Craig-Scheckman Family Foundation
- Assets
- $44.1m
- Revenue
- $12.5m
- Investments
- $38.7m
- Employees
- 0
- Location
- Steamboat Springs, CO
- Founding
- 02/2006
- Data as of
- 12/2023
- EIN
- 20-2835678
Organization Overview
Craig-Scheckman Family Foundation is located in Steamboat Springs, CO. The organization was established in 2006. 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. Craig-Scheckman 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 12/2023, Craig-Scheckman Family Foundation generated $12.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 18.5% per year over the past 9 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, Craig-Scheckman Family Foundation has awarded 580 individual grants totaling $12,238,119. 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 |
|---|---|---|---|
Sara Craig-Scheckman President | 35 | $0 | |
Michael Craig-Scheckman Treasurer | 10 | $0 | |
Wendy Mclaughlin Vice President | 1 | $0 | |
Brian Smith Director | 1 | $0 | |
Mark Andersen Director | 40 | $200,000 | |
Bonnie Hernandez Impact | 40 | $148,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,273,379 |
| Interest on Savings | $0 |
| Dividends & Interest | $489,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,702,497 |
| Capital Gain Net Income | $3,702,497 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,075 |
| Total Revenue | $12,473,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,000 |
| Other employee salaries and wages | $297,640 |
| Pension plans, employee benefits | $0 |
| Interest | $26,705 |
| Taxes | $43,181 |
| Depreciation | $238,473 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $369,677 |
| Total operating and administrative expenses | $1,333,978 |
| Contributions, gifts, grants paid | $2,079,320 |
| Total expenses and disbursements | $3,413,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,502 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,000,000 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,743,368 |
| Net Land, buildings, and equipment | $4,097,083 |
| Other assets | $0 |
| Total assets | $44,100,953 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Craig-Scheckman Family Foundation has awarded $2,079,320 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF NORTHWEST COLORADO PURPOSE: UNRESTRICTED | $30,000 |
BETTER TOMORROW PURPOSE: UNRESTRICTED | $36,295 |
BOOKTRAILS PURPOSE: UNRESTRICTED | $25,000 |
COLORADO MOUNTAIN COLLEGE PURPOSE: UNRESTRICTED | $75,000 |
CIRCLE OF CHANGE PURPOSE: UNRESTRICTED | $5,000 |
CO CATTLEMEN'S AGRICULTURAL LAND TRUST PURPOSE: UNRESTRICTED | $15,000 |