Schatz Family Foundation
- Assets
- $663.4k
- Revenue
- $158.9k
- Investments
- $600.9k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-4099456
Organization Overview
Schatz Family Foundation is located in Nashville, TN. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Schatz 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 12/2021, Schatz Family Foundation generated $158.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $47.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schatz Family Foundation has awarded 229 individual grants totaling $282,734. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PURPOSE IS TO SUPPORT CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert D Schatz Trustee | 1 | $0 | |
Lisa G Schatz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $102,504 |
| Interest on Savings | $8 |
| Dividends & Interest | $18,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,066 |
| Capital Gain Net Income | $38,066 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $158,885 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $128 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,502 |
| Total operating and administrative expenses | $6,655 |
| Contributions, gifts, grants paid | $41,133 |
| Total expenses and disbursements | $47,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,489 |
| 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 | $403,946 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $663,425 |
| 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 | $2,106 |
| Total liabilities | $2,106 |
Grants Awarded
Over the last fiscal year, Schatz Family Foundation has awarded $41,133 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
TNC VT PURPOSE: GENERAL | $5,000 |
Nashville, TN PURPOSE: GENERAL | $3,000 |
Colchester, VT PURPOSE: GENERAL | $3,000 |
Shelburne, VT PURPOSE: GENERAL | $2,500 |
SHELBURNE MUSEUM PURPOSE: GENERAL | $2,500 |
Nashville, TN PURPOSE: GENERAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |
Ascension Providence Foundation St Louis, MO | $25,786,185 | $4,059,548 |
Berry Charitable Foundation Greensboro, NC | $66,443,887 | $19,441,279 |
Mcleod Family Foundation Inc Roanoke, VA | $24,622,922 | $3,411,070 |
Petters Family Foundation Newport News, VA | $24,802,843 | $3,836,696 |
Louisiana First Horizon Foundation Memphis, TN | $16,881,232 | $5,299 |