The Joan Schechtman Foundation for the

Private foundation · Grantmaker Palm Beach, FL EIN: 85-2857189

The Joan Schechtman Foundation for the 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.

Key facts about The Joan Schechtman Foundation for the

In short: The Joan Schechtman Foundation for the gave $52K across 4 grants in 2025 (avg $13K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
85-2857189
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$52,200
Grants made (2025)
4
Average grant
$13,050
Median grant
$11,000
Total assets
$6,907,893
Primary geography
Florida (71% 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

$6.9M

+235.6% YoY

Annual Giving

$52K

-19.7% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$13K

-39.8% YoY

Under IRS private-foundation payout rules, The Joan Schechtman Foundation for the reported a distributable amount of $188K for 2025 — the minimum it must pay out in qualifying distributions.

How The Joan Schechtman Foundation for the 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 4 itemized 2025 grant dollars.

Cities

New YorkWest Palm BeachBostonBronxPalm BeachStamfordAmericusGreenacresKansas CityMt VernonNorwalkGarrisonGreenwichPhiladelphiaValley StreamWahingtonWashingtonWood River

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants202017 grants202112 grants202213 grants20233 grants20244 grants2025

From 2021 to 2025, annual grant giving ranged from $14K (2021) to $146K (2023). In 2025 it made 4 grants totaling $52K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Cox Science Center & Aquarium Educ Dev Dept: $25KCox Science Center & AquariumEduc Dev Dept$25KSt Ann Place: $12KSt Ann Place$12KMalta House of Good Counsel: $10KMalta House of Good Counsel$10KThe Frick Collection: $5KThe Frick Collection$5K

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

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 49 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cox Science Center & Aquarium Educ Dev Dept West Palm Beach, FLCorporate Partner in Discovery Program.$25,000
St Ann Place West Palm Beach, FLHomeless Food Services.$12,000
Malta House of Good Counsel Norwalk, CTPregnancy Residential Services.$10,000
The Frick Collection New York, NYEducation Department.$5,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M202020212022202320242025
Metric202520242023
Total Assets$6,907,893$2,058,384$2,036,062
Revenue$4,998,396$194,088$-107,784
Expenses$142,887$177,766$256,611
Qualifying Distributions$92,596$113,000$2,015,264
Net Investment Income$289,710$130,891—
Distributable Amount$187,794$132,886$58,313

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 7, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Joan Schechtman Foundation for the 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

R Ellen Avellino — Treasurer: $72KR Ellen AvellinoTreasurer$72K

The highest reported compensation on the 2025 filing was $72K, to R Ellen Avellino (Treasurer).

Frequently asked questions about The Joan Schechtman Foundation for the

How much does The Joan Schechtman Foundation for the give each year?

The Joan Schechtman Foundation for the 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 for the's typical grant size?

The Joan Schechtman Foundation for the'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 for the give grants?

The Joan Schechtman Foundation for the 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 for the give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on The Joan Schechtman Foundation for the's 2025 IRS Form 990-PF were described as general or operating support.

How large is The Joan Schechtman Foundation for the?

The Joan Schechtman Foundation for the 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).

What is The Joan Schechtman Foundation for the's EIN?

The Joan Schechtman Foundation for the'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.

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