The Joan Schechtman Foundation
The Joan Schechtman Foundation is a private foundation, based in Palm Beach, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 4 grants totaling $52K. Net investment income was $290K.
The Joan Schechtman Foundation at a glance
In short: The Joan Schechtman Foundation gave $52K across 4 grants in 2025 (avg $13K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $52,200
- -19.7% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $13,050
- -39.8% vs 2024
- Median grant
- $11,000
- Total assets
- $6,907,893
- +235.6% vs 2024
- Primary geography
- Florida (71% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Joan Schechtman Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Cox Science Center & Aquarium Educ Dev Dept ($25K). Together the top 4 received $52K.
Grant Size Distribution
49 grants across all recorded years
The most common grant size was under $50K: 49 grants of 49 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Joan Schechtman Foundation gives
- Giving fell 36% from 2022 to 2025. Method
- In 2025 it paid out 49% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $14K (2021) to $146K (2023). In 2025 it made 4 grants totaling $52K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cox Science Center & Aquarium Educ Dev Dept West Palm Beach, FL | Corporate Partner in Discovery Program. | $25,000 |
| St Ann Place West Palm Beach, FL | Homeless Food Services. | $12,000 |
| Malta House of Good Counsel Norwalk, CT | Pregnancy Residential Services. | $10,000 |
| The Frick Collection New York, NY | Education Department. | $5,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,907,893 | $4,998,396 | $142,887 | $52,200 | 4 | $92,596 | $289,710 | $187,794 |
| 2024 | $2,058,384 | $194,088 | $177,766 | $65,000 | 3 | $113,000 | $130,891 | $132,886 |
| 2023 | $2,036,062 | $-107,784 | $256,611 | $145,775 | 13 | $2,015,264 | — | $58,313 |
| 2022 | $2,394,457 | $-200,424 | $180,768 | $81,700 | 12 | $2,328,550 | — | — |
| 2021 | $3,606,477 | $1,995,501 | $70,936 | $14,025 | 17 | $2,385,770 | — | $14,762 |
| 2020 | — | $2,278 | $2,278 | — | — | — | — | — |
Under IRS private-foundation payout rules, The Joan Schechtman Foundation reported a distributable amount of $188K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Joan Schechtman Foundation is led by John T. Avellino, President since 2024 (on filings since 2020); 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
John T. Avellino
President
Treasurer → Vice President, Director & Assistant Secretary, 2022
Vice President, Director & Assistant Secretary → President, 2024
On filings since 2020
No compensation reported
R. Ellen Avellino
Treasurer
On filings since 2024
26 hrs/week
$72K (2024) → $72K (2025)
Gabriella Juliet Avellino MD
Assistant Treasurer
Vice President, Director & Assistant Treasurer → Assistant Treasurer, 2024
On filings since 2022
No compensation reported
Former officers (2)
- Former: Joan Schechtman (2020–2023) — President & Director
- Former: Rosalia Ellen Avellino (2020–2023) — Ftd Manager & Assistant Secretary
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
The highest reported compensation on the 2025 filing was $72K, to R Ellen Avellino (Treasurer).
Frequently asked questions about The Joan Schechtman Foundation
How much does The Joan Schechtman Foundation give each year?
The Joan Schechtman Foundation gave $52K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $65K across 3 grants.
What is The Joan Schechtman Foundation's typical grant size?
The Joan Schechtman Foundation's median grant in 2025 was $11,000, and its average grant was $13,050, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Joan Schechtman Foundation give grants?
The Joan Schechtman Foundation gives mostly in Florida: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (19%) and New York (10%). The most frequent recipient cities were West Palm Beach, FL (2 grants).
Does The Joan Schechtman Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on The Joan Schechtman Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is The Joan Schechtman Foundation?
The Joan Schechtman Foundation reported $6.9M in total assets on its 2025 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $188K (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 Joan Schechtman Foundation's EIN?
The Joan Schechtman Foundation's EIN (Employer Identification Number) is 85-2857189. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 7, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
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