The Michael and Janet Scharf Charitable Foundation Inc

Private foundation · Grantmaker Jacksonville, FL EIN: 45-4927704

The Michael and Janet Scharf Charitable Foundation Inc is a private foundation, based in Jacksonville, FL. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $955 in total assets. In 2023, it awarded 6 grants totaling $3K. Net investment income was $53.

Key facts about The Michael and Janet Scharf Charitable Foundation Inc

In short: The Michael and Janet Scharf Charitable Foundation Inc gave $3K across 6 grants in 2023 (avg $533.333), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
45-4927704
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$3,200
Grants made (2023)
6
Average grant
$533
Median grant
$500
Total assets
$955
Primary geography
Florida (94% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated October 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$955

-78.3% YoY

Annual Giving

$3K

-19.0% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$533.333

+21.5% YoY

Under IRS private-foundation payout rules, The Michael and Janet Scharf Charitable Foundation Inc reported a distributable amount of $71 for 2023 — the minimum it must pay out in qualifying distributions.

How The Michael and Janet Scharf Charitable Foundation Inc gives

  • Giving fell 79% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). 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

10states

Share of 2023 grant dollars across all 6 itemized grants.

Cities

JacksonvilleTampaAtlantaBoca RatonCoral GablesPonte VedraWashingtonBirminghamCold SpringsGainesvilleGreen Cove SpringsLynnwoodNew YorkPensacolaSilver SpringsSimi ValleyTriangle

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K10 grants2019 25 grants2020 11 grants2021 9 grants2022 6 grants2023

From 2019 to 2023, annual grant giving ranged from $3K (2023) to $16K (2020). In 2023 it made 6 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2023

Jacksonville Humane Society: $1KJacksonville Humane Society$1KJacksonville Jewish Center: $750Jacksonville Jewish Center$750Salvation Army: $500Salvation Army$500Wounded Warrior Project: $500Wounded Warrior Project$500First Coast No More Homeless Pets: $250First Coast No More HomelessPets$250American Cancer Society: $200American Cancer Society$200

The largest 2023 recipient was Jacksonville Humane Society ($1K). Together the top 6 received $3K.

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 61 grants of 61 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jacksonville Humane Society Jacksonville, FLDonation to Support Nonprofit Services$1,000
Jacksonville Jewish Center Jacksonville, FLDonation to Support Nonprofit Services$750
Salvation Army Jacksonville, FLDonation to Support Nonprofit Services$500
Wounded Warrior Project Jacksonville, FLDonation to Support Nonprofit Services$500
First Coast No More Homeless Pets Jacksonville, FLDonation to Support Nonprofit Services$250
American Cancer Society Atlanta, GADonation to Support Nonprofit Services$200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2019 2020 2021 2022 2023
Metric202320222021
Total Assets$955$4,398$7,180
Revenue$69$1,376$4,307
Expenses$3,350$4,158$9,188
Qualifying Distributions$3,200$3,950$9,038
Net Investment Income$53$1,168$4,157
Distributable Amount$71$241$516

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS September 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 28, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 24, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  6. IRS filings on file for fiscal years 2019–2023

Leadership & Key People

Officers and directors from IRS filings

The Michael and Janet Scharf Charitable Foundation Inc is led by Michael Scharf, President on every filing since 2019; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Michael Scharf

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Glenn Scharf

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Janet Scharf

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Michael and Janet Scharf Charitable Foundation Inc

How much does The Michael and Janet Scharf Charitable Foundation Inc give each year?

The Michael and Janet Scharf Charitable Foundation Inc gave $3K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $4K across 9 grants.

What is The Michael and Janet Scharf Charitable Foundation Inc's typical grant size?

The Michael and Janet Scharf Charitable Foundation Inc's median grant in 2023 was $500, and its average grant was $533, across 6 grants on its 2023 IRS Form 990-PF.

Where does The Michael and Janet Scharf Charitable Foundation Inc give grants?

The Michael and Janet Scharf Charitable Foundation Inc gives mostly in Florida: 94% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Georgia (6%). The most frequent recipient cities were Jacksonville, FL (5 grants).

Does The Michael and Janet Scharf Charitable Foundation Inc give general operating support?

Not in 2023: none of the 6 grants with a stated purpose on The Michael and Janet Scharf Charitable Foundation Inc's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation to Support Nonprofit Services" (6 grants).

Who are The Michael and Janet Scharf Charitable Foundation Inc's largest grantees?

The Michael and Janet Scharf Charitable Foundation Inc's largest 2023 grantees include Jacksonville Humane Society ($1,000), Jacksonville Jewish Center ($750) and Salvation Army ($500), according to its 2023 IRS Form 990-PF. Together they received 70% of its itemized 2023 grant dollars.

How large is The Michael and Janet Scharf Charitable Foundation Inc?

The Michael and Janet Scharf Charitable Foundation Inc reported $955 in total assets on its 2023 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $71 (roughly 5% of its investment assets).

What is The Michael and Janet Scharf Charitable Foundation Inc's EIN?

The Michael and Janet Scharf Charitable Foundation Inc's EIN (Employer Identification Number) is 45-4927704. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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