The Jacob Silverman Charitable Trust

Private foundation · Grantmaker Chicago, IL EIN: 45-2494485

The Jacob Silverman Charitable Trust is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 6 grants totaling $123K. Net investment income was $100K.

Key facts about The Jacob Silverman Charitable Trust

In short: The Jacob Silverman Charitable Trust gave $123K across 6 grants in 2025 (avg $20K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
45-2494485
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$122,500
Grants made (2025)
6
Average grant
$20,417
Median grant
$15,000
Total assets
$1,971,012
Primary geography
New York (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.0M

-2.6% YoY

Annual Giving

$123K

+6.5% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$20K

-11.2% YoY

Under IRS private-foundation payout rules, The Jacob Silverman Charitable Trust reported a distributable amount of $163K for 2025 — the minimum it must pay out in qualifying distributions.

How The Jacob Silverman Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

New YorkRiverdaleStamford

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants2020 6 grants2021 6 grants2022 6 grants2023 5 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $115K (2020) to $123K (2025). In 2025 it made 6 grants totaling $123K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Friends of the Shefa School: $50KFriends of the Shefa School$50KMetropolitan Council on Jewishpoverty: $30KMetropolitan Council onJewishpoverty$30KSalanter Akiba Riverdale Academy: $20KSalanter Akiba RiverdaleAcademy$20KRamaz School: $10KRamaz School$10KYeshivat Chovevei Torah Rabbinical: $10KYeshivat Chovevei TorahRabbinical$10KCongregation B'nai Israel: $3KCongregation B'nai Israel$3K

The largest 2025 recipient was Friends of the Shefa School ($50K). Together the top 6 received $123K.

Grant Size Distribution

29 grants across all recorded years

24<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 29 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Friends of the Shefa School Newyork, NYGeneral$50,000
Metropolitan Council on Jewishpoverty New York, NYGeneral$30,000
Salanter Akiba Riverdale Academy Riverdale, NYGeneral$20,000
Ramaz School New York, NYGeneral$10,000
Yeshivat Chovevei Torah Rabbinical Riverdale, NYGeneral$10,000
Congregation B'nai Israel New York, NYGeneral$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,971,012$2,022,659$2,087,443
Revenue$124,467$103,585$163,174
Expenses$176,072$168,004$159,312
Qualifying Distributions$151,010$138,820$136,254
Net Investment Income$99,637$77,866$138,988
Distributable Amount$163,251$151,588$133,191

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Jacob Silverman Charitable Trust is led by Benjamin Hering, Co-Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Benjamin Hering

    Co-Trustee

    On filings since 2020

    2 hrs/week

    $4K (2020) → $5K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Benjamin Hering — Co-Trustee: $5KBenjamin HeringCo-Trustee$5K

The highest reported compensation on the 2025 filing was $5K, to Benjamin Hering (Co-Trustee).

Frequently asked questions about The Jacob Silverman Charitable Trust

How much does The Jacob Silverman Charitable Trust give each year?

The Jacob Silverman Charitable Trust gave $123K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 5 grants.

What is The Jacob Silverman Charitable Trust's typical grant size?

The Jacob Silverman Charitable Trust's median grant in 2025 was $15,000, and its average grant was $20,417, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Jacob Silverman Charitable Trust give grants?

The Jacob Silverman Charitable Trust gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (4 grants) and Riverdale, NY (2 grants).

Does The Jacob Silverman Charitable Trust give general operating support?

Yes: 100% of The Jacob Silverman Charitable Trust's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Jacob Silverman Charitable Trust's largest grantees?

The Jacob Silverman Charitable Trust's largest 2025 grantees include Friends of the Shefa School ($50,000), Metropolitan Council on Jewishpoverty ($30,000) and Salanter Akiba Riverdale Academy ($20,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.

How large is The Jacob Silverman Charitable Trust?

The Jacob Silverman Charitable Trust reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $151K in qualifying distributions that year, against a required minimum of $163K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Jacob Silverman Charitable Trust's EIN?

The Jacob Silverman Charitable Trust's EIN (Employer Identification Number) is 45-2494485. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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