Betty M Schocke Charitable Foundation
- Assets
- $1.3m
- Revenue
- $164.8k
- Investments
- $957.6k
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-6982025
Organization Overview
Betty M Schocke Charitable Foundation is located in Cleveland, OH. The organization was established in 2015. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Betty M Schocke Charitable 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, Betty M Schocke Charitable Foundation generated $164.8k in total revenue. All expenses for the organization totaled $129.6k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 3 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.
Since 2020, Betty M Schocke Charitable Foundation has awarded 12 individual grants totaling $304,793. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $135,950 |
| Capital Gain Net Income | $135,950 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $164,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,258 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $386 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,936 |
| Contributions, gifts, grants paid | $104,693 |
| Total expenses and disbursements | $129,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $315,791 |
| 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 | $1,273,348 |
| 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, Betty M Schocke Charitable Foundation has awarded $104,693 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARY CATHEDRAL BASILICA GALVESTON T PURPOSE: GENERAL FINANCIAL SUPPORT | $52,346 |
Galveston, TX PURPOSE: GENERAL FINANCIAL SUPPORT | $20,939 |
HOLY FAMILY CATHOLIC SCHOOL GALVESTON PURPOSE: GENERAL FINANCIAL SUPPORT | $20,939 |
Galveston, TX PURPOSE: GENERAL FINANCIAL SUPPORT | $10,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Samuel Frankel And Jean Frankel Support Foundation Bloomfield Hills, MI | $0 | $127,796 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Mary G Stange Charitable Trust Ann Arbor, MI | $495,498 | $4,941,394 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |