The Scherman Foundation, Inc.
16 E. 52nd St., Ste. 601
New York City, NY United States 10022-5306
Telephone: (212) 832-3086
Type of Grantmaker
Incorporated in 1941 in NY - Founded by the late Harry Scherman, who was a co-founder of the Book-of-the-Month Club. Under his leadership, it had grown to more than a million members at the time of his death in 1969. The grantmaker is a signatory to Philanthropy’s Promise, an initiative of the National Committee for Responsive Philanthropy (NCRP). By signing on, the grantmaker has committed to allocating the majority of its grantmaking dollars to marginalized communities and at least 25 percent to social justice strategies, such as advocacy, community organizing, and civic engagement