Schmidgall Family Foundation
- Assets
- $2.7m
- Revenue
- $156.2k
- Investments
- $2.7m
- Employees
- 0
- Location
- Walland, TN
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4243630
Organization Overview
Schmidgall Family Foundation is located in Walland, TN. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Schmidgall 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, Schmidgall Family Foundation generated $156.2k 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 (10.1%) each year. All expenses for the organization totaled $133.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Schmidgall Family Foundation has awarded 36 individual grants totaling $766,272. 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 |
|---|---|---|---|
Matthew M Schmidgall Trea./vp/dir | 1 | $0 | |
Sarah N Schmidgall Pres./sec./d | 2 | $0 | |
Amy N Crutchfield Nieves Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $59,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,571 |
| Capital Gain Net Income | $90 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $156,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$200 |
| Total operating and administrative expenses | $8,343 |
| Contributions, gifts, grants paid | $124,830 |
| Total expenses and disbursements | $133,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,946 |
| Savings and temporary cash investments | $33,367 |
| 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 | $2,714,553 |
| 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, Schmidgall Family Foundation has awarded $124,830 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
T ROWE PRICE PROG CHARITABLE GIVING PURPOSE: EARLY CHILDHOOD EDUC | $70,000 |
CENTER FOR SUCCESS FOR HIGH NEED PURPOSE: HIGH NEED SCHOOLS PROGRAM | $18,000 |
CENTURY HARVEST FARMS PURPOSE: SUPPORT SRVS RECOVERY & INCARCERATIO | $12,000 |
THE RESTORATION HOUSE OF EAST PURPOSE: SUPPORTIVE TRANSITIONAL HOUSING | $10,000 |
GIRL TALK INC PURPOSE: CHILDREN SUPPORT SERVICES | $10,000 |
Naperville, IL PURPOSE: MIGHTY ACORNS-CHILDHOOD EDUC | $4,830 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
E&ss Foundation Inc Atlanta, GA | $118,157,057 | $264,264,546 |
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
Jefferson City Parks And Recreation Foundation Jefferson City, MO | $842,423 | $291,038 |
University Of Arkansas Technology Development Foundation Fayetteville, AR | $18,380,736 | $2,093,754 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
American Institute Of Certified Public Accountants Foundation Durham, NC | $13,346,405 | $1,363,179 |
Holle Family Foundation Birmingham, AL | $55,700,431 | $5,149,826 |