Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.
| Position | Total |
|---|---|
President & CEO 75th to 90th percentile | $324k $363k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at THE SCHERMAN FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$7M
Itemized grants
146
Median grant
$40k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| PROGRESSIVE MULTIPLIER FUND | WASHINGTON, DC | BUILDING POWER FOR REPRODUCTIVE JUSTICE THROUGH INDEPENDENT REVENUE GENERATION | $250k |
| THE CLIMATE AND CLEAN ENERGY EQUITY FUND | WASHINGTON, DC | GENERAL OPERATING SUPORT | $225k |
| NATIONAL LATINA INSTITUTE FOR REPRODUCTIVE HEALTH | NEW YORK, NY | NATIONAL REPRODUCTIVE JUSTICE VOTER MOBILIZATION COLLABORATION | $200k |
| BVM CAPACITY BUILDING INSTITUTE | ATLANTA, GA | GENERAL OPERATING SUPORT | $150k |
| FUND FOR THE CITY OF NEW YORK | NEW YORK, NY | RIGHT TO COUNSEL NYC COALITION | $150k |
| NEW YORK FOUNDATION | NEW YORK, NY | NEIGHBORHOODS FIRST FUND | $150k |
| STATE VOICES | WASHINGTON, DC | GENERAL OPERATING SUPORT | $150k |
| UNITED WAY OF NYC | NEW YORK CITY, NY | CHANGE CAPITAL FUND | $125k |
| ADVOCATES FOR YOUTH | WASHINGTON, DC | GENERAL OPERATING SUPORT | $100k |
| ALLIANCE FOR JUSTICE | WASHINGTON, DC | GENERAL OPERATING SUPORT | $100k |
| ASSOCIATION FOR NEIGHBORHOOD & HOUSING DEVELOPMENT | NEW YORK, NY | RIGHT TO ROOF | $100k |
| CLIMATE JUSTICE ALLIANCE | BERKELEY, CA | GENERAL OPERATING SUPORT | $100k |
| FLORIDA RISING (DBA NEW FLORIDA MAJORITY EDUCATION FUND INC) | MIAMI, FL | GENERAL OPERATING SUPORT | $100k |
| IFWHENHOW | OAKLAND, CA | GENERAL OPERATING SUPORT | $100k |
| MICHIGAN VOICES | DETROIT, MI | GENERAL OPERATING SUPORT | $100k |
| NEW YORK LAWYERS FOR THE PUBLIC INTEREST | NEW YORK, NY | ENVIRONMENTAL JUSTICE PROGRAM | $100k |
| PENNSYLVANIA VOICE | PHILADELPHIA, PA | GENERAL OPERATING SUPORT | $100k |
| PROGEORGIA STATE TABLE INC | ATLANTA, GA | GENERAL OPERATING SUPORT | $100k |
| PUBLIC POLICY AND EDUCATION FUND | ALBANY, NY | INVEST IN OUR NEW YORK | $100k |
| THE NEW YORK COMMUNITY TRUST | NEW YORK, NY | NYC VOTER TURNOUT FUND | $100k |
| UNITED WAY OF NYC | NEW YORK, NY | CHANGE CAPITAL FUND TO SUPPORT COMMUNITY OWNERSHIP | $100k |
| GOOD OLD LOWER EAST SIDE | NEW YORK, NY | GENERAL OPERATING SUPORT | $90k |
| ASIAN PACIFIC ENVIRONMENTAL NETWORK | OAKLAND, CA | GENERAL OPERATING SUPORT | $80k |
| COMMUNITY FUNDS INC | MELVILLE, NY | LONG ISLAND COMMUNITY FOUNDATION GOOD NEIGHBOR INITIATIVE | $80k |
| EL PUENTE | NEW YORK, NY | GENERAL OPERATING SUPORT | $80k |
This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE SCHERMAN FOUNDATION INC
What does the Chief Executive Officer of THE SCHERMAN FOUNDATION INC earn?
In 2023, the Chief Executive Officer of THE SCHERMAN FOUNDATION INC received $323,541 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE SCHERMAN FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2023 pay of the Chief Executive Officer at THE SCHERMAN FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE SCHERMAN FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE SCHERMAN FOUNDATION INC's revenue and expenses?
In 2023, THE SCHERMAN FOUNDATION INC reported $8.8M in total revenue and $9.6M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.
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