Dr Scholl Foundation
- Assets
- $207.5m
- Revenue
- $13.2m
- Investments
- $199.6m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 10/1948
- Data as of
- 12/2023
- EIN
- 36-6068724
Organization Overview
Dr Scholl Foundation is located in Northbrook, IL. The organization was established in 1948. 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. Dr Scholl 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 12/2023, Dr Scholl Foundation generated $13.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $12.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Dr Scholl Foundation has awarded 2,445 individual grants totaling $53,929,700. 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 |
|---|---|---|---|
Pamela Scholl Board Chairman/president | 35 | $613,000 | |
Lea Slahor Treasurer | 40 | $313,900 | |
Anne Moseley Director/vice President | 35 | $318,900 | |
Daniel Mahaffee Director/secretary | 10 | $124,000 | |
Mary Ann Hynes Director | 7 | $42,000 | |
Stephen Meer Director | 6.5 | $39,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Captrust | 12/30/23 | $145,874 |
Jennison Associates | 12/30/23 | $103,043 |
Cape Ann Asset Mgmt | 12/30/23 | $86,008 |
Rsm Us Llp | 12/30/23 | $79,751 |
Polaris Capital | 12/30/23 | $63,525 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,002,823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,216,395 |
| Capital Gain Net Income | $9,253,221 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,219,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,588,606 |
| Other employee salaries and wages | $253,000 |
| Pension plans, employee benefits | $649,982 |
| Interest | $0 |
| Taxes | $282,508 |
| Depreciation | $0 |
| Occupancy | $161,269 |
| Travel, conferences, and meetings | $51,645 |
| Printing and publications | $0 |
| Other expenses | $126,089 |
| Total operating and administrative expenses | $3,867,428 |
| Contributions, gifts, grants paid | $8,110,000 |
| Total expenses and disbursements | $11,977,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,917,295 |
| Savings and temporary cash investments | $171,864 |
| Net Accounts receivable | $22,664 |
| 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 | $215,945 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $72,421,061 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,569,038 |
| Total assets | $207,489,894 |
| Accounts payable and accrued expenses | $1,580,378 |
| 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 | $980,314 |
| Total liabilities | $2,560,692 |
Grants Awarded
Over the last fiscal year, Dr Scholl Foundation has awarded $8,110,000 in support to 365 organizations.
| Grant Recipient | Amount |
|---|---|
100 CLUB OF ILLINOIS PURPOSE: MENTAL HEALTH SUPPORT FOR FIRST RESPONDERS | $5,000 |
ADAPTIVE ADVENTURES PURPOSE: ADAPTIVE SPORTS PROGRAM FOR CHILDREN | $5,000 |
ADLER PLANETARIUM PURPOSE: SUMMER INTERNSHIP PROGRAM | $20,000 |
A SAFE HAVEN FOUNDATION PURPOSE: BEHAVIORAL HEALTHCARE CENTER | $5,000 |
AFRICAN AMERICAN CHRISTIAN FOUNDATION PURPOSE: WORKFORCE TRAINING AND OPPORTUNITIES FOR LOW-INCOME YOUTH AND YOUNG ADULTS | $5,000 |
ALEXANDRIA TUTORING CONSORTIUM PURPOSE: LITERACY TUTORING FOR FIRST GRADERS | $5,000 |