Shaker Charitable Tr
- Assets
- $244.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shaker Hts, OH
- Founding
- 10/1968
- Data as of
- 12/2022
- EIN
- 34-6609358
Organization Overview
Shaker Charitable Tr is located in Shaker Hts, OH. The organization was established in 1968. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shaker Charitable Tr 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, Shaker Charitable Tr generated $44.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $30.5k during the year ending 12/2022. While expenses have increased by 9.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AWARDED 27 SCHOLARSHIPS TO COLLEGE AND TECHNICAL SCHOOL STUDENTS FOR EDUCATIONAL SUPPORT PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Moore Trustee | 0.1 | $0 | |
Elane Better Trustee | 0.1 | $0 | |
Mike Poklar Trustee | 0.1 | $0 | |
Andrew Kawalek President | 0.5 | $0 | |
Mac Anderson Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,951 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,700 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,561 |
| Other Revenue | $0 |
| Total Revenue | $44,212 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,206 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $30,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $244,639 |
| Other assets | $0 |
| Total assets | $244,639 |
| Total liabilities | $0 |
| Net assets or fund balances | $244,639 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shaker Charitable Tr has recieved totaling $1,350.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $1,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Pittsburgh Jewish Educational Improvement Foundation Pittsburgh, PA | $252,999 | $3,355,550 |