Schorer Foundation Inc
- Assets
- $186.5k
- Revenue
- $3.5k
- Investments
- $181.1k
- Employees
- 0
- Location
- Reedsburg, WI
- Founding
- 10/1966
- Data as of
- 06/2024
- EIN
- 39-6085473
Organization Overview
Schorer Foundation Inc is located in Reedsburg, WI. The organization was established in 1966. 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. Schorer 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 06/2024, Schorer Foundation Inc generated $3.5k in total revenue. All expenses for the organization totaled $13.2k during the year ending 06/2024.
Since 2015, Schorer Foundation Inc has awarded 126 individual grants totaling $101,900. 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 |
|---|---|---|---|
William Cschorer III Pres./treas./director | 1 | $0 | |
William C Schorer IV Vice Pres./secr./director | 0 | $0 | |
Patricia Anne Schorer Secr./director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,413 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $93 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,628 |
| Total operating and administrative expenses | $3,621 |
| Contributions, gifts, grants paid | $9,550 |
| Total expenses and disbursements | $13,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,378 |
| 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 | $186,509 |
| 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, Schorer Foundation Inc has awarded $9,550 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S DYSLEXIA CENTER PURPOSE: TUTORING FOR CHILDREN WITH DYSLEXIA | $1,000 |
FIRST UNITED CHURCH OF CHRIST SAUK CITY WI PURPOSE: CHURCH | $1,000 |
FRIENDS OF THE LIBRARY - REEDSBURG WI PURPOSE: LIBRARY | $800 |
AMERICAN LEGION POST 350 - REEDSBURG WI PURPOSE: AIDS YOUTH | $800 |
RAMC FOUNDATION REEDBURG WI PURPOSE: MEDICAL | $1,000 |
REEDSBURG AREA HIGH SCHOOL SCHOLARSHIPS PURPOSE: ASSISTS YOUTH IN ATTENDING POST SECONDARY SCHOOL. | $850 |