Schaefer Family Foundation
- Assets
- $4.0
- Revenue
- $121.7k
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-5337983
Organization Overview
Schaefer Family Foundation is located in East Lansing, MI. The organization was established in 2015. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schaefer 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, Schaefer Family Foundation generated $121.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $124.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Schaefer Family Foundation has awarded 40 individual grants totaling $210,615. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Muldoon Secretary | 0.5 | $0 | |
Richard Schaefer President | 0.5 | $0 | |
Barbara Schaefer Treaslurer | 1 | $0 | |
Steven Schaefer Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $121,723 |
| Interest on Savings | $10 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,733 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $103 |
| Total operating and administrative expenses | $103 |
| Contributions, gifts, grants paid | $124,260 |
| Total expenses and disbursements | $124,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| 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 | $4 |
| 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, Schaefer Family Foundation has awarded $124,260 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCH OF THE RESURRECTION PURPOSE: SUPPORT THE CHURCH'S PROGRAMS OPERATIONS AND MAINTENANCE | $23,000 |
River Forest, IL PURPOSE: FUND SCHOLARSHIPS AND SUPPORT DEVELOPMENT OF THE LEARNING COMMONS | $20,000 |
New Haven, CT PURPOSE: SUPPORT THEIR WORK WITH PERSECUTED CHRISTIANS IN THE MIDDLE EAST. | $10,000 |
SISTERS OF NOTRE DAME DE NAMUR PURPOSE: SUPPORT THEIR INNER CITY SCHOOL AND JOB TRAINING PROGRAM. | $8,000 |
WORK OF CHRIST COMMUNITY PURPOSE: PROVIDE FUNDING FOR PROGRAMS OPERATIONS AND MAINTENANCE. | $7,500 |
CATHOLIC RELIEF SERVICES PURPOSE: HELP FUND THE WORK THEY DO TO AID REFUGEES. | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraunhofer Usa Inc Plymouth, MI | $31,958,834 | $20,911,766 |
The Health Collaborative Cincinnati, OH | $10,957,986 | $22,262,752 |
Arbor Research Collaborative For Health Ann Arbor, MI | $23,346,603 | $18,357,581 |
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
American Dairy Association Of Michigan Inc Okemos, MI | $3,921,233 | $8,317,997 |
Center For Healthcare Research & Transformation Ann Arbor, MI | $2,198,670 | $6,645,435 |
Innovative Lifestyles Inc Clarkston, MI | $1,440,300 | $6,333,556 |
Cleveland Va Medical Research And Education Foundation Cleveland, OH | $5,763,350 | $4,153,737 |
Society For Investigative Dermatology Inc Cleveland, OH | $10,062,839 | $2,813,359 |
Northern Indiana Education Foundation Inc Michigan City, IN | $18,815,733 | $2,249,251 |
Michigan Petroleum Association Lansing, MI | $1,742,386 | $1,176,439 |
Interrai Ann Arbor, MI | $4,412,577 | $1,351,910 |