The Melvin & Sandra Schifter Foundation
The Melvin & Sandra Schifter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 3 grants totaling $45K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$641K
-3.4% YoY
Annual Giving
$45K
+28.6% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$15K
+71.4% YoY
Under IRS private-foundation payout rules, The Melvin & Sandra Schifter Foundation reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About The Melvin & Sandra Schifter Foundation
Based on IRS filings
The Melvin & Sandra Schifter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 3 grants totaling $45K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $641,069 | $663,778 | $646,633 |
| Revenue | $42,005 | $29,809 | $44,519 |
| Expenses | $59,489 | $47,949 | $48,528 |
| Qualifying Distributions | $45,000 | $35,000 | $36,000 |
| Net Investment Income | $27,787 | $23,977 | $38,639 |
| Distributable Amount | $39,362 | $35,069 | $36,017 |
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
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Naples Botanical Garden ($15,000), Stetson University ($15,000), Women's Foundation of Collier County ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NAPLES BOTANICAL GARDEN NAPLES, FL | CHARITABLE | $15,000 |
| STETSON UNIVERSITY DELAND, FL | CHARITABLE | $15,000 |
| WOMEN'S FOUNDATION OF COLLIER COUNTY NAPLES, FL | CHARITABLE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALISON DOUGLAS | PRESIDENT AND TREASURER | 0.25 | — |
| PRESTON T PHILLIPS | ASSISTANT TREASURER | — | — |
| ELENA PLESHA | ASSISTANT TREASURER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Melvin & Sandra Schifter Foundation?
The Melvin & Sandra Schifter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $641K in total assets as of 2024.
How large is The Melvin & Sandra Schifter Foundation?
As of 2024, The Melvin & Sandra Schifter Foundation holds $641K in total assets with $42K in annual revenue. It awarded 3 grants totaling $45K in 2024.
Where does The Melvin & Sandra Schifter Foundation operate?
The Melvin & Sandra Schifter Foundation has awarded grants in Florida.
What size grants does The Melvin & Sandra Schifter Foundation award?
In 2024, The Melvin & Sandra Schifter Foundation awarded 3 grants totaling $45K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is The Melvin & Sandra Schifter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Melvin & Sandra Schifter Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Melvin & Sandra Schifter Foundation's EIN?
The Melvin & Sandra Schifter Foundation's EIN (Employer Identification Number) is 11-3380482. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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