Mrs. Lenore Barr Schimmel, wife of Michael Schimmel, president of a philanthropic foundation bearing his name, died yesterday at her home, 145 Central Park West. Her age was 74.

Mrs. Schimmel was a vice president of the foundation and a former president of the Hebrew Home for the Aged in Riverdale, the Bronx.

Surviving, besides her husband, are two sons, Stuart and Herbert; a daughter, Mrs. Joan Fisher; three sisters, Mrs. Mae Gould, Mrs. Evelyn Gaines and Mrs. Edith Barr, and eight grandchildren.

Caroline Fearey Hover, daughter of Mr. and Mrs. John Lawrence Fearey of Chestnut Hill, Philadelphia, was married yesterday to Stuart Barr Schimmel of New York. The bride is executive secretary of the Bibliographical Society of America, of which her husband is president.

Justice Arnold L. Fein of the State Supreme Court performed the ceremony at the bridegroom's home.

The bride, an alumna of the Westover School in Middlebury, Conn., and the University of Pennsylvania, received Master of Science degree in library service from Columbia University. Her father is with Hoppin Watson, a brokerage concern in Philadelphia, and her mother teaches at the Germantown Friends School.

Mr. Schimmel is a son of Michael Schimmel of New York and the late Lenore Barr Schimmel. The bridegroom is an alumnus of Rensselaer Polytechnic Institute and Columbia University and until his retirement was a partner in the firm of Michael Schimmel and Company, C.P.A., founded by his father. He is currently a partner in Consolidated Investing Company.

His father, a philanthropist, recently gave the Schimmel Center for the Performing Arts to Pace University and the Schimmel Auditorium to New York University. The bridegroom's first wife died. Mrs. Schimmel's previous marriage ended in divorce.

Michael Schimmel, an accountant and philanthropist, died last Wednesday at the Kingsbrook Jewish Medical Center in Brooklyn. He was 84 years old and a resident of Manhattan.

Mr. Schimmel retired in the 1950's from the New York accounting firm bearing his name, and his sons, Stuart and Herbert, took it over. At his death, he was a partner with his sons in the Consolidated Investment Company.

He gave the Schimmel Center for the Performing Arts to Pace University and the Schimmel Auditorium to New York University at its Washington Square campus.

A graduate of N.Y.U.'s School of Commerce, he was director emeritus of the university's Alumni Federation and a former director of its Commerce Alumni Association.