Kenneth and Claudia Silverman Family Foundation

OVERVIEW: The Kenneth and Claudia Silverman Family Foundation primarily funds grantmaking related to health, education, and youth.

IP TAKE: The foundation does not maintain a website, which restricts transparency about grantmaking strategies and guidelines. This funder spends many of its dollars on health concerns for established organizations.

PROFILE: Established in 1999, the Kenneth and Claudia Silverman Family Foundation was founded by real estate mogul Kenneth Silverman and his wife Claudia. Kenneth founded the Silverman Group, a New Jersey-based commercial real estate and private equity firm. The foundation does not maintain a website, which makes it difficult to locate further information on its priority areas and grantmaking strategies. Tax filings suggest that the Kenneth and Claudia Silverman Family Foundation primarily funds grantmaking related to health, education, and youth.

Grants for Public Health and Diseases

The Kenneth and Claudia Silverman Family Foundation’s tax filings suggest that supporting health causes is a top priority. The Silvermans made a $1.1 million gift to the University of Bristol to fund a phase II clinical trial of bone marrow cellular therapy in MS patients. They also made a $1 million gift to Gagnon Cardiovascular Institute at Morristown Medical Center, in their local New Jersey community.

Grants for Education

Education grantmaking, meanwhile, includes support of schools with which the family has a personal connection rather than education grantmaking that addresses the broader NYC well-being. The couple’s daughter Britany attended Gill St. Bernard’s School, another grantee.

Grantmaking Insights

Grants range from $200 to $50,000. In a recent year, the foundation gave away nearly $360,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses primarily on New York and New Jersey. Past local grantees include Icahn School of Medicine at Mount Sinai, FACES, Albert Einstein College of Medicine, and Lymphoma Research Foundation.

The foundation keeps a low profile but accepts contact via letter, which should include a brief history of organization and description of its mission, as well as a detailed description of project and amount of funding requested. There are no submissions deadlines listed.

PEOPLE:

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CONTACT:

Kenneth Silverman
P.O. Box 825
Short Hills, NJ 07078
(973) 765-0100