Silverman Family Foundation Tr is located in Chicago, IL. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silverman Family Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Silverman Family Foundation Tr generated $104.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $150.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Silverman Family Foundation Tr has awarded 71 individual grants totaling $545,635. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,909 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,358 |
| Capital Gain Net Income | $45,358 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $839 |
| Total Revenue | $104,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,251 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,268 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,519 |
| Contributions, gifts, grants paid | $122,800 |
| Total expenses and disbursements | $150,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,774 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,280,484 |
| Total assets | $1,862,451 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Silverman Family Foundation Tr has awarded $122,800 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
HUNGER TASK FORCE OF MILWAUKEE PURPOSE: PROGRAM SUPPORT | $1,000 |
JEWISH COMMUNITY CENTER OF MILWAUKEE PURPOSE: PROGRAM SUPPORT | $2,500 |
SAGER SOLOMON SCHECHTER SCHOOL PURPOSE: PROGRAM SUPPORT | $2,500 |
JEWISH CHILD & FAMILY SERVICES PURPOSE: PROGRAM SUPPORT | $2,500 |
MILWAUKEE JEWISH FEDERATION PURPOSE: PROGRAM SUPPORT | $2,500 |
TEMPLE BETH EL PURPOSE: PROGRAM SUPPORT | $15,000 |