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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+1.2% YoY
Annual Giving
$554K
-19.6% YoY
Grant Count
26
-21.2% YoY
Avg Grant Size
$21K
+2.1% YoY
Under IRS private-foundation payout rules, Silver Foundation Inc reported a distributable amount of $74K for 2024 — the minimum it must pay out in qualifying distributions.
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
Ready to take the next step with Silver Foundation Inc?
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,265,718 | $8,167,757 | $8,118,861 |
| Revenue | $930,871 | $955,003 | $846,640 |
| Expenses | $782,810 | $906,207 | $740,605 |
| Qualifying Distributions | $553,713 | $688,667 | $499,349 |
| Net Investment Income | — | $3 | — |
| Distributable Amount | $74,123 | $71,222 | $66,124 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friends of United Hatzalah ($100,000), Jewish Federation of South Palm Beach County ($100,000), Jewish Adoption & Foster Care Options ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CANDLES HOLOCAUST MUSEUM TERRE HAUTE, IN | FOR GENERAL CHARITABLE PURPOSES | $2,500 |
| CHABAD STUDENT ASSOCIATION BROOKLYN, NY | FOR GENERAL CHARITABLE PURPOSES | $13,600 |
| CHAI LIFELINE NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES | $36,000 |
| FAMILY LIFE CENTER HENRICO, VA | FOR GENERAL CHARITABLE PURPOSES | $5,000 |
| FLORIDA BREAST CANCER FOUNDATION NORTH MIAMI, FL | FOR GENERAL CHARITABLE PURPOSES | $1,000 |
| FREDERICKSBURG CHRISTIAN SCHOOL FREDERICKSBURG, VA | FOR GENERAL CHARITABLE PURPOSES | $12,063 |
| FRIENDS OF UNITED HATZALAH NEW YORK, NY | FOR GENERAL CHARITABLE PURPOSES. | $100,000 |
| HELPING ISRAEL FUND INC BOCA RATON, FL | FOR GENERAL CHARITABLE PURPOSES | $7,500 |
| JEWISH ADOPTION & FOSTER CARE OPTIONS SUNRISE, FL | FOR GENERAL CHARITABLE PURPOSES | $50,000 |
| JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY BOCA RATON, FL | FOR GENERAL CHARITABLE PURPOSES | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY D SILVER | PRESIDENT | — | — |
| SPENCER SILVER | DIRECTOR | — | — |
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 EducationContact 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 2024, Silver Foundation Inc awarded 26 grants totaling $554K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Silver Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Silver Foundation Inc reported a distributable amount of $74K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Silver Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Silver Foundation Inc 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 Silver Foundation Inc to a real strategy.