Schaefer Family Foundation
- Assets
- $141.1k
- Revenue
- $141.3k
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 10/2015
- Data as of
- 12/2022
- 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 12/2022, Schaefer Family Foundation generated $141.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $170.0 during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Schaefer President | 0.5 | $0 | |
Emily Muldoon Secretary | 0.5 | $0 | |
Barbara Schaefer Treasurer | 1 | $0 | |
Steven Schaefer Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,814 |
| Interest on Savings | $483 |
| 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 | $141,297 |
| 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 | $170 |
| Total operating and administrative expenses | $170 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,131 |
| 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 | $141,131 |
| 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 |
|---|---|
COAR PEACE MISSION PURPOSE: SUPPORT THE CARE AND HOUSING OF CHILDREN IN EL SALVADOR. | $2,000 |
INTERNAL CATHOLIC MIGRATION COMM PURPOSE: SUPPORT THEIR WORK WITH REFUGEES | $6,000 |
CHURCH OF THE RESURRECTION PURPOSE: SUPPORT THE CHURCH'S PROGRAMS OPERATIONS AND MAINTENANCE | $23,000 |
ESPERANZA THREADS PURPOSE: SUPPORT JOB TRAINING OF REFUGEES | $2,000 |
JESUIT RETREAT CENTER PURPOSE: SUPPORT THE RETREAT PROGRAMS THEY PROVIDE | $2,000 |
DOMINICAN UNIVERSITY PURPOSE: FUND SCHOLARSHIPS AND SUPPORT DEVELOPMENT OF THE LEARNING COMMONS | $20,000 |