Rosalind And Franklyn Schaefer Family Foundation
- Assets
- $3.3m
- Revenue
- $675.6k
- Investments
- $3.2m
- Employees
- 0
- Location
- Sands Point, NY
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 35-7085237
Organization Overview
Rosalind And Franklyn Schaefer Family Foundation is located in Sands Point, NY. The organization was established in 2018. 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. Rosalind And Franklyn Schaefer Family 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 12/2021, Rosalind And Franklyn Schaefer Family Foundation generated $675.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $211.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Rosalind And Franklyn Schaefer Family Foundation has awarded 141 individual grants totaling $786,693. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalind Schaefer Trustee | 0.25 | $0 | |
Philip Schaefer Trustee | 0.25 | $0 | |
Diane Schaefer Ampagoumian Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $485,675 |
| Interest on Savings | $10 |
| Dividends & Interest | $114,978 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,922 |
| Capital Gain Net Income | $232,622 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $675,585 |
| 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 | $250 |
| Total operating and administrative expenses | $19,541 |
| Contributions, gifts, grants paid | $191,450 |
| Total expenses and disbursements | $210,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,810 |
| 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 | $157,332 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,320,668 |
| 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, Rosalind And Franklyn Schaefer Family Foundation has awarded $191,450 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
LONG ISLAND UNIVERSITY PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION. | $50,000 |
ASPCA PURPOSE: TO PROVIDE EFFECTIVE MEANS FOR THE PREVENTION OF CRUELTY TO ANIMALS THROUGHOUT THE UNITED STATES. | $25,000 |
Roslyn, NY PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION. | $25,000 |
THE MICHAEL J FOX FOUNDATION PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION. | $15,000 |
HAMPTON CLASSIC FOUNDATION CHARITY PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION. | $12,500 |
New York, NY PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |