The Irwin S Scherzer Foundation Inc
The Irwin S Scherzer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 32 grants totaling $173K. Net investment income was $153K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+2.6% YoY
Annual Giving
$173K
-1.9% YoY
Grant Count
32
+0.0% YoY
Avg Grant Size
$5K
-1.9% YoY
Under IRS private-foundation payout rules, The Irwin S Scherzer Foundation Inc reported a distributable amount of $159K for 2024 — the minimum it must pay out in qualifying distributions.
About The Irwin S Scherzer Foundation Inc
Based on IRS filings
The Irwin S Scherzer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 32 grants totaling $173K. Net investment income was $153K.
Focus Areas
Ready to take the next step with The Irwin S Scherzer Foundation Inc?
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 | $3,455,743 | $3,366,595 | $3,210,603 |
| Revenue | $192,578 | $191,539 | $219,322 |
| Expenses | $273,640 | $273,539 | $258,268 |
| Qualifying Distributions | $234,530 | $231,367 | $213,358 |
| Net Investment Income | $153,468 | $155,367 | $179,412 |
| Distributable Amount | $159,150 | $147,997 | $171,488 |
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
174 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Metropolitan Museum of Art ($25,000), The Public Theater ($15,000), The Metropolitan Opera ($13,431).
| Recipient | Purpose | Amount |
|---|---|---|
| THE METROPOLITAN OPERA NEW YORK, NY | To extend financial assistance to worthy organizations. | $13,431 |
| SOLOMON R GUGGENHEIM FOUNDATION NEW YORK, NY | To extend financial assistance to worthy organizations. | $2,000 |
| THE PUBLIC THEATER NEW YORK, NY | To extend financial assistance to worthy organizations. | $15,000 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | To extend financial assistance to worthy organizations. | $25,000 |
| MEMORIAL SLOAN-KETTERING CANCER CEN NEW YORK, NY | To extend financial assistance to worthy organizations. | $2,000 |
| SECOND STAGE THEATRE NEW YORK, NY | To extend financial assistance to worthy organizations. | $10,000 |
| SIGNATURE THEATER NEW YORK, NY | To extend financial assistance to worthy organizations. | $5,000 |
| MCC THEATER NEW YORK, NY | To extend financial assistance to worthy organizations. | $5,000 |
| NEW YORK BOTANICAL GARDEN NEW YORK, NY | To extend financial assistance to worthy organizations. | $10,000 |
| CENTRAL PARK CONSERVANCY NEW YORK, NY | To extend financial assistance to worthy organizations. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES FLYNN | Treasurer | — | — |
| CHIEN CHO LIU | President | 10 | $50,000 |
| ROD ONGJOCO | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Irwin S Scherzer Foundation Inc?
The Irwin S Scherzer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $3.5M in total assets as of 2024.
How large is The Irwin S Scherzer Foundation Inc?
As of 2024, The Irwin S Scherzer Foundation Inc holds $3.5M in total assets with $193K in annual revenue. It awarded 32 grants totaling $173K in 2024.
Where does The Irwin S Scherzer Foundation Inc operate?
The Irwin S Scherzer Foundation Inc has awarded grants in Alabama, California, District of Columbia, New York, Virginia.
What size grants does The Irwin S Scherzer Foundation Inc award?
In 2024, The Irwin S Scherzer Foundation Inc awarded 32 grants totaling $173K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Irwin S Scherzer Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Irwin S Scherzer Foundation Inc reported a distributable amount of $159K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Irwin S Scherzer Foundation Inc's EIN?
The Irwin S Scherzer Foundation Inc's EIN (Employer Identification Number) is 06-1619844. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Irwin S Scherzer Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Irwin S Scherzer 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 The Irwin S Scherzer Foundation Inc to a real strategy.