Shotmeyer Fam Foundation Inc

Organization Overview

Shotmeyer Fam Foundation Inc is located in Hawthorne, NJ. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shotmeyer Fam Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Shotmeyer Fam Foundation Inc generated $146.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $47.2k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Shotmeyer Fam Foundation Inc has awarded 11 individual grants totaling $174,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $19,628
Net Rental Income$0
Net Gain on Sale of Assets $126,892
Capital Gain Net Income $127,436
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $146,520

Grants Awarded

Over the last fiscal year, Shotmeyer Fam Foundation Inc has awarded $40,000 in support to 2 organizations.

Grant RecipientAmount

HACKENSACK MERIDIAN HEALTH FOUNDATION

PURPOSE: IN SUPPORT FOR THE CENTER FOR DISCOVERY AND INNOVATION

$20,000

RAMAPO COLLEGE FOUNDATION

Org PageRecipient Profile

Mahwah, NJ

PURPOSE: CAPITAL CAMPAIGN GRANT

$20,000
View Grant Profile

Peer Organizations

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