Scherman Foundation is an independent non-profit foundation based in New York, NY. Established in 1941, the foundation primarily focuses on environment, reproductive rights and services, human rights and liberties, the arts and social welfare. The assets of the foundation are managed and administered by the board of directors.Scherman Foundation's investment portfolio is valued at over $128.22 million, with investments in domestic and international equity, fixed income, alternatives, private equity, and cash.