Schildberg Foundation
- Assets
- $3.1m
- Revenue
- $134.9k
- Investments
- $3.0m
- Employees
- 0
- Location
- Greenfield, IA
- Founding
- 07/1987
- Data as of
- 04/2023
- EIN
- 42-1282794
Organization Overview
Schildberg Foundation is located in Greenfield, IA. The organization was established in 1987. 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. Schildberg 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 04/2023, Schildberg Foundation generated $134.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $292.9k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Schildberg Foundation has awarded 334 individual grants totaling $1,471,900. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Schildberg President | 1 | $0 | |
Kathy Youngblood Vice Preside | 1 | $0 | |
Kitty Sherer Secretary/tr | 1 | $0 | |
Jeremy Youngblood Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,916 |
| Dividends & Interest | $92,522 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,263 |
| Capital Gain Net Income | $13,263 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $187 |
| Total Revenue | $134,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,099 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,677 |
| Total operating and administrative expenses | $47,920 |
| Contributions, gifts, grants paid | $245,000 |
| Total expenses and disbursements | $292,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,775 |
| Savings and temporary cash investments | $72,933 |
| 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 | $3,108,041 |
| 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, Schildberg Foundation has awarded $245,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
ADAIR COUNTY HISTORICAL SOCIETY PURPOSE: GENERAL OPERATIONS | $2,000 |
ADAIR COUNTY HEALTH & FITNESS PURPOSE: GENERAL OPERATIONS | $3,000 |
ADAMS COUNTY ECONOMICAL DEV PURPOSE: GENERAL OPERATIONS | $5,000 |
ADAIR COUNTY MEMORIAL HOSPITAL PURPOSE: GENERAL OPERATIONS | $5,000 |
AUDUBON RECREATION CENTER PURPOSE: GENERAL OPERATIONS | $5,000 |
CARTER LAKE MODEL RAILROAD PURPOSE: GENERAL OPERATIONS | $3,000 |