The@lee And Patti Schear Family Foundation Inc is located in Dayton, OH. The organization was established in 2002. 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. The@lee And Patti Schear 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, The@lee And Patti Schear Family Foundation Inc generated $18.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $231.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, The@lee And Patti Schear Family Foundation Inc has awarded 51 individual grants totaling $2,596,504. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lee Schear President | 0.25 | $0 | |
Patricia Schear Director | 0.25 | $0 | |
L Keith Brunner Director | 0.25 | $0 | |
John M Cloud Director | 0.25 | $0 | |
Martin Schear Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $5 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $17,968 |
Capital Gain Net Income | $3,845 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $17,973 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $91 |
Taxes | $200 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $6,754 |
Contributions, gifts, grants paid | $225,000 |
Total expenses and disbursements | $231,754 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,102 |
Savings and temporary cash investments | $0 |
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 | $653,706 |
Accounts payable and accrued expenses | $1,515 |
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 | $1,515 |
Over the last fiscal year, The@lee And Patti Schear Family Foundation Inc has awarded $225,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
DAYTON HISTORY PURPOSE: GENERAL FUNDING | $165,000 |
MAYANOT INSTITUTE PURPOSE: GENERAL FUNDING | $12,500 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: GENERAL FUNDING | $37,500 |
MIAMI VALLEY MIKVAH PURPOSE: GENERAL FUNDING | $10,000 |