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BENEDICT SILVERMAN FOUNDATION

NEW YORK, NY · EIN 261441980 · Form 990PF · FY2024 · NTEE T21 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$2.2M
expenses
$1.5M
net assets
$37.3M
employees
profile · synthesized from sources

The Benedict Silverman Foundation is a private foundation based in New York that provides grants to support literacy programming and food security initiatives. It funds science-of-reading interventions, early childhood education scholarships, and operational support for food pantries through grants to nonprofit organizations across the United States. The foundation does not appear to run direct programs, instead focusing on philanthropic grantmaking.

named programs · 3 · from sources

What they call their work

Early Childhood Education Scholarships
Supports scholarships for early childhood education courses at Brooklyn College Foundation for students maintaining a grade B or better
Food Pantry Support
Funding provided to organizations including Fund for the City of New York, South Asian Council for Social Services, and Elijah's Promise for food pantry operations
Science of Reading Interventions
Grants support evidence-based literacy instruction through organizations like The Reading Institute and Chalkbeat
activities · 3 groups

What they do

  • Community Foundation & United Way Support 1 activity
    • Funding food pantry operations through grants to service providers
      Provides financial support to multiple organizations including Fund for the City of New York, South Asian Council for Social Services, Elijah's Promise Inc, It Takes a Village, and Riverside Church to operate food pantry programs and related services such as food donation and shelter.
  • Local High School Scholarship Programs 1 activity
    • Funding scholarships for early childhood education training
      Awards grant funding to Brooklyn College Foundation to provide scholarships for individuals enrolled in early childhood education courses, with scholarship disbursement contingent upon achieving a grade of B or better.
  • Literacy Program Funding 1 activity
    • Funding science of reading and literacy programming initiatives
      Supports literacy education and reading interventions by funding organizations such as The Reading Institute, Chalkbeat, Georgia Gwinnett College Foundation Inc, Research Foundation of CUNY, Eastern Oregon University (for Reading GO and Reading Ready), and Canisius College to develop and implement literacy-focused programs and pilot sites.
financials · form 990PF · fy2024
revenue
Total revenue$2.19M
Contributions & grants$549K25%
Program service revenue
Investment income$505K23%
Other revenue$91K
expenses
Total expenses$1.54M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$2.62M
balance sheet
Total assets$37.28M
Cash
Investments
Liabilities
Net assets$37.25M
4 years on record · 2020–2024 · YoY revenue +62.5%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • ALLISON JAFFIN — TRUSTEE
  • RHAHIME BELL — TRUSTEE
  • SCOTT HARRISON — TRUSTEE
  • STEPHEN PRESSER — TRUSTEE
relationships · 12

Who they work with

  • BROOKLYN COLLEGE FOUNDATION Partner — Receives funding for scholarships in early childhood education with academic performance conditions.
  • CANISIUS COLLEGE Partner — Receives funding to develop pilot sites for educational programs.
  • CHALKBEAT Partner — Receives funding to support science of reading advocacy and reporting.
  • EASTERN OREGON UNIVERSITY Partner — Receives funding for Reading GO and Reading Ready programs.
  • ELIJAH'S PROMISE INC Partner — Receives funding for food pantry services.
  • FUND FOR THE CITY OF NEW YORK Partner — Receives funding to operate food pantry services.
  • GEORGIA GWINNETT COLLEGE FOUNDATION INC Partner — Receives funding for literacy programming.
  • IT TAKES A VILLAGE Partner — Receives funding to operate food pantry initiatives.
  • RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK Partner — Receives funding for literacy programming initiatives.
  • RIVERSIDE CHURCH Partner — Receives funding for food and shelter donations.
  • SOUTH ASIAN COUNCIL FOR SOCIAL SERVICES Partner — Receives funding to support food pantry programs.
  • THE READING INSTITUTE Partner — Receives funding for science of reading interventions and operational support.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.