Sitver Foundation Inc
Sitver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $70K in total assets. In 2024, it awarded 10 grants totaling $80K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$70K
-37.5% YoY
Annual Giving
$80K
+58.7% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$8K
+27.0% YoY
Under IRS private-foundation payout rules, Sitver Foundation Inc reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Sitver Foundation Inc
Based on IRS filings
Sitver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $70K in total assets. In 2024, it awarded 10 grants totaling $80K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $70,108 | $112,245 | $93,800 |
| Revenue | $9,818 | $69,250 | $7,702 |
| Expenses | $81,173 | $50,805 | $46,548 |
| Qualifying Distributions | $80,000 | $50,400 | $45,400 |
| Net Investment Income | $10,648 | $68,979 | $9,676 |
| Distributable Amount | $81,112 | $60,377 | $60,591 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tcs ($30,000), Friends of the Idf ($10,000), Fcas ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED HATZALAH NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| FRIENDS OF THE IDF NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| STAND WITH US LOS ANGELES, CA | GENERAL SUPPORT | $5,000 |
| MAZON SHERMAN OAKS, CA | GENERAL SUPPORT | $5,000 |
| FCAS FOXBOROUGH, MA | GENERAL SUPPORT | $10,000 |
| ALZHEIMER'S ASSOCIATION CHICAGO, IL | GENERAL SUPPORT | $4,000 |
| PALM BEACH COUNTY SHERIFF'S FOUNDATION WEST PALM BEACH, FL | GENERAL SUPPORT | $1,000 |
| SHATTERPROOF NORWALK, CT | GENERAL SUPPORT | $5,000 |
| NATIONAL MS SOCIETY WASHINGTON, DC | GENERAL SUPPORT | $5,000 |
| TCS WESTPORT, CT | GENERAL SUPPORT | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN SITVER | PRESIDENT | — | — |
| MERYL SITVER | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sitver Foundation Inc?
Sitver Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $70K in total assets as of 2024.
How large is Sitver Foundation Inc?
As of 2024, Sitver Foundation Inc holds $70K in total assets with $10K in annual revenue. It awarded 10 grants totaling $80K in 2024.
Where does Sitver Foundation Inc operate?
Sitver Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Illinois, Massachusetts, New York, Pennsylvania, Texas.
What size grants does Sitver Foundation Inc award?
In 2024, Sitver Foundation Inc awarded 10 grants totaling $80K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Sitver Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sitver Foundation Inc reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sitver Foundation Inc's EIN?
Sitver Foundation Inc's EIN (Employer Identification Number) is 06-1501361. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sitver Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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