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MORRIS AND ALMA SCHAPIRO FUND

NEW YORK, NY · EIN 136089254 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$9.9M
expenses
$2.1M
net assets
$102.4M
employees
profile · synthesized from sources

Morris and Alma Schapiro Fund is a private foundation based in New York that supports a range of nonprofit organizations through general-purpose grants. The fund distributes financial support to institutions focused on education, healthcare, music, and social services, primarily within New York. In 2024, it made grants to organizations including Brown University, Memorial Sloan Kettering Cancer Center, and Brooklyn Conservatory of Music.

named programs · 1 · from sources

What they call their work

General Grant Program
Provides unrestricted financial support to nonprofit organizations in education, healthcare, music, and social services
activities · 4 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding general operations of arts and music organizations
      Supports arts and music institutions such as Brooklyn Conservatory of Music, Third Street Music School Settlement, Kaufman Music Center, and Carnegie Hall Corporation through unrestricted grants for general purposes.
    • Funding general operations of medical and health-focused organizations
      Provides grants to medical centers and health-related nonprofits, including Memorial Sloan Kettering Cancer Center, Montefiore Medical Center, and the Prostate Cancer Foundation, for general purposes. Support is directed toward overall institutional operations rather than restricted programs.
  • Fundraising and Financial Support for IDD Services 1 activity
    • Funding general operations of children and family service organizations
      Provides general-purpose funding to organizations serving children and families, including New Alternatives for Children, a nonprofit supporting youth with special needs and in foster care.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding general operations of educational institutions
      Funds universities and educational institutions, including Brown University and New York University, for general purposes. These grants support broad institutional needs rather than specific programs.
  • Literacy Program Funding 1 activity
    • Funding general operations of public library systems
      Supports public library systems, including Brooklyn Public Library, through unrestricted grants for general purposes, enhancing access to educational and community resources.
financials · form 990PF · fy2024
revenue
Total revenue$9.94M
Contributions & grants
Program service revenue
Investment income$1.39M14%
Other revenue$6.25M
expenses
Total expenses$2.08M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$7.88M
balance sheet
Total assets$102.38M
Cash
Investments
Liabilities
Net assets$102.38M
3 years on record · 2020–2024 · YoY revenue +65.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 6
  • BARNABY SCHAPIRO — TRUSTEE
  • JACOB COLLINS — TRUSTEE
  • JON SCHAPIRO — TRUSTEE
  • MARION SCHAPIRO — TRUSTEE
  • RUFUS COLLINS — TRUSTEE
  • STEPHEN J PALUSZEK — TRUSTEE
relationships · 12

Who they work with

  • BROOKLYN CONSERVATORY OF MUSIC Partner — Receives general-purpose funding from the fund.
  • BROOKLYN PUBLIC LIBRARY Partner — Receives general-purpose funding from the fund.
  • BROWN UNIVERSITY Partner — Receives general-purpose funding from the fund.
  • CANCER RESEARCH INSTITUTE Partner — Receives general-purpose funding from the fund.
  • CARNEGIE HALL CORPORATION Partner — Receives general-purpose funding from the fund.
  • KAUFMAN MUSIC CENTER Partner — Receives general-purpose funding from the fund.
  • MEMORIAL SLOAN KETTERING CANCER CENTER Partner — Receives general-purpose funding from the fund.
  • MONTEFIEORE MEDICAL CENTER Partner — Receives general-purpose funding from the fund.
  • NEW ALTERNATIVES FOR CHILDREN Partner — Receives general-purpose funding from the fund.
  • NEW YORK UNIVERSITY Partner — Receives general-purpose funding from the fund.
  • PROSTATE CANCER FOUNDATION Partner — Receives general-purpose funding from the fund.
  • THIRD STREET MUSIC SCHOOL SETTLEMENT Partner — Receives general-purpose funding from the fund.