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Filing year 2024

SCHERER FOUNDATION INC

Avon, Connecticut·EIN 06-6080258·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$5k
Total assets
$152k
Total expenses
$6k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. SCHERER FOUNDATION INC reported 1 unpaid officer or board member on its 990-PF.

President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$4k

Itemized grants

2

Median grant

$2k

RecipientLocationPurposeAmount
GOODSPEED MUSICALSEAST HADDAM, CTANNUAL DRIVE$2k
JEWISH FEDERATIONWEST HARTFORD, CTANNUAL DRIVE$2k
Financial trend

Revenue and expenses over time

SCHERER FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$17k
$11k
2023
$5k
$6k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Connecticut

SCHERER FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Connecticut earns a median of $31,500.

25th percentile
$8k
Median
$31,500
75th percentile
$95k
90th percentile
$218k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 377 organizations across 377 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Connecticut
FAQ

Common questions about SCHERER FOUNDATION INC

What are SCHERER FOUNDATION INC's revenue and expenses?

In 2024, SCHERER FOUNDATION INC reported $5k in total revenue and $6k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.