The Shoff Foundation Inc
- Assets
- $3.2m
- Revenue
- $87.8k
- Investments
- $2.9m
- Employees
- 0
- Location
- Lawrenceville, GA
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 45-2717854
Organization Overview
The Shoff Foundation Inc is located in Lawrenceville, GA. The organization was established in 2012. 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. Shoff 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 12/2022, Shoff Foundation Inc generated $87.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $432.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Shoff Foundation Inc has awarded 164 individual grants totaling $951,300. 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 |
|---|---|---|---|
Richard L Mason Ceo(deceased 6/8/22) | 20 | $34,000 | |
Christine M Kerr CEO | 20 | $53,100 | |
Kelly M Marshall Treasurer | 20 | $12,000 | |
Kirsten M Hutchins Secretary | 20 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,637 |
| Dividends & Interest | $55,262 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,058 |
| Capital Gain Net Income | $16,058 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,886 |
| Total Revenue | $87,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $111,100 |
| 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 | $71,356 |
| Total operating and administrative expenses | $202,971 |
| Contributions, gifts, grants paid | $229,200 |
| Total expenses and disbursements | $432,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,641 |
| 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 | $3,181,420 |
| 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 Shoff Foundation Inc has awarded $229,200 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ALONO BEACH CLUB INC PURPOSE: CHARITABLE CONTRIBUTION TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION | $6,000 |
ATLANTA HOSPITAL HOSPITALITY HOUSE PURPOSE: CHARITABLE CONTRIBUTION TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION | $5,000 |
ATLANTA MISSION PURPOSE: CHARITABLE CONTRIBUTION TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION | $1,000 |
CARVER FOUNDATION OF NORWALK INC PURPOSE: CHARITABLE CONTRIBUTION TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION | $5,000 |
COMMUNITY COUNCIL ON AGING PURPOSE: CHARITABLE CONTRIBUTION TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION | $2,000 |
DELIVERING HOPE FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION | $5,000 |