The Caroline And Sigmund Schott Fund
- Assets
- $39.7m
- Revenue
- $2.1m
- Investments
- $38.1m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 06/1987
- Data as of
- 06/2022
- EIN
- 11-2856561
Organization Overview
The Caroline And Sigmund Schott Fund is located in Cambridge, MA. The organization was established in 1987. 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. Caroline And Sigmund Schott Fund 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 06/2022, Caroline And Sigmund Schott Fund generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Caroline And Sigmund Schott Fund has awarded 116 individual grants totaling $15,577,947. 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 |
|---|---|---|---|
Greg Jobin-Leeds Chair/president/treasurer | 6 | $0 | |
Maria Jobin-Leeds Vice-Chair/secretary | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 6/29/22 | $146,187 |
A & B Consulting Llc | 6/29/22 | $59,794 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $70 |
| Dividends & Interest | $783,050 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $356,574 |
| Capital Gain Net Income | $356,574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $967,780 |
| Total Revenue | $2,107,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $62,036 |
| Pension plans, employee benefits | $16,217 |
| Interest | $0 |
| Taxes | $30,758 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,158 |
| Printing and publications | $410 |
| Other expenses | $53,705 |
| Total operating and administrative expenses | $592,949 |
| Contributions, gifts, grants paid | $853,895 |
| Total expenses and disbursements | $1,446,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,977 |
| Savings and temporary cash investments | $23,621 |
| Net Accounts receivable | $250,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,929 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $28,768,939 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,082,139 |
| Total assets | $39,690,267 |
| Accounts payable and accrued expenses | $65,601 |
| Grants payable | $1,561,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,626,601 |
Grants Awarded
Over the last fiscal year, The Caroline And Sigmund Schott Fund has awarded $4,503,469 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION ST LOUIS PURPOSE: BUILD CAMPAIGNS THAT LEVERAGES ORGANIZING, COMMUNICATIONS, ADVOCACY AND DIRECT ACTION TO MITIGATE HARM AGAINST OUR COMMUNITY WHILE FIGHTING FOR LONG TERM TRANSFORMATION | $1,000 |
ADATH ISRAEL CONGREGATION PURPOSE: A MODERN ORTHODOX SYNAGOGUE WISHING TO PROVIDE OUR COMMUNITY WITH A WIDE VARIETY OF SERVICES FROM RELIGIOUS GATHERING TO COMMUNITY CELEBRATIONS, FOR ALL PHASES OF LIFE. | $1,215 |
ALLIED MEDIA PROJECTS FBO INTELLIGENT MISCHIEF PURPOSE: TO SUPPORT THE GROWTH OF MEDIA-BASED ORGANIZING MODELS | $500 |
AGITARTE INC PURPOSE: NURTURE SOCIALLY CONSCIOUS ARTISTS | $143,354 |
AMERICAN FRIENDS OF THE PARENTS CIRCLE FAMILIES FORUM PURPOSE: TO SHARE THE HUMAN SIDE OF THE ISRAELI-PALESTINIAN CONFLICT WITH THE AMERICAN PUBLIC IN ORDER TO FOSTER A PEACE AND RECONCILIATION PROCESS. | $2,000 |
ALLIANCE FOR EXCELLENT EDUCATION PURPOSE: TO IMPROVE EDUCATIONAL OUTCOMES OF HIGH SCHOOL STUDENTS AND PREPARE THEM FOR SUCCESS | $10,000 |