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
Under IRS private-foundation payout rules, Scherr Family Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
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
Ready to take the next step with Scherr Family Foundation?
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
Among its reported 2024 grants, the largest include Dana Farber Cancer Institute ($15,000), Jcc Greater Boston ($12,800), Ceres ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CERES BOSTON, MA | GENERAL SUPPORT | $2,500 |
| COMBINED JEWISH PHILANTHROPIES BOSTON, MA | GENERAL SUPPORT | $2,000 |
| DANA FARBER CANCER INSTITUTE BOSTON, MA | GENERAL SUPPORT | $15,000 |
| JCC GREATER BOSTON NEWTON, MA | GENERAL SUPPORT | $12,800 |
| THE SCHWARTZ CENTER BOSTON, MA | GENERAL SUPPORT | $1,000 |
| 2 LIFE COMMUNITIES BRIGHTON, MA | GENERAL SUPPORT | $1,000 |
| WATERVILLE ADAPTIVE SPORTS WATERVILLE VALLEY, NH | GENERAL SUPPORT | $720 |
| BOB PARSON FOUNDATION SCOTTSDALE, AZ | GENERAL SUPPORT | $1,500 |
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
Frequently Asked Questions
What is Scherr Family Foundation?
Scherr Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. It holds $441K in total assets as of 2024.
How large is Scherr Family Foundation?
As of 2024, Scherr Family Foundation holds $441K in total assets with $78K in annual revenue. It awarded 8 grants totaling $37K in 2024.
Where does Scherr Family Foundation operate?
Scherr Family Foundation has awarded grants in Arizona, Massachusetts, New Hampshire, New York.
What size grants does Scherr Family Foundation award?
In 2024, Scherr Family Foundation awarded 8 grants totaling $37K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Scherr Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Scherr Family Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Scherr Family Foundation's EIN?
Scherr Family Foundation's EIN (Employer Identification Number) is 04-6906119. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Scherr Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Conservation Food and Health Foundation
BOSTON, MA
Assets
$14.6M
Grants
49
Total Given
$2.2M
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
The Bulens Family Foundation
WELLESLEY, MA
Assets
$3.0M
Grants
68
Total Given
$956K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Scherr Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Scherr Family Foundation to a real strategy.