Lewis G Schaeneman Jr Foundation
- Assets
- $0.0
- Revenue
- $233.7k
- Investments
- $5.9m
- Employees
- 0
- Location
- Hamden, CT
- Founding
- 09/1995
- Data as of
- 12/2020
- EIN
- 06-1390923
Organization Overview
Lewis G Schaeneman Jr Foundation is located in Hamden, CT. The organization was established in 1995. 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. Lewis G Schaeneman Jr Foundation 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 12/2020, Lewis G Schaeneman Jr Foundation generated $233.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.8%) each year. All expenses for the organization totaled $474.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lewis G Schaeneman Jr Foundation has awarded 74 individual grants totaling $605,014. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis G Schaeneman III Director/president | 15 | $52,000 | |
Laura Burrows Director | 15 | $41,000 | |
William S Colwell Director/secretary | 5 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $212,744 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,728 |
| Total Revenue | $233,713 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $105,000 |
| Pension plans, employee benefits | $19,274 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $196 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $177,393 |
| Contributions, gifts, grants paid | $297,007 |
| Total expenses and disbursements | $474,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,314 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,335,154 |
| Other assets | $9,314 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lewis G Schaeneman Jr Foundation has awarded $308,007 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
New Haven, CT PURPOSE: TO FURTHER THE EXEMPT WORKS OF THE RECIPIENT | $31,000 |
Lovingston, VA PURPOSE: TO FURTHER THE EXEMPT WORKS OF THE RECIPIENT | $25,000 |
New Haven, CT PURPOSE: TO FURTHER THE EXEMPT WORKS OF THE RECIPIENT | $23,367 |
New Haven, CT PURPOSE: TO FURTHER THE EXEMPT WORKS OF THE RECIPIENT | $19,610 |
New Haven, CT PURPOSE: TO FURTHER THE EXEMPT WORKS OF THE RECIPIENT | $17,523 |
NEW HAVEN READS PURPOSE: TO FURTHER THE EXEMPT WORKS OF THE RECIPIENT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |