Richard Schoenstadt Memorial Foundation Inc is located in Highland Park, IL. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public 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. Richard Schoenstadt Memorial 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 12/2023, Richard Schoenstadt Memorial Foundation Inc generated $39.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $43.2k during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RICHARD SCHOENSTADT MEMORIAL FOUNDATION, INC. HELD A FUND RAISING EVENT ON JULY 23, 2023 WHICH RAISED SUFFICIENT FUNDS TO DONATE $40,000 TO DONEES LISTED IN SCHEUDLE O.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ross Putterman President, Director, Ceo, | 2 | $0 | |
Matthew Grossberg Vice-Chairman, Secretary, | 0 | $0 | |
Caryn Putterman CFO | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,544 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $28,642 |
Other Revenue | $0 |
Total Revenue | $39,186 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,729 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,511 |
Total expenses | $43,240 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $38,788 |
Other assets | $0 |
Total assets | $38,788 |
Total liabilities | $0 |
Net assets or fund balances | $38,788 |