Silver Foundation Inc

Foundation · Grantmaker BOCA RATON, FL EIN: 54-1556341

Silver Foundation Inc is a private foundation based in Boca Raton, Florida. Established in 1990 in Virginia and granted tax-exempt status in 2002, the foundation operates as a 501(c)(3) organization classified under human services and ethnic/immigrant services.

Key facts about Silver Foundation Inc

EIN
54-1556341
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,051,600
Grants made (2025)
47
Average grant
$22,374
Median grant
$7,854
Primary geography
Virginia (42% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Silver Foundation Inc funds

By grant dollars, the top recipient states for Silver Foundation Inc's 47 itemized 2025 grants were Virginia (42%), Florida (38%) and New York (14%). The most frequent recipient cities were Fredericksburg, VA (19 grants), Boca Raton, FL (5 grants), New York, NY (2 grants) and Stafford, VA (2 grants). 100% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.1M

+89.9% YoY

Grant Count

47

+80.8% YoY

Avg Grant Size

$22K

+5.1% YoY

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

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, based on grantmaking patterns, Silver Foundation focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Jewish and community services
  • Civic and social causes

Grantmaking

The foundation operates a "For General Charitable Purposes" grant program.

Grant Range

$100 to $154,723

Average Grant

amount: $21,258

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Geographic Focus

Where this funder awards grants

Silver Foundation funds organizations across multiple states, with primary activity in:

  • Virginia
  • Florida
  • New York

The foundation has made grants to organizations in at least 13 states.

Grant Distribution by State

15states

Share of all 47 itemized 2025 grant dollars.

Cities

FredericksburgBoca RatonNew YorkBrooklynWashingtonHenricoStaffordSalt Lake CitySunriseAnchorageGlen AllenRichmondRockvilleTerre HauteBaltimoreNorth MiamiPhiladelphiaTappahannockWest Delray BeachAtlanta

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $8,265,718
  • Total Revenue: $930,871
  • Total Expenses: $782,810
  • Total Liabilities: $375,000
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$263K$526K$789K$1M15 grants202128 grants202233 grants202326 grants202447 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Chabad of Fredericksburg$162KBoca Raton Synagogue$122KFriends of United Hatzalah$100KJewish Federation of Sou…$100KFredericksburg Education…$100KMaxine's Miracles$54KJewish Adoption & Foster…$50KLoisann's Hope House$50KChai Lifeline$36KDelray Jewish Life Center$36K

Grant Size Distribution

149 grants across all recorded years

125<$50K13$50–100K11$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Chabad of Fredericksburg ($162,000), Boca Raton Synagogue ($121,950), Friends of United Hatzalah ($100,000).

RecipientPurposeAmount
CHABAD OF FREDERICKSBURG FREDERICKSBURG, VAFOR GENERAL CHARITABLE PURPOSES$162,000
BOCA RATON SYNAGOGUE BOCA RATON, FLFOR GENERAL CHARITABLE PURPOSES$121,950
FRIENDS OF UNITED HATZALAH NEW YORK, NYFOR GENERAL CHARITABLE PURPOSES.$100,000
JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY BOCA RATON, FLFOR GENERAL CHARITABLE PURPOSES$100,000
FREDERICKSBURG EDUCATION FOUNDATION FREDERICKSBURG, VAFOR GENERAL CHARITABLE PURPOSES$100,000
MAXINE'S MIRACLES BOCA RATON, FLFOR GENERAL CHARITABLE PURPOSES$54,075
JEWISH ADOPTION & FOSTER CARE OPTIONS SUNRISE, FLFOR GENERAL CHARITABLE PURPOSES$50,000
LOISANN'S HOPE HOUSE FREDERICKSBURG, VAFOR GENERAL CHARITABLE PURPOSES$50,000
CHAI LIFELINE NEW YORK, NYFOR GENERAL CHARITABLE PURPOSES$36,000
DELRAY JEWISH LIFE CENTER DELRAY BEACH, FLFOR GENERAL CHARITABLE PURPOSES$36,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
LARRY D SILVERPRESIDENT——
SPENCER SILVERDIRECTOR——

Recent News & Activity

Recent developments and announcements

Silver Foundation donated $1 million to expand Career & Technical Education (CTE) in Fredericksburg City Public Schools, demonstrating significant commitment to education initiatives in Virginia.

Silver Foundation donates $1 million to expand Career & Technical Education

Contact Information

Address: 1001 E Telecom Dr, Boca Raton, FL 33431-4422

Telephone: 561-981-5252

EIN: 54-1556341

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Silver Foundation Inc fund?

The foundation has not publicly provided a formal mission statement. However, based on grantmaking patterns, Silver Foundation focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Jewish and community services • Civic and social causes

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

**Grant Activity:** • Total giving in 2024: $553,713 • Average grant amount: $21,258 • Grant range: $100 to $154,723 • Total recipients (historical): 97 organizations across multiple years **Recent Grant Recipients (2024):** • Jewish Federation of South Palm Beach County: $100,000 • Friends of United Hatzalah: $100,000 • Chai Lifeline: $36,000 • Jewish Adoption and Foster Care Options (JAFCO): $50,000 • Fredericksburg Branch NAACP: $15,000 • Stafford Economic Development Authority: $10,000 • He…

Where does Silver Foundation Inc make grants?

Silver Foundation funds organizations across multiple states, with primary activity in: • Virginia • Florida • New York The foundation has made grants to organizations in at least 13 states.

What size grants does Silver Foundation Inc award?

In 2025, Silver Foundation Inc awarded 47 grants totaling $1.1M — an average of about $22K per grant, based on its IRS Form 990 filings.

What is Silver Foundation Inc's EIN?

Silver Foundation Inc's EIN (Employer Identification Number) is 54-1556341. IRS Form 990 filing data is available on this page for 2021–2025.

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

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