John H Schnatter Family Foundation Inc
- Assets
- $6.8m
- Revenue
- $282.9k
- Investments
- $6.4m
- Employees
- 0
- Location
- Anchorage, KY
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 31-1532974
Organization Overview
John H Schnatter Family Foundation Inc is located in Anchorage, KY. The organization was established in 1997. 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. John H Schnatter Family 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 12/2022, John H Schnatter Family Foundation Inc generated $282.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $472.1k during the year ending 12/2022. While expenses have increased by 1.9% 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.
Since 2020, John H Schnatter Family Foundation Inc has awarded 44 individual grants totaling $2,003,163. 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 |
|---|---|---|---|
John H Schnatter President/treasurer | 1 | $0 | |
Timothy C O'hern Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $217 |
| Dividends & Interest | $252,659 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,913 |
| Capital Gain Net Income | $29,913 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $115 |
| Other Income | $0 |
| Total Revenue | $282,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,055 |
| Contributions, gifts, grants paid | $453,000 |
| Total expenses and disbursements | $472,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,780 |
| Savings and temporary cash investments | $460,082 |
| 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 | $6,847,932 |
| 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, John H Schnatter Family Foundation Inc has awarded $453,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: SPONSOR RESEARCH PROGRAMS | $2,500 |
LEUKEMIA AND LYMPHOMA SOCIETY PURPOSE: SPONSOR RESEARCH PROGRAMS | $1,000 |
AMERICAN RED CROSS PURPOSE: WESTERN KY TORNADO RELIEF | $100,000 |
THE CARPENTERS HOPE PURPOSE: SUPPORT DISASTER REBUILDING FOR LOW INCOME RECIPIENTS | $5,000 |
BARNSTABLE BROWN FOUNDATION PURPOSE: SPONSOR JUVENILE DIABETES RESEARCH | $24,000 |
NAT'L BAPTIST CONVENTION PURPOSE: ANNUAL PLEDGE INSTALLMENT TO FUND CHURCH ACTIVITIES | $85,000 |