Scherr Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $441K in total assets. In 2024, it awarded 8 grants totaling $37K. Net investment income was $75K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$441K
+8.0% YoY
Annual Giving
$37K
+292.7% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$5K
+96.3% YoY
About Scherr Family Foundation
Based on IRS filings
Scherr Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $441K in total assets. In 2024, it awarded 8 grants totaling $37K. Net investment income was $75K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $440,616 | $408,165 | $403,507 |
| Revenue | $78,496 | $18,014 | $53,494 |
| Expenses | $41,916 | $15,472 | $32,431 |
| Qualifying Distributions | $36,520 | $9,300 | $26,397 |
| Net Investment Income | $75,360 | $15,878 | $50,737 |
| Distributable Amount | $40,515 | $35,359 | $33,784 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD A SCHERR | TRUSTEE | 1 | — |
| ELINDA S SCHERR | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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