Silver Foundation Inc

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.

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

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

14states
+6 more states

Cities

AnchorageAtlantaBaltimoreBeverly HillsBoca RatonBridgevilleBrooklynCincinnatiDavidsonvilleFredericksburgGlen AllenHenricoLocust GroveNew YorkNorth MiamiPhiladelphiaRichmondRoca RatonRockvilleSalt Lake City

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$653K$1M$2M$3M2021202220232024
Metric202420232022
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

$0$172K$344K$517K$689K15 grants202128 grants202233 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FRIENDS OF UNITED HATZALAH$100KJEWISH FEDERATION OF SOU…$100KJEWISH ADOPTION & FOSTER…$50KLOISANN'S HOPE HOUSE$50KCHABAD OF FREDERICKSBURG$37KCHAI LIFELINE$36KUT CHABAD HOUSE$36KSAM ELIMU CHARITY$20KBOCA RATON SYNAGOGUE$15KFREDERICKSBURG BRANCH NA…$15K

Grant Size Distribution

102 grants across all recorded years

86<$50K10$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

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

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

Related Funders

Similar funders by location and focus area

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

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