Steven And Marcy Schaeffer Family Foundation Inc
- Assets
- $2.2m
- Revenue
- $34.1k
- Investments
- $2.2m
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-5339818
Organization Overview
Steven And Marcy Schaeffer Family Foundation Inc is located in Ithaca, NY. The organization was established in 2012. 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. Steven And Marcy Schaeffer Family 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, Steven And Marcy Schaeffer Family Foundation Inc generated $34.1k 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 (12.5%) each year. All expenses for the organization totaled $142.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Steven And Marcy Schaeffer Family Foundation Inc has awarded 62 individual grants totaling $931,785. 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 |
|---|---|---|---|
Marcy C Schaeffer Director, President | 0.25 | $0 | |
Steven F Schaeffer Director, Treasurer | 0.25 | $0 | |
Kelsey Jane Gardner Director, Assistant Treasu | 0.1 | $0 | |
Leslie D Wagner Director | 0.1 | $0 | |
James R Franz Director, Secretary | 0.1 | $0 | |
Andrea I Kabcenell Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $61,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,955 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $372 |
| Total operating and administrative expenses | $11,349 |
| Contributions, gifts, grants paid | $131,000 |
| Total expenses and disbursements | $142,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,589 |
| Savings and temporary cash investments | $2,051 |
| 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 | $150,974 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,029 |
| Total assets | $2,202,924 |
| 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, Steven And Marcy Schaeffer Family Foundation Inc has awarded $131,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCACY CENTER OF TOMPKINS COUNTY PURPOSE: TO ASSIST INDIVIDUALS EXPERIENCING DOMESTIC OR SEXUAL VIOLENCE | $10,000 |
CENTER FOR TRANSFORMATIVE ACTION PURPOSE: TO SUPPORT POSITIVE SOCIAL CHANGE | $3,000 |
COMMUNITY ARTS PARTNERSHIP OF TOMPKINS COUNTY PURPOSE: TO SUPPORT THE ARTS | $26,000 |
FREE SCIENCE PURPOSE: TO SUPPORT SCIENCE | $16,000 |
GREATER ITHACA ACTIVITIES CENTER INC PURPOSE: TO SUPPORT BOXING PROGRAM FOR YOUTH AND TEENS | $15,000 |
OPPORTUNITIES ALTERNATIVES AND RESOURCES OF TOMPKINS COUNTY INC PURPOSE: TO ASSIST INCARCERATED INDIVIDUALS AND THEIR FAMILIES | $25,000 |