The Melvin & Sandra Schifter Foundation

Foundation · Grantmaker Naples, FL EIN: 11-3380482

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.

Key facts about The Melvin & Sandra Schifter Foundation

EIN: 11-3380482
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $45,000
Grants made (2024): 3
Average grant: $15,000
Median grant: $15,000
Total assets: $641,069
Primary geography: Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Melvin & Sandra Schifter Foundation funds

By grant dollars, the top recipient states for The Melvin & Sandra Schifter Foundation's 3 itemized 2024 grants were Florida (100%). The most frequent recipient cities were Naples, FL (2 grants). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (3 grants).

How The Melvin & Sandra Schifter Foundation gives

Giving grew 543% from 2021 to 2024. Method
In 2024 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Melvin & Sandra Schifter Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$641K

-3.4% YoY

Annual Giving

$45K

+28.6% YoY

Grant Count

-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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $45K (100%)

Share of all 3 itemized 2024 grant dollars.

States

Florida

Cities

NaplesDelandFort Myers

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients 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

No officer or director reported compensation in the available filings.

From 2024 IRS 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

Philanthropy, Voluntarism & Grantmaking

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.