Frances Schermer Charitable Trust 41-46496008
Accepts applications
Frances Schermer Charitable Trust 41-46496008 is a private foundation in Beverly Hills, California. In tax year 2024 it gave $145,497 in 30 grants; the typical grant was $2,750 and the largest $47,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$145,497
- Number of grants30
- Typical grant$2,750
- Largest grant$47,000
- Assets$3.0 million
- New grantees57%
Giving in 2024 was up from $133,333 the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $133,333 | 34 | $2.9 million |
| 2024 | $145,497 | 30 | $3.0 million |
How to apply
| Contact | City National Bank N A 400 North Roxbury Drive Suite 600, Beverly Hills, CA 90210 |
|---|---|
| Phone or email | (310) 888-6247 |
| What to submit | Written request delivered to the co-trustees City National Bank. |
| Restrictions | No recipient is to receive greater than 10% of the income in one year. |
What Frances Schermer Charitable Trust 41-46496008 funds
Where it gives
Its grants went to recipients in 5 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 21 | $120,497 |
| New York | 5 | $18,000 |
| California | 2 | $5,000 |
| District of Columbia | 1 | $1,000 |
| Massachusetts | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Youngstown Area Jewish Foundation | Ongoing grant for current | $47,000 |
| Akiva Academy | Grant for akiva portico & | $8,333 |
| Zionist Organization of America | Unrestricted gift | $8,000 |
| Mahoning Lodge #339 | Unrestricted gift | $8,000 |
| Pef Israel Endowment Funds Inc | Support of healing retreats | $7,000 |
| American Friends of Sheba Medical Center | Treating idf soldiers | $7,000 |
| Friends of the Israel Defense Forces | Scholarship for fidf impact | $5,000 |
| Youngstown Neighborhood Dvlpmt Corp | Grant for emergency home | $5,000 |
| Northeast Ohio Medical Univ Foundation | Unrestricted gift | $5,000 |
| Warren City Schools | Unrestricted gift | $4,664 |
| United Way of Youngstown & the Mahoning | Unrestricted gift | $4,000 |
| Planned Parenthood of Greater Ohio | Unrestricted gift | $4,000 |
| Northeast Ohio Adoption Services | Grants for current | $3,000 |
| Junior Achievement of Eastern Ohio | Unrestricted gift | $3,000 |
| Midnight Mission | Unrestricted gift | $3,000 |
| Acld | Unrestricted gift | $2,500 |
| Inspiring Minds | Grant for youth enrichment | $2,500 |
| Cincinnati Hillel | Grant for current | $2,500 |
| Anti-Defamation League | Unrestricted gift | $2,000 |
| Classrooms Without Borders | Unrestricted gift | $2,000 |
| Potential Development | Grant for safety buckets | $2,000 |
| Yellow Brick Place | Grant for current | $2,000 |
| Yiddish Book Center | Unrestricted gift | $1,000 |
| Jewish National Fund | Unrestricted gift | $1,000 |
| American Civil Liberties Union | Unrestricted gift | $1,000 |
| Opera Western Reserve | Unrestricted gift | $1,000 |
| Smarts | Unrestricted gift | $1,000 |
| Ohio Jewish Communities Fund | Grant to help fight | $1,000 |
| PBS Western Reserve | Grant for 45/49 pbs for | $1,000 |
| Hillel International | Grant for student safety | $1,000 |
Officers and trustees
- City National Bank
- Bruce Sherman
- James L Pazol
- Richard Marlin
Questions people ask
Does Frances Schermer Charitable Trust 41-46496008 accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Frances Schermer Charitable Trust 41-46496008 give?
$145,497 in tax year 2024, across 30 grants, with a typical grant of $2,750.
Who runs Frances Schermer Charitable Trust 41-46496008?
Its 2024 filing lists City National Bank (Co-Trustee), Bruce Sherman (Co-Trustee), James L Pazol (Consultant) and Richard Marlin (Co-Trustee).
What does Frances Schermer Charitable Trust 41-46496008 fund?
Based on its grants, mainly faith communities, education and health.