William A & Mary A Shreve Foundation Inc
- Assets
- $413.4k
- Revenue
- $10.6k
- Investments
- $389.7k
- Employees
- 0
- Location
- Manasquan, NJ
- Founding
- 02/1943
- Data as of
- 12/2023
- EIN
- 22-6054057
Organization Overview
William A & Mary A Shreve Foundation Inc is located in Manasquan, NJ. The organization was established in 1943. 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. William A & Mary A Shreve 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 12/2023, William A & Mary A Shreve Foundation Inc generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $58.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William A & Mary A Shreve Foundation Inc has awarded 119 individual grants totaling $257,950. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONTRIBUTES TO CERTAIN INDIVIDUALS' HIGHER EDUCATION EXPENSES.
THE ORGANIZATION CONTRIBUTES TO VARIOUS RELIGIOUS ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nanette Hauser Trustee | 0 | $0 | |
Peter T Broege Trustee | 0 | $3,000 | |
Geraldine Harrison Trustee | 0 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $136 |
| Dividends & Interest | $8,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,722 |
| Capital Gain Net Income | $9,184 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $405 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,905 |
| Contributions, gifts, grants paid | $32,500 |
| Total expenses and disbursements | $58,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,606 |
| Savings and temporary cash investments | $22,139 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $413,415 |
| 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, William A & Mary A Shreve Foundation Inc has awarded $32,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ANDREW DOYLE PURPOSE: COLLEGE TUITION | $4,000 |
ERIN PANISCOTTI PURPOSE: COLLEGE TUITION | $4,000 |
JACOB CAPONE PURPOSE: COLLEGE TUITION | $3,000 |
ISABELLA CONFORTI PURPOSE: COLLEGE TUITION | $3,000 |
JOSEPH STEFANONI PURPOSE: COLLEGE TUITION | $5,000 |
LILA SHAVER PURPOSE: COLLEGE TUITION | $2,500 |