Robert I Schattner Foundation Inc
- Assets
- $0.0
- Revenue
- $35.3m
- Investments
- $178.9m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 52-1800778
Organization Overview
Robert I Schattner Foundation Inc is located in Rockville, MD. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Robert I Schattner 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 12/2021, Robert I Schattner Foundation Inc generated $35.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 63.2% each year . All expenses for the organization totaled $8.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert I Schattner Foundation Inc has awarded 271 individual grants totaling $18,497,330. 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 |
|---|---|---|---|
Sidney Bresler President | 25 | $178,000 | |
Robert H Sievers Treasurer | 25 | $128,000 | |
Robert T Schattner Secretary | 10 | $43,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,291,030 |
| Dividends & Interest | $3,100,695 |
| Profit on Inventory Sales | $0 |
| Other Income | $188,913 |
| Total Revenue | $35,257,157 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $343,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $7,446 |
| Occupancy | $44,270 |
| Travel, conferences, and meetings | $138 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,487,481 |
| Contributions, gifts, grants paid | $5,949,000 |
| Total expenses and disbursements | $8,436,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,610,265 |
| Investments—mortgage loans | $0 |
| Investments—other | $75,582,843 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert I Schattner Foundation Inc has awarded $8,230,600 in support to 114 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCATION PURPOSE: ALZ CARES | $75,000 |
AMARA LEGAL CENTER PURPOSE: GENERAL SUPPORT | $25,000 |
ALPHA OMEGA DENTAL FRATERNITY PURPOSE: ORAL HEALTH PROGRAM | $54,000 |
AMERICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: HEALTH CENTER | $700,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: LFT PROGRAM | $100,000 |
AMERICAN KIDNEY FUND PURPOSE: GENERAL SUPPORT | $250,000 |