Schon Family Foundation
- Assets
- $25.5m
- Revenue
- $827.0k
- Investments
- $16.7m
- Employees
- 0
- Location
- Aventure, FL
- Founding
- 01/1993
- Data as of
- 12/2022
- EIN
- 11-3133066
Organization Overview
Schon Family Foundation is located in Aventure, FL. The organization was established in 1993. 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. Schon Family 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 12/2022, Schon Family Foundation generated $827.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 10.7% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Schon President | 0.2 | $0 | |
Anna Schon Vice Preside | 0.2 | $0 | |
Heidi Gelley Secretary | 0 | $0 | |
Baron Schon Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $470,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $321,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,719 |
| Capital Gain Net Income | $54,719 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$18,938 |
| Total Revenue | $827,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,869 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $161,553 |
| Total operating and administrative expenses | $192,639 |
| Contributions, gifts, grants paid | $1,483,460 |
| Total expenses and disbursements | $1,676,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,645 |
| Savings and temporary cash investments | $4,940,075 |
| Net Accounts receivable | $3,903 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $793,030 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,138,807 |
| Investments—other | $709,722 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,027,814 |
| Total assets | $25,476,675 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,514,774 |
| Total liabilities | $1,514,774 |
Grants Awarded
Over the last fiscal year, Schon Family Foundation has awarded $3,141,825 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED PURPOSE: CHARITABLE | $1,141,825 |
SEE ATTACHED PURPOSE: CHARITABLE | $2,000,000 |