The@marillyn M And Robert W Schlutz Family Foundation
- Assets
- $120.6k
- Revenue
- $55.4k
- Investments
- $79.2k
- Employees
- 0
- Location
- Columbus Jct, IA
- Founding
- 07/2001
- Data as of
- 11/2023
- EIN
- 42-6609543
Organization Overview
The@marillyn M And Robert W Schlutz Family Foundation is located in Columbus Jct, IA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. The@marillyn M And Robert W Schlutz 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 11/2023, The@marillyn M And Robert W Schlutz Family Foundation generated $55.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $35.3k during the year ending 11/2023. While expenses have increased by 4.4% 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.
Since 2015, The@marillyn M And Robert W Schlutz Family Foundation has awarded 22 individual grants totaling $152,152. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO VARIOUS NON PROFIT ORGINIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marillyn M Schlutz Director | 0 | $0 | |
Howard O Hagen Director | 0 | $0 | |
Susan Trader Director | 0 | $0 | |
Eric Schlutz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $4,453 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,945 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,433 |
| 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 | $660 |
| Other expenses | $86 |
| Total operating and administrative expenses | $3,284 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $35,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,465 |
| 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 | $120,643 |
| 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, The@marillyn M And Robert W Schlutz Family Foundation has awarded $32,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
L-M ELEMENTARY SCHOOL PURPOSE: DONATION | $2,500 |
CITY OF LETTS PURPOSE: DONATION | $2,500 |
FRIENDS OF THE COLUMBUS JUNCTION LI PURPOSE: DONATION | $3,000 |
COMMUNITY FOUNDATION OF GREATER MUS PURPOSE: DONATION | $24,000 |