527

Schechter Foundation Inc is a private foundation based in Chapel Hill, North Carolina. Its 2024 filing reports one $500 contribution to a North Carolina organization.

Schechter Foundation Inc at a glance

In short: Schechter Foundation Inc gave $500 across 1 grant in 2024 (avg $500), mostly in North Carolina. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$500
-99.5% vs 2023
Grants made (2024)
1
-95.7% vs 2023
Average grant
$500
-87.6% vs 2023
Median grant
$500
Total assets
$691,310
+1.0% vs 2023
Primary geography
North Carolina (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

How to apply to Schechter Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. No application process or required materials are specified.

Contact

Mailing address: 440 Bayberry Drive, Chapel Hill, NC 27517
Phone: (919) 933-1400

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Schechter Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Goathouse Refuge: $500Goathouse Refuge$500

The largest 2024 recipient was Goathouse Refuge ($500).

Grant Size Distribution

124 grants across all recorded years

124<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 124 grants of 124 (100%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars were all directed to a recipient in North Carolina.

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

Chapel Hill

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K38 grants2020 40 grants2021 22 grants2022 23 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $500 (2024) to $146K (2022). In 2024 it made 1 grant totaling $500.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Goathouse Refuge Chapel Hill, NCvarious$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$691,310$27,149$4,632$5001$4,632$23,193$44,869
2023$684,776$33,287$101,232$93,10023$101,232$26,130$42,633
2022$757,574$39,293$156,061$145,96022$156,061$29,323$53,431
2021$873,628$84,076$118,367$112,56040$118,367$78,269$59,927
2020$920,054$95,210$147,462$142,19138—$31,072$55,622

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 September 2026.

Mission & Focus Areas

The available information does not state the foundation’s mission. Its 2024 grant went to Goathouse Refuge Incorporated, whose mission is to provide refuge and care for cats and place as many as possible in loving homes. That description is the grantee’s, not the foundation’s.

Grantmaking

In 2024, the foundation made one grant totaling $500. The grant went to Goathouse Refuge in Chapel Hill, North Carolina, for “various” purposes. The sole grant was also the smallest, largest, and median grant for that year.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Arnold MC Schechter as President and Arielle C Schechter as Secretary Treasurer.

Schechter Foundation Inc is led by Arnold MC Schechter, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Arnold MC Schechter

    President

    On filings since 2020

    No compensation reported

  • Arielle C Schechter

    Secretary Treasurer

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Pearl F Schechter (2020) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Schechter Foundation Inc

How much does Schechter Foundation Inc give each year?

Schechter Foundation Inc gave $500 across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $93K across 23 grants.

How large is Schechter Foundation Inc?

Schechter Foundation Inc reported $691K in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Schechter Foundation Inc fund?

The available information does not state the foundation’s mission. Its 2024 grant went to Goathouse Refuge Incorporated, whose mission is to provide refuge and care for cats and place as many as possible in loving homes. That description is the grantee’s, not the foundation’s. See mission & focus areas ↑

How do I apply for a grant from Schechter Foundation Inc?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Schechter Foundation Inc make grants?

The 2024 grant dollars were all directed to a recipient in North Carolina.

What is Schechter Foundation Inc's EIN?

Schechter Foundation Inc's EIN (Employer Identification Number) is 56-1318527. IRS Form 990 filing data is available on this page for 2020–2024.

Does Schechter Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Schechter Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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