Schmetterling Foundation
- Assets
- $28.4m
- Revenue
- $1.6m
- Investments
- $27.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 27-4267762
Organization Overview
Schmetterling Foundation is located in Wilmington, DE. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Schmetterling 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, Schmetterling Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 13.8% per year over the past 8 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, Schmetterling Foundation has awarded 107 individual grants totaling $4,196,000. 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.
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 |
|---|---|---|---|
Colleen Clark Co- Pres, Dir | 8 | $0 | |
James A Clark Dir, Sec, Co- Pres | 1 | $0 | |
Nicholaus Clark VP | 2 | $0 | |
Nissa Clark VP | 1 | $0 | |
Katrina Swartz VP | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/22 | $72,168 |
Mchugh Group | 12/30/22 | $248,680 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,250,000 |
| Interest on Savings | $2,031 |
| Dividends & Interest | $536,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$198,171 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $660 |
| Total Revenue | $1,591,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,457 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $74,852 |
| Total operating and administrative expenses | $347,989 |
| Contributions, gifts, grants paid | $1,320,000 |
| Total expenses and disbursements | $1,667,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $616,857 |
| 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 | $28,447,998 |
| 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, Schmetterling Foundation has awarded $1,320,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN ZOO PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
BEECH GROVE SR HIGH SCHOOL PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BOY SCOUTS OF AMERICA PURPOSE: SCOUT CAMP FUND | $5,000 |
BEN DAVIS HIGH SCHOOL PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
CALUMET COLLEGE PURPOSE: CAPITAL FUND AND SCHOLARSHIP FUND | $400,000 |
CHICAGO ZOOLOGICAL SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $25,000 |