The Joan Schechtman Foundation for the
The Joan Schechtman Foundation for the is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 3 grants totaling $65K. Net investment income was $131K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+1.1% YoY
Annual Giving
$65K
-55.4% YoY
Grant Count
3
-76.9% YoY
Avg Grant Size
$22K
+93.2% YoY
Under IRS private-foundation payout rules, The Joan Schechtman Foundation for the reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
About The Joan Schechtman Foundation for the
Based on IRS filings
The Joan Schechtman Foundation for the is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 3 grants totaling $65K. Net investment income was $131K.
Focus Areas
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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 | $2,058,384 | $2,036,062 | $2,394,457 |
| Revenue | $194,088 | $-107,784 | $-200,424 |
| Expenses | $177,766 | $256,611 | $180,768 |
| Qualifying Distributions | $113,000 | $2,015,264 | $2,328,550 |
| Net Investment Income | $130,891 | — | — |
| Distributable Amount | $132,886 | $58,313 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Society of the Four Arts ($30,000), Cox Science Center & Aquarium Educ Dev Dept ($25,000), Boston University Medical School ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON UNIVERSITY MEDICAL SCHOOL BOSTON, MA | UNRESTRICTED. | $10,000 |
| COX SCIENCE CENTER & AQUARIUM EDUC DEV DEPT WEST PALM BEACH, FL | CORPORATE PARTNER IN DISCOVERY PROGRAM. | $25,000 |
| THE SOCIETY OF THE FOUR ARTS PALM BEACH, FL | UNRESTRICTED. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN T AVELLINO | PRESIDENT | — | — |
| R ELLEN AVELLINO | TREASURER | 26 | $72,000 |
| GABRIELLA JULIET AVELLINO MD | ASSISTANT TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Joan Schechtman Foundation for the?
The Joan Schechtman Foundation for the is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $2.1M in total assets as of 2024.
How large is The Joan Schechtman Foundation for the?
As of 2024, The Joan Schechtman Foundation for the holds $2.1M in total assets with $194K in annual revenue. It awarded 3 grants totaling $65K in 2024.
Where does The Joan Schechtman Foundation for the operate?
The Joan Schechtman Foundation for the has awarded grants in Connecticut, District of Columbia, Florida, Georgia, Kansas, Massachusetts, Nebraska, New York, Pennsylvania.
What size grants does The Joan Schechtman Foundation for the award?
In 2024, The Joan Schechtman Foundation for the awarded 3 grants totaling $65K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is The Joan Schechtman Foundation for the required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Joan Schechtman Foundation for the reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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