FRANCES SCHERMER CHARITABLE TRUST 41-46496008
$2.9M
Total Assets (2024)
$129K
Avg Yearly Giving (2023–2024)
$259K
Giving on File
(2 yrs)
(2 yrs)
71
Grants on File
$4K
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
City National Bank N A
Phone
3108886247
Deadlines
None
How to Apply
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.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2021 | N/A | $3.1M | $399K | N/A |
| 2023 | $125K | $2.7M | $82K | 37 |
| 2024 | $133K | $2.9M | $169K | 34 |
Grant Size Distribution
Based on 71 grants on record
Minimum
$500
25th Pctl
$2K
Median
$2K
Average
$4K
75th Pctl
$5K
Maximum
$23K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| City National Bank | Co-Trustee | $13K |
| Bruce Sherman | Co-Trustee | $5K |
| RICHARD MARLIN | Co-Trustee | $5K |
| JAMES L PAZOL | Consultant | $3K |
Grants Awarded (71 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| YOUNGSTOWN AREA JEWISH FEDERATION | YOUNGSTOWN, OH | $23,000 | UNRESTRICTED GIFT | 2024 |
| Akiva Academy | Youngstown, OH | $8,334 | CONTRIBUTION | 2023 |
| Akiva Academy | Youngstown, OH | $8,333 | CONTRIBUTION | 2024 |
| YOUNGSTOWN AREA JEWISH FEDERATION | YOUNGSTOWN, OH | $8,000 | UNRESTRICTED GIFT | 2023 |
| Zionist Organization of America | Hubbard, OH | $8,000 | ONGOING GRANT FOR CURRENT | 2024 |
| MAHONING LODGE #339 | YOUNGSTOWN, OH | $8,000 | UNRESTRICTED GIFT | 2024 |
| YOUNGSTOWN AREA JEWISH FOUNDATION | YOUNGSTOWN, OH | $8,000 | ONGOING GRANT FOR CURRENT | 2024 |
| MAHONING LODGE #339 | YOUNGSTOWN, OH | $8,000 | UNRESTRICTED GIFT | 2023 |
| YOUNGSTOWN AREA JEWISH FOUNDATION | YOUNGSTOWN, OH | $8,000 | ONGOING GRANT FOR CURRENT | 2023 |
| Zionist Organization of America | Hubbard, OH | $8,000 | ONGOING GRANT FOR CURRENT | 2023 |
| OH WOW ROGER & GLORIA JONES CHDRNS CTR | YOUNGSTOWN, OH | $6,000 | GRANT FOR OPERATING | 2023 |
| NEOMED FOUNDATION (NEOUCOM) | ROOTSTOWN, OH | $5,000 | UNRESTRICTED GIFT | 2023 |
| YOUNGSTOWN NEIGHBORHOOD DVLPMT CORP | YOUNGSTOWN, OH | $5,000 | GRANT FOR EMERGENCY HOME | 2023 |
| YOUNGSTOWN NEIGHBORHOOD DVLPMT CORP | YOUNGSTOWN, OH | $5,000 | GRANT FOR EMERGENCY HOME | 2024 |
| FRIENDS OF ISRAEL DENFENSE FORCES | LYNDHURST, OH | $5,000 | UNRESTRICTED GIFT | 2024 |
| OH WOW ROGER & GLORIA JONES CHDRNS CTR | YOUNGSTOWN, OH | $5,000 | GRANT FOR OPERATING | 2024 |
| AKRON CHILDREN'S HSPTL MAHONING VLY | YOUNGSTOWN, OH | $5,000 | PROVIDE MECIAL CARE TO | 2023 |
| JEWISH FEDERATIONS OF NORTH AMERICA | NEW YORK, NY | $5,000 | CONTRIBUTION | 2024 |
| GOLDEN STRING INC | YOUNGSTOWN, OH | $5,000 | CONTRIBUTION | 2024 |
| WARREN CITY SCHOOL DISTRICT | WARREN, OH | $5,000 | ENRICHMENT PROJECT | 2024 |
| NEOMED FOUNDATION (NEOUCOM) | ROOTSTOWN, OH | $5,000 | UNRESTRICTED GIFT | 2024 |
| WARREN CITY SCHOOL DISTRICT | WARREN, OH | $4,500 | ENRICHMENT PROJECT | 2023 |
| FRIENDS OF ISRAEL DENFENSE FORCES | LYNDHURST, OH | $4,000 | UNRESTRICTED GIFT | 2023 |
| PLANNED PARENTHOOD OF GREATER OHIO | COLUMBUS, OH | $4,000 | UNRESTRICTED GIFT | 2023 |
| UNITED WAY OF YOUNGSTOWN | YOUNGSTOWN, OH | $4,000 | CONTRIBUTION | 2024 |