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Schechter Fam Foundation EIN 04-3339430

Schechter Fam Foundation FY2020 filing

EIN  04-3339430 Private foundation / grantmaker Weston, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Weston, MA. It reported about $255K in revenue for 2020.
Money in and out
$255K revenue, $290K expenses
Bottom line
—

A private foundation based in Weston, MA. It reported about $255K in revenue for 2020. For fiscal year 2020 it reported $255K in revenue, $290K in expenses, and $203K in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$203K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Total assets
223K
deployed as grants and operations
Grants paid
281K
in FY2020
Grants made
34grants
total in period
Payout rate
126%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 34 grants · $229K · 2024–2024
Institute for Jewish Spirituality INCNY · FY2024$30,000
Jewish Commu of Greater StoweFY2024$25,000
Hebrew CollegeMA · FY2024$21,875
Mspca-AngellFY2024$20,000
TanglewoodFY2024$12,000
Mass AudubonFY2024$10,000
Boston Medical Center CorporationMA · FY2024$10,000
Boston Med CtrFY2024$10,000
Boston Jewish Film INCMA · FY2024$10,000
Massachusetts General HospitalFY2024$10,000
Shakespeare and CompanFY2024$7,500
Combined Jewish PhilanthropyFY2024$6,000
Temple Beth ElohimMA · FY2024$5,521
Massachusetts CollegeFY2024$5,128
Jbs Jew EdinmediaFY2024$5,000
Boston Childrens MuseumFY2024$5,000
American Repertory TheaterFY2024$5,000
WburFY2024$4,000
See all 34 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV8
Average grantPart XV$7K
Median grantPart XV$5K
Largest grantPart XV$30K
Top cause focusNTEEEducation (6%)

Summary of the Filing

Part I · fiscal year 2020 · Form 990-PF
Revenue
$255K
FY2020
Expenses
$290K
FY2020
Total assets
$223K
FY2020
Total liabilities
$20K
FY2020
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$203K
Pt X · Ln 32
Total assetsPt II$223K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSchechter Fam Foundation
EINHdr · item D04-3339430
Principal addressHdr · item CWeston, MA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Schechter Fam Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income$227K · 89%
Contributions & grants$28K · 11%
Investment income89%$227K
Contributions & grants11%$28K
Total revenueLn 12$255K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$281K
Operating & administrative3%$9K
Total functional expensesLn 25$290K

Balance Sheet

Part X · end of year
CashLn 1$51K
Total assetsLn 16$223K
Total liabilitiesLn 26$20K
Total net assetsLn 32$203K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $223K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $255K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $255K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $255K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $203K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $255K · Expenses $290K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $223K
—
Net-asset ratio
Net assets $203K · Total assets $223K
91%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $290K
No individual compensation reported on this filing
Personnel share
not reported

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$326K revenue · ⤓ 990 PDF
FY2023$196K revenue · ⤓ 990 PDF
FY2022$88K revenue · ⤓ 990 PDF
FY2021$234K revenue · ⤓ 990 PDF
FY2020$255K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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